The landscape of data security regulation within the European Union will likely change drastically over the next few years. In just the latest indicator of this regulatory revolution, the European Commission adopted on May 6, 2015 the heavily anticipated Digital Single Market (DSM) strategy, a multifaceted package of initiatives aimed at reducing or eliminating barriers […]
Data Protection
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 […]
Kim Peretti Quoted by CIO on Talking To Boards About Cybersecurity Risks
Kim Peretti, co-chair of the firm’s Security Incident Management & Response Team, was quoted in a CIO article on April 27 titled, “Boards are on high alert over security threats.” The risk of a cyberattack is a concern that is fast becoming omnipresent for corporate directors across industries. “It’s not just financial services firms or […]
FFIEC Issues Warnings on Malware and Cyber Attacks
The Federal Financial Institutions Examination Council (FFIEC) has issued two joint statements warning of specific cyber risks. The warnings, which were issued on March 30, 2015, address risks arising from destructive malware, which can destroy sensitive data, and cyber-attacks that compromise user credentials. In both statements, the FFIEC also provides guidance on how to mitigate […]