News & Analysis as of September 24, 2024

Cybersecurity

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Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk... more +

Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk management, global regulations, data protection, leaks, hacking, cyber insurance, compliance, HIPAA, and every other aspect of cybersecurity of import to corporate readers right now. less -

Navigating the NY DFS Cybersecurity Amendments: A Timeline for 2024 Through 2025

Ankura on 9/24/2024

In December 2023, the New York Department of Financial Services (NY DFS) issued amendments to the cybersecurity requirements, originally adopted in 2017, which include expanded control requirements and stricter reporting...more

The EU’s Digital Operational Resilience Act 2022/2554 (DORA)

BCLP on 9/23/2024

Long IT sub-contracting chains can make it hard for financial institutions to understand the vulnerabilities in their IT estate and the location of key functions (where these may be located in entities who do not have a...more

German Data Protection Authorities on Asset Deals: Restrictions on Data Transfers Under GDPR

Morgan Lewis on 9/23/2024

The German Data Protection Conference (DSK) on September 11, 2024 published guidance on asset deals (the Guidelines) that distinguishes between various stages of a sale process and the relevant personal data that can be...more

Why Executive Teams Should Prepare for the Cybersecurity and Fraud Risks of Deepfakes

Epstein Becker & Green on 9/23/2024

The widespread availability of Artificial Intelligence (AI) tools has enabled the growing use of “deepfakes,” whereby the human voice and likeness can be replicated seamlessly such that impersonations are impossible to detect...more

Cybersecurity Form 8-Ks: Corp Fin’s Interesting Comment Letter Process

Cooley LLP on 9/23/2024

We’ve known for some time that Corp Fin is reviewing Form 8-Ks filed after a company experiences a cybersecurity incident – including whether those 8-Ks should be filed under Item 1.05 or Item 8.01. These reviews have...more

Right To Know - September 2024, Vol. 21

Clark Hill PLC on 9/23/2024

Cyber, Privacy, and Technology Report - Welcome to your monthly rundown of all things cyber, privacy, and technology, where we highlight all the happenings you may have missed....more

Healthcare Authority Newsletter - September 2024 #2

Arnall Golden Gregory LLP on 9/23/2024

News Briefs - Licensure Compact Aims to Allow PAs to Practice in Other States - By 2028, the nation as a whole will be short some 100,000 critical health care workers, according to a new report....more

Ransomware Activity Trends in Q2 2024

Alston & Bird on 9/20/2024

Ransomware attacks are hitting record highs in 2024 and show no sign of slowing down as new criminal groups enter the scene and employ a variety of evolving tactics. This post identifies key highlights of ransomware activity...more

The Health Sector Cybersecurity Coordination Center’s September 19 Threat Briefing on Healthcare Technology Security

Foley Hoag LLP - Security, Privacy and the... on 9/20/2024

As healthcare technology continues to evolve, so does the need for robust compliance strategies to safeguard patient information and ensure the integrity of medical devices. In a joint September 19, 2024 presentation, the...more

New FAA Regulations Target Cybersecurity Vulnerabilities in Aircraft Design

Jones Day on 9/20/2024

The Federal Aviation Administration ("FAA") has proposed new rules to standardize its criteria for addressing cybersecurity threats for transport category airplanes, engines, and propellers....more

Cybersecurity in the Age of Industry 4.0 - Part 2

Foley & Lardner LLP on 9/20/2024

This is the second article in our two-part series on Cybersecurity in the Age of Industry 4.0, focusing on the legal implications and potential liabilities manufacturers face from cyberattacks, as well as practical...more

Athletes, Arenas, and Cyberattacks: The Evolving Landscape of Cybersecurity in Sports

Wiley Rein LLP on 9/20/2024

As cybersecurity threats continue to evolve, the sports industry faces unique challenges in safeguarding its data, athletes, and events. During a recent panel discussion at the Aspen Cyber Summit, Reynold Hoover, CEO of the...more

Weekly Update for Government Contractors and Commercial Businesses – September 2024 #3

PilieroMazza PLLC on 9/20/2024

SBA Proposed Changes to 8(a) Program Impacts Applicants and Participants - As PilieroMazza noted recently here, the Small Business Administration (SBA) released a major proposed rulemaking that will impact government...more

Privacy Briefs: September 2024

Health Care Compliance Association (HCCA) on 9/20/2024

The HHS Centers for Medicare & Medicaid Services (CMS) and Wisconsin Physicians Service Insurance Corporation (WPS) are notifying 946,801 people whose protected health information or other personally identifiable information...more

PA AG Launches Online Portal for Data Breach Reporting

Cozen O'Connor on 9/20/2024

Pennsylvania AG Michelle Henry announced the launch of an online portal to report data breaches ahead of the effective date of recent amendments to Pennsylvania’s Breach of Personal Information Notification Act (BPINA)....more

The Health Record - Healthcare Law Insights, Issue 5, September 2024

Spilman Thomas & Battle, PLLC on 9/19/2024

Welcome to our fourth issue of The Health Record - our healthcare law insights e-newsletter. In this edition, we take a look at the Biden administration's proposed insurance rule regarding mental health and substance use...more

FDIC sunsets its FFIEC Cybersecurity Assessment Tool

Orrick, Herrington & Sutcliffe LLP on 9/19/2024

On September 5, the FFIEC announced the sunsetting of the Cybersecurity Assessment Tool (CAT) on August 31, 2025. The CAT, introduced in June 2015, was a voluntary tool designed to help financial institutions identify...more

Nine months of progress – President Biden’s Landmark AI Executive Order

A&O Shearman on 9/19/2024

Daren Orzechowski Alexander Touma Jack Weinert Daren Orzechowski, Alex Touma, and Jack Weinert examine the progress made by US federal agencies towards achieving the directives set forth in President Biden’s Landmark...more

All About the Rhode Island Data Transparency and Privacy Protection Act (RIDTPPA)

Osano on 9/19/2024

Starting January 1, 2026, businesses operating in Rhode Island will need to comply with the Rhode Island Data Transparency and Privacy Protection Act, a mouthful of a law abbreviated as RIDTPPA. (Not exactly catchy, is it?)...more

Failure to Safeguard, Two Cyber Intrusions, and an $850,000 SEC Settlement

Jackson Lewis P.C. on 9/19/2024

Virtually all organizations have an obligation to safeguard their personal data against unauthorized access or use. Failure to comply with such obligations can lead to significant financial and reputational harm. In a...more

Benefits Monthly Minute - September 2024

Keating Muething & Klekamp PLL on 9/19/2024

The September Monthly Minute highlights the DOL’s extension of existing cybersecurity guidance to health and welfare plans and also addresses the new HIPAA reproductive health privacy rule....more

Troutman Pepper Weekly Consumer Financial Services Newsletter - September 2024 # 3

Troutman Pepper on 9/19/2024

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more

The Titanic: A Case Study in Flawed Risk Management

Mitratech Holdings, Inc on 9/19/2024

How Poor Risk Management Sunk the Unsinkable, and Lessons Learned in Identifying Blind Spots in the Modern Threatscape - The story of the Titanic is one of the most infamous disasters in history. Yet, beyond the tragic...more

Regulators Ramp up Scrutiny of Games’ Business Models

Sheppard Mullin Richter & Hampton LLP on 9/18/2024

On August 28, the CFPB issued a Consumer Advisory warning that it believes video game companies are targeting children for monetary gain. With 45.7 million U.S. children engaged in video gameplay, the agency is concerned...more

California’s CPPA issues advisory on “dark patterns”

Orrick, Herrington & Sutcliffe LLP on 9/18/2024

On September 4, the California Privacy Protection Agency (“CPPA”) issued an enforcement advisory warning businesses against using “dark patterns” in their user interfaces. “Dark patterns” are choices a company makes regarding...more

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