Rich Willis, partner in the Financial Services & Products Group, and Laura K. Song, associate in the Privacy & Data Security Team, co-authored the Bloomberg BNA article “Data Localization Poses Challenges for Payments Industry and Innovation.” In the article, Willis and Song discuss the different jurisdictional approaches to data localization and the impacts faced by those in the payments industry. With the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act of 2018 (CCPA), data privacy has been the focus of recent attention but the article addresses why [...] Read more
Binding corporate rules (BCRs) are a legally recognized mechanism that facilitate intra-group transfers of personal data from the European Economic Area (EEA) to the rest of the world. Adopting BCRs not only allows for the free flow of information across an organization but also builds a strong digital culture which is crucial in this data intensive world. On Nov. 7th at 1-2 pm ET, join partners Jan Dhont and Jim Harvey, and senior counsel Peter Swire in an engaging discussion on the evolution of BCRs, the path to BCRs (including the application process), and the realities of embedding the elements […] Read more
Alston & Bird recently issued an advisory entitled, “Applying GDPR Process Lessons to the CCPA,” authored by Jim Harvey and Karen Sanzaro. The recently and hastily adopted California Consumer Privacy Act of 2018 (CCPA) has already been compared to the General Data Protection Act (GDPR), though the two greatly differ in scope and content. However, there are valuable insights to glean from the GDPR adoption process that can give companies a heads start on implementing the CCPA. The advisory examines these five lessons from which companies can learn:
Leadership and multidisciplinary [...] Read more
September 4, 2018 marks the end of the transitional period for covered entities to comply with several key provisions of the NYDFS Cybersecurity Requirements that require certain systemic and sustained measures. These provisions include the encryption and audit trail requirements as well as ones relating to the implementation of monitoring policies, procedures, and controls, application security, and data retention limitations.
Encryption (500.15): The regulation requires covered entities to encrypt Nonpublic Information held or transmitted by a covered entity both in transit over external [...] Read more
On Friday, the Consumer Financial Protection Bureau announced its “finalized amendments” to Regulation P, an implementing regulation of the federal financial Gramm Leach Bliley Act. Regulation P governs the provision of privacy notices for covered financial institutions. In response to legislation passed by Congress in late 2015, the final rule issued Friday permits financial institutions to avoid providing annual privacy notices to customers in certain circumstances. In addition, in cases where the annual notice requirement remains, the final rule permits financial institutions additional [...] Read more
Following our June 4 and July 2, 2018 blog posts tracking California's November 2018 ballot measure turned hastily enacted new California privacy law titled The California Consumer Privacy Act of 2018 (CCPA), Alston & Bird's Privacy & Data Security Group released a more detailed "first look" review of California’s sweeping new law. The advisory provides an overview of the new law, which establishes an array of privacy rights for state residents and worries for businesses nationwide, and concludes with key initial takeaways for business.
Read the advisory here. [...] Read more
Following a two-year grace period, EU General Data Protection Regulation (GDPR) entered into force on May 25, 2018. For many companies, preparing for the GDPR was a multi-year project involving multiple teams and input or assistance from across the organization. On this blog, we have outlined the items we have seen as particularly time- or resource-intensive.
On June 29, 2018, the Data Protection Authority (DPA) of the German state of Lower Saxony (Niedersachsen) announced it would be surveying GDPR compliance among companies under its jurisdiction. Germany has 16 state-run DPAs with general [...] Read more
With the entry into application of the GDPR on May 25, 2018, the EU Member States were expected to have adopted national legislation implementing the regulation. To date, however, only 30% of Member States have effectively passed legislation, which still leaves the legal landscape to be precarious. The GDPR allows for deviations and specifications in several areas, for instance to introduce specific conditions or limitations for the processing of biometric, genetic, or health data; to create specific protection regimes for employee data; or to restrict the rights the GDPR grants to individuals. [...] Read more
Shortly after the GDPR’s entry into application on May 25, 2018, several EU Supervisory Authorities have activated online Data Protection Officer (“DPO”) notification tools, allowing organizations to communicate the contact details of their DPO to the Supervisory Authorities, which is a requirement under Article 37 GDPR.
While the DPO Guidelines of the Article 29 Working Party (“WP29”; replaced by the European Data Protection Board, “EDPB”) do not emphasize the requirement to notify DPOs, Supervisory Authorities (“SAs”) view these notifications as important, and have made available [...] Read more
The GDPR entered into force on May 25, 2018. One of the GDPR’s core going-forward obligations is the duty to conduct Data Protection Impact Assessments (DPIAs) over processing activities that create a “high risk” to individuals’ privacy. DPIAs constitute an important aspect of GDPR compliance, as they arguably replace the notifications of processing systems and activities to European Data Protection Authorities (DPAs) which pre-GDPR privacy law often obligated companies to make. Instead of notifying DPAs, the GDPR now requires companies to internally conduct DPIAs that document “high [...] Read more
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