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.
New Cybersecurity Guidelines Put in Place for Federal Agencies with Potential Effects for Government Contractors
The new guidelines include a requirement for an agency to report a “major incident” within one hour of the event’s occurrence.
Federal Agencies Issue New Breach Notification Rules for Banking Organizations and Banking Service Providers.
Banking organizations must notify the appropriate agency within 36 hours of certain computer-security incidents; and banking service providers must notify affected banking organizations as soon as possible in the event of an equivalent incident.
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.