On September 20, 2022, the U.S. Securities and Exchange Commission announced that Morgan Stanley Smith Barney agreed to pay a $35 million fine for the firm’s alleged failure to adequately protect the personal information of approximately 15 million customers.
Continue Reading SEC Fines Morgan Stanley $35 Million for Alleged Failure to Protect Customer Data

On September 6, 2022, the California legislature presented Assembly Bill 2392 to Governor Gavin Newsom. AB-2392, which has not yet been signed by Governor Newsom, would allow Internet-connected device manufacturers to satisfy existing device labeling requirements by complying with National Institute of Standards and Technology standards for consumer Internet of Things products.
Continue Reading New California Legislation Adds to Existing Smart Device Labeling Requirements

On July 26, 2022, the attorneys general of New Jersey, Pennsylvania, Delaware, Maryland, Virginia, Florida and Washington D.C. announced an $8 million multistate settlement with Wawa Inc. that resolves the states’ investigation into a 2019 data breach that compromised approximately 34 million payment cards used by consumers at Wawa stores and fueling locations.
Continue Reading Wawa Inc. Settles Multi-State AG Breach Investigation for $8 Million

New York recently became the first state to require attorneys to complete at least one credit of cybersecurity, privacy and data protection training as part of their continuing legal education requirements. The new requirement will take effect July 1, 2023.
Continue Reading New York Becomes First State to Require CLE in Cybersecurity, Privacy and Data Protection