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Cybersecurity

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 -

Coast Guard, DHS Mandate Cybersecurity Reporting, Move to Require Maritime Cybersecurity Programs - Trump Administration, Congress...

by Holland & Knight LLP on

Cybersecurity risks to the nation's critical infrastructure (CI) – defined as 17 CI sectors, including the transportation and maritime sector – continue to grow exponentially. The U.S. government and Department of Homeland...more

Case Update: In Consumer Data Breach Case, Eleventh Circuit Indicates Concern over Scope of FTC’s Enforcement Actions

by Dorsey & Whitney LLP on

On June 21, 2017, the Eleventh Circuit Court of Appeals heard oral argument in LabMD, Inc. v. FTC, Case No. 16-16270, a case that is being carefully watched to see if it will clarify the limits of the Federal Trade...more

Privacy Tip #97 – Send Your Kid to Cyber Camp This Summer

I have lamented repeatedly that we have a dearth of cyber talent in the U.S. to meet the needs of employers. Many of our clients recruit talent from other countries in order to meet their cyber needs. The need continues to...more

Ashley Madison Settles Data Breach Case for $11.2M

Ashley Madison, which suffered a data breach in 2015 involving the loss of 37 million users’ personal and financial information, has settled the suit for $11.2 million....more

Lessons From the CoinDash Initial Coin Offering Hack

On July 17, 2017, the CoinDash initial coin offering (ICO) was hacked within minutes of its launch, resulting in numerous potential purchasers sending their money to a fraudulent address. The hack has raised many questions...more

Financial Services Weekly News - July 2017 #2

by Goodwin on

Editor's Note - In This Issue. After making a splash with the finalized version of its Arbitration Rule, the Consumer Financial Protection Bureau (CFPB) proposed temporary adjustments to the reporting requirements for...more

SEC Chairman Clayton Talks Cyber Threats And Responses

by King & Spalding on

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

New Guidance Issued by EU Data Protection Regulators – Does Your Organization Use Social Media During Recruitment?

by McGuireWoods LLP on

The Article 29 Data Protection Working Party (comprising representatives from the data protection regulators in each EU Member State, the European Data Protection Supervisor and the European Commission) has issued an opinion...more

Cyber Law Tracker: New Connecticut Cybersecurity Strategy

by Pullman & Comley, LLC on

As its next step in the creation and implementation of a cybersecurity plan, the State of Connecticut has created a Cybersecurity Strategy document. This strategy specifically highlights the roles and vulnerabilities of state...more

Three big questions about AI in financial services

by White & Case LLP on

To ride the rising wave of AI, financial services companies will have to navigate evolving standards, regulations and risk dynamics—particularly regarding data rights, algorithmic accountability and cybersecurity....more

What To Look For In Strong Computer Fraud & Social Engineering Insurance

by GB&A Insurance on

Cyber security has been the talk of the town for quite a while now. Organizations today flooded with statistics and mentions of the importance of proper security measures and cyber liability programs. Some companies...more

National Association of Corporate Directors Updates Cyber-Risk Oversight Handbook

by Hogan Lovells on

Earlier this year, the National Association of Corporate Directors (NACD) released an updated version of its Director’s Handbook on Cyber-Risk Oversight (Handbook). The updates add 16 pages of content to the previously...more

New General Data Protection Regulations in European Union Has Cybersecurity Consequences

by Bennett Jones LLP on

The European Union’s General Data Protection Regulation (GDPR) will come into force on May 25, 2018. This new regulation replaces the current data protection law (Directive 95/46/EC) substantially and will bring important...more

President Trump Changes Course On Joint “Cyber Security Unit” With Russia

by King & Spalding on

On Sunday, July 9, 2017, coming out of the G20 Summit during which President Trump had met with Russian President Vladimir Putin for over two hours, Trump tweeted that he and Putin “discussed forming an impenetrable Cyber...more

Delaware Healthcare Industry Update - July 2017

by Morris James LLP on

Budget Impasse Leads to Health Cuts & “Sin” Taxes - By 1:30 a.m. on July 3rd, the Governor had signed a budget. It included litany of cuts, including several in healthcare. Public health programs were cut 10%, including...more

Buyout Firms Must Take Action to Respond to Global Cyber Threats

by Latham & Watkins LLP on

Cybercrime has become a critical issue for buyout firms as hackers are increasingly targeting sensitive business data to profit from insider knowledge. According to a Private Funds Management survey of 91 PE houses, 54% of PE...more

Cyber Threats Equal Serious Threats

by Burr & Forman on

Every where you look these days, there seems to be another report of a cyber attack--attacks which do not discriminate based on industry type, size of business, or impact. In other words, everyone is vulnerable. In fact, the...more

Cybersecurity Issues of Self-Driving Vehicles

by Bryan Cave on

In the next five years we will see more and more self-driving vehicles, or autonomous vehicles, hit the market. An “autonomous vehicle” is a vehicle capable of navigating roadways and interpreting traffic-control devices...more

Hurricane Cyber? Insurers Confront Unpredictable Data Breach Costs

by Fox Rothschild LLP on

Venerable insurer Lloyd’s of London says a global cyber attack on a major provider of cloud services could carry costs of up to $53 billion, reports Data Breach Today. That’s a hefty price tag that explains the rising...more

NYDFS Updates FAQs to Clarify Cybersecurity Regulations

by Ballard Spahr LLP on

The New York Department of Financial Services (NYDFS) recently updated frequently asked questions (FAQs) about its cybersecurity regulations, 23 NYCRR 500, to address four new issues. NYDFS published its initial set of FAQs...more

A Federal Cyber Security Law Coming Your Way?

by Miles & Stockbridge P.C. on

On Thursday, June 29, 2017, Sens. Hatch and Markey introduced the “Promoting Good Cyber Hygiene Act” that would direct the National Institute of Standards and Technology (NIST) to establish a set of baseline voluntary best...more

Federal Tax Treatment of Employer-Provided Identity Protection Services

In the wake of several recent high-profile security breaches, employers are increasingly viewing identity theft protection as an essential employee benefit for employees. According to Willis Towers Watson’s 2016 voluntary...more

China Drafts Legislative Rules Regarding Cross-border Data Transfers

by Morgan Lewis on

The draft legislation provides further guidance on the regulations provided in the recent cybersecurity law, including definitions and details on the security assessments required for cross-border data transfers....more

National Cyber Security Alert

by Clark Hill PLC on

The continuing increase of cyber-crime and the almost daily reports of hacking attacks against businesses, government agencies, and citizens highlight the persistence of this escalating national security and corporate threat....more

FTC, NHTSA Discuss Balancing Data Privacy, Security and Innovation with 'Regulatory Humility' at Connected Cars Workshop

by Reed Smith on

Federal Trade Commission (FTC) Acting Chair Maureen Ohlhausen advocated for “regulatory humility” in FTC’s approach to automated vehicles in Washington, D.C., on June 28, 2017, at the Connected Cars workshop hosted by the FTC...more

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Cybersecurity

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