My friend Judy Greenwald reported at BusinessInsurance.com that AIG expects now that GDPR is in place that more “Companies will be more inclined to report breaches, with the impact on cyber claims similar to that witnessed in the U.S. after state breach notification laws come into effect.” Judy’s May 24…
Continue Reading GDRP will likely lead to more cyber insurance claims!
The Charleston CEO announced that “Governor Henry McMaster signed the South Carolina Department of Insurance Data Security Bill into law today. South Carolina will be the first in the nation to pass a cybersecurity bill that requires insurers to establish a strong and aggressive cybersecurity program to protect their companies…
Continue Reading South Carolina – First State to Adopt a Cybersecurity Insurance Law
My friend Zack Warren (Editor-in-Chief of Legaltech News) recently wrote at Law.com that “While the maximum penalty of the greater between $20 million or 4 percent of an organization’s annual revenue may not be widely applied, compliance will still be expected for all organizations that touch EU citizens’ data in…
My Guest Blogger Melinda F. Levitt is a partner and litigation lawyer with Foley & Lardner LLP. Melinda’s practice focuses on complex commercial litigation, and has developed in-depth experience in complex electronic discovery matters and regularly publishes and speaks on a variety of eDiscovery developments and recommended best practices.
Continue Reading Bad Behavior in eDiscovery is Still Very Costly!
The New York Times reported that Intercontinental Exchange (ICE) which is the “parent company of the New York Stock Exchange has been working on an online trading platform that would allow large investors to buy and hold Bitcoin.” The May 7, 2018 article entitled “Bitcoin Sees Wall Street Warm…
Continue Reading Coming Soon – Cryptocurrencies Traded on Wall Street!
Darkreading.com wrote about a “new phishing scam capitalizes on the upcoming General Data Protection Regulation (GDPR) to trick Airbnb customers into sharing personal and financial data,…” The May 3, 2018 article entitled “Hackers Leverage GDPR to Target Airbnb Customers” included these comments:
Targets receive an email designed to…
Continue Reading GDPR Phishing Scam Directed at Airbbnb Customers!
The New York Times reported that an agent of the Russia’s F.S.B (successor to the K.G.B.) boasted: “Look, the internet belongs to the Americans — but blockchain will belong to us.” The April 29, 2018 report entitled “Blockchain Will Be Theirs, Russian Spy Boasted at Conference” included these…
Businessinsurance.com reported that security consultants at F-Secure (a Finnish data security company) discovered about a year ago that by “getting hold of a widely used hotel key card, an attacker could create a master key to unlock any room in the building without leaving a trace,…”. The April 25, 2018…
Continue Reading Terrible News! But No Big Surprise That Plastic Hotel Keys Pose Security Risks!
Without any public hearings, review, or public comment Congress created the CLOUD Act which was signed into law as part of the $1.3 trillion government spending bill which changed the 1986 Stored Communications Act (SCA). The SCA was created to protect privacy in telephone records and with the advent of the…
Continue Reading CLOUD Act Dramatically Changes International Privacy Laws (and eDiscovery)
Bankinfosecurity.com report that “Fraudsters are now gingerly testing the waters in central and Western Europe with attacks that drain cash machines of their funds, according to a trade group that studies criminal activity around ATMs.” The April 18, 2018 report entitled “No Card Required: ‘Black Box’ ATM Attacks Move…
