Tag Archives: Personal Information

Webinar Recording Available on China’s New Cybersecurity Law

On March 7, 2017, Hunton & Williams LLP hosted a webinar with Beijing partner Bing Maisog on China’s new Cybersecurity Law. China’s new Cybersecurity Law will impose new restrictions on information flows from operators of key information infrastructure, and will become effective in June 2017.… Continue Reading

FTC Announces Settlement Over Alleged Consent Order Violation

On March 17, 2017, the Federal Trade Commission announced that Upromise, Inc., agreed to pay 500,000 dollars to settle allegations that it violated the terms of a 2012 consent order that required Upromise to provide notice to consumers regarding its data collection and use practices, and obtain third-party audits.… Continue Reading

Home Depot Settles Data Breach Claims

On March 9, 2017, Home Depot reached an agreement that includes the payment of 25 million dollars and the implementation of new data security measures to resolve a putative class action brought by financial institutions impacted by the company’s 2014 data breach.… Continue Reading

Australia Enacts New Data Breach Notification Law

On February 13, 2017, the Parliament of Australia passed legislation that amends the Privacy Act of 1988 and requires companies with revenue over 3 million AUD (2.3 million USD) to notify affected Australian residents and the Australian Information Commissioner in the event of an "eligible data breach."… Continue Reading

European Data Protection Supervisor Publishes Priorities for 2017

On February 15, 2017, the European Data Protection Supervisor published its Priorities for 2017. The EDPS Priorities consist of a note listing the strategic priorities and a color-coded table listing the European Commission’s proposals that require the EDPS’ attention, sorted by level of priority.… Continue Reading

China Publishes Draft Measures for Security Review of Network Products and Services

On February 4, 2017, the Cyberspace Administration of China published a draft of its proposed Measures for the Security Review of Network Products and Services. Under the Cybersecurity Law of China, if an operator of key information infrastructure purchases network products and services that may affect national security, a security review is required. The draft is open for comment until March 4, 2017.… Continue Reading

Home Depot Prevails in Shareholder Derivative Lawsuit Over 2014 Data Breach

Recently, the U.S. District Court for the Northern District of Georgia dismissed a shareholder derivative lawsuit against Home Depot Inc. (“Home Depot”) arising over claims that Home Depot’s directors and officers (the “Defendants”) acted in bad faith and violated their duties of care and loyalty by disregarding their oversight duties in connection with a 2014 … Continue Reading

FINRA Fines Brokerage Firm $650,000 After Cyber Attack

On November 14, 2016, Lincoln Financial Securities Corp., a subsidiary of Lincoln Financial Group, entered into a settlement with the Financial Industry Regulatory Authority, requiring LFS to pay a 650,000 dollar fine and implement stronger cybersecurity protocols following a 2012 hack into its cloud-based server.… Continue Reading

Adobe Settles Multistate Data Breach Enforcement Action

On November 7, 2016, Adobe Systems Inc. entered into an assurance of voluntary compliance with 15 state Attorneys General to settle allegations that the company lacked proper measures to protect its systems from a 2013 cyber attack that resulted in the theft of the personal information of millions of customers. … Continue Reading

Final Cybersecurity Law Enacted in China

On November 7, 2016, the Standing Committee of the National People’s Congress of China enacted the final Cybersecurity Law after it held its third reading of the draft Cybersecurity Law on October 31, 2016.… Continue Reading

FTC Issues Guide for Businesses on Handling Data Breaches

On October 25, 2016, the Federal Trade Commission released a guide for businesses on how to handle and respond to data breaches. The 16-page guide details steps businesses should take once they become aware of a potential breach. The guide also underscores the need for cyber-specific insurance to help offset potentially significant response costs.… Continue Reading

CIPL and Telefónica Call for Action on New Approaches to Data Transparency

Recently, the Centre for Information Policy Leadership at Hunton & Williams LLP and Telefónica issued a joint white paper on Reframing Data Transparency. The white paper was the outcome of a June 2016 roundtable held by the two organizations in London, discussing the importance of user-centric transparency to the data driven economy.… Continue Reading
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