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Updata – Your quarterly privacy & cybersecurity update

Welcome to the second edition of Updata – the international quarterly update from Eversheds Sutherland’s dedicated Privacy and Cybersecurity team. Updata provides you with a compilation of privacy and cybersecurity regulatory and legal updates from our contributors around the globe over the past quarter. You can find previous editions on our dedicated webpage....

New guidance proposed on the extra-territorial scope of the GDPR

The agency responsible for administering the General Data Protection Regulation (GDPR) recently proposed guidelines to clarify the extra-territorial scope of Europe’s sweeping new privacy law. While these guidelines are not yet finalized, they indicate that the reach of the GDPR spreads far beyond the European Union. American businesses that had concluded that they were likely exempt...

Vietnam sheds light on impending cybersecurity law

Vietnam recently issued a draft decree that clarifies the scope of its impending cybersecurity law and its impact on foreign businesses. The law is set to go into effect on January 1, 2019, though the implementation of certain requirements that impact foreign companies the most will likely be delayed. Unlike other cybersecurity and data privacy laws passed this year, which were...

Right out of the box – California enacts first-of-its-kind statute regulating internet-of-things

The California legislature had a big year in 2018. While a great deal of attention has focused on the California Consumer Privacy Act of 2018 (CCPA), California also passed a less-publicized, but highly critical, statute that will regulate certain aspects of Internet of Things (IoT or connected) device security. The IoT law, known as SB-327, should have a significant impact that...

Malaysia seeks to expand personal data protection

Malaysia is looking to impose a data breach notification (DBN) requirement to its existing data privacy law, which would impact companies around the world who do business in Malaysia. The Malaysian Personal Data Protection Commissioner is currently hearing feedback on Public Consultation Paper No. 1/2018, which would impose a DBN requirement on companies that need to be registered with...

Videocast: Blockchain technology in the financial services industry

Blockchain and distributed-ledger technology hold tremendous promise, far beyond cryptocurrencies. However, there are also real pitfalls, which are often not identified until it is too late. This Bottom Line videocast discusses: What is blockchain, and how is it broader than bitcoin and other cryptocurrencies? Why it may be revolutionary, but why it will not solve all problems—and why...

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