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Update: FTC Amendments to the Safeguards Rule and Request for Comment on Proposed Reporting Requirement Published to the Federal Register

December 15, 2021 By Kim Peretti, Kathleen Benway, Kate Hanniford and Kristen Bartolotta

As an update to prior coverage of the FTC’s final revisions to the Gramm-Leach-Bliley Safeguards Rule (Final Rule), following its publication in the Federal Register on December 9, 2021, the Final Rule now will take effect on January 8, 2022, 30 days … [Read more] about Update: FTC Amendments to the Safeguards Rule and Request for Comment on Proposed Reporting Requirement Published to the Federal Register

Filed Under: Cyber Risk, Cybersecurity, Data Security, Enforcement

NYDFS Issues Guidance on Multi-Factor Authentication

December 14, 2021 By Kim Peretti, Kate Hanniford and Kristen Bartolotta

The New York Department of Financial Services (NYDFS) continues to refine its position regarding the importance of and requirements regarding Multi-Factor Authentication (MFA), as evidenced most recently with the release of new guidance. This new … [Read more] about NYDFS Issues Guidance on Multi-Factor Authentication

Filed Under: Cybersecurity, Data Protection, Data Security, Enforcement, NYDFS Tagged With: Cybersecurity

CISA Issues Statement on Log4j Critical Vulnerability

December 13, 2021 By Kim Peretti

Log4j is a java-based tool from Apache’s open source library used for parsing logs that never seems to have made headlines before this past weekend.  Now, following the December 9th public announcement of a vulnerability in this tool, public and … [Read more] about CISA Issues Statement on Log4j Critical Vulnerability

Filed Under: Cyber Risk, Cybercrime, Cybersecurity, Security Breach Tagged With: CISA, Cybersecurity, Log4j, Vulnerability

The Cybersecurity Incident Reporting Requirements Fail in the Latest Version of the National Defense Authorization Act

December 9, 2021 By Kim Peretti and Lance Taubin

On December 7, 2021, the House of Representatives passed the National Defense Authorization Act for Fiscal Year 2022 (NDAA), which notably excluded any cybersecurity incident reporting requirements. In September, the House approved a previous version … [Read more] about The Cybersecurity Incident Reporting Requirements Fail in the Latest Version of the National Defense Authorization Act

Filed Under: Cybersecurity, Data Breach, Ransomware, Security Breach

China’s Initial Draft Regulations on the Management of Online Data Security: Important Takeaways

December 2, 2021 By Kim Peretti, Yin Tydir and Lance Taubin

Chinese Flag & Data privacy symbol

  On November 14, 2021, the Cyberspace Administration of China (CAC) released draft Regulations on the Management of Online Data Security (the “Regulations”) for China’s data privacy and security laws, including the Cybersecurity Law … [Read more] about China’s Initial Draft Regulations on the Management of Online Data Security: Important Takeaways

Filed Under: China, Cybersecurity, Data Breach, Data Protection, Data Security, Privacy

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