On Monday, March 7 the Federal Trade Commission (FTC) issued a press release announcing that it had issued Orders to nine Qualified Security Assessor (QSA) companies, which are certified to assess whether or not entities involved in payment card processing, such as merchants, are compliant with the Payment Card Industry Data Security Standards (PCI DSS). […]
Data Protection
IBM and Alston & Bird Webinar: Cybersecurity Preparedness and Incident Response – On a Global Basis – March 29
IBM and Alston & Bird will host a webinar on Tuesday, March 29. Security incidents are increasingly taking on a global flavor, as multi-national companies continue to expand their data footprint across the globe. At the same time, a number of countries are passing new laws and regulations regarding cybersecurity preparedness and breach notification. The […]
CFPB Brings First Enforcement Action on Data Security
On March 2, the federal Consumer Financial Protection Bureau (CFPB) for the first time brought an enforcement action related to data security. The CFPB consent order imposes a $100,000 fine and five years of regulatory oversight for online payments provider Dwolla. The action sends a clear message that the CFPB intends to actively regulate the […]
WP 29 Issues Statement on EU-U.S. Privacy Shield
On the same day that the European Commission debuted the EU-U.S. Privacy Shield, the Article 29 Working Party (WP29) issued a statement welcoming the publication of the draft “adequacy decision” of the European Commission as well as the legal texts that constitute the Privacy Shield arrangement. In accordance with its mission, WP29 said that it would […]
European Commission Debuts EU-U.S. Privacy Shield
In a development eagerly anticipated by businesses on both sides of the Atlantic, the European Commission has published the legal instruments needed to put in place the “EU-U.S. Privacy Shield” for transfers of personal data from Europe to the United States. The issued documents include a draft adequacy decision by the Commission finding that the […]