On June 13, 2023, the Securities and Exchange Commission (“SEC”) published its Spring 2023 rulemaking agenda that delayed finalizing the proposed Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure rule for public companies and proposed rule on Cyber Risk Management for Investment Advisers, Registered Investment Companies and Business Development Companies until at least October 2023. […]
Search Results for: Cybersecurity Regulation
HHS and FTC Expanding Technology, Privacy, and Cybersecurity Divisions
In recent weeks, FTC and HHS have announced expansion of the operational areas of their organizations that are dedicated to enforcement of laws and regulations related to technology, privacy, and cybersecurity. On February 17, 2023, the FTC announced the creation of a new Office of Technology in order to “strengthen the FTC’s ability to keep […]
California Privacy Protection Agency Issues Invitation for Preliminary Comments on Proposed Rulemaking on Risk Assessments, Cybersecurity Audits, and Automated Decisionmaking
The California Privacy Protection Agency (CPPA) issued an Invitation for Preliminary Comments on Proposed Rulemaking (Invitation) Friday as it considers new rules regarding Risk Assessments, Cybersecurity Audits, and Automated Decisionmaking. The proposed rulemaking is pursuant to California Civil Code § 1798.185(a)(15)-(16), which directs the CPPA to draft regulations on these topics. Although the Invitation enumerates […]
California Privacy Protection Agency Approves CCPA Regulations
The California Privacy Protection Agency (CPPA) voted unanimously Friday to approve the newest version of the draft California Consumer Privacy Act (CCPA) regulations. These regulations are substantively the same as those considered by the CPPA Board during its October 2022 meeting. This vote marks the conclusion of a chapter that began in May 2022, when […]
NYDFS Announces Significant Cybersecurity Settlement with EyeMed Vision Care
On October 18, 2022, EyeMed Vision Care LLC (“EyeMed”) entered into a Consent Order with the New York Department of Financial Services (“DFS”) relating to a cybersecurity event from 2020 that exposed consumer nonpublic information (“NPI”) to an unauthorized individual. EyeMed agreed to pay DFS a $4.5 million penalty, in addition to implementing mandatory remediation […]