While GDPR has been active as a regulation since May 2018, the first fines have just started to hit companies for data breaches. Announced by the ICO on July 8 2019, they intend to fine British Airways £183.39 million for...more
In “Enterprise-Wide Risk Assessments Have Never Been More Important” (Thomson Reuters Regulatory Intelligence, 17 Jan. 2019), authors Tom Bock, head of K2 Intelligence’s Regulatory Compliance practice, and Darren Matthews,...more
In June, California passed a sweeping new privacy law that will impact an estimated 500,000 businesses in the United States. The California Consumer Privacy Act of 2018, AB 375 (CaCPA) is the first U.S. law to grant consumers...more
FINRA recently published its 2018 Annual Regulatory and Examination Priorities Letter, which identifies opportunities for firms to improve their compliance, supervisory and risk management policies or programs. ...more
OCIE Highlights Frequent Topics for Compliance Deficiencies for Investment Advisers - On Feb. 7, 2017, the Securities and Exchange Commission’s (SEC’s) Office of Compliance Inspections and Examinations (“OCIE”) published...more
On 13 February 2017, the Australian Senate passed into law the Privacy Amendment (Notifiable Data Breaches) Bill 2016. This law amends the primary privacy and data protection legislation in Australia, Privacy Act 1988 (Cth),...more
In the past several years, a huge increase has occurred in the number of electronic attacks in the United States using ransomware, a form of malware that targets and encrypts critical data and systems for the purpose of...more