Alston & Bird has strengthened its global platform for advising on EU and international data protection with the addition of senior privacy and cybersecurity attorney Wim Nauwelaerts as partner in the firm’s Brussels office. Arriving from Sidley Austin LLP, Nauwelaerts is a veteran privacy and cybersecurity attorney with more than 20 years’ experience. Nauwelaerts advises […]
Search Results for: Cybersecurity Regulation
New York, Model Cybersecurity Law Influence Other States
In March 2017, New York’s path breaking cybersecurity law for financial services companies went into effect. Influenced by the New York law (“New York Part 500”), the National Association of Insurance Commissioners adopted an “insurance data security” model law 668 late in 2017. Today, in 2019, it is clear that model law 668 is indeed […]
SEC Issues Risk Alert Noting Common Regulation S-P Compliance Issues
The SEC’s Office of Compliance Inspections and Examinations (“OCIE”) has issued a Risk Alert that provides an overview of the most common deficiencies or weaknesses in investment adviser and broker-dealer compliance with the Safeguards Rule, Regulation S-P, based on recent examinations. Placed in context with prior OCIE Risk Alerts concerning cybersecurity practices and Regulation S-P […]
FTC Announces New Cybersecurity Requirements, Privacy Rule Update
In March, the Federal Trade Commission announced proposed updates to two key privacy and security regulations, the Safeguards Rule and Privacy Rule. Both rules implement regulations under the federal Gramm Leach Bliley Act, and the FTC seeks comments for both. The FTC’s proposed update to the Safeguards Rule would impose a number of information security […]
NYDFS Cybersecurity Requirements Compliance Deadline Nears for Key Provisions
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 […]