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Data Security Federal Trade Commission (FTC) Hackers

BakerHostetler

We Talkin’ About Security. Or Are We? Another Look at the FTC’s Recent Settlement with Security Firm Verkada

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As we wrote about last week, the Federal Trade Commission (FTC) recently announced that it had entered a proposed settlement with video equipment surveillance company Verkada over the company’s alleged security failures....more

Cozen O'Connor

DOJ and FTC Secure $2.95 Million Settlement for Alleged CAN-SPAM Act Violations

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The U.S. DOJ settled with Verkada Inc., a cloud-based building security company that sells security cameras and other physical security products, to resolve allegations that its data security and email practices violated the...more

Foley & Lardner LLP

National Public Data Hack Exposes Millions: Essential Steps to Safeguard Your Identity and Combat Fraud

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The recent massive data breach at National Public Data (NPD), a background check company, has potentially compromised the personal information of millions, if not billions, of individuals, including their Social Security...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - January 2024 #2

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CYBERSECURITY - SEC’s Hacked X Account Leads to Tumultuous Bitcoin Market - The Securities and Exchange Commission has confirmed that its X account “was compromised, and an unauthorized post was posted.” The SEC...more

Wilson Sonsini Goodrich & Rosati

FTC Amends Safeguard Rule with Requirement for Non-Banking Financial Institutions to Report Data Security Breaches

On October 27, 2023, the Federal Trade Commission (FTC) announced it is amending the Safeguards Rule of the Gramm-Leach-Bliley Act (GLBA) to include a requirement for non-bank financial institutions to report certain data...more

Katten Muchin Rosenman LLP

New FTC Rule Requires Certain Financial Institutions to Report Loss of Unencrypted Customer Data

On October 27, the Federal Trade Commission (FTC or Commission) published a final rule expanding data breach notification requirements for certain financial institutions (Final Rule). Federal Register, will require entities...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - July 2023 - #3

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CYBERSECURITY - SEC Adopts New Cybersecurity Rules for Public Companies - In a 3-2 vote, the Securities and Exchange Commission (SEC) adopted new cybersecurity rules yesterday (July 26, 2023) applicable to public...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2023

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CYBERSECURITY - World Economic Forum’s Global Cybersecurity Outlook for 2023 Is Bleak - Sorry to be the bearer of bad news but remember that I am only the messenger. According to the World Economic Forum’s Global...more

King & Spalding

FTC Signals Increased Enforcement Effort Against Ineffective Data Security Protocols

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With two recent enforcement actions, the Federal Trade Commission (FTC) has shown that administering appropriate data security policies is an area of priority. On October 24, 2022, the FTC announced a Proposed Consent Order...more

Mintz - Privacy & Cybersecurity Viewpoints

“Ding Dong” -- FTC-Drizly Data Breach Settlement Will follow CEO Personally for a Decade

The Federal Trade Commission (“FTC”) announced on Monday that it is settling a case against Drizly and its CEO stemming from a 2020 data breach that impacted roughly 2.5 million consumers. The proposed order not only...more

Ballard Spahr LLP

FTC requires data minimization in Drizly enforcement action

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In a recent enforcement action against online alcohol delivery service Drizly and its CEO, James Rellas, the Federal Trade Commission (FTC) made clear its focus on data minimization and limitations on the secondary uses of...more

Genova Burns LLC

DoorDash Hacker Incident Illustrates Third-Party Vendor Risks and Potential Vulnerabilities

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​​​​​​​Hackers have increasingly focused on third-party vendors as avenues to data held by associated businesses. On August 25, 2022, DoorDash announced that it had experienced a data breach which impacted the personal...more

Dechert LLP

Dechert Cyber Bits - Issue 21

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US Federal Appellate Court Issues Opinion on Proof of Injury in Data Breach Cases - On September 2, 2022, the U.S. Court of Appeals for the Third Circuit reinstated a class action lawsuit that had previously been dismissed...more

Ankura

Ankura Cyber Threat Intelligence Bulletin (January 2022)

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Over the past sixty days, the Ankura Cybersecurity team has worked with clients to solve cybersecurity challenges involving the rampantly exploited Log4Shell vulnerability, recent security changes within Meta (Facebook), and...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - January 2022 #2

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CYBERSECURITY - New Mexico County Recovering from Ransomware Attack - Another day, another governmental entity hit with a ransomware attack. If you are a resident of Bernalillo County, New Mexico, and you need a marriage...more

Dechert LLP

Dechert Cyber Bits - Issue 5

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FTC Announces Regulatory Priorities for 2022 - On December 10, 2021, the Federal Trade Commission (“FTC”) published its Statement of Regulatory Priorities (“Announcement”) for 2022. The FTC’s priorities for the coming year...more

Wilson Sonsini Goodrich & Rosati

2021 Privacy and Cybersecurity Year in Review

FTC Activities in 2021 and Likely Trends for 2022 2021 saw the kickoff of the Khan era at the Federal Trade Commission (FTC). During FTC Chair Lina Khan's first nine months on the job, she has announced privacy and security...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - January 2022

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CYBERSECURITY - FTC Warns Companies of Enforcement for Failing to Patch Log4j Vulnerability - In what I would describe as an unusual but interesting move by the Federal Trade Commission (FTC), on January 4, 2022, it...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - October 2021

In this month’s edition of our Privacy & Cybersecurity Update, we examine the FTC’s changes to the Gramm-Leach-Bliley Act’s Safeguards Rule and the CFPB’s order requiring six tech companies to disclose information regarding...more

Morgan Lewis

How to Prepare for Cybersecurity Incidents and Enforcement Actions

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As financial damages caused by cyberattacks continue to rise, many companies are looking for ways to both prepare for potential risk and respond to an actual incident. ...more

Husch Blackwell LLP

New York’s Investigation Of Dunkin Donuts Results In A Promise To Abide By The SHIELD Act's Requirements

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Key Point: The New York Attorney General’s Office (NYAG) reached a Consent and Stipulation Agreement with Dunkin’ Brands, Inc. (Dunkin), which obligates the company to implement and maintain a comprehensive information...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - January 2020

In this month's edition of our Privacy & Cybersecurity Update, we examine the EU advocate general's decision in Schrems II, a federal court's ruling that an insurer owed coverage for a social engineering loss, the Chinese...more

Seyfarth Shaw LLP

FTC Touts Refined Approach to Data Security Enforcement

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Synopsis: On January 6, 2020, Andrew Smith, director of the Federal Trade Commission’s Bureau of Consumer Protection, outlined in a blog post the agency’s new approach to data security orders. The agency implemented this...more

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

InfoTrax Systems Settles FTC Allegations It Failed to Safeguard Consumer Data

InfoTrax Systems, a Utah-based technology company, has agreed to implement a comprehensive data security program to settle Federal Trade Commission allegations that the company failed to put in place reasonable security...more

Sheppard Mullin Richter & Hampton LLP

FTC and Software Company Reach Security Settlement Over Unfair Practices

The FTC recently settled with Infotrax Systems, L.C. a technology company providing software to the direct sales industry. The settlement followed a breach suffered by the company, and involved allegations the company had...more

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