In what may become viewed as the de facto standard for selling customer information in bankruptcies, a Delaware bankruptcy court approved, on May 20, 2015, a multi-party agreement that would substantially limit RadioShack’s ability to sell 117 million customer records. The agreement was entered into by RadioShack Corp., General Wireless Inc., and 17 state attorney generals as […]
FTC Looks “More Favorably” Upon Companies That Report Data Breaches to Law Enforcement
The Federal Trade Commission recently announced that it views companies that report data breaches to appropriate law enforcers “more favorably” than those companies that are less cooperative. Mark Eichorn, Assistant Director in the Bureau of Consumer Protection’s Division of Privacy and Identity Protection, included the announcement in a May 20, 2015 blog post, describing a […]
Alston & Bird issues a Privacy and Security ADVISORY on Russia’s new Data Localization Law
Today, Alston & Bird issued a Privacy and Security ADVISORY on Russia’s new Data Localization Law will take effect in September, 2015. Penalties for non-compliance can be severe, including suspension of offending websites. Our Privacy & Data Security Group gives details on the law, the compliance challenges facing U.S. companies, and the solutions available to them. […]
The FTC Announces It Will Host a “Start with Security” Initiative in September
On May 13, 2015, Federal Trade Commission Chairwoman Edith Ramirez announced that the FTC will host an initiative for its “Start with Security” program in September. The FTC unveiled the “Start with Security” program in March at the IAPP Global Privacy Summit. During the unveiling, FTC Bureau of Consumer Protection Director Jessica Rich stated that […]
North Dakota Updates Data Breach Law
North Dakota recently amended its data breach notification law to clarify that the obligation to notify individuals of a breach applies to any entity that “owns or licenses” personal information of the residents of North Dakota. Previously, the obligation to report a breach only applied to those “that conduct[ ] business in the state.” In […]