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Data Protection

SEC Settles Enforcement Actions with Broker-Dealers and Investment Advisors for Identity Protection Deficiencies

August 1, 2022 By Alysa Austin and Kate Hanniford

On July 27, 2022, the Securities and Exchange Commission (SEC) separately settled three enforcement actions with broker-dealers and investment advisers for alleged deficiencies relating to the prevention of customer identity theft, in violation of the SEC’s Identity Theft Red Flags Rule, or Regulation S-ID. Regulation S-ID requires registered financial institutions, broker dealers, and investment advisers […]

Filed Under: Cybersecurity, Data Protection, Financial Privacy Tagged With: cybersecurity, Data Protection, Identity Theft, Regulatory Enforcement, Securities and Exchange Commission

UK Information Commissioner’s Office Issues Warning on Ransomware Payments

July 13, 2022 By Paul Greaves

On July 8, 2022, the UK Information Commissioner’s Office (UK ICO) together with the UK National Cyber Security Centre (NCSC), published a joint letter asking the Law Society of England & Wales to remind its members that they should not advise clients to pay ransomware demands should they fall victim to a cyber-attack. The Law […]

Filed Under: Cybersecurity, Data Breach, Data Protection, Data Security, Enforcement, Privacy, Regulation Tagged With: cybersecurity, Data Breach Notification, ransomware, Regulatory Enforcement, UK data protection, UK GDPR

Maryland Amends Data Breach and Reasonable Security Requirements

July 5, 2022 By Kim Peretti, Kate Hanniford and Lance Taubin

Maryland recently passed House Bill 962, amending Maryland’s Personal Information Protection Act (PIPA) (Md. Code Ann. Comm. Law 14-3504). As summarized below, House Bill 962 amends certain aspects of PIPA relating to breach notification and maintaining reasonable security measures to protect personal information. The bill becomes effective October 1, 2022. Reasonable Security: Beginning October 1, […]

Filed Under: Data Breach, Data Protection, Data Security, Security Breach

Belgian Supervisory Authority Sanctions News Media Company for Violating Cookie Rules

May 30, 2022 By Wim Nauwelaerts

On May 25th, the Belgian Supervisory Authority (“GBA”) announced that it had imposed a fine of EUR 50,000 on a Belgium-based news media company for using cookies on its websites without complying with applicable cookie law requirements. The GBA decided to sanction the company mainly because although the company had obtained consent from website visitors […]

Filed Under: Belgium, Data Protection, International

EDPB Issues Draft Guidelines on the Calculation of Administrative Fines

May 19, 2022 By Yung Shin Van Der Sype and Paul Greaves

On May 16, 2022, the European Data Protection Board (‘EDPB’) published draft regulatory guidelines (‘draft guidance’) on the calculation of administrative fines for infringements of the EU General Data Protection Regulation (‘GDPR’). In the draft guidance, the EDPB sets out its methodology, consisting of five steps, for calculating administrative fines. The EDPB adopted these guidelines […]

Filed Under: Data Breach Litigation, Data Protection, GDPR, Privacy, Privacy Litigation, Security Breach Tagged With: Cross-border, Data Breach Notification, EU Data Protection, GDPR, Privacy, Regulatory Enforcement

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