According to recent media reports there have been several instances of blockchain bridges being hacked this year, including reports on August 2 that a bridge lost close to $200 million to upwards of 40 hackers who exploited a bug in its protocol, and reports in June that another bridge lost $100 million from hackers allegedly […]
Privacy & Cyber Regulatory Enforcement
Germany’s Cyber Threat Landscape – Top 3 Lessons from the BKA Situation Report
Germany boasts one of the world’s largest, most sophisticated, and international economies. Companies doing business in Germany are thus an increasingly relevant target for cyberattacks. Germany‘s Federal Criminal Police Office (Bundeskriminalamt or BKA) is the federal law enforcement agency charged with investigating cybercrime, and for coordinating federal-state cooperation in cybercrime matters. The BKA recently published […]
CPPA Board Opposes American Data Privacy and Protection Act
On July 28, 2022, the California Privacy Protection Agency Board held a special public meeting to discuss state law preemption in the American Data Privacy and Protection Act (ADPPA). ADPPA, as currently drafted, preempts much of the California Consumer Privacy Act (CCPA), as amended by the California Privacy Rights Act (CPRA). The Board moved to […]
UK Information Commissioner’s Office Issues Warning on Ransomware Payments
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 […]
CPPA Formal Rulemaking Began on July 8, 2022
On July 8, 2022, the California Privacy Protection Agency (the “CPPA” or “Agency”) began the formal rulemaking process to adopt regulations implementing the amendments to the California Consumer Privacy Act (the “CCPA”) introduced by the California Privacy Rights Act (the “CPRA”). The “Proposed CCPA Regulations” (the “Proposed Regulations” or “Regulations”) were originally released by the […]