News & Analysis as of September 19, 2024

Cybersecurity › Equifax

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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 -

Judicial Economy, Access to Justice and Certainty in the Law

Bennett Jones LLP on 8/27/2024

The Supreme Court of Canada’s Denial of Leave to Appeal in the Intrusion Upon Seclusion Trilogy - On July 13, 2023, the Supreme Court of Canada denied leave to appeal from three Ontario Court of Appeal decisions declining...more

FTC Issues Stern Warning to Companies to Address Known Cybersecurity Vulnerability

Akin Gump Strauss Hauer & Feld LLP on 2/15/2022

The Federal Trade Commission (FTC) issued a surprisingly strong warning to companies that they may face potential regulatory action if they fail to address known vulnerabilities, focusing in particular on the Log4j...more

FTC Amends Financial Institution Safeguards Rule Including New Information Security Requirements

Benesch on 11/11/2021

The updated rule also includes new exemptions, expands the definition of “financial institution,” and creates new accountability requirements. On October 27th the Federal Trade Commission (“FTC”) adopted and published...more

The Equifax/Massachusetts Attorney General Consent Judgment: A Guide for Privacy and Security Compliance

Foley Hoag LLP - Security, Privacy and the... on 5/4/2020

What do businesses need to do to comply with privacy and data security laws? The first place to look is to relevant statutes. If you store or process the personal information of Massachusetts residents, then you will at...more

Privacy & Cybersecurity Update - April 2020

Skadden, Arps, Slate, Meagher & Flom LLP on 5/3/2020

In this month's edition of our Privacy & Cybersecurity Update, we examine Washington state's new facial recognition law, the U.K. Supreme Court's ruling that an employer is not liable for a data breach caused by a disgruntled...more

Privacy and Data Security Alert l January 2020

Shook, Hardy & Bacon L.L.P. on 1/30/2020

States Consider Privacy and Data Security Legislation - It’s that time of year again, when we see a flood of legislative activity at the state level on privacy and data security laws. A couple of recent examples are below....more

Court Approves Historic Equifax Data Breach Settlement

Patterson Belknap Webb & Tyler LLP on 1/28/2020

The aftermath from one of the largest data breaches in U.S. history is nearing the end, as the presiding judge approved a proposed class action settlement resolving claims arising from Equifax’s September 2017 data breach. ...more

Privacy & Cybersecurity Update - November 2019

Skadden, Arps, Slate, Meagher & Flom LLP on 12/4/2019

In this month's edition, we examine the landmark data breach class action in the English High Court against Equifax, the FTC's complaint against data colocation company RagingWire and a Utah business-to-business company's...more

The Scariest Data Privacy Breaches of 2019

Mitratech Holdings, Inc on 10/31/2019

With it being Halloween, October being National Cybersecurity Awareness Month, and 2019 drawing to an end, let’s take a look at the data privacy breaches giving compliance professionals a fright this year! ...more

Transborder Data Flow Consent Standard is Reaffirmed

Bennett Jones LLP on 9/25/2019

The Office of the Privacy Commissioner of Canada (OPC)'s report, Personal Information Protection and Electronic Documents Act (PIPEDA) Report of Findings #2019-001, issued April 9, 2019, into the Equifax hack, created...more

Recent FTC Enforcement Actions

Stoel Rives - Global Privacy & Security Blog® on 8/24/2019

What the FTC Wants, the FTC (Mostly) Gets - In recent weeks the Federal Trade Commission has been on a tear. As one example, on July 22 it announced a $700 million settlement with Equifax for “the 2017 data breach that...more

Recent FTC Cybersecurity Settlements Highlight Benefits and Risks of Settling vs. Litigating

Orrick, Herrington & Sutcliffe LLP on 8/22/2019

Amidst mounting pressure to pursue cybersecurity more aggressively, the Federal Trade Commission (“FTC”), the federal government’s most active enforcer in the space, has recently imposed increasingly stringent cybersecurity...more

Data Privacy Exposure Hits the Public Sector: Lessons from the OPM Data Breach Class Action, Whistleblower Actions, and the GAO...

Faegre Drinker Biddle & Reath LLP on 8/13/2019

Data privacy litigation and enforcement actions continue to roil the private sector, most recently with the FTC’s announcement of a $425 million settlement with Equifax in the wake of the Equifax data breach. Less discussed...more

Privacy & Cybersecurity Update - July 2019

Skadden, Arps, Slate, Meagher & Flom LLP on 8/2/2019

In this month's edition of our Privacy & Cybersecurity Update, we examine New York's new laws expanding consumer protection for data breaches, the D.C. Circuit's two rulings deepening the split regarding standing in data...more

But Wait, There’s Less – Equifax Settlement Update

Mintz - Privacy & Cybersecurity Viewpoints on 8/2/2019

We know we told you yesterday about the Equifax settlement and how you could make a claim in connection with the breach. Well, consumers whose personal information was compromised in Equifax’s massive 2017 data breach are in...more

Corporate Law & Governance Update - July 2019

McDermott Will & Emery on 7/31/2019

IMPACT OF EQUIFAX, FACEBOOK SETTLEMENTS - Health care industry boards should give close attention to the governance implications of recent privacy settlements entered into by Equifax and Facebook. Their unique facts...more

FTC and Equifax Reach Historic Settlement

Mintz - Privacy & Cybersecurity Viewpoints on 7/31/2019

The Federal Trade Commission (“FTC”), the Consumer Financial Protection Bureau, and 50 U.S. states and territories, have reached a global settlement agreement with Equifax Inc. (“Equifax”), according to which, Equifax agreed...more

New York Expands Data Privacy Protections

Dorsey & Whitney LLP on 7/30/2019

New York continued its active legislative session last week, this time by expanding its data breach notification law. The SHIELD Act (Stop Hacks and Improve Electronic Data Security), signed by Governor Andrew Cuomo on July...more

Significant FTC Fines Highlight Evolution in Privacy Enforcement Landscape

Davis Wright Tremaine LLP on 7/30/2019

Last week produced a spate of interesting and instructive privacy and data security enforcement activity. ...more

Cybersecurity: How to Protect Yourself and Your Company

Furia Rubel Communications, Inc. on 7/25/2019

Just recently, Equifax had the largest-ever settlement for a data breach. They are to pay at least $575 million, and potentially as much as $700 million, to settle allegations over its massive 2017 data breach. What we tell...more

Equifax Will Pay Minimum of $575 Million, up to $700 Million, in Settlement Over 2017 Data Breach

Balch & Bingham LLP on 7/23/2019

Today, the FTC announced that Equifax, Inc. will pay at least $575 million (and potentially up to $700 million) as part of a proposed global settlement with the Federal Trade Commission (FTC), the Consumer Financial...more

Privacy & Cybersecurity Update - April 2019

Skadden, Arps, Slate, Meagher & Flom LLP on 5/1/2019

In this month's Privacy & Cybersecurity Update, we examine several recent U.K.-related cybersecurity developments and the SEC's risk alert reminding investment advisers and broker-dealers to follow through on implementing...more

FCRA Claims Dismissed in Massive Equifax Data Breach Case

Womble Bond Dickinson on 3/7/2019

Yesterday, the District Court for the Northern District of Georgia granted a motion to dismiss FCRA claims in a case involving one of the largest data breaches in history....more

Privacy & Cybersecurity Update - February 2019

Skadden, Arps, Slate, Meagher & Flom LLP on 3/4/2019

In this month's edition, we examine a judge's ruling allowing an investor suit against Equifax, the dismissal of a class action against the insurer CareFirst and President Donald Trump's launch of a federal artificial...more

Court Finds Cybersecurity-Related Claims Sufficient in Securities Class Action

Sheppard Mullin Richter & Hampton LLP on 2/7/2019

In the aftermath of Equifax’s data breach, a federal court recently found that allegations of poor cybersecurity coupled with misleading statements supported a proper cause of action. In its decision, the U.S. District Court...more

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Cybersecurity › Equifax

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