A recent story in the Wall Street Journal discusses how small businesses can push back against banks which do not provide sufficient security for their bank accounts. The article focused on the recent First Circuit decision, Patco Construction Co. v. People’s United Bank, involving a bank account that had been drained by multiple fraudulent transactions. As described by the court in its opinion:
Over seven days in May 2009,… More
The Obama Administration officially put its weight behind Sen. Lieberman’s Cybersecurity Act of 2012, with the issuance of the following Statement of Administration Policy:
STATEMENT OF ADMINISTRATION POLICY
S. 3414 – Cybersecurity Act of 2012
(Sen. Lieberman, I-CT, and 4 cosponsors)
The Administration strongly supports Senate passage of S. 3414, the Cybersecurity Act of 2012. While lacking some of the key provisions of earlier bills,… More
In the past few months, data privacy and security laws in Connecticut, Hawaii and Vermont have been updated, without much fanfare. Although these are not revolutionary changes, they are material and they raise the compliance bar.
This webinar will review the details of these legislative updates and spell out what they may mean for your organization. The program will include before and after comparisons of language, in order to highlight what firms will need to do differently under the new rules.… More