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Dechert Cyber Bits - Issue 61

X Agrees to Stop Processing EU Data to Train its Grok AI - Ireland’s Data Protection Commission (“DPC”) recently filed an urgent High Court application against X (formerly Twitter) for using the personal data of European...more

Dechert Cyber Bits - Issues 57

CFPB Director Chopra Emphasizes “Pressing Need” for Data Protections - On June 12, 2024 and June 13, 2024, Consumer Financial Protection Bureau Director Rohit Chopra appeared before the Senate Banking Committee and the...more

Dechert Cyber Bits - Key Developments in Privacy & Cybersecurity - Issue 48

FTC Announces Proposed Settlement with Data Aggregator over its Alleged Selling of Precise Location Data - The Federal Trade Commission (“FTC”), on January 18, 2024, announced a proposed settlement with InMarket Media...more

Ready Set Go: California Privacy Protection Agency Previews Draft Regulations

Less than two months after the California Privacy Protection Agency (“CPPA” or “Agency”) formally took over rulemaking for the California Consumer Privacy Act (“CCPA”), as amended by the California Privacy Rights Act...more

SEC Proposes New Cybersecurity Rules for SEC Registered Advisers and Funds

At an open meeting on February 9, 2022, the Securities and Exchange Commission voted three-to-one to propose new and amended rules regarding cybersecurity risk management, cyber incident reporting and cyber risk disclosure...more

Dechert Cyber Bits - Issue 6

On January 12, 2022, the French data protection authority (“CNIL“) published guidance on the reuse of personal data by processors for their own purposes (the “Guidance”)....more

Dechert’s Privacy & Cybersecurity Extended Forecast for 2022: Hot Today. Hotter Tomorrow!

​​​​​Few things are certain, but it is indisputable that in 2022 data will remain big; data driven technologies will create unparalleled opportunity and risk; the frequency and sophistication of cyberattacks will shatter...more

OCIE Issues Cybersecurity Risk Alert on the Risk of Credential Stuffing Attacks

The Risk Alert makes clear that OCIE has observed an increase in the frequency of credential stuffing attacks against Registrants, including some successful credential stuffing attacks that resulted in the loss of customer...more

State Attorney General Proposes Final Regulations in Connection with California Consumer Protection Act

The California Attorney General’s Office (California AG) submitted final proposed regulations (Regulations) under the California Consumer Privacy Act (CCPA) to the California Office of Administrative Law (CA OAL) on June 1,...more

SEC Staff to Conduct Broker-Dealer and Investment Adviser Examinations Focused on Cybersecurity

The Securities and Exchange Commission’s (the “SEC” or the “Commission”) Office of Compliance Inspections and Examinations (“OCIE”) announced in an April 15, 2014 Risk Alert (the “Alert”) that it will be conducting...more

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