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
6/14/2024
/ Annual Reports ,
Artificial Intelligence ,
Breach Notification Rule ,
Colorado ,
Cybersecurity ,
Data Breach ,
Data Collection ,
Data Protection ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Information Commissioner's Office (ICO) ,
Machine Learning ,
New Legislation ,
NYSE ,
Popular ,
Securities and Exchange Commission (SEC) ,
UK
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
3/29/2024
/ Appeals ,
Artificial Intelligence ,
California Privacy Protection Agency (CPPA) ,
Consent ,
Court of Justice of the European Union (CJEU) ,
Cybersecurity Framework ,
Data Brokers ,
Data Collection ,
European Parliament ,
Federal Trade Commission (FTC) ,
Foreign Adversaries ,
General Data Protection Regulation (GDPR) ,
Popular ,
Sensitive Personal Information ,
Strategic Planning ,
Transparency
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
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
8/23/2023
/ Artificial Intelligence ,
Biometric Information ,
CNIL ,
Cryptocurrency ,
Data Protection ,
Data Protection Impact Assessments (DPIAs) ,
Data Security ,
Data Storage ,
EU ,
General Data Protection Regulation (GDPR) ,
HMRC ,
Information Commissioner's Office (ICO) ,
Popular ,
UK
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
2/3/2023
/ Biden Administration ,
Big Tech ,
California Consumer Privacy Act (CCPA) ,
Cookie Banners ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Protection ,
Department of Justice (DOJ) ,
Enforcement Actions ,
EU ,
European Data Protection Board (EDPB) ,
Extortion ,
FBI ,
Investigations ,
New Legislation ,
New Regulations ,
Popular ,
Privacy Laws ,
Ransomware
This OnPoint summarises and draws together the proposals forming part of the EU’s strategies for data, digital and artificial intelligence. This is the first in a series of Dechert OnPoints that will cover these proposals in...more
8/11/2022
/ Artificial Intelligence ,
Cybersecurity ,
Data Management ,
Digital Marketplace ,
Digital Services ,
EU ,
European Digital Strategy ,
Innovative Technology ,
Internet ,
Online Advertisements ,
Popular
Clearview AI Settles Biometric Data Privacy Suit with ACLU -
On May 9, 2022, Clearview AI, Inc. (“Clearview”) and the American Civil Liberties Union (“ACLU”) announced an agreement to settle a lawsuit involving Clearview...more
5/27/2022
/ American Civil Liberties Union (ACLU) ,
Americans with Disabilities Act (ADA) ,
Artificial Intelligence ,
Biden Administration ,
Biometric Information ,
Clearview AI ,
Cybersecurity ,
Data Collection ,
Data Privacy ,
European Data Protection Board (EDPB) ,
Facial Recognition Technology ,
Malware ,
Managed Service Providers (MSPs) ,
Popular ,
Regulatory Reform
We are delighted by the positive feedback we have received on our first two issues of Dechert Cyber Bits. Thank you for taking the time to send us your comments. In this issue of Cyber Bits, we discuss key developments from...more
11/19/2021
/ Class Action ,
Cybersecurity ,
Data Privacy ,
Data Protection ,
Enforcement Priorities ,
Federal Trade Commission (FTC) ,
General Data Protection Regulation (GDPR) ,
Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) ,
Popular ,
Ransomware ,
Vulnerability Assessments
Introduction -
The European Commission (EC) on April 21, 2021, proposed a regulation establishing a framework and rules (Proposed Regulation) for “trustworthy” Artificial Intelligence (AI) systems. ...more
11/16/2021
/ Algorithms ,
Artificial Intelligence ,
Assessment ,
Biometric Information ,
Critical Infrastructure Sectors ,
Data Management ,
Data Protection ,
EU ,
European Commission ,
General Data Protection Regulation (GDPR) ,
Popular ,
Proposed Regulation ,
Regulatory Agenda ,
Regulatory Reform
The value of the global medicinal cannabis market is projected to reach US$62.7 billion by 2024, with over US$22 billion of that market generated by Europe and an estimated excess of £2 billion likely to be generated in the...more
6/29/2021
/ Cannabis-Related Businesses (CRBs) ,
Financial Conduct Authority (FCA) ,
Investment ,
Investment Funds ,
Investors ,
London Stock Exchange ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
Popular ,
UK
Introduction - The European Commission’s (EC) proposed regulation (Proposed Regulation) for “trustworthy” Artificial Intelligence (AI) systems establishes rules for the development, placement on the EU market, and use of AI....more
The Advocate General (AG) says the standard contractual clauses (SCCs) are valid but, where circumstances in the destination third country mean the SCCs would be breached or impossible to abide by, there is an obligation on...more
12/23/2019
/ Actual or Constructive Knowledge ,
Advocate General ,
Court of Justice of the European Union (CJEU) ,
Data Protection ,
Duty of Care ,
EU-US Privacy Shield ,
European Economic Area (EEA) ,
Exports ,
Facebook ,
General Data Protection Regulation (GDPR) ,
Importers ,
International Data Transfers ,
Personal Liability ,
Personally Identifiable Information ,
Popular ,
Prohibited Transactions ,
Risk Management ,
Schrems I & Schrems II ,
Standard Contractual Clauses ,
Supervisors ,
Trade Suspensions
The UK's Information Commissioner, Elizabeth Denham, has launched a series of blogs designed to “bust some of the myths” which she believes have developed around the EU General Data Protection Regulation (GDPR). Her first...more
8/22/2017
/ Consent ,
Corporate Counsel ,
Data Controller ,
Data Processors ,
Employee Privacy Rights ,
Employer Liability Issues ,
EU ,
Fines ,
General Data Protection Regulation (GDPR) ,
Information Commissioner's Office (ICO) ,
Personal Data ,
Popular ,
UK ,
UK Data Protection Act
The Queen’s Speech on 21 June 2017 confirmed the government’s plans for a new data protection law ensuring "that the United Kingdom retains its world-class regime protecting personal data". ...more
The UK Government yesterday announced that its plans to ratify the Unified Patent Court Agreement (“UPCA”) will not be derailed by Brexit. The UK Minister of State for Intellectual Property, Baroness Neville Rolfe, made the...more
11/29/2016
/ Corporate Counsel ,
EU ,
Life Sciences ,
Patents ,
Pharmaceutical Patents ,
Popular ,
Ratification ,
UK ,
UK Brexit ,
Unified Patent Court ,
Unitary Patent
The Court of Justice of the European Union (CJEU) has blurred the lines between primary and secondary copyright infringement in a decision concerning hyperlinks to leaked photos of a Dutch celebrity’s Playboy photoshoot. For...more
10/26/2016
/ Commercial Use ,
Consent ,
Content Publishing ,
Copyright ,
Copyright Infringement ,
Court of Justice of the European Union (CJEU) ,
EU ,
Freedom of Expression ,
Freely Available Online Content ,
Hyperlink ,
Internet ,
Mens Rea ,
Photographs ,
Playboy ,
Popular ,
Public Communications ,
Rebuttable Presumptions ,
Republication ,
Takedown Notices