In connection with its hearings on data security, the Federal Trade Commission hosted a December 12 panel discussion on “The U.S. Approach to Consumer Data Security.” Moderated by the FTC’s Deputy Director for Economic Analysis James Cooper, the panel featured private practitioners Lisa Sotto, from Hunton Andrews Kurth, and Janis Kestenbaum, academics Daniel Solove (GW Law School) and David Thaw (University of Pittsburgh School of Law), and privacy advocate Chris Calabrese (Center for Democracy and Technology). Lisa set the stage with an overview of the U.S. data security framework, highlighting the complex web of federal and state rules and influential industry standards that result in a patchwork of overlapping mandates. Panelists debated the effect of current law and enforcement on companies’ data security programs before turning to the “optimal” framework for a U.S. data security regime. Among the details discussed were establishing a risk-based approach with a baseline set of standards and clear process requirements. While there was not uniform agreement on the specifics, the panelists all felt strongly that federal legislation was warranted, with the FTC taking on the role of principal enforcer.
Hunton Andrews Kurth LLP is pleased to announce that the firm was recognized in the inaugural Chambers and Partners 2019 FinTech guide. The guide commends the firm for attaining an “excellent reputation for the strengths of its data protection and cybersecurity practice, where it counsels FinTech businesses on privacy issues in commercial contracts and transactional matters.”
The Federal Trade Commission published the agenda for the ninth session of its Hearings on Competition and Consumer Protection in the 21st Century (“Hearings Initiative”), a wide-ranging series of public hearings. The ninth session, to take place on December 11-12, 2018, will focus on data security. Lisa Sotto, chair of Hunton Andrews Kurth’s Privacy and Cybersecurity practice, is one of five panel participants discussing “The U.S. Approach to Consumer Data Security.” The panel will be moderated by James Cooper, Deputy Director for Economic Analysis of the FTC’s Bureau of Consumer Protection.
On March 7, 2018, Hunton & Williams LLP hosted a webinar with partners Lisa Sotto, Aaron Simpson and Scott Kimpel, and senior associate Brittany Bacon on the Securities and Exchange Commission’s (“SEC’s”) recently released cybersecurity guidance. For the first time since its last major staff pronouncement on cybersecurity in 2011, the SEC has released new interpretive guidance for public companies that will change the way issuers approach cybersecurity risk. Continue Reading Webinar Recording Available on SEC Cybersecurity Guidance
On December 18, 2017, Lisa Sotto, chair of the Global Privacy and Cybersecurity practice at Hunton & Williams LLP and managing partner of the firm’s New York office, was recognized among the Leading Women Lawyers in NYC by Crain’s New York Business. Continue Reading Lisa Sotto Recognized as a Leading Woman Lawyer by Crain’s New York Business
On December 11, 2017, Lisa Sotto, chair of Hunton & Williams LLP’s Global Privacy and Cybersecurity practice, was one of 54 women in the legal profession honored at the New York County Lawyers Association’s (“NYCLA’s) 103rd annual dinner. “NYCLA has long been at the forefront of equality…At this year’s annual dinner, we are thrilled to honor the contributions of women lawyers and focus a spotlight on their accomplishments,” said NYCLA President Michael McNamara. Among the women honored were judges, prosecutors, district attorneys, general counsel, partners and executives.
On November 3, 2017, Securityroundtable.org published an article highlighting the vulnerabilities businesses face in a world of e-commerce and interconnectivity, and spotlighted a crisis-planning panel hosted by Hunton & Williams held on November 1. Speakers at the event included Lisa Sotto, chair of the Global Privacy and Cybersecurity practice at Hunton & Williams; Eric Friedberg, Co-President of Stroz Friedberg; Stephen Gannon, General Counsel and Chief Legal Officer of Citizens Financial Group; Rick Howard, Chief Security Officer of Palo Alto Networks; Bryan Rose, Managing Director of Stroz Friedberg; Ari Mahairas, Special Agent in Charge of Special Operations/Cyber Division of the FBI; Walter Andrews, Partner at Hunton & Williams; and Tom Ricketts, Senior Vice President and Executive Director of Aon Risk Solutions. Continue Reading Hunton Privacy and Insurance Leaders Address Prevention and Insurability of Cyber Attacks
In our final two segments of the series, industry leaders Lisa Sotto, partner and chair of Hunton & Williams’ Privacy and Cybersecurity practice; Steve Haas, M&A partner at Hunton & Williams; Allen Goolsby, special counsel at Hunton & Williams; and Eric Friedberg, co-president of Stroz Friedberg, along with moderator Lee Pacchia of Mimesis Law, continue their discussion on privacy and cybersecurity in M&A transactions and what companies can do to minimize risks before, during and after a deal closes. They discuss due diligence, deal documents and best practices in privacy and data security. The discussion wraps up with lessons learned in the rapidly changing area of data protection in M&A transactions, and predictions for what lies ahead.
Last week, the Centre for Information Policy Leadership (“CIPL”) and several privacy team members at Hunton & Williams LLP attended the 39th International Conference of Data Protection and Privacy Commissioners in Hong Kong (the “Conference”). The weeklong event hosted by Stephen Kai-yi Wong, Privacy Commissioner for Personal Data, Hong Kong was attended by over 3000 privacy professionals from data protection authorities (“DPAs”), industry and research sectors. CIPL hosted two events at the conference, as well as a joint roundtable with Hunton & Williams and Citibank, throughout the week.
On September 18, 2017, the European Commission (“Commission”) and U.S. Department of Commerce (“Department”) kicked off their first annual joint review of the EU-U.S. Privacy Shield (“Privacy Shield”). To aid in the review, the Department invited a few industry leaders, including Hunton & Williams’ partner Lisa J. Sotto, who chairs the firm’s Global Privacy and Cybersecurity practice and the U.S. Department of Homeland Security’s Data Privacy and Integrity Advisory Committee, to speak about their experiences during the first year of the Privacy Shield.