Four Companies Settle SEC Allegations for “Misleading Cyber Disclosures” Regarding SolarWinds -
On October 22, 2024, the Securities and Exchange Commission (“SEC”) announced settlements with four companies for alleged...more
11/8/2024
/ Artificial Intelligence ,
Consumer Financial Protection Bureau (CFPB) ,
Covered Entities ,
Cybersecurity ,
Disclosure Requirements ,
European Commission ,
Final Rules ,
Notice of Proposed Rulemaking (NOPR) ,
NYDFS ,
Public Disclosure ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
Settlement ,
Social Engineering ,
Social Networks ,
SolarWinds ,
UK
Happy 3rd Anniversary to Dechert's Cyber Bits! As we celebrate our 3rd year anniversary, we want to thank you for your support in making our publication a huge success. Thank you to the entire Cyber Bits team, who work...more
10/25/2024
/ Advertising ,
Consent Decrees ,
Court of Justice of the European Union (CJEU) ,
Cybersecurity ,
Data Security ,
et al v. FCC ,
European Data Protection Board (EDPB) ,
Federal Trade Commission (FTC) ,
General Data Protection Regulation (GDPR) ,
Information Commissioner's Office (ICO) ,
Settlement ,
UK ,
UK Data Protection Act
New BIPA Ruling: Dismissal of Claims Against Samsung Over its Face App Data -
On July 24, 2024, a federal judge in Illinois dismissed the case GT v. Samsung Electronics America, Inc., in which a putative class of Samsung...more
8/19/2024
/ Biometric Information Privacy Act ,
Data Protection ,
Enforcement ,
European Commission ,
European Parliament ,
Facial Recognition Technology ,
Federal Trade Commission (FTC) ,
General Data Protection Regulation (GDPR) ,
Illinois ,
Information Commissioner's Office (ICO) ,
Informed Consent ,
Minor Children ,
Personal Information ,
Settlement ,
Social Media ,
State Data Privacy Laws ,
Tracking Systems ,
UK
SEC Fines the New York Stock Exchange’s Parent Company $10 million for Failure to Promptly Notify Its Subsidiaries of Cybersecurity Breach -
On May 22, 2024, the Securities and Exchange Commission (“SEC”) imposed a $10...more
6/14/2024
/ Annual Reports ,
Artificial Intelligence ,
Breach Notification Rule ,
Colorado ,
Cybersecurity ,
Data Breach ,
Data Collection ,
Data Protection ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Information Commissioner's Office (ICO) ,
Machine Learning ,
New Legislation ,
NYSE ,
Popular ,
Securities and Exchange Commission (SEC) ,
UK
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
3/15/2024
/ Biden Administration ,
California ,
Cybersecurity Framework ,
Data Privacy ,
Data Protection ,
Data Selling ,
Employee Monitoring ,
Executive Orders ,
Facial Recognition Technology ,
Federal Trade Commission (FTC) ,
High-Risk Countries ,
NIST ,
Opt-Outs ,
Personal Data ,
Sensitive Personal Information ,
UK
FTC Announces Proposed Settlement with Data Aggregator over its Alleged Selling of Precise Location Data -
The Federal Trade Commission (“FTC”), on January 18, 2024, announced a proposed settlement with InMarket Media...more