Providing timely updates and perspectives on current events, legislation, regulatory enforcement, and a myriad of other topics that pertain to the collection, use, disclosure, and protection of data.
Shareholders Seek to Hold Current and Former SolarWinds Officials Liable for Massive 2020 Security Breach
Investors filed a derivative suit claiming that the company knew about, and failed to mitigate known, existing cybersecurity risks and shortfalls prior to the security breach.
China Publishes Draft Data Transfer Requirements That Heavily Favor Data Localization.
As drafted the new measures specify security assessment and contract requirements but leave ample room for Chinese authorities to heavily restrict cross-border data transfers.
FTC Amends Financial Institution Safeguards Rule Including New Information Security Requirements.
The updated rule also includes new exemptions, defines specific information security requirements, and creates new accountability requirements.