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Data Security Equifax

Akin Gump Strauss Hauer & Feld LLP

FTC Issues Stern Warning to Companies to Address Known Cybersecurity Vulnerability

The Federal Trade Commission (FTC) issued a surprisingly strong warning to companies that they may face potential regulatory action if they fail to address known vulnerabilities, focusing in particular on the Log4j...more

Benesch

FTC Amends Financial Institution Safeguards Rule Including New Information Security Requirements

Benesch on

The updated rule also includes new exemptions, expands the definition of “financial institution,” and creates new accountability requirements. On October 27th the Federal Trade Commission (“FTC”) adopted and published...more

Foley Hoag LLP - Security, Privacy and the...

The Equifax/Massachusetts Attorney General Consent Judgment: A Guide for Privacy and Security Compliance

What do businesses need to do to comply with privacy and data security laws? The first place to look is to relevant statutes. If you store or process the personal information of Massachusetts residents, then you will at...more

Shook, Hardy & Bacon L.L.P.

Privacy and Data Security Alert l January 2020

States Consider Privacy and Data Security Legislation - It’s that time of year again, when we see a flood of legislative activity at the state level on privacy and data security laws. A couple of recent examples are below....more

Patterson Belknap Webb & Tyler LLP

Court Approves Historic Equifax Data Breach Settlement

The aftermath from one of the largest data breaches in U.S. history is nearing the end, as the presiding judge approved a proposed class action settlement resolving claims arising from Equifax’s September 2017 data breach. ...more

Stoel Rives - Global Privacy & Security Blog®

Recent FTC Enforcement Actions

What the FTC Wants, the FTC (Mostly) Gets - In recent weeks the Federal Trade Commission has been on a tear. As one example, on July 22 it announced a $700 million settlement with Equifax for “the 2017 data breach that...more

Cozen O'Connor

The State AG Report Weekly Update July 2019 # 3

Cozen O'Connor on

Cannabis/Marijuana- Bipartisan Coalition of 37 Attorneys General Submits Comment to FDA Regarding Cannabis Products- The National Association of Attorneys General (“NAAG”) submitted a comment to the U.S. Food and Drug...more

Furia Rubel Communications, Inc.

Cybersecurity: How to Protect Yourself and Your Company

Just recently, Equifax had the largest-ever settlement for a data breach. They are to pay at least $575 million, and potentially as much as $700 million, to settle allegations over its massive 2017 data breach. What we tell...more

Sheppard Mullin Richter & Hampton LLP

Court Finds Cybersecurity-Related Claims Sufficient in Securities Class Action

In the aftermath of Equifax’s data breach, a federal court recently found that allegations of poor cybersecurity coupled with misleading statements supported a proper cause of action. In its decision, the U.S. District Court...more

Patterson Belknap Webb & Tyler LLP

SEC Cyber Briefing: Enforcement Expectations for 2019

In our second installment of a three-part series, we look at the U.S. Securities and Exchange Commission’s cyber-related enforcement actions in 2018....more

Patterson Belknap Webb & Tyler LLP

Equifax Agrees to Data Breach Deal with 8 States

In a consent order with financial regulators from eight states, Equifax Inc. yesterday agreed to put in place a number of basic data security safeguards – apparently lacking until now – to prevent another massive breach....more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - April 2018

In this month's edition of our Privacy & Cybersecurity Update, we examine the EU's General Data Protection Regulation going into effect despite some member states lacking in local necessary legislation, a pair of U.S. states'...more

Goodwin

Massachusetts Case Against Equifax Survives Motion to Dismiss

Goodwin on

On April 2, 2018, the Superior Court of Suffolk County, Massachusetts denied Equifax, Inc.’s motion to dismiss the Commonwealth’s case against it related to the company’s widely publicized 2017 data breach. Although the...more

Foley & Lardner LLP

Cybersecurity Risks to Employee Benefit Plans - Are You Prepared?

Foley & Lardner LLP on

Unless you’ve been living on a remote mountaintop or inside a cave for the past 10 years, chances are good you’ve either been affected by a cybersecurity breach or know someone who has. Among many other businesses, recent...more

Mintz - Privacy & Cybersecurity Viewpoints

Senators Re-Introduce Bill Requiring 30-Day Notification of Company Data Breaches

As we near the end of a year that has seen more than its share of massive data breaches, two bills have been introduced (one re-introduced) in the U.S. Senate....more

McGuireWoods LLP

The New CFPB Consumer Protection Principles

McGuireWoods LLP on

On October 18, 2017, the Consumer Financial Protection Bureau (CFPB) issued a set of Consumer Protection Principles regarding the sharing and aggregation of consumers’ financial data. The timing of the announcement in light...more

Kelley Drye & Warren LLP

Lessons From Equifax – Trends on Data Breach of Employee Information

Kelley Drye & Warren LLP on

The recent Equifax breach data and public missteps in handling the breach has companies revisiting their cybersecurity measures and refreshing their breach response plans. Although not every company has consumer data likely...more

Greenberg Glusker LLP

Equifax Fallout Could Boost Consumers' Shaky Harm Claims

Greenberg Glusker LLP on

Tim Toohey was quoted in Allison Grande’s article that ran in Law360 on October 6, 2017, discussing the Equifax data breach and the congressional hearings in both the Senate and House following the breach. The hearings have...more

Patterson Belknap Webb & Tyler LLP

Equifax Flunked Index Provider’s Cybersecurity Test A Year Ago

A financial index provider foretold the Equifax Inc. data breach more than a year ago, warning that the rating agency “is vulnerable to data theft and security breaches.”...more

Cozen O'Connor

Financial Services Committee Rounds Out Equifax Hearings

Cozen O'Connor on

The House Financial Services Committee this morning rounded out a full week of congressional hearings for former Equifax CEO Richard Smith. Chairman Jeb Hensarling (R-TX) reiterated his earlier calls for national standards...more

Cozen O'Connor

Equifax Hearings Continue On The Hill

Cozen O'Connor on

Former Equifax chief Richard Smith returned to Capitol Hill for a second day of congressional hearings into his company’s data breach, this time appearing before the Senate Banking, Housing, and Urban Affairs Committee. ...more

Patterson Belknap Webb & Tyler LLP

Equifax Mea Culpa: Too Little, Too Late?

Equifax Inc.’s interim CEO, Paulino do Rego Barros Jr., issued the company’s second public apology this morning for the massive data breach that has affected as many as 143 million U.S. consumers....more

Bowditch & Dewey

Equifax Breach: What Can the Hackers Do with Your Information and How Can You Protect Yourself?

Bowditch & Dewey on

The Equifax breach is not the biggest in terms of the number of people affected (the 2016 Yahoo breach compromised data associated with over 500 million user accounts compared to the 143 million people affected by the Equifax...more

Patterson Belknap Webb & Tyler LLP

Equifax Week Two: Hack Headaches Continue

The barrage of bad news for Equifax Inc. keeps getting worse. Here’s a recap of yesterday’s events: ? Mass AG Files Lawsuit – In the first enforcement action filed against Equifax Inc., the Massachusetts Attorney General...more

Perkins Coie

Give Your Customers the Gift of Security

Perkins Coie on

2017 has reminded us that data security threats continue to evolve and that the stakes for companies can be very high if their data security programs fail to evolve as well. Before the recent announcement of Equifax’s...more

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