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APRA Releases Prudential Practice Guide On Managing Data Risk

The Australian Prudential Regulation Authority ("APRA") has issued the final version of its new prudential practice guide, "Prudential Practice Guide CPG 235 - Managing Data Risk" ("Data Guide"). The Data Guide aims to assist...more

Vermont and North Dakota Amend Breach-Notice Laws

On May 13, 2013, Vermont Governor Peter Shumlin signed H.513 into law. The new law includes an amendment to Vermont’s Security Breach Notice Act, 9 V.S.A. § 2435. Previously, under § 2435, Vermont-regulated financial...more

Legal Alert: New York Department of Financial Services Issues 308 Request on Cyber Threats

On May 28, 2013, the New York State Department of Financial Services (DFS) sent inquiries to 31 of the largest life, health and property/casualty insurance companies pursuant to its authority under Section 308 of the New York...more

New York Investigates Insurance Companies’ Cyber Security

On May 28, New York Governor Andrew Cuomo announced an inquiry into the measures employed by insurance companies to protect their customers and companies from cyber threats....more

Under the Dome: Inside the Maine State House Marsch 1, 2013

Under the Dome: Inside the Maine State House is a weekly update that provides a high-level overview of recent activity at the Maine State House. If you would like more specific information regarding an item in this newsletter...more

Importance Of Procuring Cybersecurity Insurance Coverage

Originally published in Law360, New York (June 29, 2012, 1:04 PM ET) The recent data breach at Global Payments Inc., which has contracts to handle the processing of credit and debit card transactions, has again focused...more

Recent Credit Card Data Breach Once Again Demonstrates Need for Insurance Coverage

The recent data breach at Global Payments Inc., which has contracts to handle the processing of credit and debit card transactions, has again focused attention on the significant risk associated with storing or transmitting...more

Insight on Estate Planning - February/March 2012

In This Issue: - Does your trust need a protector? - Privacy, please! Keep family matters out of the public eye by avoiding probate - Consider a “stretch” to maximize and preserve IRA benefits - Estate Planning...more

Five Credit Counseling Compliance Tips and Best Practices for the New Year

With the start of the New Year, it's time for credit counseling agencies to think about ways to enhance legal and regulatory compliance. Here are some tips on topics that you may not know about. 1. Reduce the Threat of...more

InfoBytes, June 11, 2010 - Weekly In-depth review of news & developments in the financial services industry

Topics In This Issue • Federal Issues • State Issues • Courts • Firm News • Mortgages • Banking • Consumer Finance • Securities • Insurance • Litigation • Privacy/Data Security • Credit...more

Two New California Supreme Court Decisions Will Impact Landscape of Class Action Litigation Against Retailers

The California Supreme Court recently has issued two decisions that will require many retailers to change their business practices and litigation strategies immediately. As of Today, Retailers Prohibited From Requesting...more

FSA Fines Zurich Insurance for Loss of Customer Details

On August 24, the UK Financial Services Authority (FSA) announced that it had fined the UK branch of Irish company Zurich Insurance Plc (Zurich UK) £2.275 million (approximately $3.5 million) after 46,000 customers’...more

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