As of September 4, 2018, financial institutions and other entities regulated by the New York State Department of Financial Services (“DFS”) must comply with the third of four compliance deadlines established by DFS’s new...more
On June 12, 2018, a group of U.S. Senate Democrats introduced legislation that would require state and local governments to take steps to deter federal election tampering. Senators Kirsten Gillibrand (D-N.Y.), Ed Markey...more
On August 28, 2017, regulations first announced by the New York Department of Financial Services (“DFS”) in September 2016 took effect, marking the start of the first compliance period for covered financial institutions...more
On July 12, 2017, U.S. Securities and Exchange Commission Chairman Jay Clayton made his first public speech as head of the Commission, emphasizing the need for coordination between companies and regulators to thwart cyber...more
On May 23, 2017, Target Corp. reached a settlement with 47 states and the District of Columbia, agreeing to pay $18.5 million to resolve the states’ investigation into Target’s 2013 customer data breach. The resolution...more
On Monday, November 7, 2016, the Standing Committee of the National People’s Congress of China promulgated a new cybersecurity law, providing the Chinese government with sweeping authority to regulate and monitor internet...more