The recent revelation that Facebook has allowed device makers including Apple, Samsung and Huawei broad access to user data raises fresh questions about the legal and ethical constraints on companies' data usage practices and could prompt a reckoning that would pull the U.S. closer to the tighter controls of the general data protection regulation currently in place in the European Union, attorneys say.
A former DirecTV and CenturyLink subscriber fought Monday to keep his proposed class action accusing the companies of breaching customers' privacy in federal court, arguing that arbitration clauses in his customer agreements weren't enforceable.
Prison phone operator Securus urged a California federal judge Monday not to issue an “advisory” ruling sought by former inmates and criminal defense attorneys accusing it of illegally recording their conversations, arguing there’s no need to weigh whether calls were intentionally recorded because there’s no evidence they were recorded at all.
More companies are preparing initial coin offerings by using the so-called Reg A+ exemption, a streamlined initial public offering often dubbed a “mini-IPO,” though such campaigns face regulatory hurdles and other obstacles, capital-raising experts said at various talks Tuesday in New York.
Britain's data protection watchdog said Tuesday that it has fined Yahoo £250,000 ($334,000) for security lapses that were exploited in a 2014 data breach that exposed the personal data of around 500 million account holders worldwide, days after Yahoo's lead European regulator said the internet company flouted EU law in how it handled the episode.
A California federal judge appointed The Rosen Law Firm PA as lead counsel for investors who sued Advanced Micro Devices Inc. when the company’s share price dropped following a revelation that its chips were more vulnerable to a security flaw than had been previously disclosed.
The Financial Conduct Authority told banks to “enhance” their scrutiny of clients who trade in cryptocurrencies or invest in initial coin offerings, in order to prevent the risk of them “facilitating” financial crimes.
Dozens of U.S. and Nigerian participants in alleged email scams targeting wire transfers have been arrested in the past six months, the U.S. Department of Justice announced Monday.
A former audit partner at KPMG LLP has asked a Brooklyn federal judge to make prosecutors look for exculpatory evidence in files belonging to the U.S. Securities and Exchange Commission and an accounting oversight group, saying both were essentially part of the prosecution team.
A former Equifax executive accused of selling off shares before the public was informed of the company's massive data breach told a Georgia federal court Monday that the government's indictment only proves he exercised stock options after being lied to by his employer.
Wells Fargo & Co. said Monday that it has stopped allowing customers to use its credit cards to buy cryptocurrency, making it the latest major bank to impose such restrictions amid concerns about volatility and other risks in the market for digital currencies.
A medical software company urged an Indiana federal court Monday to dismiss multidistrict litigation launched against it over a 2015 data breach that exposed the sensitive data of 3.9 million people, arguing that the breach alone did not cause any injuries under the law.
Saks & Co. got slapped with a proposed class action in California federal court Friday that accuses the retailer of failing to protect its customers’ credit and debit card numbers from a data breach engineered by a “notorious hacking group” that allegedly attacked nearly all of Saks’ point-of-sale systems in March.
Embattled Russian cybersecurity firm Kaspersky Lab Inc. urged the D.C. Circuit to quickly decide its appeal over a ban on the U.S. government using its products, saying a growing stigma resulting from the ban has significantly hurt its bottom line.
Norton Rose Fulbright has added three new partners to its global cyber risk group, two from Holland & Knight LLP and one from Shearman & Sterling LLP, gaining attorneys who bring expertise in cybersecurity regulation and litigation, data breach investigations, and data and risk analysis.
The Trump administration has imposed new sanctions on several Russian businesses and individuals accused of working with Russia’s main counterintelligence and security agency, the U.S. Department of the Treasury announced Monday, saying the sanctioned entities' actions “jeopardize the safety and security” of the U.S. and its allies.
Not only did a cyberscammer trick a Massachusetts clean energy agency into wiring public funds, but the agency also botched the reporting of the crime to its board of directors and to authorities, according to a state audit released Monday.
A Virginia federal jury convicted a former Central Intelligence Agency case officer of espionage on Friday for passing documents to a People's Republic of China-linked agent in exchange for money, according to a federal prosecutor's office.
Adult film star Stormy Daniels’ former attorney has hit back in her suit against him, where she claims he was a “puppet” of President Donald Trump and his attorney Michael Cohen, alleging Thursday that Daniels and her current counsel have made “countless reckless and false statements” against him.
The European Union took a step forward Friday in establishing a new bloc-wide cybersecurity agency and enacting a new certification framework that proponents say will create a food label-type standard promising a level of data security on products like connected cars and smart medical devices.
Businesses that are only now waking up to the reality of the EU General Data Protection Regulation, which took effect on Friday, must prioritize their compliance efforts to mitigate potential regulatory risks as they work quickly to achieve full compliance, say Joseph Facciponti and Katherine McGrail of Murphy & McGonigle PC.
State securities agencies are increasingly regulating the cryptocurrency space through administrative proceedings and summary cease-and-desist orders. But the uncertainties and ambiguities in current cryptocurrency regulation mean that multistate action — even if coordinated — will create a real risk of splintered authority, says Jason Gottlieb of Morrison Cohen LLP.
Beginning May 25, European regulators will be able to enforce the EU General Data Protection Regulation. The possibility of enforcement means the GDPR will now have greater bearing on M&A activity in the U.S. and elsewhere, say Emma Flett and David Higgins of Kirkland & Ellis International LLP.
Over the last year, government reports, enforcement actions and new regulatory proposals have thrown health care technology into the limelight. While the Health Insurance Portability and Accountability Act is already one of the country's most robust privacy and security laws, the government is seeking to fill some significant gaps in regulation, says Elliot Golding of Squire Patton Boggs.
The current business climate has produced vast opportunities for seasoned lawyers to create valuable connections with millennial business owners, but first lawyers must cleanse their palate of misconceptions regarding millennials, says Yaima Seigley of Isaac Wiles Burkholder & Teetor LLC.
U.S. companies venturing into the world of global equity compensation confront a complex, cross-border web of rules and regulations. Victoria Ha and William Woolston of Covington & Burling LLP highlight five critical questions that can help U.S. companies navigate common legal pitfalls, with a focus on some of the most rapidly evolving areas of law.
The EU General Data Protection Regulation implementation date — May 25 — is one week away. In this video, Brian Hengesbaugh of Baker McKenzie discusses how companies can set realistic short- and long-term goals.
If approved by voters in November, the California Consumer Privacy Act would impose a sweeping privacy regime like the EU’s General Data Protection Regulation. The act covers virtually all information a business has about a consumer, expanding far beyond traditional notions of personal information, say Purvi Patel and Alexandra Laks of Morrison & Foerster LLP.
On May 10, the Eleventh Circuit held in InComm v. Great American that computer fraud coverage did not apply to prepaid debit card holders who exploited a coding error in the insured's computer system. While this case does not involve social engineering fraud, it is nonetheless instructive on some of the key issues common in such disputes, say Robert MacAneney and John Pitblado of Carlton Fields Jorden Burt PA.
On May 17, 1954, the U.S. Supreme Court decided Brown v. Board of Education, recognizing a moral and legal truth that should be beyond question in American society. The refusal by some of President Donald Trump's judicial nominees to say whether they believe the case was decided correctly is indicative of the narrow-minded elitism they would bring to the bench, says professor Franita Tolson of the University of Southern California's Gould School of Law.