The U.K.'s privacy regulator has warned that the recent controversy over the use of Facebook data shows that tough European rules taking effect in May will not give investigators sufficient powers to check how personal data is stored and shared.
A 23-year-old Canadian “international hacker for hire” who broke into thousands of email accounts, including dozens at the bidding of the Russian government agents behind a massive cyberattack on Yahoo, should be sentenced to eight years' imprisonment, federal prosecutors told a California federal court Tuesday.
Facebook Inc. said that it is rolling out new privacy measures for users worldwide in moves designed to comply with the General Data Protection Regulation, a slate of European Union privacy laws coming into effect next month.
The former employee of a New Jersey bank and two others have been charged with attempting to steal $700,000 from the bank’s clients using an identity theft scheme, federal prosecutors in New York said Wednesday.
The Seventh Circuit built on its reputation for welcoming data breach plaintiffs in the courthouse door by recently reviving claims against Barnes & Noble, but signaled that this invitation isn't indefinite by suggesting for the first time that companies are likely to have the upper hand as these disputes move forward, attorneys say.
A proposed class of former NFL players suing video game maker Electronic Arts Inc. for allegedly using their identities in Madden NFL has fired back at a California magistrate judge’s sanctions order over alleged evasive answers to discovery requests, telling a federal court Tuesday that the decision was wrong and overly harsh.
A group of senators asked the Federal Communications Commission on Wednesday to enact consumer safeguards to stem an “onslaught” of unwanted automated calls and texts, the same day robocall legislation was introduced and a Senate committee grilled a robocaller dragged to the hearing by subpoena.
Texas is at the forefront of using its state securities laws to go after allegedly fraudulent cryptocurrency investment schemes, and as digital currency offerings grow more popular, more states are expected to follow suit, experts say.
A Washington state man will spend three years in prison for conducting a series of online frauds that aimed to take approximately $3.7 million from the U.S. Department of Defense, a U.S. financial institution and the government's pension benefit agency, a New York federal judge said on Wednesday.
A bipartisan group of senators on Wednesday called on the U.S. Department of Homeland Security to publicize information about potential cellphone surveillance in the Washington, D.C., area, saying in a letter the public should know more about the mysterious devices at the heart of the issue.
Intel was slapped with a proposed class action in Illinois federal court Tuesday claiming the tech giant took shortcuts when creating its central processing units, leading to a flaw that gives hackers and other cyber criminals the ability to access sensitive information on almost every computer that uses an Intel processor.
A chief trial attorney at the Commodity Futures Trading Commission who helped litigate market manipulation claims against Arcadia Petroleum and nabbed nearly $4 million in disgorgement from a Ponzi schemer in Hawaii has left to join the securities team at Murphy & McGonigle PC, the firm announced this week.
A Washington, D.C.-based privacy organization on Tuesday sued the Internal Revenue Service in D.C. federal court for a second time over what it called the agency’s failure to turn over information related to President Donald Trump’s tax records.
A New Yorker under criminal indictment was hit with a court-ordered asset freeze after the Commodity Futures Trading Commission filed a related suit in Brooklyn federal court against him, his co-conspirator and his binary options company claiming they conned investors out of more than $600,000 with illegal off-exchange options.
A former FBI agent on Tuesday pled guilty in Minnesota federal court to charges related to taking secret government defense information and disclosing it to a news organization, making him at least the second person to be prosecuted in President Donald Trump’s so-called war on leaks.
Recently enacted federal legislation permitting prosecutors to reach user data stored abroad may have dealt the knockout blow to a U.S. Supreme Court dispute involving Microsoft, but the ability for service providers to continue to challenge international data grabs under the new regime means more fights aren’t far off, attorneys say.
The House of Representatives passed a bill Tuesday to establish a new database meant to prevent a type of identity theft frequently used against children and recent immigrants to the country by allowing financial institutions to verify a person’s name and Social Security number.
More than 30 technology companies and cybersecurity firms, led by Microsoft and Facebook, pledged Tuesday not to help any government launch cyberattacks on "innocent citizens" around the world, as part of a new agreement over conduct in cyberspace.
Days after removing to Illinois federal court a suit over a massive disclosure of user data that helped influence the 2016 presidential election, Facebook Inc. asked the court Tuesday to pause proceedings until the Judicial Panel on Multidistrict Litigation decides whether to consolidate 21 similar cases.
During its monthly meeting Tuesday, the Federal Communications Commission voted to move forward with a rulemaking that contemplates cutting off communications subsidies from companies that may threaten U.S. networks, with commissioners offering assurances that the fledgling item still has a long way to go.
The U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission both claim jurisdictional authority over cryptocurrency, yet no new legislation has been passed and very few court decisions have addressed the issue of who, if anyone, has regulatory authority, say attorneys with Morrison Cohen LLP.
The impact of millennials has already been felt within the legal community by our eagerness to embrace new technologies. One way that we will have potentially even more impact lies in our willingness to embrace new ways of developing business and financing law, says Michael Perich of Burford Capital LLC.
The top securities regulator in Massachusetts recently issued consent orders halting five initial coin offerings, reminding virtual currency market participants that they must be mindful of state regulators as well. This “sweep” is likely only the tip of the iceberg for ICOs in Massachusetts and in other states, say attorneys with Ropes & Gray LLP.
The FBI raid of the office of President Donald Trump’s personal lawyer set off a firestorm of controversy about the sanctity of the attorney-client privilege, epitomized by Trump's tweet that the "privilege is dead." But attorney-client privilege is never taken lightly — I have battle scars from the times I have sought crime-fraud exceptions, says Genie Harrison of the Genie Harrison Law Firm.
In this series, experts discuss the unique aspects of closing a law firm, and some common symptoms of dysfunctionality in a firm that can be repaired before it's too late.
I am often asked, “When there are one or more partner departures, what can a firm do to prevent this from escalating to a catastrophic level?” The short answer is “nothing.” Law firms need to adopt culture-strengthening lifestyles to prevent defections from occurring in the first place, says Larry Richard of LawyerBrain LLC.
It is a safe bet that recent actions against Facebook by European data protection authorities foreshadow compliance priorities under the General Data Protection Regulation, which takes effect in just a few weeks, says Glory Francke, a member of T-Mobile’s legal privacy team.
The recently enacted Clarifying Lawful Overseas Use of Data, or CLOUD, Act was broadly supported by the technology industry, but the full implications will take time to become evident. However, some concerns are likely to manifest themselves early, say Saad Gul and Mike Slipsky of Poyner Spruill LLP.
As Congress returns to Washington for a three-week work period, President Donald Trump continues announcing new policy and personnel decisions. But with midterms looming, Congress is unlikely to make progress on legislation requiring compromise and bipartisanship, say Layth Elhassani and Kaitlyn McClure of Covington & Burling LLP.
Given the competing public policies of protecting clients’ right to counsel of their choice, lawyer mobility, and the fiduciary duty partners owe to a dissolved firm, it behooves law firms to carefully review their partnership agreements to make sure they adequately spell out what happens in the unfortunate event that the law firm chooses to wind down, say Leslie Corwin and Rachel Sims of Blank Rome LLP.