News & Analysis as of

Sensitive Personal Information Incident Response Plans

Royer Cooper Cohen Braunfeld LLC

Tech Moves Fast, the SEC is Trying to Keep Up

On May 16, the Securities and Exchange Commission (“SEC”) announced the adoption of amendments to Regulation S-P, aimed at modernizing and enhancing the rules governing the treatment of consumers’ nonpublic personal...more

Epiq

The Importance of Data Security in Bankruptcy Claims

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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

Stark & Stark

Understanding the Enhanced Regulation S-P Requirements

Stark & Stark on

On May 16, 2024, the Securities and Exchange Commission adopted amendments to Regulation S-P, the regulation that governs the treatment of nonpublic personal information about consumers by certain financial institutions....more

Spilman Thomas & Battle, PLLC

Decoded - Technology Law Insights, V 5, Issue 5, June 2024

We are pleased to announce that several of the firm’s practice groups and attorneys were recognized in the 2024 edition of Chambers USA, a directory of leading law firms and attorneys. Chambers and Partners annually...more

WilmerHale

SEC Modernizes Data Protection Rules for Safeguarding Customer Information

WilmerHale on

Last month, the Securities and Exchange Commission (the SEC or the Commission) unanimously voted to adopt amendments to Regulation S-P (Reg S-P), which is the SEC’s regulation governing the treatment and safeguarding of...more

Dorsey & Whitney LLP

SEC Adopts Amendments to Expand the Requirements of Regulation S-P for Registered Investment Advisers and Broker-Dealers

Dorsey & Whitney LLP on

On May 16, 2024, the SEC adopted amendments (the “Amendments”) to Regulation S-P to require SEC-registered investment advisers and broker-dealers (collectively, “Covered Institutions”) to develop, implement, and maintain...more

Morrison & Foerster LLP

U.S. SEC Adopts Amendments to Reg S-P

On May 16, 2024, the SEC adopted amendments to Regulation S-P (“Reg S-P”). The finalized amendments (the “Amendments”) to Reg S-P are designed to address the expanded use of technology and corresponding risks that have...more

Guidepost Solutions LLC

Cyber Bullets for Small Law Firms

In our rapidly evolving digital landscape, all organizations are facing an onslaught of cybersecurity threats. According to recent research, victims of cyber attacks paid out a record $1.1 billion last year and have already...more

BCLP

Pressure-Testing Your Privacy Program for 2024

BCLP on

With the onslaught of new privacy legislation and cyber threats coupled with upticks in enforcement, running a well-functioning and flexible privacy program is now, more than ever, a critical component of an organization’s...more

Hudson Cook, LLP

Data Security Déjà Vu: FTC Finalizes Notification Event Amendment to Safeguards Rule

Hudson Cook, LLP on

Does anyone else feel like Bill Murray in Groundhog Day, where his character keeps experiencing the same day over and over and over again? It seems like the Federal Trade Commission just amended the Safeguards Rule yesterday,...more

Goodwin

SEC to Impose Significant New Privacy and Cybersecurity Rules for BDs, RIAs, TAs, and Mutual Funds

Goodwin on

The SEC continues its overhaul of cybersecurity, cyber incident reporting, and privacy controls and requirements for industry registrants, their services providers, and corporate America generally. On March 15, 2023, the SEC...more

Paul Hastings LLP

Key Takeaways at This Year’s IAPP Global Privacy Summit

Paul Hastings LLP on

Paul Hastings attended the 2023 Global Privacy Summit (GPS) hosted by the International Association of Privacy Professionals (IAPP). Privacy professionals from all over the world gathered in Washington, D.C. to learn about...more

Holland & Knight LLP

Changing of the Guard? SEC Proposes Significant Amendments to the Safeguards Rule

Holland & Knight LLP on

The SEC continued its recent onslaught of proposed cybersecurity rules in mid-March with three new proposals covering a litany of entities, including investment advisers, broker-dealers, investment companies, clearing...more

Fisher Phillips

10 Ways Gig Economy Companies Can Protect Sensitive Customer and Worker Data

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A recent blog post by the leader of a cybersecurity platform provides a suggestion as to how gig economy companies can protect all the sensitive data they accumulate – and we can add a few more items to that checklist. Arti...more

Pillsbury Winthrop Shaw Pittman LLP

Increasing Markets for Sports Betting Could Lead to Cybersecurity and Data Privacy Risks for Companies and Consumers

Providers of sports betting services must ensure that their cybersecurity protocols and data privacy policies adequately protect their systems and users. Since the Supreme Court struck down the federal ban on sports gambling...more

Fisher Phillips

In the World of Ransomware Attacks, Déjà Vu Seems to be the New Normal for Employers

Fisher Phillips on

Pick the date and news publication. After a few flips of the pages (or a scroll of the mouse), you’ll no doubt find an article about “ABC Company” reeling from a ransomware attack. This proliferation of cyberattacks is all...more

Bracewell LLP

Adding Insult to Injury - Texas Creates Cyber Wall of Shame

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This week Texas Governor Greg Abbott signed into law HB 3746, which amends the state’s data breach notification statute. Following states like Maine, California, and Washington, HB 3746 requires the Texas Attorney General...more

Society of Corporate Compliance and Ethics...

FIRST releases ethics code for incident response and security teams

ethikos 34, no. 12 (December 2020) - The Forum of Incident Response and Security Teams (FIRST) released its code, “Ethics for Incident Response and Security Teams,” a document that informs teams in the computing industry...more

Fisher Phillips

Not If But When: Cybercrime Targets Telework

Fisher Phillips on

As a result of the COVID-19 pandemic, millions of Americans have deserted the physical workplace. Modern technology and remote access capabilities have made it possible to transform almost any job to a telework position. As...more

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