U.S. Court Axes Most of SEC's SolarWinds Data Breach Suit -
The U.S. District Court for the Southern District of New York recently dismissed much of the U.S. Securities and Exchange Commission’s (“SEC”) suit against...more
8/2/2024
/ Artificial Intelligence ,
Audits ,
Automated Decision Systems (ADS) ,
COPPA ,
Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Dismissals ,
EU ,
EU-US Privacy Shield ,
European Economic Area (EEA) ,
Federal Trade Commission (FTC) ,
General Data Protection Regulation (GDPR) ,
Instant Messaging Apps ,
Misleading Statements ,
Regulation Technical Standards (RTS) ,
Risk Assessment ,
ROSCA ,
Securities and Exchange Commission (SEC) ,
Settlement ,
SolarWinds
Incident Response Plans and Written Information Security Programs Continue to be Essential and Will Need to Be Reviewed. Most sophisticated organizations currently have in place incident response plans. Those organizations...more
7/2/2024
/ Covered Entities ,
Data Breach ,
Gramm-Leach-Blilely Act ,
Incident Response Plans ,
Notification Requirements ,
Personal Information ,
Policies and Procedures ,
Proposed Amendments ,
Recordkeeping Requirements ,
Regulation S-P ,
Securities and Exchange Commission (SEC)
CFPB Director Chopra Emphasizes “Pressing Need” for Data Protections -
On June 12, 2024 and June 13, 2024, Consumer Financial Protection Bureau Director Rohit Chopra appeared before the Senate Banking Committee and the...more
7/1/2024
/ Breach Notification Rule ,
Consumer Financial Protection Bureau (CFPB) ,
Court of Justice of the European Union (CJEU) ,
Data Breach ,
Data Privacy ,
Data Protection ,
Data Security ,
Federal Trade Commission (FTC) ,
Multi-Factor Authentication ,
Personal Data ,
Securities and Exchange Commission (SEC) ,
Settlement ,
State Privacy Laws ,
UK GDPR ,
Vermont
FTC Proposes New Protections to Guard Against AI Impersonations of Individuals -
Amidst growing concerns that emerging technology—including AI-generated deepfakes—threaten to increase the prevalence of impersonation fraud,...more
3/1/2024
/ Anti-Terrorism Financing ,
Artificial Intelligence ,
Cybersecurity ,
Deep Fake ,
EU ,
European Convention on Human Rights ,
Federal Trade Commission (FTC) ,
Human Rights ,
Russia ,
Securities and Exchange Commission (SEC) ,
Terms of Service
President Biden’s recent Executive Order on Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence:
Establishes a federal government-wide effort to mitigate risks of improper AI development and use....more
12/21/2023
/ Artificial Intelligence ,
Biden Administration ,
Consumer Protection Laws ,
Cybersecurity ,
Data Privacy ,
Executive Orders ,
Financial Institutions ,
Financial Services Industry ,
Machine Learning ,
National Security ,
New Guidance ,
NIST ,
Personal Data ,
Reporting Requirements ,
Risk Mitigation ,
Securities and Exchange Commission (SEC)
The California legislature recently adjourned its 2022 session without extending several exemptions from the California Consumer Privacy Act of 2018 (CCPA). As a result, due to the California Privacy Rights Act (CPRA)...more
11/21/2022
/ Asset Management ,
California ,
California Consumer Privacy Act (CCPA) ,
California Privacy Rights Act (CPRA) ,
Carve Out Provisions ,
Data Collection ,
Data Privacy ,
Enforcement ,
Expiration Date ,
Financial Institutions ,
Gramm-Leach-Blilely Act ,
Personal Information ,
Registered Investment Advisors ,
Securities and Exchange Commission (SEC)
On March 9, 2022, the Securities and Exchange Commission (“SEC”) voted three-to-one to propose new and amended rules for public companies that are subject to the reporting requirements of the Securities Exchange Act of 1934...more
3/18/2022
/ Corporate Governance ,
Cybersecurity ,
Data Breach ,
Disclosure Requirements ,
Form 8-K ,
Proposed Amendments ,
Publicly-Traded Companies ,
Regulatory Agenda ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Securities Regulation