A one page summary is now available to help U.S. organizations initially evaluate whether the Privacy Shield represents a viable mechanism to legitimize their transfer of personal data from the European union. The summary lists the key features and requirements of the Privacy Shield, some of which were contained in the now-invalidated EU-U.S. Safe Harbor Framework, […]
Data Protection
FTC Announces Study of PCI-DSS Assessment Companies
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). […]
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 […]