On May 6, the Office of the Privacy Commissioner of Canada (the “Commissioner”) announced mobile apps as the Global Privacy Enforcement Network’s (“GPEN’s”) focus area during the upcoming International Privacy Sweep (the “Sweep”). The Sweep will be held from May 12 to 18, 2014, involving 27 privacy enforcement authorities from around the world. The news […]
Board Governance & Cyber Risk Management
LabMD Wins Discovery Disputes Against FTC; FTC Compelled to Disclose Data Security Standards
In the latest chapter of the ongoing battle between the FTC and LabMD, Inc. (“LabMD”) about the FTC’s claim that LabMD violated the FTC Act’s Section 5 bar on “unfair” acts or practices because of its allegedly inadequate data security practices, an administrative law judge overseeing the FTC’s administrative action against LabMD recently issued two […]
FFIEC to Host Cybersecurity Webinar
On May 7, the Federal Financial Institutions Examination Council (FFIEC) will host a free webinar on cybersecurity for financial institutions, entitled Executive Leadership of Cybersecurity: What Today’s CEO Needs to Know About the Threats They Don’t See. The webinar will provide guidance to senior managers on responding effectively to “current cyber threats.” Topics include “building a […]
SEC to Examine 50 Firms in Effort to Assess Cybersecurity Preparedness of the Securities Industry
On April 15, 2014 the U.S. Securities and Exchange Commission’s (“SEC”) Office of Compliance Inspections and Examination (“OCIE”) announced that it would assess the cybersecurity preparedness of the industry as a whole by examining the practices of 50 registered broker-dealers and investment advisers. OCIE will send tailored requests for information to each selected firm; the […]
FTC Invites Public Comments on Mobile Security
On April 17, 2014, the Federal Trade Commission (“FTC”) issued a press release, announcing that the FTC is seeking public comments to explore mobile security issues. The press release refers to the mobile security forum held last year to examine the state of mobile security (the “Forum”). In the press release, the FTC invites comments from […]