Just a month before the Security and Exchange Commission’s (“SEC’s”) Material Cybersecurity Incidents Rule is set to take effect, a ransomware group has apparently taken compliance with reporting requirements into its own hands. On November 15, 2023, the ransomware group known as BlackCat (also known as “AlphV”) posted a notice on its leak site alleging […]
Security Breach
New York Continues to Focus on Companies’ Data Security Practices
New York Attorney General Letitia James recently announced two agreements related to data breaches with entities that operate in the education industry. In both instances the entities paid the ransom and received evidence of deletion of the stolen data. Most recently, on October 5, 2023 the Office of the Attorney General (OAG) announced a $49.5 […]
Maryland Amends Data Breach and Reasonable Security Requirements
Maryland recently passed House Bill 962, amending Maryland’s Personal Information Protection Act (PIPA) (Md. Code Ann. Comm. Law 14-3504). As summarized below, House Bill 962 amends certain aspects of PIPA relating to breach notification and maintaining reasonable security measures to protect personal information. The bill becomes effective October 1, 2022. Reasonable Security: Beginning October 1, […]
EDPB Issues Draft Guidelines on the Calculation of Administrative Fines
On May 16, 2022, the European Data Protection Board (‘EDPB’) published draft regulatory guidelines (‘draft guidance’) on the calculation of administrative fines for infringements of the EU General Data Protection Regulation (‘GDPR’). In the draft guidance, the EDPB sets out its methodology, consisting of five steps, for calculating administrative fines. The EDPB adopted these guidelines […]
CISA Issues Statement on Log4j Critical Vulnerability
Log4j is a java-based tool from Apache’s open source library used for parsing logs that never seems to have made headlines before this past weekend. Now, following the December 9th public announcement of a vulnerability in this tool, public and private sector security partners are issuing warnings about this “critical vulnerability.” While the full scope […]