Privacy & Cybersecurity Update - December 2014

In This Issue:

- The Critical Takeaway for Every Company From the Sony Cyber Attack

- Sony Data Breach Class Action Complaint Provides Insight Into Cybersecurity Issues

- Reminder: New California Data Protection Laws Went Into Effect January 1

- New Federal Cybersecurity Laws May Create Momentum Toward More Legislation

- NIST to Provide Guidance on Implementing its Cybersecurity Framework

- New York Department of Financial Services Implements New Cybersecurity Examination Procedure

- EU’s Article 29 Working Party Looks to Standardize Review of Model Contract Clauses

- Developments in the Target Lawsuits

- Illinois Federal Court Dismisses Privacy Class Action Against P.F. Chang’s for Lack of Standing

- Excerpt from THE CRITICAL TAKEAWAY FOR EVERY COMPANY FROM THE SONY CYBER ATTACK:

This time last year, media and privacy experts were singularly focused on the cyber attack on Target and the lessons companies could learn from such a major attack. While many companies heeded these lessons, many more viewed the Target incident as inapplicable to their own businesses. In their view, since they did not have a large-scale retail presence or did not collect consumer credit card information, cyber attacks such as the one that hit Target (and many more in 2014) were problems for another industry...

Please see full newsletter below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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