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New York Department of Financial Services Announces Creation of Cybersecurity Division

New York is the first state to establish a department within a financial regulatory agency that is tasked with protecting consumers and financial markets against cyber threats. On May 22, 2019, the New York Department of...more

Amended Massachusetts Data Breach Law Requires Additional Disclosures and Free Credit Monitoring

The Situation: In the wake of the Equifax data breach, Massachusetts has amended its data breach law. The Result: Companies reporting security breaches under the amended data breach law must provide additional information...more

GDPR's Potential Fines and Other Exposures Raise Cyber Insurance Coverage Questions

The Situation: The European Union's General Data Protection Regulation ("GDPR") has raised questions regarding the scope of coverage and protection afforded by current cyber policies, especially with respect to potential GDPR...more

Jones Day Global Privacy & Data Security Update | Vol. 19

On the heels of the European Union's General Data Protection law, which went into effect in May 2018, California has enacted the California Consumer Privacy Act ("CCPA")—the result of an 11th-hour compromise between...more

Royal Decree-Law Approved to Ensure Application of GDPR in Spain

The Situation: Spain approved emergency legislation regarding data protection that mainly focuses on regulating inspection and sanctioning procedures. The Purpose: The purpose of this legislation is to allow for the correct...more

Brazil Enacts General Data Protection Law

The Development: Brazilian President Michel Temer enacted the Brazilian General Data Protection Law on August 14, 2018. The Purpose: The newly enacted General Data Protection Law is intended to regulate the treatment of...more

French Data Protection Authority Confirms Enforcement Trend on Security Obligations for Data Controllers

The Situation: Even before the General Data Protection Regulation ("GDPR") became effective on May 25, there has been a noticeable trend in the enforcement of security obligations through increased sanctions. The...more

Privacy and Cybersecurity Developments in Latin America

The Situation: Latin American governments, business leaders, and legal advisors continue to address privacy and cybersecurity concerns. The Result: The development and implementation of privacy-focused regulations is a...more

Vietnam Passes Sweeping Cybersecurity Law

On June 12, 2018, Vietnam's National Assembly passed the contentious Law on Cybersecurity ("Law"), which will go into effect on January 1, 2019. The Law has hallmarks similar to China's Cybersecurity Law that took effect in...more

DOJ's Business Email Compromise Takedown Illustrates Pervasiveness of Internet Fraud Schemes

On June 12, 2018, the U.S. Department of Justice announced the internationally coordinated arrests of 74 individuals involved in a series of multimillion-dollar business email compromise schemes ("BEC"). Although these...more

China's New Cybersecurity Law Brings Enforcement Crackdown

The Situation: Earlier this year, the People's Republic of China enacted its Cybersecurity Law, which granted authorities broad, explicit powers to monitor and investigate activities falling under its purview, along with the...more

Deadline to Comply with New York's Cybersecurity Regulation Is Approaching

For entities regulated by the New York Department of Financial Services, the deadline for complying with the new Cybersecurity Requirements for Financial Services Companies, 23 NYCRR Part 500, is Monday, August 28, 2017. To...more

China's New Cybersecurity Law and Draft Data Localization Measures Expected to Burden Multinational Companies

China's new Cybersecurity Law ("new Law") is set to come into effect on June 1, 2017, and introduces sweeping provisions that may have a significant impact on companies doing business in and with China. To provide guidance on...more

What Does the Introduction of Mandatory Data Breach Notification in Australia Mean for You?

Australia's Data Breach Bill amends the Privacy Act 1988 (Cth) ("Privacy Act") and requires private and public organisations regulated by the Privacy Act to notify affected individuals and the Australian Information...more

New Mexico On the Brink of Passing Data Breach Law

On March 15, 2017, New Mexico's Senate passed H.B. 15, which would create the state's first data breach notification law. New Mexico is currently one of only three states (including Alabama and South Dakota) without a data...more

Global Privacy & Cybersecurity Update Vol. 13

On December 28, 2016, the New York Department of Financial Services ("DFS") released a revised version of a proposed regulation that would require banks, insurance companies, and other financial services institutions...more

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