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Dechert Cyber Bits - Issue 60

New BIPA Ruling: Dismissal of Claims Against Samsung Over its Face App Data - On July 24, 2024, a federal judge in Illinois dismissed the case GT v. Samsung Electronics America, Inc., in which a putative class of Samsung...more

Dechert Cyber Bits - Issue 59

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

Dechert Cyber Bits - Issues 57

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

Dechert Cyber Bits - Issue 56

SEC Fines the New York Stock Exchange’s Parent Company $10 million for Failure to Promptly Notify Its Subsidiaries of Cybersecurity Breach - On May 22, 2024, the Securities and Exchange Commission (“SEC”) imposed a $10...more

Dechert Cyber Bits - Issue 54

European Data Protection Board Publishes Strategy for 2024-27 - The European Data Protection Board (“EDPB” - the EU body tasked with promoting consistency and cooperation in enforcement of the GDPR) has outlined its...more

Dechert Cyber Bits - Issue 52

European Parliament Approves EU AI Act - On March 13, 2024, the European Parliament approved the EU Artificial Intelligence Act (“AI Act”). A first of its kind legal framework for AI, the AI Act has extraterritorial effect,...more

Dechert Cyber Bits - Issue 51

Biden Administration Issues Executive Order Restricting Bulk Transfers of U.S. Citizens' Personal Data to “Countries of Concern” - On February 28, 2024, President Biden issued an Executive Order (“EO”) to address the...more

Dechert Cyber Bits - Key Developments in Privacy & Cybersecurity - Issue 50

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

Dechert Cyber Bits - Key Developments in Privacy & Cybersecurity - Issue 49

FTC Announces Proposed Settlement with Software Provider to Settle Allegations that its Inadequate Security Safeguards Led to Cyberattack - On February 1, 2024, the Federal Trade Commission (“FTC”) announced a proposed...more

Dechert Cyber Bits - Key Developments in Privacy & Cybersecurity - Issue 48

FTC Announces Proposed Settlement with Data Aggregator over its Alleged Selling of Precise Location Data - The Federal Trade Commission (“FTC”), on January 18, 2024, announced a proposed settlement with InMarket Media...more

Dechert Cyber Bits - Key Developments in Privacy & Cybersecurity - Issue 47

FTC Settles with Rite Aid on its Use of AI and Processing of Biometric Information - The Federal Trade Commission (“FTC”), on December 19, 2023, announced that it had reached a settlement with Rite Aid Corporation (“Rite...more

Dechert Cyber Bits - Key Developments in Privacy & Cybersecurity - Issue 46

EU AI Act: Political Agreement Reached on Terms of Landmark Legislation - Negotiators for the European Council and the European Parliament have reached political agreement on the provisions of the EU Artificial...more

Tribunal Overturns UK ICO’s Enforcement Action Against Clearview AI

Clearview AI was issued with an enforcement action including a fine of around £7.5million and an order to delete certain data by the ICO for breaches of the UK GDPR in relation to its facial recognition data. The Tribunal...more

Bridge Over Troubled Data Flows: UK-US Data Bridge Approved

The UK has approved the UK-U.S. Data Bridge facilitating flows of personal data to U.S. entities that have self-certified to the EU-U.S. Data Privacy Framework (‘DPF’), provided that those entities extend their DPF...more

Dechert Cyber Bits - Issue 40

FTC Settles with Experian for Alleged Customer Spamming - On August 14, 2023, the Federal Trade Commission (“FTC”) announced a proposed settlement involving Experian Consumer Services (“Experian”). A federal court entered...more

UK Data Regulator Joins Scrutiny of WorldCoin

WorldCoin is a cryptocurrency project which uses iris scanning technology to issue a “World ID” as a digital identifier. Privacy concerns over WorldCoin have been voiced by several data protection authorities worldwide....more

Navigating the EU AI Act: Implications for Financial Institutions

EU institutions are aiming to reach an agreement on the final form AI Act through ongoing trilogue negotiations by the end of 2023. The AI Act takes a risk-based approach and categorises AI systems into four risk levels:...more

Ready. Set. Flow: Green Light from the Commission for EU-U.S. Data Privacy Framework

On 10 July 2023, the European Commission announced a major development1 in EU-U.S. personal data transfer relations by adopting a long-anticipated adequacy decision2 for the EU-U.S. Data Privacy Framework (“DPF”). The...more

Dechert Cyber Bits - Issue 32

Proposed EU-US Data Transfer Agreement Continues to Face Obstacles in Parliament - As we reported in Issue 29 of Cyber Bits, the European Parliament Committee on Civil Liberties, Justice and Home Affairs (the “EP...more

Dechert Cyber Bits - Issue 29

The Proposed EU-U.S. Data Privacy Framework Faces Potential Obstacles - On February 14, 2023, the European Parliament Committee on Civil Liberties, Justice and Home Affairs (the “EP Committee”) released a draft opinion...more

EU Data and Digital Drive: 10 Things to Know About the Digital Services Act

A key pillar of the EU’s overhaul of the digital economy, the Digital Services Act (“DSA”), aims to harmonise rules for online intermediaries. It includes numerous new obligations for those businesses in scope which scale up...more

Dechert Cyber Bits - Issue 27

FBI Seizes Hive Ransomware Servers—Blocks US$130 Million in Demanded Ransoms - On January 26, Attorney General Merrick Garland announced that the Department of Justice dismantled the “Hive” ransomware group, which had...more

The EU – U.S. Data Privacy Framework: Hold the Champagne

On October 7, 2022, President Biden signed an Executive Order on Enhancing Safeguards for United States Signals Intelligence Activities (“EO”). The EO lays ground for the long-awaited successor to the EU-U.S. Privacy...more

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