Search Results: Cybersecurity Preparedness & Response

October Cybersecurity Awareness Month Closes Out With Notable Changes in U.S. Regulation: New FTC Safeguards and NYDFS Cybersecurity Requirements Revealed

The cybersecurity world is ablaze as recent developments demonstrate an increased expectation of accountability and competence in the space. This trend is unsurprising given high-profile cyber-attacks coupled with advances in artificial intelligence (AI).  In fact, days after releasing the Administration’s Executive Order on the Safe, Secure, and Trustworthy Development and…

Read More

EU/UK Privacy & Cybersecurity News Roundup - Week of October 30, 2023

Case Law Updates and Fines On May 29, 2023, the Hellenic Data Protection Authority (HDPA) published Decision No. 20/2023, in which it fined WIND Hellas Telecommunications S.A. (now NOVA Telecommunications & Media Monoprosopi SA) €150,000, for violations of the General Data Protection Regulation (GDPR), following a complaint. You can read the press release here and the…

Read More

States Look to Strengthen Protections for Consumer Health Data Post-Dobbs

The Supreme Court’s ruling in the Dobbs Decision, which overturned Roe v. Wade and Casey v. Planned Parenthood and eliminated the constitutional right to an abortion, permitted states to regulate access to abortion services. Since the Supreme Court issued its opinion on June 24, 2022, privacy, consumer and reproductive health…

Read More

6 Predictions, 6 Attorneys - Goodwin's 2023 Data, Privacy & Cybersecurity Outlook

In honor of Data Privacy Week, and as we kick off 2023, many of us are wondering what this year’s hot topics and trends will be in the privacy and cybersecurity sector. How will the new Privacy Shield in the EU and UK affect data regulation? How will state privacy…

Read More

New Swiss Data Protection Law Will Become Effective September 1st, 2023 – What You Need to Know

On September 25, 2020, the Swiss Parliament approved revisions to Switzerland’s data protection law, the Federal Act on Data Protection of June 19, 1992 or FADP (“Revised FADP”). On August 31, 2022, the Swiss Federal Council decided that the Revised FADP will be brought into force on September 1st, 2023…

Read More

NYDFS Escalates and Expands Cybersecurity Enforcement

On October 18, 2022, the New York Department of Financial Services (“NYDFS”) announced the execution of its sixth consent order for alleged violations of Cybersecurity Regulation, Part 500 of Title 23 of the New York Codes, Rules, and Regulations (“Part 500”).  This latest settlement imposes a $4.5 million fine on…

Read More

Tech Companies Need to Prepare for the Data Privacy Implications of Dobbs v. Jackson Women’s Health Organization

In overturning Roe v. Wade and eliminating the constitutional right to abortion in the U.S., Dobbs v. Jackson Women’s Health Organization has caused a seismic shift in constitutional jurisprudence. The Dobbs ruling and the legislation criminalizing abortion that has followed in a number of states threaten to alter numerous dimensions…

Read More

New Federal Law Mandates Cyber Incident and Ransomware Payment Reporting for Critical Infrastructure Industries

After years of lengthy debates, Congress passed and the President signed into law a bipartisan bill requiring entities in sectors deemed to constitute “critical infrastructure” to report certain cyber incidents and ransomware payments. Currently, companies may and often do voluntarily report cyber incidents to the FBI or other federal agencies,…

Read More

SEC Proposes Expanded and Accelerated Cybersecurity Disclosure by Public Companies

As a significant step in its ongoing initiatives on the disclosure, management and oversight of cybersecurity risks and incidents, on March 9, 2022 the U.S. Securities and Exchange Commission (SEC) proposed new rules that would significantly increase cyber-related disclosures by public operating companies. The proposed rules would: Require disclosure in Form 10-Q…

Read More

SEC Focus on Cybersecurity Begins To Take Shape

The U.S. Securities and Exchange Commission is implementing a campaign to overhaul the agency’s expectations around cybersecurity and cyber incident reporting for the financial services industry and corporate America generally. For example, in a recent speech, Chairman Gensler reiterated his focus on cybersecurity and underscored the SEC’s work to “improve…

Read More