Matthew Thomas

Matthew Thomas

Akin Gump Strauss Hauer & Feld LLP

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EU-US Privacy Shield Released

Today, the U.S. Department of Commerce (DOC) released the full text of the new transatlantic data transfer agreement with the European Union (EU). The new framework, known as the EU-US Privacy Shield, was agreed to in early...more

3/2/2016 - Arbitration bindin EU EU-US Privacy Shield International Data Transfers Model Contracts U.S. Commerce Department

Campaigns Push on to New Hampshire

If you read one thing... - The field of candidates has narrowed following the conclusion of the Iowa caucuses; however, there is no clear front-runner for either party. - Republicans continue to spar over...more

2/10/2016 - Political Candidates Presidential Elections

Tax Outlook for 2016

If you only read one thing... - Expect 2016 to be relatively quiet with respect to tax-related legislation; however, much policy activity—in the tax-writing committees, the Treasury Department and on the...more

1/29/2016 - Presidential Elections Protecting Americans from Tax Hikes (PATH) Act Regulatory Agenda Senate Finance Committee Tax Extenders Tax Reform

Agency Deadlines Under Cybersecurity Information Sharing Act of 2015

On December 18, the House and Senate passed an ombinus appropriations package, which includes legislation that provides liability protection to companies that voluntarily engage in cybersecurity information sharing with one...more

1/13/2016 - Cybersecurity Information Sharing Act (CISA) Deadlines Department of Defense (DOD) DHS DOJ

Cybersecurity Information Sharing Legislation Passes in Omnibus

If you read one thing... - The omnibus appropriations package includes legislation that provides liability protection to companies who voluntarily engage in cybersecurity information sharing. - The...more

12/23/2015 - Appropriations Bill Bipartisan Budget Cybersecurity Data-Sharing DHS

Financial Services Committee Reports Data Security and Breach Notification Bill

On December 9, 2015, the House Financial Services Committee favorably reported H.R. 2205, the Data Security Act of 2015, sponsored by Reps. Randy Neugebauer (R-TX) and John Carney (D-DE). The bill, which would direct...more

12/10/2015 - Cybersecurity Framework Data Security Financial Services Industry Personal Data Proposed Legislation Third-Party Service Provider

Senate Passes Burr-Feinstein Cybersecurity Bill

The Senate has passed the Cybersecurity Information Sharing Act (S.754, CISA), sponsored by Sens. Richard Burr (R-NC) and Dianne Feinstein (D-CA), the chair and vice-chair of the Senate Intelligence Committee, by a margin of...more

10/28/2015 - CISA Cybersecurity Information Sharing Pending Legislation Popular

Candidates Begin to Detail Tax Reform Plans

As the 2016 presidential election cycle rolls on, both Republican and Democratic candidates are beginning to release details of their tax reform plans. On the Republican side, Donald Trump released more details of his...more

10/21/2015 - Bernie Sanders Cadillac Tax Donald Trump Earned Income Credit Employer Group Health Plans Governor Jindal Health Insurance High Frequency Trading Hillary Clinton Jeb Bush Political Candidates Presidential Elections Tax Reform

European Court of Justice Strikes Down Data Transfer Agreement Between United States and European Union

If you read one thing... - Just this week, Europe's highest court struck down the U.S.-EU Safe Harbor Framework, stating that it failed to adequately protect the privacy rights of EU citizens. - The ruling,...more

10/8/2015 - Data Protection Authority EU EU Data Protection Laws European Commission European Court of Justice (ECJ) International Data Transfers Schrems v Data Protection Commissioner US-EU Safe Harbor Framework

Tax Policy Update: The Emerging Fall Fiscal Cliff

If you read one thing... - Congress’ tax and budget challenges include funding the government for FY 2016 and a required federal debt ceiling increase to avoid catastrophic default on the nation’s debt. These legislative...more

9/9/2015 - Affordable Care Act Cadillac Tax Debt Ceiling Federal Aviation Administration (FAA) Federal Budget Federal Funding Federal Highway Administration Social Security Disability Tax Extenders Tax Revenues Trans-Pacific Partnership

The Developing 2017 Tax Agenda: The Tax Plans of Presidential Candidates

With Gov. John Kasich (R-OH) officially in the race for president, the total number of Republican candidates for president stands at 17, while Democrats, led by former Secretary of State Hillary Clinton (D-NY), total five....more

8/24/2015 - Political Candidates Political Parties Presidential Elections Tax Policy Tax Reform

OPM Hit by Massive Data Breach

On June 4, 2015, the U.S. Office of Personnel Management (OPM) announced that it was the victim of a data breach in which records of more than four million current and former agency employees were accessed. According to the...more

6/8/2015 - Cyber Attacks Cybersecurity Data Breach Office of Personnel Management (OPM)

House Passes Cybersecurity Information Sharing Bills

On Wednesday, April 22, 2015, the House passed H.R. 1560, the Protecting Cyber Networks Act, sponsored by House Intelligence Committee Chairman Devin Nunes (R-CA), with Ranking Member Adam Schiff (D-CA) as lead cosponsor. ...more

4/25/2015 - CISA Cybersecurity Framework DHS HSA NCCIC U.S. House

Reps. Burgess, Blackburn and Welch Release Data Breach Bill

On Thursday, March 12, 2015, House Energy & Commerce Subcommittee on Commerce, Manufacturing, and Trade Chairman Michael Burgess (R-TX), along with Reps. Marsha Blackburn (R-TN) and Peter Welch (D-VT), released draft text of...more

3/16/2015 - Breach Notification Rule Cybersecurity Data Breach Data Protection Identity Theft

Markey, Democrats Introduce Data Broker Bill

On Thursday, March 5, 2015, Sen. Ed Markey (D-MA), along with Sens. Richard Blumenthal (D-CT), Sheldon Whitehouse (D-RI) and Al Franken (D-MN), introduced legislation that would grant the FTC authority to issue new rules...more

3/10/2015 - Data Brokers FTC Proposed Legislation

White House Releases Revised Consumer Privacy Bill of Rights

On Friday, February 27, 2015, the White House released a revised version of its 2012 proposal for a consumer privacy bill of rights. The revised legislative proposal largely tracks with the 2012 proposal in that it focuses on...more

3/2/2015 - Consumer Privacy Bill of Rights Corporate Counsel Covered Entities Enforcement Authority FTC Obama Administration Proposed Legislation

White House Holds Cybersecurity Summit at Stanford University

On Friday, February 13, 2015, President Obama delivered the keynote speech and signed an executive order on cybersecurity information sharing at the White House cybersecurity and privacy summit held at Stanford University. ...more

2/19/2015 - Barack Obama Cybersecurity Cybersecurity Framework Cybersecurity Summit Information Sharing

Obama Administration Announces Creation of Cyber Threat Intelligence Integration Center

On February 10, 2015, the White House announced that it will create a new agency tasked with facilitating the sharing of cyber threat information among other federal agencies. Lisa Monaco, assistant to the president for...more

2/12/2015 - Barack Obama CTIIC Cybersecurity Popular

Energy & Commerce Subcommittee Holds Hearing on Data Security and Breach Notification; FTC Releases “Internet of Things” Report

Tuesday, the House Energy & Commerce Subcommittee on Commerce, Manufacturing, and Trade held its first hearing of the 114th Congress, entitled “What Are the Elements of Sound Data Breach Legislation?”...more

1/28/2015 - Breach Notification Rule Congressional Investigations & Hearings Data Breach Legislative Agendas Legislative Committees Popular

President Calls on Congress to Pass Cybersecurity, Data Breach Bills; Congress Begins Action on the Issue

In his sixth State of the Union Address to Congress, President Obama again called on Congress to strengthen the nation’s cybersecurity laws and enact a federal standard for data security and breach notification. Speaking...more

1/22/2015 - Barack Obama Breach Notification Rule Cybersecurity Data Protection Legislative Agendas Popular

Administration Continues Weeklong Focus on Cyber Security and Privacy

The President is continuing to focus on cybersecurity and privacy issues and proposals in the buildup to his State of the Union address, underscoring the importance of addressing these matters and the increase in bipartisan...more

1/14/2015 - Barack Obama Cybersecurity Legislative Agendas Proposed Legislation Security and Privacy Controls

President Announces New Legislation and Partnerships for Increased Privacy Protections

Today, President Obama announced a series of new bills and voluntary partnerships the White House will launch in order to further protect individual privacy in the wake of several high-profile data breaches at major U.S. and...more

1/13/2015 - Barack Obama Cybersecurity Data Protection Legislative Agendas Privacy Policy Proposed Legislation

Data Breaches: Industry Calls for Single, Federal Breach Notification Standard

Yesterday, a coalition of 44 service and retail industry trade associations sent a letter to congressional leadership, urging the House and Senate to adopt a single data breach notification standard at the federal level. The...more

11/7/2014 - Breach Notification Rule Data Breach Data Protection

Administration and SIFMA Announce New Steps to Make Financial Data More Secure

On October 17, 2014, President Obama directed the federal government to take steps to improve the security of financial transactions in the United States. As part of the “BuySecure” Initiative, the President pledged a...more

10/22/2014 - Banking Sector Banks Barack Obama CFPB Cybersecurity Data Protection Identity Theft Law Enforcement SIFMA U.S. Treasury

California Enacts New Data Protection, Notification and Remedy Law

On Tuesday, California Governor Jerry Brown signed into law a new data protection bill, which comes amid revelations of additional high-profile data breaches at Supervalu and Albertson’s grocery stores. ...more

10/3/2014 - Breach Notification Rule Data Breach Data Protection Remedies

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