Tag Archives: data breach

New York’s “First in the Nation” Financial-Sector Cybersecurity Regulations Put on Hold

In late December, New York’s Financial Services Superintendent Maria T. Vullo announced that the New York’s Department of Financial Services’ (“DFS”) new cybersecurity regulations would not go into effect on January 1, 2017 as initially planned.  These “first-in-the-nation” cybersecurity regulations were designed to help protect consumers and the financial system from the increasingly serious threat of cyberattacks.  However, the regulations faced opposition from the financial services companies and insurers that would have been subject to them.… More

Cybersecurity 2017 – The Year in Preview: Changes Afoot in Federal Enforcement?

Editor’s note:  This is the sixth and last in our end-of-year series.  See our previous posts on trade secretsstate regulation and law enforcement, HIPAA compliance, emerging threats, and energy.  See you in 2017!

Fragmentation in U.S. data privacy and cybersecurity law is both peril and promise.  The peril?  Businesses must contend with uncertainty and the costs associated with pleasing many regulatory masters. … More

Cybersecurity 2017 – The Year In Preview: The Changing Face of State Law and Enforcement

Editor’s Note:  This is the second in a continuing end-of-year series.  Stay tuned for our next installment, discussing HIPAA compliance.

In the patchwork of state and federal law regulating the use and maintenance of personal confidential information, states play a significant role and can often be the most important regulator and law enforcement authority.  Recent events have signaled changes in how states interpret and enforce their data privacy standards —… More

Cybersecurity 2017 – The Year In Preview: Trade Secret Theft Takes Center Stage

Editor’s Note:  This is the first of an end-of-year series of posts examining coming trends in cybersecurity.  Posts will examine trends in state regulations, federal regulatory authority, the changing nature of the threat landscape, and HIPAA.  This post discusses a shift in concern from personal consumer information toward company trade secrets.

When it comes to the issue of data privacy and security, especially among lawyers, the discussion generally concerns personally identifiable information. … More

Data Breaches, Media Relations, and the Bottom Line

Data breaches are crisis moments that businesses must prepare for in many ways: not just in taking steps at prevention, but also mitigating losses, arranging for business continuity, complying with legal and regulatory requirements, and communicating adequately with customers. Waiting to think about such issues when a data breach occurs can increase costs (including the costs associated with the time needed to restore normal business operations) and harm a company’s reputation.… More

Five Tips to Help Companies Protect Themselves from Data Breaches

Hand press on Shopping Cart iconWith every swipe of a credit card this holiday season, consumers put their faith in the companies that process and store their information. Yet, it is no secret that data breaches are on the rise, hitting companies large and small. Massive data breaches recently struck Target and Home Depot, to just name a few, and these two breaches alone affected hundreds of millions of consumers and cost the companies hundreds of millions of dollars.… More