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Data Breach

SEC Announces Its First Enforcement Action Over Cyber-related Disclosures

April 27, 2018 By Cara Peterman

The Securities and Exchange Commission’s $35 million settlement with Altaba Inc., the successor in interest to Yahoo! Inc., is the first civil penalty of its kind for a data breach and underscores the agency’s increasing focus on public companies’ cybersecurity disclosure obligations. A cross-practice team from our Securities Litigation and Cybersecurity Preparedness & Response groups […]

Filed Under: Advisories, Cybersecurity, Data Breach, Enforcement Tagged With: Data Breach Notification, Regulatory Enforcement, Securities and Exchange Commission

Seventh Circuit Affirms Dismissal of Schnuck Markets Data Breach Lawsuit

April 24, 2018 By Ashley Miller

The United States Court of Appeals for the Seventh Circuit recently affirmed the dismissal of a putative class action brought by financial institutions against Schnuck Markets, Inc., following a data breach impacting Schnuck beginning late 2012. The plaintiffs attempted to assert claims of negligence, negligence per se, various contract claims, and violation of Illinois consumer […]

Filed Under: Cybersecurity, Data Breach, Data Security, Privacy Litigation, Security Breach Tagged With: Class Action, Litigation, US State Law

SEC Adopts Statement and Interpretive Guidance on Public Company Cybersecurity Disclosures

February 23, 2018 By Cara Peterman

The Securities and Exchange Commission (SEC) issued a press release announcing its unanimous approval of a statement by SEC Chairman Jay Clayton and interpretive guidance (the “2018 Guidance”) to assist public companies in preparing disclosures about cybersecurity risks and incidents. This is the first interpretive guidance published by the full Commission on the topic of […]

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

Lenovo Wins Second Motion to Dismiss in Adware Class Action

February 2, 2018 By Gavin Reinke

By Jay Repko A California district court recently dismissed—for the second time—consumer claims that technology giant Lenovo Inc. violated New York’s Deceptive Acts and Practices Statute by selling laptops with preinstalled VisualDiscovery software that allegedly invades users’ privacy and exposes users to security breaches.  In reaching this decision, Judge Haywood S. Gilliam, Jr. concluded that […]

Filed Under: Cybersecurity, Data Breach, Data Security, Online Privacy, Privacy, Privacy Litigation Tagged With: Class Action, cybersecurity, Litigation, US State Law

Data Protection Litigation to Become a New Reality in Belgium

December 22, 2017 By Privacy & Data Security Team

On November 16, 2017 the Belgian Senate adopted an “Act on the Establishment of the Data Protection Authority” (the “Act”). Following Austria, Germany, and the UK, Belgium is the fourth EU Member State to pass a domestic statute implementing the General Data Protection Regulation 2016/679 (“GDPR”) prior to its effective date of 25 May 2018. […]

Filed Under: Advisories, Data Breach, Data Protection, Data Security, Enforcement, GDPR, Legislation, Online Privacy, Privacy, Privacy Litigation, Regulation Tagged With: Class Action, Cross-border, EU Data Protection, EU Privacy, EU Regulation, European Union (EU), GDPR, GDPR Implementation, Litigation, Regulatory Enforcement

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