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Venable LLP

Key Insights: DOJ's Proposed Rule to Protect Bulk Sensitive Personal Data—What Companies Need to Know

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Earlier this year, the Biden administration issued Executive Order (EO) 14117, which instructed the Department of Justice (DOJ) to create a framework that would prohibit certain data transactions. ...more

Wilson Sonsini Goodrich & Rosati

CFPB Releases Final Open Banking Rules: Key Takeaways for Fintech Companies

On October 22, 2024, the Consumer Financial Protection Bureau (CFPB) announced its long-awaited final rule on “Personal Financial Data Rights” (the Final Rule). The Final Rule implements Section 1033 of the Dodd-Frank Act,...more

Polsinelli

SEC Penalties Relating to Cybersecurity Disclosures

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On October 22, 2024, the Securities and Exchange Commission (“SEC”) charged four current or former publicly traded companies with disseminating materially misleading disclosures regarding cybersecurity risks and actual...more

Carlton Fields

Penn State Settlement Shows Growing Cybersecurity Risks for Schools That Contract With Government Agencies on Sensitive Matters

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Penn State recently agreed to pay $1.25 million to settle allegations of False Claims Act violations related to its cybersecurity controls after a whistleblower alleged that the university failed to adhere to cybersecurity...more

Wiley Rein LLP

Dissenting Commissioners Criticize SEC’s Latest Cybersecurity Disclosure Cases

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Continuing its controversial and aggressive approaches to cybersecurity, the U.S. Securities and Exchange Commission (SEC) recently charged four current and former public companies for purportedly “materially misleading...more

Proskauer - New Media & Technology

CFPB Issues Final “Open Banking” Rule Governing Third Party Use of Consumer Banking Information

After a yearslong lead-up, the Consumer Financial Protection Bureau (CFPB) published its final “open banking” rule in October. The rule effectuates the section of the Consumer Financial Protection Act, which charged the CFPB...more

Eversheds Sutherland (US) LLP

DOJ cracks down on data transfers

Proposed rule would create new prohibitions on transactions of sensitive personal data and government-related data - The Department of Justice (DOJ) has proposed a new rule aimed at preventing access of China and other...more

A&O Shearman

Germany: Immediate dismissal of board member for email forwarding to personal account

A&O Shearman on

During an investigation, it is not uncommon to discover that an individual has forwarded business emails to their private email address. This ruling from the Higher Regional Court Munich shows the potential implications of...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

New Jersey Joins Data Privacy Party - New Jersey Data Protection Act Becomes Effective in January 2025

Signed into law at the beginning of 2024, colloquially known as the New Jersey Data Protection Act (NJDPA), N.J. Stat. § 56:8-166.4 et seq. will go into effect on January 15, 2025, as New Jersey joins eighteen other states...more

Kelley Drye & Warren LLP

AI Alert: CFPB Tightens FCRA Rules for Employers

On October 22, 2024 the Consumer Financial Protection Bureau (CFPB) released the final version of the Personal Financial Data Rights Rule (that we reported about here). However, the CFPB did not rest there, two days later it...more

Paul Hastings LLP

NYDFS Issues AI Industry Letter

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On October 16, 2024, the New York Department of Financial Services (NYDFS) issued an industry letter entitled “Cybersecurity Risks Arising from Artificial Intelligence and Strategies to Combat Related Risks” in response to...more

BakerHostetler

IAPP’s DACH and Luxembourg Joint KnowledgeNet: More Zombie Technologies in Time for Halloween!

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On October 24, the Austria, Berlin, Frankfurt, Hamburg, Leipzig, Luxembourg, Munich, Rhine-Ruhr, Stuttgart and Switzerland IAPP (formerly known as the International Association of Privacy Professionals) KnowledgeNet chapters...more

Hogan Lovells

EDPB Opinion on controller accountability in sub-processing chains

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On 9 October 2024, the European Data Protection Board (EDPB) published its Opinion 22/2024, clarifying the responsibilities of controllers when relying on processors and sub-processors. This guidance emphasizes the importance...more

Pagefreezer

4 Questions Your Compliance Team Will Ask Before Implementing an Enterprise Collaboration Tool

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From access control to data retention, if you are trying implement a new enterprise collaboration or internal chat platform, your compliance team will have critical questions that must be addressed to avoid potential legal...more

Klein Moynihan Turco LLP

California and Massachusetts State Wiretapping Laws – The Similarities and Differences

The California Invasion of Privacy Act (“CIPA”) and the Massachusetts Wiretap Act (“MWA”) are state statutes which prohibit the unlawful recording of communications. As our readers can guess, CIPA and MWA originally were...more

Polsinelli

OFCCP Publishes Notice of New FOIA Request for Certain EEO-1 Reports and Calls for Government Contractor Objections by December 9,...

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On October 29, 2024, the Office of Contract Compliance Programs (“OFCCP”) published a notice in the Federal Register about a request for Type 2 Consolidated EEO-1 Reports (the “Consolidated Reports”) for 2021. (The request is...more

Robinson+Cole Data Privacy + Security Insider

Honeywell Asserts Barcode-Scanning Patents Against Scandit AG

Swiss company Scandit AG created an application called ShelfView, which enables retailers to verify the prices of various products and ensure that associated promotions are correctly updated. The application utilizes barcode...more

Dorsey & Whitney LLP

Justice Proposes to Restrict U.S. Personal Data to Countries of Concern, Including China

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The U.S. Department of Justice (“DOJ”) released a Notice of Proposed Rulemaking (“Proposed Rule”) on October 21 that would prohibit or restrict the transfer of certain data of U.S. persons to China and other countries of...more

Foodman CPAs & Advisors

IRS IP PIN for the 2025 Tax Season

On 10/23/24, the IRS released Notice IR-2024-278 to encourage all taxpayers to sign up for an IRS IP PIN (identity protection personal identification number) to safeguard their identity and help protect against tax-related...more

Carlton Fields

California Privacy Protection Agency Announces Delete Act Enforcement Sweep

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Keeping the season spooky for data brokers, the enforcement division of the California Privacy Protection Agency announced on October 30, 2024, that it is conducting a public investigative sweep of data broker registration...more

Robinson+Cole Data Privacy + Security Insider

Scary Halloween News: Jumpy Pisces Using Play Ransomware to Attack Organizations

Unit 42 recently reported that it has identified “Jumpy Pisces, a North Korean state-sponsored threat group associated with the Reconnaissance General Bureau of the Korean People’s Army, as a key player in a recent ransomware...more

Hogan Lovells

Security Snippets: U.S., Australian regulators release joint Safe Software Development guidance

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The shared Safe Software Deployment guidance calls software manufacturers to implement safe software development programs supported by verified processes including robust testing, rollout, and feedback loops....more

Fox Rothschild LLP

Web Scraping: 16 Data Protection Authorities Say Controllers Need to Protect Their Properties

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Sixteen data protection authorities recently confirmed that controllers must protect their properties from web scraping. And that includes web scraping for the purpose of training AI....more

Cooley LLP

CFPB Finalizes Section 1033 Rule on Personal Financial Data Rights

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On October 22, 2024, the Consumer Financial Protection Bureau (CFPB) released its long-awaited final rule implementing Section 1033 of the Consumer Financial Protection Act (CFPA) concerning personal financial data rights....more

Parker Poe Adams & Bernstein LLP

Consumer Financial Protection Bureau Expresses Concerns About Use of Worker Profiling Data

Most consumers are aware that their personal data is collected, compiled, analyzed, and sold to third parties for marketing and other purposes. Many employees may not know of similar data collection practices relating to...more

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