The Kingdom of Saudi Arabia (“Saudi Arabia” or the “Kingdom”) has enacted the Personal Data Protection Law (“PDPL”), the country’s first comprehensive data protection law. The PDPL was scheduled to become effective on March 23, 2022 but full implementation was recently delayed until March 17, 2023, a positive development for…
On March 25, 2022, President Biden and the President of the European Commission (“EC”) von der Leyen announced that the US and EU reached an agreement in principle on a new Trans-Atlantic Data Privacy framework for transatlantic data flows (the New Framework). The parties now need to translate the consensus…
On March 24, 2022, Utah became the fourth U.S. state to adopt consumer data privacy legislation after Utah Gov. Spencer Cox signed the Utah Consumer Privacy Act (“UCPA”). The UCPA is largely based on the Virginia Consumer Data Protection Act (“VCDPA”). It regulates how a controller (defined by the UCPA…
The International Data Transfer Agreement (“IDTA”), the long awaited mechanism for international transfers of personal data originating from the United Kingdom (“UK”), is now in force as of March 21, 2022, along with a separate addendum to the EU standard contractual clauses (“UK Addendum”). These transfer mechanisms were introduced by…
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…
As President Biden calls for stronger online privacy protections for children, Congress has been busy at work to answer the bell. On February 16, 2022, Senators Richard Blumenthal (D-CT) & Marsha Blackburn (R-TN) introduced their highly anticipated bill aimed at protecting children’s health and well-being online – the Kids Online…
Please read the full article here: The DOJ Goes Phishing: The Rise of False Claims Act Cybersecurity Litigation | Law Journal Newsletters
Introduction On 13 January 2022, the Austrian Data Protection Authority (“DSB“) ruled that the use of Google Analytics (“GA”) and the resulting export of personal data to the United States (“US”) violates the GDPR’s data export requirements. On 10 February 2022 the French data protection authority (“CNIL”) also confirmed that…
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…
On February 9, 2022, the U.S. Securities and Exchange Commission (“SEC”) proposed a package of new rules and amendments to enhance cybersecurity preparedness and improve cyber resilience of investment advisers and investment companies against cybersecurity threats and attacks. If adopted, these rules will incorporate existing SEC staff guidance on cybersecurity policies and…