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New commitments in principle regarding UK to USA data transfer mechanism

Photo of Lara White (UK)Photo of Marcus Evans (UK)Photo of Fiona Bundy-Clarke (UK)
By Lara White (UK), Marcus Evans (UK) & Fiona Bundy-Clarke (UK) on June 13, 2023

On 8 June 2023, the UK Secretary of State for Science, Innovation, and Technology and the US Secretary of Commerce issued a joint Statement confirming that the UK and the USA have committed in principle to establishing a “data bridge”…

Privacy law is becoming more technically sophisticated. So should you.

Photo of Steve Roosa (US)Photo of Daniel Rosenzweig (US)Photo of Susan Ross (US)
By Steve Roosa (US), Daniel Rosenzweig (US) & Susan Ross (US) on March 22, 2023

As privacy laws and requirements become more technically sophisticated, businesses may want to consider how they can follow suit.…

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

Photo of Kate Nelson (US)
By David Kitchen (US) & Kate Nelson (US) on October 5, 2021

On 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…

US SEC announces three actions charging firms for cybersecurity deficiencies

Photo of Kevin J. Harnisch (US)Photo of Chris Cwalina (US)Photo of Will Daugherty (US)Photo of Ashley Zatloukal (US)Photo of Matthew Niss (US)
By Kevin J. Harnisch (US), Chris Cwalina (US), Will Daugherty (US), Ashley Zatloukal (US) & Matthew Niss (US) on September 15, 2021

The SEC announced enforcement actions against three sets of advisers for alleged failures in cybersecurity policies that violate the Safeguards Rule.…

US banking regulators propose a rule for 36-hour notice of breach

Photo of David Kessler (US)Photo of Susan Ross (US)
By David Kessler (US) & Susan Ross (US) on January 5, 2021

On December 18, 2020, the US Department of the Treasury (Office of the Comptroller of the Currency), Federal Reserve and Federal Deposit Insurance Corporation (FDIC) jointly announced a 53-page proposed rule that would require banks to notify their regulators within…

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