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Cybersecurity › GLBA Privacy

Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk... more +
Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk management, global regulations, data protection, leaks, hacking, cyber insurance, compliance, HIPAA, and every other aspect of cybersecurity of import to corporate readers right now.   less -
Orrick, Herrington & Sutcliffe LLP

FTC’s Safeguards Rule notification requirement under GLBA now in effect

Orrick, Herrington & Sutcliffe LLP on

On May 14, the FTC published a business blog post announcing the Safeguards Rule, an amendment to the GLBA, is in effect as of May 13. The Safeguards Rule applies to financial institutions subject to the FTC’s jurisdiction...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 31: The Road Ahead for Financial Services Data Privacy Regulation

Orrick, Herrington & Sutcliffe LLP on

Orrick Partner Beth McGinn joins RegFi co-hosts Jerry Buckley and Sasha Leonhardt for our second episode focused on the proposed American Privacy Rights Act and its potential impact on the financial services industry. Beth...more

McCarter & English, LLP

Are You Ready? How CCPA-Regulated Businesses Can Plan for Compliance with California’s Forthcoming Cybersecurity Regulations

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The California Privacy Protection Agency (CPPA) released initial draft regulations for cybersecurity audits (which have since been amended) and risk assessments late this summer. The agency’s board of directors addressed the...more

Paul Hastings LLP

Preparing for New State Privacy Laws in 2024

Paul Hastings LLP on

As we enter into the final few months of the year, it is important for companies operating in the United States to not only assess the implementation of the compliance requirements for the four new comprehensive state privacy...more

Levenfeld Pearlstein, LLC

The Crucial Role of U.S. Privacy Laws on Unregulated Generative AI

Levenfeld Pearlstein, LLC on

Generative Artificial Intelligence (AI) systems like ChatGPT and Google’s Bard have been widely successful and used in applications ranging from science, law, art, business, and even medicine. Generative AI has been called a...more

Pillsbury Winthrop Shaw Pittman LLP

Data Privacy: What Nonprofits Need to Know in the United States, EU and UK, and China

Pillsbury Winthrop Shaw Pittman LLP on

From long-standing laws to incoming legislation, global nonprofits must understand the requirements and prepare for scrutiny in their handling of personal data. U.S. privacy regulations are currently a complex framework of...more

Davis Wright Tremaine LLP

REMINDER: Compliance Deadline for FTC's GLBA Safeguards Rule Is Around the Corner

Davis Wright Tremaine LLP on

A reminder to non-bank financial institutions subject to the Gramm-Leach-Bliley Act (GLBA): the deadline to comply with the Federal Trade Commission's (FTC) revised Standards for Safeguarding Customer Information, commonly...more

Mintz - Privacy & Cybersecurity Viewpoints

Mintz May Madness: Comprehensive Data Privacy Laws Sweeping the Nation

Mintz - Privacy & Cybersecurity Viewpoints on

Indiana's New Law is on the Books - Last month, three more state legislatures passed comprehensive data privacy laws. Just this week, Indiana’s governor signed one of them - the Indiana Consumer Data Privacy Act (“ICDPA’) -...more

Wiley Rein LLP

Is Federal Cyber Policy About to Make a U-Turn? Notes from #CES Suggest It Might.

Wiley Rein LLP on

For years, federal cyber policy has been based on successful public-private partnerships, collaboration, and the promotion of voluntary standards that can be tailored to sector and organization-specific risk and needs....more

HaystackID

[Webcast Transcript] The State of US Privacy Law: What to Expect in 2023 and Beyond

HaystackID on

Editor’s Note: On September 29, 2022, HaystackID shared an educational webcast on the topic of US privacy law. As privacy continues to move to the forefront of not only information consideration but of business concern for...more

Nelson Mullins Riley & Scarborough LLP

CFPB Scrutinizes Inadequate Data Protection Measures

Nelson Mullins Riley & Scarborough LLP on

The Consumer Financial Protection Bureau (“CFPB”) recently issued Consumer Financial Protection Circular 2022-04, confirming its increased focus on financial companies that violate federal consumer financial protection law...more

Fox Rothschild LLP

U.S. Chamber Opposes FTC Rulemaking on Data Privacy

Fox Rothschild LLP on

In public comments during the Federal Trade Commission’s (FTC) data privacy rulemaking open forum, a senior U.S. Chamber of Commerce came out against the agency making broad rules on data privacy....more

Bilzin Sumberg

Celebrating National Data Privacy Day by Noting Recent Developments in the Law

Bilzin Sumberg on

Today (January 28, 2022), is National Data Privacy Day.  While not a day of celebration with cards or gifts, the day does provide an opportunity to check in on the developments in consumer data privacy across the United...more

Bradley Arant Boult Cummings LLP

FTC Finalizes Updated Safeguards Rule Under GLBA to Dramatically Expand Data Security Requirements and Scope of Rule

Bradley Arant Boult Cummings LLP on

Until now, companies primarily regulated by the Federal Trade Commission (FTC) were given only vague directives to implement systems sufficient to safeguard customer data, coupled with FTC “recommendations” as to best...more

Fox Rothschild LLP

To Avoid Punitive Damages for a Data Breach in Connecticut, You Need to Try

Fox Rothschild LLP on

In Connecticut, if you adopt and maintain and comply with written cybersecurity program that contains administrative, technical and physical safeguards for the protection of personal or restricted information and that...more

Troutman Pepper

Connecticut Passes Stronger Data Breach Notification and Cybersecurity Liability Statutes

Troutman Pepper on

Introduction - The Connecticut legislature recently enacted a pair of new data breach and cybersecurity statutes — Public Act 21-59 and Public Act 21-119 — on June 16 and July 6, respectively. Both laws will take effect on...more

Mintz - Privacy & Cybersecurity Viewpoints

Changes in Connecticut’s Data Privacy Laws – But Not As Drastic As It Could Have Been

Mintz - Privacy & Cybersecurity Viewpoints on

At the close of Connecticut’s 2021 legislative session, a pair of data protection/cybersecurity related bills made their way to Governor Ned Lamont’s desk, while a CCPA-like omnibus privacy law falling one floor vote short. ...more

Lowenstein Sandler LLP

States’ Safe Harbor Defense For Data Security Breaches Signals Possible Trend

Lowenstein Sandler LLP on

We are now seeing a potential trend where states are incentivizing companies through the creation of safe harbors to improve their cybersecurity posture, instead of penalizing them after a breach of personal information. Utah...more

Husch Blackwell LLP

Utah Gets A New Data Breach Defense Law

Husch Blackwell LLP on

Keypoint: New Utah law creates incentive for businesses to develop and implement a written cybersecurity program to protect themselves against data breach lawsuits. On March 11, 2021, Utah governor Spencer Cox signed the...more

Husch Blackwell LLP

Oklahoma House Passes Computer Data Privacy Act

Husch Blackwell LLP on

Keypoint: Although weakened from its original version, the Oklahoma bill would (if enacted) provide substantial privacy rights to Oklahoma residents and, in some respects, provide more privacy protections than found in the...more

Mintz - Privacy & Cybersecurity Viewpoints

Vendor Management Fail: FTC Settles with Mortgage Analytics Company following Vendor Security Issues

Mintz - Privacy & Cybersecurity Viewpoints on

An oft-used business management concept is to “hire people smarter than you.” The concept also applies to hiring vendors – hire vendors that are better than you (especially when it comes to information security). ...more

Bradley Arant Boult Cummings LLP

Privacy Litigation Updates for the Financial Services Sector: Yodlee and Envestnet Sued for Data Disclosure and Processing...

Bradley Arant Boult Cummings LLP on

Consumers are more aware than ever of data privacy and security issues. As technology develops, vast quantities of data are collected on individuals every minute of every day. Customers trust their institutions to keep the...more

Sheppard Mullin Richter & Hampton LLP

2020 In Review: Ongoing Enforcement Actions and a Patchwork of Privacy Laws

Sheppard Mullin Richter & Hampton LLP on

Throughout 2020 we saw many enforcement actions brought by EU and U.S. regulators. Whether for allegations of deception (misleading privacy representations) or unfairness (failure to protect information), COVID did not appear...more

WilmerHale

Federal Financial Regulators Propose Requiring Banks Report Cyber Incidents Within 36 Hours

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On December 17, 2020, the Office of the Comptroller of the Currency, Treasury (OCC); the Federal Reserve; and the Federal Deposit Insurance Corporation (FDIC) issued a Notice of Proposed Rulemaking that would require...more

Fox Rothschild LLP

CCPA Regulations: To Whom Does The Gramm Leach Bliley Carve-Out Apply?

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Comments to the final California Consumer Privacy Act regulations asked if the CCPA carve-out regarding the Gramm Leach Bliley Act (GLBA), the data protection law governing US financial institutions, applies to: ...more

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