On May 13, 2015, Federal Trade Commission Chairwoman Edith Ramirez announced that the FTC will host an initiative for its “Start with Security” program in September. The FTC unveiled the “Start with Security” program in March at the IAPP Global Privacy Summit. During the unveiling, FTC Bureau of Consumer Protection Director Jessica Rich stated that […]
Data Protection
Kim Peretti Quoted by CIO on Talking To Boards About Cybersecurity Risks
Kim Peretti, co-chair of the firm’s Security Incident Management & Response Team, was quoted in a CIO article on April 27 titled, “Boards are on high alert over security threats.” The risk of a cyberattack is a concern that is fast becoming omnipresent for corporate directors across industries. “It’s not just financial services firms or […]
FFIEC Issues Warnings on Malware and Cyber Attacks
The Federal Financial Institutions Examination Council (FFIEC) has issued two joint statements warning of specific cyber risks. The warnings, which were issued on March 30, 2015, address risks arising from destructive malware, which can destroy sensitive data, and cyber-attacks that compromise user credentials. In both statements, the FFIEC also provides guidance on how to mitigate […]
FTC Finalizes Order With TRUSTe On Privacy Seal Program
The Federal Trade Commission (FTC) has issued its final decision and order arising from its previously-disclosed settlement with TRUSTe stemming from the FTC’s complaint alleging that TRUSTe failed to conduct promised annual recertification of companies participating in its privacy seal program more than 1,000 times between 2006 and 2013. The complaint also alleged that TRUSTe […]
White House Releases Consumer Privacy Bill of Rights
On February 27, 2015, the Obama Administration released a discussion draft of the Consumer Privacy Bill of Rights Act of 2015 (the “Privacy Act”), holding true to President Barack Obama’s commitment in 2012 to introduce legislation to put the Privacy Act’s principles into law. The Privacy Act is intended to “establish baseline protections for individual […]