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EU Announces First Sanctions under EU Cyber Sanctions Regime

July 31, 2020 By Privacy, Cyber & Data Strategy Team

On July 30, 2020, the European Council announced sanctions against six individuals and three organizations for their involvement in a series of cyber-attacks that have caused significant damage in the EU and around the world over the last several … [Read more] about EU Announces First Sanctions under EU Cyber Sanctions Regime

Filed Under: Cybercrime, Cybersecurity, Data Security, Enforcement, International, National Security Tagged With: APT10, China, Cybersecurity, European Union (EU), North Korea, Russia, Sanctions, Sandworm

SEC Creates Event and Emerging Risk Examination Team

July 28, 2020 By Kate Hanniford

Following OCIE’s recent and detailed risk alert regarding the threat of ransomware, the SEC today announced that it has created the Event and Emerging Risk Examination Team (EERT) as a part of the Office of Compliance Inspections and Examinations … [Read more] about SEC Creates Event and Emerging Risk Examination Team

Filed Under: Cyber Risk, Cybersecurity

The NYDFS Brings First Enforcement Action under the Cybersecurity Regulation

July 27, 2020 By Kim Peretti and Dorian Simmons

On Tuesday, July 21, 2020, the New York Department of Financial Services (the “NYDFS”) brought its first enforcement action under its Cybersecurity Regulation (the “Regulation”) against a large title insurer (the “Company”) for failing to protect … [Read more] about The NYDFS Brings First Enforcement Action under the Cybersecurity Regulation

Filed Under: Cybersecurity, Data Protection, Data Security, Enforcement, Financial Privacy, Insurance Data Security, NYDFS, Regulation

EDPB to Publish FAQs on Data Transfers

July 24, 2020 By Daniel Felz

This morning, Germany’s Federal Data Protection Authority (DPA) announced that the European Data Protection Board (EDPB) has finalized an initial set of FAQs on international transfers in light of the recent Schrems II judgment.  You can read our … [Read more] about EDPB to Publish FAQs on Data Transfers

Filed Under: GDPR, Privacy, Regulation

EDPB clarifies Brexit obligations for holders of Binding Corporate Rules which have the UK ICO as their lead authority

July 23, 2020 By Paul Greaves, Wim Nauwelaerts and Privacy, Cyber & Data Strategy Team

On July 22, 2020, the European Data Protection Board (‘EDPB’) released an information note on Binding Corporate Rules (‘BCRs’), which provides guidance for groups of undertakings/enterprises which have the UK ICO as their competent supervisory … [Read more] about EDPB clarifies Brexit obligations for holders of Binding Corporate Rules which have the UK ICO as their lead authority

Filed Under: Data Protection, International, Privacy

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