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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....

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...

Financial institutions in Singapore to strengthen their cyber resilience— Monetary Authority of Singapore consults on cyber security measures

Recently, JPMorgan Chase CEO Jamie Dimon warned that the “biggest vulnerability” for the financial system is the threat of cyber attacks. Hackers, especially those working for nation-states, have grown more sophisticated and more determined, especially as geopolitical tensions rise. On September 6, 2018, the Monetary Authority of Singapore (MAS) issued a Consultation Paper on the...

Indictment in Massive Iranian Cyberbreach Shows Companies Still Vulnerable

If general counsel fear their companies are vulnerable to cyberattacks from far afield, they have good reason. An indictment unsealed Friday details how hackers hired by the Iranian government broke into computer systems of at least 36 U.S. companies, including technology firms, banks, media companies and a law firm. Learn...

Triton Malware Shuts Down Industrial Plant

Cybersecurity experts at FireEye have issued a warning after a recent hacker attack caused “operational disruption to critical infrastructure” at an unnamed industrial plant. The hackers introduced a malware program that FireEye is calling “Triton” into the security system, likely in preparation for a larger attack. Learn...

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