In response to various political pressures, including a letter dated May 11, 2011, from Senator Jay Rockefeller (D-WV) and four other senators to SEC Chairman Mary Schapiro, the Staff of the Security and Exchange Commission’s (SEC) Division of Corporation Finance issued guidance on October 13, 2011 regarding its views on disclosure obligations relating to cybersecurity […]
House Republican Cybersecurity Task Force Releases Recommendations
This afternoon the House Republican Cybersecurity Task Force announced a report containing its recommendations on federal cybersecurity legislation pursuant to a request by the House Republican leadership to examine four critical areas: critical infrastructure and incentives, information sharing and public-private partnerships, existing cybersecurity laws, and legal authorities. The Task Force recommends actions which could be accomplished in […]
FTC Proposes Revisions to the Children’s Online Privacy Protection Rule
In light of changes in technology, particularly in the mobile, interactive gaming and social networking space, this past week the FTC formally requested comments to its proposed changes to the Children’s Online Privacy Protection Rule (“COPPA”). Comments on the proposed changes are due November 28, 2011. The changes focus on five substantive sections of the […]
Illinois and California Breach Notification Laws Add Specifics
The Illinois breach notification law was amended on August 22 to add specifics for breach notifications to Illinois residents. The notifications now must include contact information for the credit reporting agencies and the Federal Trade Commission as well as a statement that the individual can obtain information from these sources about fraud alerts and security […]
India Clarifies Privacy Rules
India has clarified the applicability of its recently released privacy rules, causing a collective sigh of relief for outsourcing suppliers and customers around the globe. As detailed in our prior client alert on the topic, India released a set of rules earlier this year that would have radically impacted the manner in which outsourcing suppliers […]