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Internet of Things and Cybercrime – what risks?

The Internet of Things is expected to lead to 50 billion connected devices by 2020 collecting and exchanging personal data about their users, their lives, their preferences and tastes. This will lead not only to relevant data...more

Spear Phishing Scams Targeting Corporate Executives

The FBI has seen an increase in sophisticated “spear phishing” scams targeting executives across industry sectors. Spear phishing is when a criminal sends an e-mail that appears to be from a trusted source to a specific...more

The Confidential Relationships (Preservation) Law: Confidentiality Legislation in the Cayman Islands

In this guide Harneys considers the scope of the Cayman Islands’ Confidential Relationships (Preservation) Law and the sanctions that apply to contraventions of it. The Cayman Islands government considers the...more

Verizon’s Data Breach Report Reveals The Nine Most Pressing Corporate Security Threats

As April comes to a close, it’s time once again for Verizon Enterprise Solutions’ Data Breach Investigations Report to remind us just how important data security is to the corporate world. Released Wednesday, the report,...more

Cyber Espionage And Insurance Coverage

In the United States alone, it is estimated that the cost of “[c]yber-espionage and other malicious cyber crimes...[i s] between $24 billion and $120 billion annually.” In 2008, the U.S. Department of Defense’s classified...more

Data Protection in Singapore - The Personal Data Protection Act 2012

The Personal Data Protection Act 2012 (Act) was passed by the Singapore Parliament on 15 October 2012 and came into effect in Singapore on 2 January 2013. One major component of the Act was to put in place general data...more

FBI Issues Cyber Attack Warning to Retailers: Is Chip and PIN the Answer?

The FBI’s Warning: Point-of-sale (POS) systems are under attack. In the wake of breaches at Neiman Marcus, Target and other stores over the 2013 holiday season, the FBI is now warning retailers to expect similar cyber...more

Insuring Your Company Against Cyber-Attacks

Earlier this month, the Department of Justice announced the indictment of 13 individuals associated with the hacker organization Anonymous for a widespread scheme to disrupt and shut down commercial and government websites....more

Recent Cases of Interest to Regulators

Investigative Powers - Sazant v. College of Physicians and Surgeons of Ontario, 2013 CanLII 22324 (S.C.C.), dismissing leave to appeal of a decision in 2012 ONCA 727 - In Sazant, a physician faced both criminal...more

New rules on data protection and corporate liability!

Important developments on the companies’ liability for data protection breaches. As you may know, Italian law (so called “Law 231?) provides indeed a regime of criminal corporate liability and sanctions in the event...more

DOJ Announces Five Indictments In Largest Known Data Breach Case

On July 25, the DOJ announced the indictment of five individuals accused of conspiring in a worldwide hacking and data breach scheme that targeted major corporate networks, stole more than 160 million credit card numbers and...more

FCPA Enforcement As A Security Issue And Implications For The Compliance Practitioner

One of the things that has long puzzled me is what led to the significant rise in the enforcement of the Foreign Corrupt Practices Act (FCPA) beginning in the 2003-2004 time frame? ...more

Insurance Coverage for Cyber Attacks

There’s no denying that the present-day Internet, while extraordinary, is increasingly scary. Cyber attacks of various types continue to escalate across the globe. As stated by one recent commentator: “Cybercrime is raging...more

Preventing Corruption While Protecting Personal Information

Multinational businesses are subject to a patchwork of laws of the various jurisdictions in which they operate. Complying with the myriad rules and regulations can be challenging. Compliance obligations vary from one country...more

DOJ Narrows "Carve Out" Practice Regarding Corporate Plea Agreements

Assistant Attorney General Bill Baer in charge of the Department of Justice’s Antitrust Division recently announced changes to the division’s “carve-out practice” regarding corporate plea agreements. The changes aim to...more

The Storm Has Arrived: Cybersecurity, Risks And Response

Every day the headlines report another Fortune 500 company suffering a hacking incident. For companies, the hack itself creates substantial risks of economic devastation caused by the theft of valuable trade secrets. Add to...more

App Law & Privacy

Several recent stories have highlighted the concerns over personal information, privacy and the reach of mobile apps. Once again, the law is labouring to keep up with technology....more

Don't Let a Data Breach Diminish Your Retail Profits This Holiday Season

For the first time, online retail sales exceeded $1 billion on Black Friday and reached nearly $1.5 billion on Cyber Monday this year. Analysts expect this increase in e-commerce to continue, and Forrester Research estimates...more

Federal Lawsuit Outlines Online Banking Procedures By Dan Mitchell

Originally published in MainBiz on November 26, 2012. Last July, the federal First Circuit Court of Appeals issued a first-of-its kind decision regarding the obligations of banks and their commercial customers in...more

SC Business Law Blog- This Ain't Backup (And Maybe Not Storage, Either): SC Supreme Court Considers the Stored Communications Act

The South Carolina Supreme Court recently had occasion to consider the application of the federal Stored Communications Act. Three of the five Justices on the Court issued opinions in the case, underscoring the difficulties...more

$6.8 Million Hacking Loss Covered By Insurance

If your organization suffers a loss as a result of someone hacking into your network, will your insurance policy's computer fraud rider cover the loss? The answer, of course, depends on the language of your policy and the...more

Sixth Circuit Holds Computer Hacking Losses Covered by Insurance

Last month, the U.S. Court of Appeals for the Sixth Circuit affirmed a district court holding that the computer fraud rider to a retailer’s Crime Policy covered losses resulting from the theft of customers’ financial...more

Crime (Policy) Does Pay – Sixth Circuit Holds That Endorsement of Crime Policy Covers Losses from Hacker's Data Breach

Cyber hacking, data breaches and privacy concerns have become commonplace headlines. While not always front page news, one study reported on 1,700 instances of computer hacking, cyber terrorism, and other data breaches in the...more

Rise in Cyber Data Kidnapping: Tips on Protecting Your Data From Being Taken Hostage

As many predicted, cybercriminals continue to increase their targeting of middle-market businesses. These criminals presume - often correctly so - that a small business will have less robust defenses than a Fortune 500...more

Checked your insurance policies lately?

In a ruling that might provide a new path to data breach insurance coverage, DSW Shoe Warehouse, Inc. has prevailed in its attempt to obtain insurance coverage for losses associated with a data breach under a commercial crime...more

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