News & Analysis as of October 31, 2024

Cloud Computing

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Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk... more +

Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk management, global regulations, data protection, leaks, hacking, cyber insurance, compliance, HIPAA, and every other aspect of cybersecurity of import to corporate readers right now. less -

New EU Cyber Rules (NIS2) Take Effect; Implementing Rules Adopted

Mayer Brown on 10/21/2024

On 17 October 2024, the European Commission adopted the first Implementing Regulation under the Network and Information Security 2 Directive (EU) 2022/2555 (NIS2), focusing on digital infrastructures and services. The...more

US and EU Announce Preliminary Agreement on Data Transfers

Robins Kaplan LLP on 3/28/2022

Nearly two years after the European Union’s top court overturned a transatlantic agreement regulating data flows between the U.S. and the EU after finding American “safeguards on Europeans’ data to be insufficient,” President...more

Coalition of European Banks Calls for Model Cloud Services Terms

Morgan Lewis - Tech & Sourcing on 6/15/2021

The European Cloud User Coalition (ECUC) published a paper (the Position Paper) on May 17 recommending, among other matters, the adoption of “model clauses” for the long-term compliant use of cloud technologies....more

No Silver Linings: EDPB Issues a Grim Forecast on U.S.-Based Cloud and Data Access with New Guidance

Wyrick Robbins Yates & Ponton LLP on 11/19/2020

On November 10, 2020, the European Data Protection Board (“EDPB”) issued highly anticipated guidance intended to clarify how data exporters could legally transfer data to “third countries” under GDPR following the Schrems II...more

Financial Stability Board Publishes Reports on Implications of BigTech and Cloud Services

A&O Shearman on 12/24/2019

The Financial Stability Board has published two reports on: (i) BigTech in finance and (ii) third-party dependencies on cloud services. The reports form part of the FSB’s ongoing work to analyze structural changes within the...more

Getting The Deal Through - Cloud Computing 2020

BCLP on 11/21/2019

What kinds of cloud computing transactions take place in your jurisdiction? As a G7 economy with mature IT and related services markets, the UK is one of the most important global markets for cloud computing. According to...more

FSB Concerns Over Cloud Concentration in Financial Services Continues

Latham & Watkins LLP on 10/9/2019

The FSB is reviewing cloud provider concentration risk in the latest example of regulator concern over reliance on leading cloud providers by financial services institutions. The Financial Stability Board (FSB), an...more

Weekly Trends Report – 1/23/2019 Insights

Association of Certified E-Discovery... on 1/24/2019

Insight into where e-discovery, information governance cybersecurity, and digital transformation are heading – who is doing what now or in the future, what works and what doesn’t, and what people wish they could do but can’t...more

Digital Single Market Update: Technology Standardization in the EU - Improving European Companies’ Competitiveness in the Areas of...

Morrison & Foerster LLP on 10/22/2018

ICT standardization is a key part of the European Union’s package of measures designed to improve Europe’s competitiveness and productivity. As part of the EU’s Digital Single Market (DSM) initiative, the European Commission...more

European Businesses Offering Payment Services Told How to Manage Operational and Security Risks

Pillsbury Winthrop Shaw Pittman LLP on 1/29/2018

Payment service providers operating in the EU must take note of new risk management requirements from the European Banking Authority. The European Banking Authority’s operational and risk management guidelines apply to all...more

Cloud Security Alliance Releases Code of Conduct for GDPR Compliance

Morgan Lewis on 11/29/2017

Data owners and processors are working hard to make sure they have compliance programs in place by the time the European Union’s General Data Protection Regulation (GDPR) goes into force on May 25, 2018. To that end, a new...more

Digital Single Market: “DSM in 5 minutes” – Brochure

Hogan Lovells on 7/3/2017

In this brand-new publication, our pan-European DSM Taskforce helps you plan for the changes by providing an overview of the Commission’s Digital Single Market strategy; what the key legislative measures will bring about and...more

FinTech – A digital single market for the European financial sector?

Hogan Lovells on 4/11/2017

FinTech remains the megatrend of the European financial services industry. According to a KPMG survey, about US$36.6bn has been invested in European FinTech companies between 2010 and 2016. Key players from venture...more

Privacy and Data Security: 2017 Year in Preview

Polsinelli on 1/31/2017

Few issues keep executives awake at night more than Privacy and Data Security. New regulations and threats alike are plentiful, varied, and evolving. The rate of change for cybersecurity and information governance continues...more

"Privacy & Cybersecurity Update - October 2016"

Skadden, Arps, Slate, Meagher & Flom LLP on 11/2/2016

In this edition of our Privacy & Cybersecurity Update, we take a look at the FCC's new rules for broadband privacy, the FTC's new playbook for data breach response and notification, the NHTSA's voluntary guidance for...more

The European Union Approves First-Ever Cybersecurity Rules

King & Spalding on 7/19/2016

On July 6, 2016, after more than three years of debate, the European Parliament gave final approval to the Network and Information Security Directive. It establishes the first set of fundamental cybersecurity and breach...more

A Closer Look at Cybersecurity Legislation and Regulations in the US and Abroad - Global Overview

WilmerHale on 3/7/2016

With interconnectivity and use of digital storage expanding, cyberthreats posed by nation states, commercial competitors, company insiders, transnational organised crime and ‘hacktivists’ are growing on a global basis. Recent...more

The Digital Download - Privacy & Data Security Monthly Newsletter - January 2016

Alston & Bird on 1/11/2016

Senior Counsel Peter Swire to Debate European Privacy Activist Max Schrems. The debate, set to take place on January 26 in Brussels, will highlight key differences between certain European and U.S. attitudes towards U.S....more

Privacy & Data Security Advisory: It’s Not Just Europe: Why 2016 Cloud Vendor Management Programs Should Address Evolving Global...

Alston & Bird on 12/11/2015

2015 has seen landmark changes in privacy and cybersecurity laws and regulatory best practices. These developments have had a direct impact on cloud vendors. For example, evolving judicial and regulatory interpretations of...more

US–EU Safe Harbor – Struck Down!

Orrick, Herrington & Sutcliffe LLP on 10/7/2015

1. CJEU finds Safe Harbor Invalid - In a landmark ruling delivered today, Europe's highest court, the Court of Justice of the European Union (CJEU) declared that the EU Commission's US - EU Safe Harbour regime is...more

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