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Cybersecurity

SEC Chairman Jay Clayton Announces Data Breach of SEC Systems Which May Have Led to Insider Trading

September 25, 2017 By Cara Peterman and Privacy, Cyber & Data Strategy Team

SEC Chairman Jay Clayton issued a public statement on Cybersecurity (the “Clayton Statement”) last week, disclosing a 2016 attack on the SEC’s database of corporate filings. The intrusion exploited a vulnerability in the test filing component of the EDGAR system, a document repository for disclosures from public companies and issuers, through which the intruder was […]

Filed Under: Cybersecurity, Data Breach, Digital Crimes Tagged With: Securities and Exchange Commission

FTC Announces First Privacy Shield Enforcement Actions

September 15, 2017 By Privacy, Cyber & Data Strategy Team

The Federal Trade Commission recently announced that it had settled charges against three companies alleged to have falsely claimed participation in Privacy Shield. Privacy Shield supports EU – U.S. transfers of personal data by helping U.S. companies demonstrate compliance with European Union data transfer rules. Companies participating in the program commit to meet specific program requirements […]

Filed Under: Cybersecurity, Data Protection, Enforcement, Privacy Shield

Eighth Circuit Affirms Dismissal of Scottrade Data Breach Suit

August 25, 2017 By Gavin Reinke

The United States Court of Appeals for the Eighth Circuit recently affirmed the district court’s dismissal of a putative class action brought by customers of the brokerage firm Scottrade in the wake of an alleged data breach impacting Scottrade in 2013.  The named plaintiffs had asserted several contract-based claims against Scottrade, alleging that Scottrade had […]

Filed Under: Cybersecurity, Data Breach, Data Protection, Data Security, Privacy Litigation, Security Breach Tagged With: Cybersecurity, Litigation

FTC Updates Data Security Guidance for Businesses

August 2, 2017 By Privacy, Cyber & Data Strategy Team

In June, the Federal Trade Commission released a new guide for businesses on implementing sound data security protections and procedures. In “Protecting Personal Information: A Guide For Business,” the FTC offers “10 practical lessons” based on the numerous enforcement actions brought by the FTC. The guide offers insight into the thinking of this key federal […]

Filed Under: Cyber Risk, Cybersecurity, Data Protection, Data Security, Enforcement, Online Privacy, Privacy Tagged With: Federal Trade Commission (FTC)

Alston & Bird Issues Cyber Alert on the New Chinese Cybersecurity Law and Regulations

June 27, 2017 By Privacy, Cyber & Data Strategy Team

On Monday, June 26, 2017, Alston & Bird’s Kim Peretti, Justin Hemmings, and Emily Poole issued an advisory on recent changes in Chinese Cybersecurity Law. The new law asserts greater control over all data collection and generation in China, as well as the processing of data from Chinese data subjects. While the law entered into […]

Filed Under: Cybersecurity Tagged With: Chinese Cybersecurity Law

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Recent Posts

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