On July 7, Colorado became the third state behind California and Virginia to adopt a comprehensive privacy law when Governor Jared Polis signed the Colorado Privacy Act into law. The CPA contains many similarities to the Virginia Consumer Data Protection Act (VCDPA) and the California Consumer Privacy Act, as amended by the California Privacy Rights […]
Board Governance & Cyber Risk Management
People’s Republic of China Passes the Data Security Law: A Summary of What We Know
On June 10, 2021, almost exactly three years after the passing of its Cybersecurity Law (CSL), the National People’s Congress of China passed a new Data Security Law (DSL) (click here for an unofficial English translation of the DSL), which goes into effect September 1, 2021. Where the CSL is primarily focused on cybersecurity […]
NYDFS Issues Guidance on Cybersecurity Controls to Combat Ransomware and Clarifies Reporting Obligations
The New York Department of Financial Services (NYDFS) issued new guidance this week intended to assist organizations in thwarting ransomware attacks. The guidance clarifies the NYDFS’ expectation that NYDFS-regulated companies should “implement these controls whenever possible” and report any successful deployment of ransomware or unauthorized access to privilege accounts to the NYDFS under its established […]
Alston & Bird Publishes FAQs – Standard Contractual Clauses for Controllers and Processors in the EU/EEA
Our Privacy, Cyber & Data Strategy Team answers five questions about the standard contractual clauses that aim to ensure compliance with Articles 28(3) and (4) of the General Data Protection Regulation: Are controllers and processors obliged to use the Article 28 clauses for their data processing agreements? Do the Article 28 clauses ensure compliance with […]
SEC Settles Enforcement Action for Disclosure Controls Violations Stemming from Data Security Incident
The SEC has settled an enforcement action against a large title insurer in connection with public statements and disclosures made by the company in May 2019 relating to a data security incident. The underlying data security incident was the subject of the first set of charges brought by the New York Department of Financial Services […]