News & Analysis as of September 21, 2024

Cybersecurity › PCI

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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 -

States’ Safe Harbor Defense For Data Security Breaches Signals Possible Trend

Lowenstein Sandler LLP on 4/12/2021

We are now seeing a potential trend where states are incentivizing companies through the creation of safe harbors to improve their cybersecurity posture, instead of penalizing them after a breach of personal information. Utah...more

Utah Gets A New Data Breach Defense Law

Husch Blackwell LLP on 3/30/2021

Keypoint: New Utah law creates incentive for businesses to develop and implement a written cybersecurity program to protect themselves against data breach lawsuits. On March 11, 2021, Utah governor Spencer Cox signed the...more

Best Practices: Remote Working Cybersecurity Safeguards For The Payments Industry

Fox Rothschild LLP on 4/14/2020

COVID-19 has caused more employees to work remotely or at home, presenting cybersecurity challenges to organizations in the payments industry. PCI Security Standards Council has issued best practices to secure and protect...more

Does the Schrems Decision Open the Door to New Cyber Insurance Exclusions?

Orrick, Herrington & Sutcliffe LLP on 10/29/2015

The shockwaves continue from the October 6, 2015 ruling of the Court of Justice of the European Union (CJEU), the European Union’s highest court, invalidating the U.S.-EU “Safe Harbor” data transfer regime in a controversy...more

PCI Security Standards Council Issues “How-To” Guide For Responding To A Data Breach

King & Spalding on 10/20/2015

On September 29, 2015, the PCI Security Standards Council (“PCI SSC”) issued a press release and accompanying guidance to businesses for incident response management in the event of a data breach. PCI SSC is a global forum...more

New PCI Guidance Provides Businesses With Security Incident Response Assistance

BakerHostetler on 10/9/2015

A security event involving payment card data, especially card present data, can be one of the most costly events a company may face. Not only did a recent study report the average total cost of a data breach as $3.8 million,...more

2015 Trends: #10 Cybersecurity: A Risk that Needs to be on Your Ethics and Compliance To-Do List

NAVEX on 1/30/2015

The starting point for every ethics and compliance program must always be an analysis of the ethics and compliance risks faced by the organization. In that light, it’s important to listen to James Comey, Director, U.S....more

PCI Council Issues Biz Tips to Reduce 3rd Party Security Risk

Proskauer - Privacy & Cybersecurity on 8/15/2014

On August 7, 2014 the PCI Security Standards Council issued new guidance to supplement PCI DSS Requirement 3.0 and help organizations reduce the risks associated with entrusting third-party service providers (“TPSPs”) with...more

PCI Data Security Standards Council to Release New Version of PCI DSS

Davis Wright Tremaine LLP on 9/24/2013

In August 2013, the Payment Card Industry (PCI) Security Standards Council released Highlights of new versions of the Data Security Standard (DSS) and Payment-Application Data Security Standard (PA-DSS). The Council is...more

Do Merchants That Outsource Payment Processing Still Have Risk From a Breach?

BakerHostetler on 2/11/2013

Last week a small New England bakery announced that its point-of-sale (POS) devices were infected with malware that may have put card data at risk....more

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