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Standard Contractual Clauses and EDPB Recommendations

The European Data Protection Board (EDPB), a collective of representatives from European data privacy regulators, published important recommendations on the Schrems II judgment, the seismic European decision that invalidated the EU-US Privacy Shield and called into question the continuing viability of personal data transfers from the EU and UK to third countries, particularly the...

A Cybersecurity Storm and Winds of Change: NY DFS requires all New York financial institutions to report effects of SolarWinds hack

The New York Department of Financial Services (NY DFS) issued an alert on Friday, December 18, 2020, requiring all NY DFS regulated entities to immediately report whether they have been affected in any way by the massive, state-sponsored security breach of SolarWinds.  NY DFS’s request for immediate notification from all affected entities goes beyond what is normally required...

Only YOU can prevent IoT network shutdowns

As tens of billions of additional Internet of Things (IoT) devices are poised to enter the market and infuse our supply chains, on December 4, 2020, President Donald Trump signed the first ever federal law governing IoT devices. The IoT Cybersecurity Improvement Act (the Act) will result in new national rules for federal procurement of IoT devices which, along...

Once more unto the breach: The Supreme Court weighs in on a circuit split on what constitutes a hack

The United States Supreme Court hears arguments to decide the reach of the Computer Fraud and Abuse Act (CFAA). The Court is poised to decide whether to “exceed authorized access” constitutes a hack.The CFAA’s ambiguous language has created a circuit split the Supreme Court will now resolve.This decision will have far reaching implications for employers, employees, and...

Quarterly Aerospace, Defense and Security Sector Briefing—Q2 2020

1. When it comes to managing future risk, there’s no time like the present Aerospace and defense companies are continuing to experience a number of supply chain challenges as they look to manage risk long-term. With the world changing and budgets set to be considerably impacted over the coming years. More than ever management teams must rethink and redesign existing approaches to go...

FinCEN advisory highlights increased cybercrime risks during COVID-19

FinCEN Advisory Zeroes in on Opportunistic Cybercrime During the COVID-19 Pandemic: Cybercriminals are hard at work taking advantage of weaknesses in remote processing; FinCEN issues Advisory highlighting red flags that compliance officers should be familiar with to help shore up compliance gaps; Advisory issuance signals possible increased attention by FinCEN on these crimes and...

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