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Board Governance & Cyber Risk Management

Center for Cyber & Homeland Security Issues Report on How the Private Sector Can Actively Defend Against Cyber Threats

November 29, 2016 By Privacy, Cyber & Data Strategy Team

Earlier this year, the Center for Cyber & Homeland Security at the George Washington University (“Center”) announced a new project on active defense against cyber threats. The Center  established a high-level task force to examine these issues.  The task force included prominent cybersecurity and industry experts, including Alston & Bird partner Michael Zweiback. The Task Force […]

Filed Under: Board Governance & Cyber Risk Management

EU Releases Amendments to Model Clause and Country-Whitelisting Decisions – with Good News for Companies

November 28, 2016 By Daniel Felz

Most privacy professionals are familiar with the European Court of Justice’s 2015 Schrems decision, which struck down the US-EU Safe Harbor mechanism.  One lesser-discussed aspect of the ECJ’s decision related to the powers of Data Protection Authorities (DPAs) within the EU’s Member States.  In the Schrems proceedings, the Irish Data Protection Commission argued that it […]

Filed Under: Board Governance & Cyber Risk Management, European Privacy & Cybersecurity, Privacy & Cyber Regulatory Enforcement

German DPAs to Survey Transfers in 500 Companies – with English Translation of DPA Questionnaire

November 8, 2016 By Daniel Felz

Late last week, 10 of Germany’s 17 Data Protection Authorities (DPAs) announced they are planning to send written questionnaires to approximately 500 different companies regarding international data transfers.  The following provides a brief overview of the situation, as well as an English translation of the questionnaire, for companies who are potentially affected. This summary refers […]

Filed Under: Board Governance & Cyber Risk Management, European Privacy & Cybersecurity, Privacy & Cyber Regulatory Enforcement Tagged With: Germany

Bank Regulators Issue Advanced Notice of Proposed Rulemaking on Cyber Risk Governance and Management Regulations

October 31, 2016 By Privacy, Cyber & Data Strategy Team

More regulators (apart from the FTC) are now taking note of cybersecurity issues in the financial services industry and are taking steps to protect the industry and its consumers. Earlier this year, the Consumer Financial Protection Bureau (“CFPB”) issued its first enforcement action on data security against an online payment system.   In June, the Federal […]

Filed Under: Board Governance & Cyber Risk Management, Privacy & Cyber Regulatory Enforcement Tagged With: Consumer Financial Protection Bureau (“CFPB”)

EU-U.S. Privacy Shield Faces Judicial Attack

October 31, 2016 By Privacy, Cyber & Data Strategy Team

The EU-U.S. Privacy Shield (“Privacy Shield”) is already under challenge before the European courts, after having been approved only some months ago by the European Commission (“EU Commission”). The European courts’ website records that an action for annulment has been brought by Digital Rights Ireland, the privacy and digital rights advocacy organization, before the General […]

Filed Under: Board Governance & Cyber Risk Management, European Privacy & Cybersecurity, Privacy & Cyber Regulatory Enforcement Tagged With: EU Data Protection, EU Privacy, European Union (EU)

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