On December 7, 2015, after more than two years of legislative consideration, the European Parliament and the European Council reached a political agreement concerning the Directive on Network and Information Security (“NIS Directive”). Under the NIS … [Read more] about EU Institutions Reach Agreement on First Pan-European Legislation on Cybersecurity
FTC and Wyndham Settle Data Security Allegations
On December 9, 2015, the Federal Trade Commission announced that Wyndham Worldwide Corp., Wyndham Hotel Group LLC, Wyndham Hotels and Resorts, LLC, and Wyndham Hotel Management, Inc. (“Wyndham”) had agreed to settle FTC charges that the company’s … [Read more] about FTC and Wyndham Settle Data Security Allegations
FTC and FCC Sign Consumer Protection MOU
Since 2014, the Federal Communications Commission (FCC) has engaged in an increasing number of privacy and data security enforcement actions. The scope of the Commission’s jurisdiction over carriers has also dramatically increased – at least … [Read more] about FTC and FCC Sign Consumer Protection MOU
Moody’s Identifies Cyber Risk As Key Factor in Credit Ratings
In a report released November 23, Moody’s Investors Service announced that the implications of cyber threats could start taking a higher priority in its credit analysis. Moody's said it views cyber threats as similar to other extraordinary event … [Read more] about Moody’s Identifies Cyber Risk As Key Factor in Credit Ratings
FTC’s Ability to Regulate Data Security Potentially Limited in FTC v. LabMD
A November 13, 2015 decision from the Federal Trade Commission’s Chief Administrative Law Judge, D. Michael Chappell, calls into question FTC enforcement in the data privacy space. The case began when the FTC filed a complaint on August 28, 2013 … [Read more] about FTC’s Ability to Regulate Data Security Potentially Limited in FTC v. LabMD