News & Analysis as of

Data Protection Cybersecurity

Colorado Proposes Cybersecurity Rules for Investment Advisers, Broker-Dealers

by Ballard Spahr LLP on

The Colorado Division of Securities recently issued proposed rules directed at establishing cybersecurity requirements for broker-dealers and investment advisers. The proposed rules were issued only a month after New York...more

GDPR Compliance: The Ticking Time Bomb

by Prosperoware on

General Data Protection Regulation (GDPR) compliance is not an IT exercise. Cyber security represents a huge risk to firms (records breaches increased 556% in 2016, totaling more than 4 billion) and GDPR is an important...more

Colorado Proposes New Cybersecurity Rules For Financial Advisers

by Dentons on

Earlier this month, the Colorado Division of Securities released a set of proposed changes to the Colorado securities laws that would, if adopted, impose strict cybersecurity requirements on investment advisers and...more

[Webinar] Be Compromise Ready: Go Back to the Basics - May 9th, 12:00pm EDT

by BakerHostetler on

Cyber threats are here to stay. No company, large or small, is immune. But there are basic measures you can take to prepare for the legal and business risks associated with an attack....more

Security Breach Notification Becomes More Complex For Employers

by Littler on

With new and sophisticated schemes perpetrated by hackers and scammers, and sensitive personal information becoming increasingly accessible to numerous insiders, it is only a matter of time before most employers will be...more

FTC resolves allegations against three U.S. based companies involving misrepresentations of International Privacy Program...

Privacy laws in Asia-Pacific countries such as Japan, Australia, New Zealand and Singapore restrict the export of personal information except when the exporter meets certain qualifying conditions. One qualifying condition is...more

New Mexico becomes 48th state to enact data breach notification law

by Ballard Spahr LLP on

New Mexico recently became the 48th state to enact a data breach notification law. This continues the accelerated pace of state data breach legislative activity in the last two years. Since 2015, at least 41 states have...more

ACC Issues Data Security Guidelines for In-House Counsel to Evaluate Law Firms

The Association of Corporate Counsel (ACC) has issued its first-ever data security guidelines, which outline basic data security measures that in-house counsel can use to evaluate their outside counsel....more

Counsel To Counsel: A Law Firm GC's Data Protection Duties

by WilmerHale on

Many law firms now have a designated general counsel, or a group of counsel, tasked with managing myriad legal matters for the firm. What are some top-of-mind priorities for these GCs today as they strive to keep their firms...more

China's draft data localisation measures open for comment

by Hogan Lovells on

On 11 April 2017 the Cyberspace Administration of China published a circular calling for comments on its draft Security Assessment for Personal Information and Important Data Transmitted Outside of the People’s Republic of...more

Data Privacy and Security Legal Reform, and Plaintiffs’ Bar White Paper the Focus of IAPP Panel

by Reed Smith on

A panel on legal reform in the area of privacy and data security at this week’s IAPP Summit provided an opportunity for a discussion between businesses and regulators, as well as for the launch of a white paper on the...more

Deeper Dive: Protecting Paper Records

by BakerHostetler on

Our third annual BakerHostetler Data Security Incident Response Report analyzes the more than 450 data security incidents we led clients through in 2016, and includes a number of interesting trends relating to the causes of...more

Breach Notification Update: New Mexico becomes the 48th State Requiring Breach Notification and Tennessee Adds a Safe Harbor for...

by Sedgwick LLP on

As the frequency of data breaches continues, so do legislative developments on notification requirements that must be met in the event of a breach of Personally Identifiable Information (PII). Even as of now, not every state...more

New Mexico Enacts Data Breach Notification Act (Updated)

by Jackson Lewis P.C. on

New Mexico has become the 48th state to enact a data breach notification law requiring that individuals be notified of security breaches of information involving personal identifying information. Governor Susana Martinez...more

Deeper Dive: Frequency and Severity

by BakerHostetler on

All industries are affected by cyberattacks, but how often and to what extent they occur vary greatly by industry type. As for frequency, the healthcare industry in 2016, for the third year in a row, saw the greatest...more

Be Compromise Ready: Go Back to the Basics

by BakerHostetler on

We are excited to release our third annual BakerHostetler Data Security Incident Response Report. This report analyzes the more than 450 data security incidents we led clients through in 2016. Companies continued to...more

Federal Contractors Beware - DHS Proposes Robust Cybersecurity Procurement Regulation to Safeguard Controlled Unclassified...

First and foremost, the proposed Department of Homeland Security (DHS) regulation to safeguard CUI is internally inconsistent or at the very least ambiguous. It appears to conflate the protection of CUI on a federal...more

April Showers Bring Mass Mods: New GSA Schedule Refresh and Mass Modification

by Bass, Berry & Sims PLC on

Later this month, the GSA will issue a refresh to all GSA Multiple Award Schedules (MAS) to incorporate new provisions and clause updates. Even if you are already a GSA Schedule holder, keep reading – a bilateral modification...more

OCR Urges Covered Entities and Business Associates to Use HTTPS

New guidance from the Office for Civil Rights (OCR) urges covered entities and business associates to use Secure Hypertext Transport Protocol (HTTPS) to protect communications from vulnerabilities. According to OCR, the...more

4 Key Takeaways: All the Crime We Cannot See

Kilpatrick Townsend Partner Audra Dial recently served as moderator on a prestigious panel at the American Bar Association’s 32nd Annual Intellectual Property Law Conference (IPL Spring) in Arlington, Virginia. The panel,...more

Alert: New York Wants Its Cybersecurity Regulation to Reach Nationwide

by Cooley LLP on

On April 9, 2017, Maria Vullo, the New York Department of Financial Services (NYDFS) superintendent, pronounced to state insurance commissioners that New York's new cybersecurity regulation could be the model for other...more

Regulators Demand Third-Party Risk Management

by Carlton Fields on

While third-party risk management has been a required component of an effective enterprise risk management program for many years, the topic is receiving elevated attention at insurance companies and related businesses....more

Asia Pacific Data Protection and Cyber Security Guide 2017

by Hogan Lovells on

2016 was an eventful year in the Asia-Pacific region, as data protection and cyber security issues increasingly feature in the news headlines in the Asia-Pacific region as they do elsewhere, our annual publication, the 2017...more

New York’s Cyber Regulation: A National Blueprint?

New York’s top banking regulator would like the state’s new sweeping – and highly detailed – cybersecurity regulation to serve as a national model for insurance companies in safeguarding their institutions from cybercrime....more

FinTech – A digital single market for the European financial sector?

by Hogan Lovells on

FinTech remains the megatrend of the European financial services industry. According to a KPMG survey, about US$36.6bn has been invested in European FinTech companies between 2010 and 2016. Key players from venture...more

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Cybersecurity

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