On July 10, the SEC’s Office of Compliance Inspections and Examinations (OCIE) issued a Risk Alert noting the increasing sophistication of ransomware attacks on SEC registrants and service providers to SEC registrants. The Risk Alert is notable for its encouragement of financial services market participants more broadly and not just SEC registrants to monitor CISA […]
Marking GDPR Anniversary, Peter Swire Warns About EU-US Data Transfer Challenges
On May 25, the European General Data Protection Regulation (GDPR) ended its second full year in effect. To mark the occasion, the International Association of Privacy Professionals collected expert perspectives on the impact and future of the GDPR, including an essay by Alston & Bird Senior Counsel Peter Swire. In his contribution, Swire highlights the […]
Proposed Federal Privacy Legislation Tackles COVID-19 Data
Data collection and analysis is becoming a key weapon in the fight against COVID-19 both here in the United States and around the globe. But as governments and tech companies roll out a variety of applications and contact tracing tools, legislators from both sides of the political aisle are questioning how to handle the data […]
The California Privacy Rights Act of 2020 – Key Impacts
On Monday, Alastair Mactaggart and his group, Californians for Consumer Privacy, announced its collection of over 900,000 signatures in support of its ballot initiative, a number well in excess of the approximately 620,000 required for placement on the November ballot. The initiative, called the “California Privacy Rights Act of 2020,” would amend the 2018 California […]
COVID-19 Is Not A Free Pass For Privacy And Security Compliance
In the wake of stay-at-home orders stemming from the COVID-19 pandemic, companies have rushed to provide work-from-home options for many, if not all, of their employees. As exigency fades into the new normal, however, the California Attorney General and New York’s Department of Financial Services (NYDFS) – two key privacy and security regulators – have […]