Balancing cybersecurity incident disclosures has been a challenge for those in the trenches for years. That has not changed, and recent regulatory activity should not alter the challenges breach counsel confront. In short,...more
12/15/2023
/ Cybersecurity ,
Data Breach ,
Data Protection ,
Federal Breach Notification Standard ,
Financial Institutions ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Healthcare ,
NYDFS ,
Popular ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
State Data Breach Notification Statutes
Synopsis: While certain industries have been able to navigate the explosion of privacy laws in recent times through express statutory exemptions or exceptions (often due to other regulatory regimes being in place, such as the...more
3/6/2023
/ Biometric Information ,
Biometric Information Privacy Act ,
Data Collection ,
Data Privacy ,
Financial Institutions ,
GLBA Privacy ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Healthcare ,
Information Technology ,
State Privacy Laws ,
Vendors
On November 18, the Office of the Comptroller of the Currency, the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) adopted a rule that will require banking organizations and their bank service providers...more
In late October, the Consumer Financial Protection Bureau (CFPB) sent a shot across the bow at Big Tech’s use of consumer payments data. While much of the industry has focused on the impact on Big Tech, some lenders, lead...more
11/5/2021
/ Big Tech ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Information ,
Data Brokers ,
Data Management ,
Data-Sharing ,
Financial Institutions ,
Financial Services Industry ,
Payment Systems ,
Popular ,
Third-Party Service Provider