Topic: Cybersecurity

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Alberta OIPC’s 2022 PIPA Breach Report – Trends and Key Takeaways

On July 27, 2022, the Office of the Information and Privacy Commissioner of Alberta (OIPC) released its 2022 PIPA Breach Report.[1] The report analyzes the nearly 2,000 breach reports[2] received by the OIPC during   the ten year period since reporting was mandated in Alberta under the Personal Information Protection Act (PIPA)[3]. The PIPA Breach … Continue reading

NYDFS proposes significant cybersecurity regulation amendments

On July 29, 2022, the New York Department of Financial Services (NYDFS) announced a “pre-proposed outreach” of material proposed changes to almost every section of its cybersecurity regulations, and would affect each entity covered by the current regulations of 23 NYCRR Part 500.  Because this version is the “preposed” copy of the changes, there is … Continue reading

Draft standard contractual clauses provisions, final security assessment measures and final certification guidelines for cross border data transfer released

The long awaited details with respect to cross border data transfer under the China Personal Information Protection Law (PIPL) have very recently been published by the Chinese authorities. The details are set out in three documents: final Certification Guidelines for Cross Border Data Transfer (网络安全标准实践指南 – 个人信息跨境处理活动安全认证规范 “) (“Certification Guidelines“) released on 24 June 2022; … Continue reading

TSA Transitions To Results-Based Approach in Revised Pipeline Cybersecurity Directive In Response to Industry Feedback

The Transportation Security Administration (“TSA”) announced on July 21, 2022 that it is transitioning to a less prescriptive and more result-based approach in its revised emergency cybersecurity directive for critical gas and liquid pipeline companies.  The Security Directive Pipeline-2021-02C (“SD02C”), effective July 27, 2022, represents a significant departure from the highly prescriptive requirements set forth … Continue reading

More New York SHIELD Act guidance

On June 20, 2022, the New York Attorney General (NYAG) announced a consent agreement (called an Assurance of Discontinuance) with Northeast grocery chain Wegmans for, among other things, violations of the SHIELD Act requirements.  Wegmans does not confirm or deny the NYAG’s findings. In brief, on April 5, 2021, a security researcher contacted Wegmans about … Continue reading

Bill C-26: a first step at reinforcing Canadian cybersecurity

Data Protection Report - Norton Rose FulbrightOn June 14, the House of Commons introduced Bill C-26: An Act respecting cyber security, amending the Telecommunications Act and making consequential amendments to other Acts (Bill C-26). This bill is presented in two parts: The first is to amend the Telecommunications Act to promote the security of the Canadian telecommunications system; The second is to enact the Critical Cyber … Continue reading

FTC Signals Additional Scrutiny for Data Breaches

On May 20, 2022, the Federal Trade Commission (FTC) stated that failure to disclose a data breach may be a violation of Section 5 of the FTC Act.  Historically, the FTC has not been explicit about its notification expectations, but in blog post published by the FTC’s CTO and Division of Privacy and Identity Protection, … Continue reading

Was RI Advice a watershed for cybersecurity law in Australia or a damp squib?

Data Protection Report - Norton Rose FulbrightIn this article we distil critical lessons from the Federal Court’s recent decision in Australian Securities and Investments Commission v RI Advice Group Pty Ltd[1] and practical actions to be taken by Boards and executive management. Boards and organisations should assess their cybersecurity risk management activities in light of the decision and ask whether current … Continue reading

New PCI DSS v4.0 – Flexibility added

Cyber authorities sound the alarmOn March 31, 2022, the PCI Security Standards Council released the new version of the Payment Card Industry Data Security Standards (version 4.0), which represents an update almost four years in the making.  In addition to some clarifications and rearrangements, the new PCI DSS 4.0 includes 51 new requirements for all entities, and 13 new … Continue reading

Retention of records in South Africa

This blog was co-authored by: Preshanta Poonan, associate designate. There are several pieces of legislation in South Africa that govern the retention of records. Ensuring efficient record management practices are in place is crucial for compliance with these Acts. Nerushka Bowan & Preshanta Poonan unpack the retention periods and key elements for record keeping in … Continue reading

The UK’s ICO issues a monetary penalty notice to professional services firm after ransomware attack

On 10 March 2022, the Information Commissioner’s Office (ICO) issued a monetary penalty notice to a professional services firm (the Firm) to the tune of £98,000 for a breach of Article 5(1)(f) of the General Data Protection Regulation (GDPR). The Firm was the victim of a ransomware attack which it first became aware of on … Continue reading

Congress Agrees – 72-Hour Cyber Incident Reporting Requirement to Take Effect

US banking regulators propose a rule for 36-hour notice of breachOn March 15, 2022, President Biden signed an omnibus spending bill into law, which, in part, requires companies to report cyber incidents and ransom payments.  The relevant portions of the law, titled the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (“Act”) proposes reporting requirements for incidents, establishes new programs to curtail ransomware attacks … Continue reading

Proposed cybersecurity rules for SEC registered advisers and funds

US banking regulators propose a rule for 36-hour notice of breachOn February 9, 2022, the U.S. Securities and Exchange Commission (“SEC”) released a proposal aimed at enhancing cybersecurity risk management programs, including cybersecurity preparedness and response, for registered investment advisers (“advisers”), investment companies and business development companies (“funds”).  Overall, the proposal addresses the following rule amendments and additions: 1. Cybersecurity Policies and Procedures Under the … Continue reading

European rulings on the use of Google Analytics and how it may affect your business

European rulings on the use of Google Analytics and how it may affect your businessRecent decisions out of the EU will impact the use of Google Analytics and similar non-European analytics services when targeting EU individuals, with the potential to put many organizations at risk of receiving GDPR fines. At issue was the transfer of personal data from the EU to the US through the use of Google Analytics. … Continue reading

Who gets to decide to pay the ransom in a ransomware attack?

The onslaught of ransomware attacks since the pandemic began has not slowed.  Organizations have been faced with the task of continuously reviewing their cybersecurity programs to ensure they are following best practices to protect against ransomware groups.  But organizations also need to be prepared to respond to such an attack if their cybersecurity practices are … Continue reading

Cyber authorities sound the alarm on critical vulnerability In Java Library

Cyber authorities sound the alarmOn December 9, 2021 a critical vulnerability (CVE-2021-44228) was reported within the Apache Log4j Java logging framework. The vulnerability allows threat actors to remotely execute code on both on-premises and cloud-based application servers, thereby obtaining control of the impacted servers. This is a critical vulnerability of very high significance to government and industry groups. See … Continue reading

Flurry of activity in the Privacy Act review, including tougher penalties and new online privacy framework

Data Protection Report - Norton Rose FulbrightThis article was co-authored with India Bennett. After months of anticipation regarding the ongoing review of the Privacy Act 1988 (Cth), the Federal Government has galvanized the Australian privacy landscape with two significant developments. Firstly, the Government has released a discussion paper about the reform of the Privacy Act. The discussion paper considers stakeholder feedback on the issues paper released in October 2020 … Continue reading

Privacy legislation reform: Bill 64 has now been passed

Bill 64, which purports to modernise Québec’s privacy legislation, was recently passed. This sweeping reform of the province’s framework for processing personal information hinges on three main axes: increased obligations for enterprises that collect or otherwise process personal information, the creation of new rights for persons whose information is collected, and the imposition of far … Continue reading

Hong Kong: Bill to combat doxxing acts passed

Data Protection Report - Norton Rose FulbrightThe Personal Data (Privacy) (Amendment) Bill 2021 (the Bill) aimed at combatting doxxing in Hong Kong was passed on 29 September 2021. As discussed in our earlier post, the Bill amends the Personal Data (Privacy) Ordinance (PDPO) by: introducing offences to criminalize doxxing acts; empowering the Privacy Commissioner for Personal Data (the Commissioner) to conduct … Continue reading

US Senate considers mandating 24-hour reporting requirement for ransom payments

Norton Rose Fulbright - Data Protection Report blogOn September 28, 2021, the US Senate Homeland Security and Governmental Affairs Committee released a draft bill that would, among other things, require nearly all entities that make a ransom payment as the result of a ransomware attack against the entity to report the payment to the Director of the Cybersecurity and Infrastructure Security Agency … Continue reading

Connecticut tightens its data breach notification laws

Data Protection Report - Norton Rose FulbrightEffective October 1, 2021, an amendment[1] to the Connecticut General Statute concerning data privacy breaches, Section 36a-701b, will impact notification obligations in several significant ways. The amendment: Expands the definition of “personal information”; Shortens the notification deadline after discovery of a breach from 90 to 60 days; Removes the requirement to consult with law enforcement … Continue reading

OFAC Announces New Measures to Address Ransomware Attacks

Norton Rose Fulbright - Data Protection Report blogThe U.S. Department of Treasury, Office of Foreign Assets Control (“OFAC”) implemented additional measures today to combat the growing ransomware problem.  OFAC’s measures consist of: (1) the designation of the entire SUEX OTC, S.R.O. (“SUEX”) crypto-currency exchange (SUEX) to the SDN List; (2) designating a fairly large number (~25) additional digital currency addresses to the … Continue reading
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