News & Analysis as of

Encryption Data Breach Incident Response Plans

Constangy, Brooks, Smith & Prophete, LLP

NY-licensed financial services companies must harden incident response plans, improve breach readiness by November 1

New York’s Cybersecurity Regulation continues its phased roll-out on November 1, when licensed financial services companies face a host of new requirements aimed at bolstering breach readiness and improving their ability to...more

Epiq

The Importance of Data Security in Bankruptcy Claims

Epiq on

Data security is a major concern across virtually all areas of the legal profession particularly in 2024 thanks in part to a record-breaking number of cyber incidents last year that cost companies an average of $4.45 million...more

Fisher Phillips

Ransomware Costs Businesses Record-High $1 Billion in 2023: Your 5-Step Plan to Prevent Attacks in 2024

Fisher Phillips on

2023 was the most devastating year yet for ransomware attacks, with businesses forking over $1 billion in ransom payments for the first time ever – and 2024 is expected to be even worse. Beyond the payments, the average cost...more

Cozen O'Connor

FTC Settles with CafePress Over Data Security Breaches

Cozen O'Connor on

The FTC has reached a settlement with Residual Pumpkin Entity, LLC and PlanetArt, LLC—the former and current owners of online merchandise platform CafePress (collectively, “CafePress”)—to resolve allegations that CafePress...more

Faegre Drinker Biddle & Reath LLP

October is National Cybersecurity Awareness Month

October is National Cybersecurity Awareness Month (NCAM). NCAM serves as a timely reminder to continue to assess and improve organizational cybersecurity. In honor of NCAM, here are five fundamental steps that every...more

Morrison & Foerster LLP - Social Media

N.Y.’s New Cybersecurity Regulations: What Financial Services Companies Need to Know

With corporate data security breaches on the rise, the New York State Department of Financial Services (NYDFS) has adopted rules requiring financial institutions to take certain measures to safeguard their data and inform...more

Davis Wright Tremaine LLP

Tennessee Gives Businesses 45 Days for Data Breach Notice

Recent amendments to the State’s data breach statute give a hard deadline for a business to provide consumer notice, removes encryption safe harbor, exempts entities that are subject to the Health Insurance Portability and...more

Baker Donelson

Important Notice Regarding Amendments to Tennessee's Breach Notification Statute

Baker Donelson on

All companies with Tennessee employees or customers need to revise their data incident policies and procedures. Tennessee has revised their breach notification statute to remove the encryption safe harbor, which previously...more

Davis Wright Tremaine LLP

California Beefs Up Encryption & Notice in Data Breach Law

On October 8, 2015, California Governor Jerry Brown signed A.B. 964 and S.B. 570 into law, a pair of bills that amended the Golden State’s data breach notification statute (Ca. Civ. Code § 1798.82). The amendments...more

Orrick, Herrington & Sutcliffe LLP

California Updates its Data Breach Notice Statute (Again)—What You Need to Know

On October 6, California Governor Jerry Brown signed legislation updating California’s data breach notice statute for the third time in three years.  The news was quickly overshadowed by the CJEU’s decision invalidating the...more

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