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CPRA countdown: Changes to consumer rights in California

As we have previously highlighted, the California Privacy Rights Act (CPRA) has created several new consumer rights that will require businesses to change existing California Consumer...

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To pay or not to pay: Another regulator weighs in on the decision to pay a ransom

Ransomware victims face a nearly impossible decision: pay criminals holding their business hostage or refuse and face possible crippling consequences. This decision requires careful...

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New York regulator issues cyber insurance risk framework with implications for insurers and insureds

On February 4, the New York Department of Financial Services (NYDFS) released Insurance Circular Letter No. 2 (2021), a Cyber Insurance Risk Framework (Framework) for insurers that write...

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Virginia poised to enact comprehensive consumer privacy law

Virginia is on track to be the second U.S. state to enact comprehensive consumer privacy legislation. Both the Virginia House of Delegates and the Virginia Senate have passed nearly...

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New proposed rule requires banks to notify regulators within 36 hours of a cybersecurity incident

On January 12, 2021, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC)...

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CPRA Countdown: How businesses can comply with the CPRA

California voters have spoken: in November 2020, they voted to enact the California Privacy Rights Act (CPRA), which will mark a significant expansion of California’s existing privacy ...

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California voters approve significant CCPA changes

California voters have approved the California Privacy Rights Act (CPRA or Proposition 24), a new law coming into effect on January 1, 2023 that will significantly amend the California...

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CFPB issues advanced notice of proposed rulemaking on Section 1033 regarding consumer access to financial data

The Consumer Financial Protection Bureau (CFPB) released an advanced notice of proposed rulemaking (ANPR) requesting information related to consumer access to financial records. The ANPR is ...

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CCPA regulations: Deadline approaching for comments to proposed modifications

On October 12, the California Attorney General announced a new set of proposed modifications to the CCPA regulations. Although this third set of proposed modifications is relatively brief,...

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