New guidance proposed on the extra-territorial scope of the GDPR
Posted on Dec 18, 2018 in Cybersecurity, Data Privacy, GDPR, Intellectual Property, Litigation, Regulation | Comments Off on New guidance proposed on the extra-territorial scope of the GDPR
The agency responsible for administering the General Data Protection Regulation (GDPR) recently proposed guidelines to clarify the extra-territorial scope of Europe’s sweeping new privacy law. While these guidelines are not yet finalized, they indicate that the reach of the GDPR spreads far beyond the European Union. American businesses that had concluded that they were likely exempt...
Tech Giants Brace for Europe’s New Data Privacy Rules
Posted on Jan 28, 2018 in GDPR | Comments Off on Tech Giants Brace for Europe’s New Data Privacy Rules
With the deadline for the new rules now just a few months away, Silicon Valley’s tech behemoths have been scrambling to get ready. Facebook and Google have deployed hundreds of people to make sense of the regulations. Many of the companies have overhauled how they give users access to their own privacy settings. Some have redesigned certain products that suck up too much user data. And...
Securing the Cloud
Posted on Jan 23, 2018 in Cybersecurity, Financial Services, Insurance, Litigation, Securities & Corporate Governance | Comments Off on Securing the Cloud
Eversheds Sutherland Partner Michael Bahar is quoted in the Winter edition of USA Today Homeland Security regarding increasing efforts to keep data safe in the ‘new normal.’ “Particularly this summer, we’ve seen attackers going further – to extortion, data manipulation, disruption and even destruction,” said Michael. “What is increasingly critical is to respond to the rapidly evolving...
G-7 guidance on cybersecurity in the financial sector
Posted on Jan 23, 2018 in Cybersecurity, Financial Services | Comments Off on G-7 guidance on cybersecurity in the financial sector
The G-7 countries recently published important guidance on cybersecurity for the financial sector. While the aim of this guidance was harmonization, the practical reality remains one of piecemeal- and at times even conflicting – global, regulatory direction. To navigate this regulatory patchwork, international banks and financial institutions have to constantly assess the applicable...
Cyber Attacks on U.S. Power Grids Can Be Deterred With Password Changes
Posted on Jan 22, 2018 in Cybersecurity | Comments Off on Cyber Attacks on U.S. Power Grids Can Be Deterred With Password Changes
A key to preventing cyber attacks from crippling U.S. power grids could be changing passwords on internet routers, wifi-connected thermostats and smart lawn-sprinklers. “A significant share” of internet attacks result from unchanged factory default passwords on web-connected devices that allow hackers to break in and and install malware, according to a Jan. 18 report by the Advanced...
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