Last week the New York Department of Financial Services (the “Department”) issued letters to all its licensed financial institutions. Based on these letters (available here and here), all Department licensees must assess and plan for the financial risk of COVID-19 and, separately, develop operational plans for managing their response to the virus. The Department requires written responses “as soon as possible” but within 30 days in any case. As a result, impacted businesses should be actively … [Read more] about New York Financial Regulator Requires COVID-19 Risk Assessment, Operational Planning
California Attorney General Issues Second Round of Modifications to CCPA Regulations
At approximately 6:00 p.m. today, March 11, 2020, California Attorney General Xavier Becerra announced a second round of modifications to the draft regulations his office is preparing for the California Consumer Privacy Act (the "Draft CCPA … [Read more] about California Attorney General Issues Second Round of Modifications to CCPA Regulations
DOJ Releases Guidance On Gathering Threat Intel From The Dark Web
The Cybersecurity Unit (“CsU”) of the Computer Crime and Intellectual Property Section of the Criminal Division of the United States Department of Justice (“CCIPS”) has released its guidance on “Legal Considerations when Gathering Online Cyber Threat … [Read more] about DOJ Releases Guidance On Gathering Threat Intel From The Dark Web
High Profile Settlements, Strengthened Data Security Orders, and COPPA: The FTC’s 2019 Privacy and Data Security Update
Each year the Federal Trade Commission (the “FTC” or “Commission”) publishes a report on its activities with respect to consumer privacy and data security during the prior year. On February 25, 2020, the Commission released its 2019 Privacy and Data … [Read more] about High Profile Settlements, Strengthened Data Security Orders, and COPPA: The FTC’s 2019 Privacy and Data Security Update
FBI Releases IC3 2019 Internet Crime Report
The FBI’s Internet Crime Complaint Center (“IC3”) has released its 2019 Internet Crime Report (“Report”) on trends and statistics of suspected cybercrimes from 2019. The Report gathers data from 467,361 complaints, an increase from prior years, with … [Read more] about FBI Releases IC3 2019 Internet Crime Report