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Dechert Cyber Bits - Issue 61

X Agrees to Stop Processing EU Data to Train its Grok AI - Ireland’s Data Protection Commission (“DPC”) recently filed an urgent High Court application against X (formerly Twitter) for using the personal data of European...more

Dechert Cyber Bits - Issue 59

U.S. Court Axes Most of SEC's SolarWinds Data Breach Suit - The U.S. District Court for the Southern District of New York recently dismissed much of the U.S. Securities and Exchange Commission’s (“SEC”) suit against...more

SEC Adopts First Major Amendments to Regulation S-P Since 2000

Incident Response Plans and Written Information Security Programs Continue to be Essential and Will Need to Be Reviewed. Most sophisticated organizations currently have in place incident response plans. Those organizations...more

Dechert Cyber Bits - Issues 57

CFPB Director Chopra Emphasizes “Pressing Need” for Data Protections - On June 12, 2024 and June 13, 2024, Consumer Financial Protection Bureau Director Rohit Chopra appeared before the Senate Banking Committee and the...more

Dechert Cyber Bits - Issue 52

European Parliament Approves EU AI Act - On March 13, 2024, the European Parliament approved the EU Artificial Intelligence Act (“AI Act”). A first of its kind legal framework for AI, the AI Act has extraterritorial effect,...more

Dechert Cyber Bits - Issue 51

Biden Administration Issues Executive Order Restricting Bulk Transfers of U.S. Citizens' Personal Data to “Countries of Concern” - On February 28, 2024, President Biden issued an Executive Order (“EO”) to address the...more

Dechert Cyber Bits - Key Developments in Privacy & Cybersecurity - Issue 50

FTC Proposes New Protections to Guard Against AI Impersonations of Individuals - Amidst growing concerns that emerging technology—including AI-generated deepfakes—threaten to increase the prevalence of impersonation fraud,...more

Dechert Cyber Bits - Key Developments in Privacy & Cybersecurity - Issue 49

FTC Announces Proposed Settlement with Software Provider to Settle Allegations that its Inadequate Security Safeguards Led to Cyberattack - On February 1, 2024, the Federal Trade Commission (“FTC”) announced a proposed...more

Dechert Cyber Bits - Key Developments in Privacy & Cybersecurity - Issue 47

FTC Settles with Rite Aid on its Use of AI and Processing of Biometric Information - The Federal Trade Commission (“FTC”), on December 19, 2023, announced that it had reached a settlement with Rite Aid Corporation (“Rite...more

White House Issues Sweeping Executive Order on AI: Key Takeaways

President Biden’s recent Executive Order on Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence: Establishes a federal government-wide effort to mitigate risks of improper AI development and use....more

Dechert Cyber Bits - Key Developments in Privacy & Cybersecurity - Issue 46

EU AI Act: Political Agreement Reached on Terms of Landmark Legislation - Negotiators for the European Council and the European Parliament have reached political agreement on the provisions of the EU Artificial...more

Dechert Cyber Bits - Issue 42

UK-U.S. Data Bridge Approved - The UK has approved an extension to the EU-U.S. Data Privacy Framework (DPF) called the ‘UK-U.S. Data Bridge,’ which facilitates data flows from the UK to the U.S. From October 12, 2023...more

Dechert Cyber Bits - Issue 30

Cybersecurity Alert: Silicon Valley Bank and Signature Bank Fallout - Undoubtedly, cyber criminals are out in full force with phishing links and other scams trying to capitalize on the disruption and panic that many...more

California AG Throws A Stake in the Ground on “Sales” With $1.2 Million Fine

On August 24, 2022, California Attorney General (“CA AG”) Rob Bonta announced a settlement with Sephora USA, Inc. that includes a $1.2 million fine—the first monetary penalty imposed under the CCPA. The settlement also...more

Dechert Cyber Bits - Issue 19

CJEU: Special Category Data Just Got More Complicated - On August 1, 2022, the Court of Justice of the European Union (“CJEU”) delivered a preliminary ruling on the legal interpretation of special categories of personal...more

Ready Set Go: California Privacy Protection Agency Previews Draft Regulations

Less than two months after the California Privacy Protection Agency (“CPPA” or “Agency”) formally took over rulemaking for the California Consumer Privacy Act (“CCPA”), as amended by the California Privacy Rights Act...more

SEC Proposes New and Amended Cybersecurity Rules for Public Companies

On March 9, 2022, the Securities and Exchange Commission (“SEC”) voted three-to-one to propose new and amended rules for public companies that are subject to the reporting requirements of the Securities Exchange Act of 1934...more

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