News & Analysis as of

Data Management Third-Party Service Provider

A&O Shearman

DORA: Get ready, get set, take action

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The Digital Operational Resilience Act 2022/2554 (DORA) is a European regulation that will come into force on January 17, 2025. The regulation aims to strengthen the digital operational resilience of the financial sector...more

Lippes Mathias LLP

Hospital Administrators – Is Your Hospital Cyber-Secure?

Lippes Mathias LLP on

On October 2, 2024, New York adopted new regulations requiring general hospitals to implement heightened cybersecurity safeguards. General hospitals, as defined in Article 28 of the NY Public Health Law, generally must begin...more

Husch Blackwell LLP

NYDFS Issues Guidance to Mitigate AI Cybersecurity Risks

Husch Blackwell LLP on

Keypoint: The New York Department of Financial Services (NYDFS) circulated an industry letter offering guidance to NYDFS “Covered Entities” for assessing and managing AI-related cybersecurity risks, including threats...more

Mitratech Holdings, Inc

Sidestepping the Automation Implementation Trap: How to Avoid Common Pitfalls and Maximize Success

Mitratech Holdings, Inc on

Lessons Learned and Best Practices for Seamless Automation - Implementation Automation has become the right-hand resource for many businesses looking to drive greater efficiency and get time back to focus on business...more

Integreon

3 Challenges that Prevent CLM Implementations from Achieving Peak Performance (and How to Overcome Them)

Integreon on

After investing in a contract lifecycle management (CLM) system, many organizations realize that getting a return on investment can be challenging, or worse, never realized. The most common mistake is thinking that all it...more

BCLP

Understanding the Data Governance Act: Key Aspects and Challenges

BCLP on

A few weeks ago, on 24 September 2023, the Data Governance Act (Regulation (EU) 2022/868 of the European Parliament and of the Council of 30 May 2022 on European data governance) (“DGA”) came into force.  The DGA aims to...more

Cadwalader, Wickersham & Taft LLP

Financial Conduct Authority Publishes Draft Voluntary Code of Conduct for ESG Ratings and Data Product Providers

On July 5, an industry-led working group convened by the UK’s financial regulator published a draft voluntary code of conduct for ESG data and ratings providers (the Code). The Code would apply to all companies based in the...more

Sheppard Mullin Richter & Hampton LLP

Cybersecurity Guidance Issued to Retirement Plan Sponsors

The Department of Labor recently issued cybersecurity guidance to retirement plans. The department’s Employee Benefits Security Administration (EBSA) issued guidance in three areas: (1) hiring and working with vendors and...more

Morgan Lewis - Tech & Sourcing

Open Banking – Update for 2020

In December 2019, we published a blog post introducing open banking; here, we provide an update for 2020. To briefly summarize, open banking comprises a set of rules which permit third-party providers (TPPs) of financial...more

Mitratech Holdings, Inc

Previewing Interact 2020: Why Is This a Critical Moment for Vendor Risk Management?

Among the many other hard lessons the COVID-19 pandemic has been teaching businesses, there’s this one: Vendor risk management has become even more complex than before. Frighteningly complex, in fact, making it even more...more

Carlton Fields

Topsy-Turvy World of Accelerated Underwriting and Artificial Intelligence

Carlton Fields on

As accelerated underwriting (AU) and artificial intelligence (AI) begin to turn life underwriting upside down, several NAIC working groups are seeking to bring order to the disruption: the Big Data (EX) Working Group (“Big...more

ArentFox Schiff

CCPA Data Processing Agreements with Vendors: Considerations for Ready-Made Forms

ArentFox Schiff on

The California Consumer Privacy Act (CCPA) went into effect January 1, 2020 and created several rights for California residents, including the game-changing right to opt-out of the sale of personal information. ...more

Shook, Hardy & Bacon L.L.P.

Privacy and Data Security Alert l March 2020

Shook Weighs in on Updated CCPA Regulations - In response to extensive public comment, the California Attorney General’s office released modified draft regulations under the CCPA on February 7. Shook has provided initial...more

Faegre Drinker Biddle & Reath LLP

The SEC’s Most Detailed Cybersecurity Guidance to Date

The SEC, through its Office of Compliance Inspections and Examinations (“OCIE”), recently issued its most detailed cyber guidance to date. OCIE had previously issued several cybersecurity risk alerts over the past few years....more

Reveal

The eDiscovery Impostor and How to Spot Them

Reveal on

“To err is human,” but in an industry as seemingly driven by precision as eDiscovery, errors are all too common. Yes, mistakes are going to happen. Which is why we can fall back on processes and procedures to ensure that even...more

Mitratech Holdings, Inc

A Glossary Guide to the CCPA

Mitratech Holdings, Inc on

To get prepared for the California Consumer Privacy Act (CCPA), get a grasp of the basic jargonese and terms involved. The CCPA will impact hundreds of thousands of businesses worldwide. In “A Glossary Guide to the CCPA”,...more

Littler

Implementing Illinois’ AI Video Interview Act: Five Steps Employers Can Take to Address Hidden Questions and Integrate Policies...

Littler on

In a 2019 survey Littler conducted of over 1,300 in-house counsel, HR professionals and C-suite executives, more than 35% responded that their organization is using artificial intelligence (AI) in the recruiting and hiring...more

Robinson+Cole Data Privacy + Security Insider

Choice Hotels Contacts 700,000 Customers About Data Breach Caused by Vendor

In another example of a data breach allegedly caused by a vendor, Choice Hotels is contacting approximately 700,000 of its customers regarding a data breach caused by a third-party vendor that “copied the impacted data from...more

Association of Certified E-Discovery...

Three Ways E-Discovery is Just Like Baseball

Admittedly, I’m not the biggest sports buff. However, when I moved to Kansas City four years ago, what my family and I realized is that you can’t help not be a fan of the Royals, Chiefs, Jay Hawks, and Sporting! Everyone in...more

Baker Donelson

Electronic Discovery Preparedness Audit Handbook

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While your organization may not regularly be involved in costly or complicated litigation, there are instances in which it may nonetheless be required to identify, collect, and produce documents most likely in the form of...more

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