Alston & Bird recently issued an Advisory on a new regulation proposed by the Department of Commerce’s Bureau of Industry Security (BIS), which would require certain developers, manufacturers, and users of cybersecurity intrusion and surveillance items to obtain export licenses before conducting business and performing their work—even when working with their affiliated companies or with […]
Regulation
Visa & MasterCard: Issuers May Release Identity of Breached Merchants
In two letters sent to Diana Dykstra, the President and CEO of the California and Nevada Credit Union Leagues, both MasterCard and Visa have confirmed that, under their network rules, card issuers are permitted to disclose the identities of merchants involved in data breaches in certain circumstances. In MasterCard’s letter dated June 3, 2015, Eileen […]
Alston & Bird partners Teri McMahon and Dominique Shelton discuss updates to M&A and privacy & data security practice areas at ACC Israel Annual Event
On June 16, 2015, Alston & Bird partners Teri McMahon and Dominique Shelton made presentations on current issues of the M&A and privacy and data security practice areas at the ACC Israel Annual Event. The event, attended by over 200 attorneys from Israel and around the world, focused on trending global mergers & acquisitions issues. Teri McMahon discussed trends in […]
The Digital Single Market Strategy and EU Data Security Policies
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 […]
RadioShack Agrees to Significant Limitations in Sale of Customer Data Following Pressure from State Regulators and the FTC
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 […]