Eversheds Sutherland Cybersecurity and Privacy Insights Blog
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The global cyber scourge continues— Hong Kong Monetary Authority alerts banks on recent cyber security incidents

On May 24, 2019, the Hong Kong Monetary Authority (HKMA) issued an alert regarding eight cyber security incidents involving a total sum of HK$70,000 (Alert). While not necessarily a lot of money, it is a timely reminder to banks and the public to stay vigilant across global operations, and to maintain an up-to-date global regulatory strategy. Introduction From the Alert, three banks...

The new Swedish Protective Security Act

Sweden has joined a growing number of jurisdictions that have passed strict laws to protect security-sensitive activities including cybersecurity laws that extend beyond the protection of personal data and which extend beyond national borders. Learn more.

Your quarterly privacy & cybersecurity update

Welcome to the third 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. This quarter’s report features commentary on a number of interesting developments,...

Biometrics beware – Compliance and the Biometric Information Privacy Act

In light of the rising tide of costly class action lawsuits brought under the Illinois Biometric Information Privacy Act (BIPA), companies that use biometrics—even, in some cases, companies outside of Illinois that do not themselves collect biometric information—should be become familiar with this statute’s strict requirements. • Even photographs, when used for security purposes like...

The New Vendor Management World Under NYDFS’ New Cyber Regulation

As of March 1, 2019, the New York State Department of Financial Services’ (NYDFS) cybersecurity regulation, 23 NYCRR Part 500, requires financial services institutions regulated by NYDFS to implement policies and procedures to address the cybersecurity risks posed by third-party service providers to the institutions’ nonpublic information (NPI). Learn...

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