New Privacy Legislation Introduced in the U.S. Senate

Last month, Senators introduced two bills aimed at increasing privacy protections for consumers.  The Customer Online Notification for Stopping Edge-provider Network Transgressions (CONSENT) Act would authorize the Federal Trade Commission (FTC) to promulgate regulations that improve consumer control over how data is collected and used.  The second piece of legislation, known as the Social Media… Continue reading New Privacy Legislation Introduced in the U.S. Senate

SEC Issues Interpretive Guidance on Cybersecurity Disclosures

Last week the U.S. Securities and Exchange Commission (SEC) published new cybersecurity guidance for public companies. The guidance reinforces and expands upon a 2011 SEC publication, and highlights two additional topics: (1) the importance of robust cybersecurity disclosure policies and procedures and (2) the application of insider trading prohibitions in the cybersecurity context. Disclosure Controls and… Continue reading SEC Issues Interpretive Guidance on Cybersecurity Disclosures

The DOJ Announces the Creation of a New Cybersecurity Task Force

On Tuesday, Attorney General Jeff Sessions announced that the Department of Justice would create a “Cyber-Digital Task Force” designed to investigate and identify ongoing global cybersecurity threats. According to a press release issued by the Justice Department, the proposed task force would prioritize its efforts on specific areas of cybersecurity risk, including efforts to interfere… Continue reading The DOJ Announces the Creation of a New Cybersecurity Task Force

Apple, Cisco, Aon, and Allianz Announce Joint Cyber Risk Management Solution

Earlier this week, Apple, Cisco, Aon, and Allianz announced their plan to create a joint cyber risk management service intended to better protect companies facing or dealing with cyber attacks.  According to the companies’ joint press release, the proposed solution would be comprised of “cyber resilience evaluation services from Aon, the most secure technology from… Continue reading Apple, Cisco, Aon, and Allianz Announce Joint Cyber Risk Management Solution