Stuart D. Levi

Stuart D. Levi

Skadden, Arps, Slate, Meagher & Flom LLP

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"Privacy & Cybersecurity Update - January 2017"

In this edition of our Privacy & Cybersecurity Update, we discuss how the prospect of a new chair and three new commissioners at the FTC may impact the agency's approach to cybersecurity regulation, a new Massachusetts...more

2/4/2017 - Administrative Appointments Breach Notification Rule Cyber Insurance Cybersecurity Cybersecurity Framework Data Breach Enforcement Actions FTC HIPAA Internet of Things NIST OCR Popular Privacy Policy Public Disclosure Software Swiss Privacy Shield Trump Administration

"Blockchains Offer Revolutionary Potential in Fintech and Beyond"

Blockchain, the distributed ledger technology that underlies bitcoin transactions, has been heralded as a transformative technology that is as significant as the development of the internet. The enthusiasm for blockchain...more

2/2/2017 - Blockchain Cybersecurity Digital Currency Distributed Ledger Financial Sector Financial Services Industry FinTech Global Economy Popular Smart Contracts Technology

"Despite Aversion to Regulation, Trump May Expand Cybersecurity Efforts"

President Donald Trump’s statements to date on regulation in general and cybersecurity regulation in particular suggest a conflict between his desire to strengthen the country’s cybersecurity efforts and his general antipathy...more

2/2/2017 - Administrative Appointments Cybersecurity Department of Financial Services FTC Harmonization Rules Popular Trump Administration

"Privacy & Cybersecurity Update - December 2016"

In this month's edition of our Privacy & Cybersecurity Update, we examine modifications to New York state's proposed cybersecurity regulations for financial institutions, a 5th Circuit ruling that a phishing scam is not...more

1/4/2017 - Banks Commercial Crime Insurance Polices Consumer Insurance Products Cyber Insurance Cybersecurity Data Breach Data Privacy Department of Financial Services FCC Home Depot Internet of Things Phishing Scams Privacy Laws Trump Administration U.S. Treasury

"Federal Regulator Signals Willingness to Grant National Bank Charters to Fintech Companies"

On December 2, 2016, the Office of the Comptroller of the Currency (OCC) announced its willingness to entertain applications from financial technology (fintech) companies for special purpose national bank charters. In recent...more

12/9/2016 - Banking Sector FDIC Federal Reserve FinTech Fintech Charter National Bank Charters OCC

"Privacy & Cybersecurity Update - November 2016"

In this month's Privacy & Cybersecurity Update, we review an 11th Circuit case involving the longstanding battle between the FTC and medical company LabMD, recent NIST guidelines for securing devices connected to the...more

12/2/2016 - Administrative Appeals Appeals China Critical Infrastructure Sectors Cybersecurity Cybersecurity Laws Data Breach Data Security FTC FTC Act Geo-Blocking LabMD LinkedIn NIST Russia Section 5 Third-Party Service Provider Unfair or Deceptive Trade Practices

"Privacy & Cybersecurity Update - September 2016"

In this edition of our Privacy & Cybersecurity Update, we examine the Sixth Circuit's decision to allow injury-in-fact to be established by alleging a "substantial risk of harm" in a data breach case, New York state's...more

10/3/2016 - Article III CFTC Class Action Commodities Corporate Counsel Cybersecurity Data Breach Data Protection Data Protection Authority EU EU-US Privacy Shield Financial Institutions Financial Markets Financial Sector FTC Germany International Data Transfers NIST NYDFS Personal Data Popular Standing UK Young Lawyers

Privacy & Cybersecurity Update: New York State Proposes Cybersecurity Regulation for Financial Institutions

New York state has proposed a new regulation — to go into effect January 1, 2017 — that would require banks, insurance companies and other financial services institutions regulated by the New York State Department of...more

9/15/2016 - Banks CISO Comment Period Covered Entities Cyber Attacks Cyber Crimes Cybersecurity Data Protection Data Retention Financial Institutions Financial Sector Gramm-Leach-Blilely Act Hackers HIPAA Insurance Industry NYDFS Popular Proposed Regulation Risk Assessment Risk Management

"Privacy & Cybersecurity Update - June 2016"

In this edition of our Privacy & Cybersecurity Update, we examine the impact of Brexit on EU data protection, court rulings on cyber insurance policy exclusions and coverage gaps, recent statements from the FTC and the...more

6/30/2016 - Banks Bonds Class Action Corporate Counsel Cyber Insurance Cybersecurity Data Breach Data Protection Data Protection Authority Electronic Health Record Incentives EU Data Protection Laws EU-US Privacy Shield Fashion Industry FFIEC Fraudulent Transfers FTC Germany Hackers Internet of Things Privacy Laws Spokeo v Robins Standing UK Brexit Young Lawyers

Privacy & Cybersecurity Update - May 2016

In this edition of our Privacy & Cybersecurity Update, we examine recent developments, including the U.S. Supreme Court's holding in Spokeo that consumer plaintiffs must show "real harm" to sue in federal court, the EU data...more

6/3/2016 - Antitrust Violations Article III Breach Notification Rule Cyber Insurance Cybersecurity Data Breach Data Protection Commissioner EU-US Privacy Shield Injury-in-Fact Ireland Privacy Laws Risk of Loss SCOTUS Spokeo v Robins Standing Subrogation

"New Federal Trade Secrets Act Becomes Law"

On May 11, 2016, President Obama signed the Defend Trade Secrets Act of 2016 (DTSA, or Act) into law. The DTSA, among other things, amends the Economic Espionage Act to create, for the first time, a federal private civil...more

5/13/2016 - Asset Seizure Damages Defend Trade Secrets Act (DTSA) Ex Parte Injunctions Misappropriation Private Right of Action Statute of Limitations Trade Secrets UTSA Whistleblower Protection Policies

Privacy & Cybersecurity Update - April 2016

In this edition of our Privacy & Cybersecurity Update, we examine changes to EU privacy and data protection laws, new state laws addressing data breach notifications, Congress' review of cyber insurance, and recent court...more

5/3/2016 - Class Action Commercial General Liability Policies Corporate Counsel Cyber Insurance Cybersecurity Data Breach Encryption EU EU-US Privacy Shield FTC Future Harm General Data Protection Regulation (GDPR) Mobile Health Apps Notice Requirements Standing State Data Breach Notification Statutes Young Lawyers

Privacy & Cybersecurity Update - March 2016

In this edition of our Privacy & Cybersecurity Update, we examine the FCC's proposed privacy rules for broadband providers; new developments relating to the Privacy Shield, which was created to replace the U.S.-EU Safe Harbor...more

4/4/2016 - CFPB Cyber Insurance Cybersecurity Data Protection Authority Data Security Department of Defense (DOD) EU EU-US Privacy Shield FCC Internet Service Providers (ISPs) IRS Phishing Scams Privacy Policy US-EU Safe Harbor Framework

"IRS Issues Alert on Phishing Scheme to Obtain Payroll Data"

The Internal Revenue Service (IRS) recently issued an alert regarding a phishing email scheme in which cybercriminals pose as governmental officials or company executives and request employee payroll and tax data, including...more

3/24/2016 - Corporate Executives Cyber Crimes Email Government Officials IRS Payroll Records Phishing Scams Social Security Numbers Tax Fraud W-2

"Privacy & Cybersecurity Update - Historic New 'Privacy Shield' Agreement to Replace EU-US Safe Harbor"

Two days after the original January 31 deadline, the European Union and United States have announced a replacement for the Safe Harbor agreement — the EU-U.S. Privacy Shield — which, if approved, will provide a new framework...more

2/3/2016 - Article 29 Working Party (WP29) Data Protection EU EU Data Protection Laws EU-US Privacy Shield FTC International Data Transfers Ombudsman Personal Data Safe Harbors

"Banking Regulators Increasingly Assert Jurisdiction Beyond Financial Institutions"

Federal and state banking regulators have broad and largely discretionary supervisory and enforcement powers over the financial institutions they regulate, which include banks and their affiliates. Key regulators in this area...more

1/23/2016 - CFPB Department of Financial Services Dodd-Frank Enforcement Authority FDIC Federal Reserve Financial Regulatory Reform OCC

"Emerging Trends in Privacy and Cybersecurity"

Entering 2016, the relentless stream of cyberattacks continues unabated, having become a "business as usual" reality to which companies must adapt. All companies, regardless of size or industry, are potential targets, and the...more

1/21/2016 - Administrative Authority Class Action Cybersecurity Data Privacy EU EU Data Protection Laws FTC FTC Act General Data Protection Regulation (GDPR) Incident Response Plans Information Sharing Injury-in-Fact LabMD OCIE Privacy Laws Risk Assessment SEC Section 5 Third-Party Release Agrements US-EU Safe Harbor Framework Vendors Wyndham

"Navigating a More Complex Outsourcing Industry With Well-Crafted Agreements"

Outsourcing is once again on the rise, due to three key factors: (1) the increased use of cloud computing to deliver more services at a lower price, (2) a marked increase in the number of midsized, high-quality service...more

1/19/2016 - Cloud Computing Contract Terms Cybersecurity Outsourcing Vendors

Privacy & Cybersecurity Update - November 2015

Consumer Electronics Association Releases Best Practices For Privacy and Security of Personal Wellness Data - In late October 2015, the Consumer Electronics Association released guiding principles governing the...more

11/30/2015 - Actual Injuries CEA Cybersecurity Do Not Track EU Data Protection Laws FCC Financial Services Industry FTC International Data Transfers Privacy Concerns US-EU Safe Harbor Framework

Privacy & Cybersecurity Update - October 2015

In this edition of our Privacy & Cybersecurity Update, we discuss what companies need to know in the wake of the EU Court of Justice's rejection of the U.S.-EU Safe Harbor framework and take a look at the following important...more

11/3/2015 - CISA Cybersecurity Data Protection Data Protection Authority ECPA EU Data Protection Laws International Data Transfers Mobile Apps New Legislation Personal Data Popular Privacy Policy Safe Harbors Schrems v Data Protection Commissioner US-EU Safe Harbor Framework VPPA

"SEC Issues Cybersecurity Initiative"

On September 15, 2015, the U.S. Securities and Exchange Commission (the “SEC”) issued a risk alert release announcing that the Office of Compliance Inspections and Examinations (“OCIE”) will be conducting a new Cybersecurity...more

9/22/2015 - Corporate Governance Cybersecurity Data Breach Incident Response Plans OCIE Risk Alert Risk Assessment SEC SEC Examination Priorities Vendors

Privacy & Cybersecurity Update - August 2015

Third Circuit Affirms FTC’s Authority Over Cybersecurity: In the Wyndham case, the Third Circuit affirmed that the FTC has the authority to regulate cybersecurity under Section 5 of the FTC Act, and that the language of...more

9/2/2015 - Administrative Authority Automobile Recall Brokers Compliance Connected Cars Cyber Insurance Cybersecurity Data Breach Data Collection Data Security FTC FTC v Wyndham Hackers Metadata NSA Privacy Concerns Safe Harbors Section 5 Settlement Target Technology Unfair or Deceptive Trade Practices Visa Inc Wyndham

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