News & Analysis as of September 19, 2024

Cybersecurity › Settlement Agreements

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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 -

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

Expect Focus - Volume II, May 2024

Carlton Fields on 5/29/2024

Last Lap in SEC RILA Rulemaking Critical Unresolved Issues - Congress directed the SEC to adopt a new registration statement for registered indexed annuities (RILAs) by the end of June. Several months ago, the SEC...more

District Court approves $1.75 million data breach settlement

Orrick, Herrington & Sutcliffe LLP on 3/24/2023

On March 3, the U.S. District Court for the Central District of California granted final approval of a $1.75 million class action settlement resolving allegations related to a 2020 data breach that compromised nearly 100,000...more

FTC Brings Enforcement Action under FTC Act and Health Breach Notification Rule Based on GoodRx’s Use of Advertising Tracking...

Epstein Becker & Green on 2/7/2023

On February 1, 2023, the FTC announced a proposed $1.5 million settlement with GoodRx Holdings, based on alleged violations of the Federal Trade Commission Act (“FTC Act”) and Health Breach Notification Rule (“HBNR”) for...more

Privacy & Cybersecurity Update - January 2023

Skadden, Arps, Slate, Meagher & Flom LLP on 2/1/2023

In this month’s Privacy & Cybersecurity Update, we analyze recent fines against Meta and their impact on the future of behavioral advertising, the timeline for the California Privacy Rights Act’s regulations to become...more

2016 Breach Costs OK State Medical Center $875K; System Initially Missed Vulnerability

Health Care Compliance Association (HCCA) on 8/16/2022

Report on Patient Privacy 22, no. 8 (August, 2022) - Oklahoma State University Center for Health Sciences’ (OSUCHS) breach might not have seemed all that serious at the time: No data is believed to have been misused,...more

DOJ’s Civil Cyber-Fraud Initiative Secures More Than $9 Million in Two False Claims Act Settlements for Alleged Cybersecurity...

Proskauer on Privacy on 7/21/2022

Last fall, the United States Department of Justice (“DOJ”) launched its Civil Cyber-Fraud Initiative (“CCFI”) as part of its effort to “combat new and emerging cyber threats to the security of sensitive information and...more

Contractor Settles Cybersecurity-Related False Claims Act Suit for $9 million

Pillsbury Winthrop Shaw Pittman LLP on 7/8/2022

A seven-year long False Claims Act suit comes to an end after Aerojet Rocketdyne reaches a $9 million settlement agreement for its alleged false certification of compliance with cybersecurity requirements. In the settlement...more

[Webinar] Luminary Series: How Recent Regulatory Rulings Are Shaping Compliance - July 28th, 1:00 pm ET

Hanzo on 7/8/2022

When it comes to ensuring enterprise data is safe, understanding recent rulings from different regulatory bodies and how they affect your organization is a vital first step, followed by reasonable measures to further...more

University of Pittsburgh Medical Center Settles Data Breach Class Action for $450,000

Robinson+Cole Data Privacy + Security Insider on 6/17/2022

The University of Pittsburgh Medical Center (UPMC) recently settled a data breach class action for $450,000 stemming from a 2020 data breach that led to the compromise of about 36,000 UPMC patients....more

When the Feds Find Out! Lack of Data Security Leads to Novel and Hefty Settlements

Polsinelli on 3/22/2022

The Federal Government continues ramping up enforcement of data security requirements by deploying significant new enforcement theories and tools in support of cyber and data security controls required by federal law....more

Well, That Didn’t Take Long – DOJ Announces its First Settlement of a Civil Cyber-Fraud Case

Sheppard Mullin Richter & Hampton LLP on 3/10/2022

On March 8, 2022, just five months after the creation of the Department of Justice’s (“DOJ”) new Civil Cyber-Fraud Initiative (previously discussed...), the DOJ announced its first settlement of a cyber-related fraud case...more

EyeMed Settles with NY AG for $600,000 Over 2020 Data Breach

Robinson+Cole Data Privacy + Security Insider on 1/28/2022

EyeMed Vision Care, LLC, was the victim of a hacking incident in 2020 that compromised the personal information of 2.1 million consumers, including their names, addresses, Social Security numbers, member numbers of health and...more

Report on Patient Privacy Volume 22, Number 1. Privacy Briefs: January 2022

Health Care Compliance Association (HCCA) on 1/18/2022

Report on Patient Privacy 22, no. 1 (January, 2022) - New Jersey issued its third settlement in three months on state-level health care privacy and security laws, announcing that three cancer care providers would adopt new...more

Recent Settlements and Penalties Show Perils of Data Breaches

Bilzin Sumberg on 1/7/2022

Two major U.S. financial institutions, Morgan Stanley and Capital One, recently agreed to resolve separate class action lawsuits by paying, in the aggregate, hundreds of millions of dollars in compensation for massive data...more

The State AG Report - Volume 7, Issue 35 | September 2021

Cozen O'Connor on 9/7/2021

Here are last week’s curated AG and federal regulatory news stories highlighting key areas in which state and federal regulators’ decisions are having an impact across the US: Not Just Fun and Games: Angry Birds Allegedly...more

Zoom Settlement Will Likely Mute Federal Class Action Lawsuit over Data Privacy

Bilzin Sumberg on 8/4/2021

After months of litigation, Zoom Video Communications has agreed to pay $85 million to settle a proposed class action pending in the United States District Court for the Northern District of California....more

NYDFS Settles with National Securities Corp. for $3M for Violations of DFS Cybersecurity Regulations

Robinson+Cole Data Privacy + Security Insider on 4/19/2021

The New York Department of Financial Services (NYDFS) has settled alleged violations of the Department’s strict cybersecurity regulations with National Securities Corp. (NSC) for $3 million, over four separate cybersecurity...more

Taking Stock of Non-Monetary Settlement Provisions

Locke Lord LLP on 3/16/2021

Since the passage of the California Consumer Privacy Act and because of the continued interest in the Illinois Biometric Information Privacy Act, there has been a focus on the amount of money class members may expect to...more

Lesson Learned From Recent FTC Settlement: Be Cautious With Compliance “Seals”

Hinshaw & Culbertson - Privacy, Cyber & AI... on 2/23/2021

"HIPAA Compliance" seals are not a reliable indicator that a company's website employs reasonable measure to secure personal medical information. That is one lesson from a recently finalized settlement between the Federal...more

Sabre Travel Services Settles Data Breach Charges with State Attorneys General for $2.4 Million

The Volkov Law Group on 1/25/2021

Sabre Corporation, the travel technology company, agreed to pay $2.4 million as a settlement with twenty-seven (27) State Attorneys General for a 2017 data breach involving hotel booking services....more

New York and Others Settle with CafePress Over 2019 Data Breach

Sheppard Mullin Richter & Hampton LLP on 1/13/2021

The operator of CafePress, an online retailer that sells customizable mugs and other products, has reached an agreement with New York State Attorney General Letitia James and six other State Attorneys Generals to settle...more

Mortgage Analytics Company and FTC Agree to Settlement on Allegations Related to Third-Party Vendor Data Breach

Balch & Bingham LLP on 1/8/2021

Ascension Data & Analytics LLC, a data analytics company for the mortgage industry, has entered into a proposed settlement agreement with the Federal Trade Commission (FTC) following allegations that it violated the...more

Settlement with App Developers Requires Limits on Collection and Use of Children’s Personal Information

Akin Gump Strauss Hauer & Feld LLP on 12/7/2020

In August, Viacom and a number of other app developers and ad-tech companies reached a settlement with parents who had alleged that the companies were illegally selling children’s personal information for behavioral...more

Data Privacy + Cybersecurity Insider - November 2020 #4

Robinson & Cole LLP on 11/25/2020

CYBERSECURITY - Responding to Cyber-Attacks in the Utility and Energy Sectors - To assist utilities with assessing and responding to cyber risks, the Federal Energy Regulatory Commission (FERC) and the North American...more

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Cybersecurity › Settlement Agreements

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