News & Analysis as of

Data Breach

PayPal’s Canadian Payments Processing Company Suffers Breach

PayPal has acknowledged that TIO, the Canadian payments processing company that it acquired in July 2017 has suffered a data breach that compromised the information of up to 1.6 million users. TIO processes utility and other...more

New York Regulation of Consumer Reporting Agencies Following Data Breaches

by Ballard Spahr LLP on

This week, New York Governor Andrew Cuomo issued a press release directing the New York Department of State to issue a new regulation impacting consumer reporting agencies....more

Data Privacy + Cybersecurity Insider - December 2017 #2

by Robinson & Cole LLP on

$64 Million in Bitcoin Stolen from NiceHash - Many are lamenting not purchasing bitcoin now that its value has skyrocketed. Recently, Massachusetts Secretary of State William Galvin warned investors to stay away from...more

Equifax Lax About Hacks, Says Shareholder Lawsuit

by Locke Lord LLP on

In early September, Equifax disclosed a now well-known data breach that ultimately affected a reported 146 million customers in the United States. The breach allegedly occurred in May 2017, as a result of an online security...more

OCR Warns Health Care Industry of Risks with Previous Employees

In its November newsletter, the Office for Civil Rights (OCR) made a great point that we are seeing in the industry—the risks associated with previous employees. According to its newsletter, entitled “Insider Threats and...more

‘Scandals spawn hashtags and disasters breed domain names’. EQUIFAX DOMAINS…PART TWO

A few weeks ago, we reported that Equifax was successful in wresting over 125 domain names from squatters who were hoping to cash in on the publicity behind the Equifax security breach. For those that have been in a sensory...more

Cybersecurity Guidance on SEC Horizon

In a push for increased cybersecurity vigilance, the Securities and Exchange Commission indicated its plans to amend existing data security guidance, including the reporting of data breaches....more

Group liability for Data Protection Failure – A New Threat for Private Equity Firms?

by Latham & Watkins LLP on

As European data protection regulators prepare to enforce the General Data Protection Regulation (GDPR) from May 2018, private equity firms must act to minimise the risk of becoming financially liable for the data protection...more

AD-ttorneys@law

by BakerHostetler on

The Digital Millennium Copyright Act (DMCA) includes a safe harbor provision that protects appropriately registered online service providers from potential secondary liability for the infringing acts of others. Ironically, in...more

Proposed Law Would Criminalize Failures to Report Data Breaches

A draft bill recently introduced in the U.S. Senate serves as a good reminder that compliance with data breach reporting requirements is critical. This bill follows significant, high-profile data breaches by Uber and Equifax,...more

Top 10 Topics for Directors in 2018

EXECUTIVE SUMMARY - 1. Cybersecurity threats. Cybersecurity preparedness is essential in 2018 as the risk of, and associated adverse impact of, breaches continue to rise. The past year redefined the upward bounds of the...more

10 Data Security Management Tips to Prevent a Data Breach

by Revision Legal on

You may never suffer a data breach, but that doesn’t mean you shouldn’t know how to prevent one. With the number and severity of data breaches rising every year, it is clear that all of us, from the biggest to the...more

Asset Management Regulatory Roundup - December 2017 - Issue 12

by Dechert LLP on

A compact summary of the most recent regulatory and tax developments relevant to the UK asset management industry. This issue includes details of the FCA’s stance on the reporting of cyber attacks; the Government’s opinion on...more

Cybersecurity 2018 – The Year in Preview: Privacy and Security in Educational Institutions

Editors’ Note: This is the sixth in a multi-part end-of-year series examining important trends in data privacy and cybersecurity during the coming year. Previous installments include analyses of HIPAA compliance, emerging...more

While you are celebrating: 4 simple holiday season cyber-readiness steps for Asian businesses

by DLA Piper on

The volume and scale of cyberattacks and cyberfrauds is rising. The pace at which these ever more sophisticated attacks can infiltrate systems around the globe suggests that the likelihood of an imminent attack on companies,...more

How Employers Can Become Experts at Data Breaches: Managing a crisis

by Bryan Cave on

A large portion of the data breaches that occur each year involve human resource related information. Bryan Cave has put together a multi-part series to help human resource managers understand, prepare for, and react to, a...more

The Intersection of Human Resources and Cybersecurity: How to Mitigate Threats from Within: Insights from Nutter’s Seth Berman

by Nutter McClennen & Fish LLP on

Seth Berman, a partner in Nutter’s Litigation Department and a leader of the firm’s Privacy and Data Security practice group, analyzed the intersection of cybersecurity and human resources in Nutter Insights. Seth outlined...more

Federal Court Permits Former Employees’ Data Breach Claims To Move Forward

by Jackson Lewis P.C. on

A data breach occurs in which an outside individual obtains your company’s employees’ W-2 forms including social security numbers, addresses, and salary information. As a result, your company notifies all affected employees,...more

Spokeo Standing in 2017

by McGuireWoods LLP on

With the year ending, and McGuireWoods’s webinar next week on class actions’ Hot Issues of 2017 approaching, this seems like a good time to take note of a few of the trends we have seen arising in class actions over the last...more

Lawmakers Seek to Keep Things Private

Federal lawmakers are considering the Consumer Privacy Protection Act of 2017, a new bill that would regulate the storage online of certain types of personal consumer information....more

UK High Court: Employers May Be Vicariously Liable for Employee Data Breaches

by Morgan Lewis on

The ruling stems from a case that signals a growing trend toward group action litigation involving data protection, and poses new risks for companies who should respond with increased vigilance in employee recruitment,...more

Inside the Stanford Breach: Exposed Records Lead to Financial Aid Scandal

A cybersecurity vulnerability at Stanford University exposed thousands of sensitive files containing details of sexual assault investigations and disciplinary actions. The story of what happened—and why it should be an object...more

Employment News - December 2017 #2

by Hogan Lovells on

In this weeks issue: - Employer vicariously liable for employee's data breach - Time and time again - no implied right to bonus through custom and practice - Making progress - gender pay gap toolkit...more

How Employers Can Become Experts at Data Breaches: Retaining a third party forensic investigator

by Bryan Cave on

A large portion of the data breaches that occur each year involve human resource related information. Bryan Cave has put together a multi-part series to help human resource managers understand, prepare for, and react to, a...more

Morrisons Found Vicariously Liable for a Data Breach Committed by One of its Employees

by Reed Smith on

Following a recent ruling by the High Court against WM Morrisons Supermarket PLC (“Morrisons”), employers may now find themselves vicariously liable for data breaches perpetrated by their employees. In 2014, it was...more

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Cybersecurity

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