Uber has had a hard time getting data security right. This past week, the ride-sharing company agreed to pay $148 million in a settlement with 50 state attorneys general and the District of Columbia after it intentionally concealed a 2016 data breach. According to the New York Attorney General, it…
JMBM’s Cybersecurity & Privacy Group is pleased to announce that the Group’s Co-Chair, Michael A. Gold, will be participating as a panelist for the webinar Bristows Legally Speaking! Data protection and information security in EU, India and California – what next? Sponsored by the London-based law firm Bristows, the webinar…
On June 28, 2018, Governor Brown signed the California Consumer Privacy Act of 2018, which goes into effect on January 1, 2020. But – because of certain look-back features in the new law – significant compliance will be required by January 1, 2019. The Act is enforceable by the California…
Agreeing to ransom terms is a losing proposition; spend your time and energy preparing for an attack. Ransomware attacks are on the rise, partly because of the ease and anonymity of crypto-currencies. In a typical ransomware attack, cyber criminals invade a computer system and encrypt key data, then threaten to…
Any hobbyist will tell you that a proper guide is a must to mastering a craft. However, a hobby is a part-time occupation; most of us know that our businesses need full-time attention. Because cybersecurity threats can impact core business activities, addressing those threats, especially those known as “social engineering”…
It didn’t take long. On June 28, 2018, just more than a month after the EU’s General Data Protection Regulation went into effect, imposing broad obligations and restrictions on any entity collecting personal information of EU citizens and residents, the California legislature has passed AB 375, and the governor has…
The stakes have been raised as the EU’s new General Data Protection Regulation, or GDPR, mandates notification within 72 hours. Once that happens, social media and public opinion give you only hours to get it right. It’s often said that one can do something well, or quickly, but not both. …
By David Ma and Robert Braun The Securities and Exchange Commission (SEC) could be on target to make 2018 the year of cryptocurrency regulation—or at least the start of it. In January, Jay Clayton, chair of the Securities and Exchange Commission, and J. Christopher Giancarlo, chair of the Commodity Futures…
FinCEN, the Financial Crimes Enforcement Network, has indicated that cryptocurrencies will not get an enforcement “pass.” By David Ma and Robert Braun The Treasury Department has outlined its efforts to police electronic currencies in a letter to Sen. Ron Wyden after the lawmaker asked what the department was doing to…
Welcome to the third article in our series of blogs about blockchain technology and its impact on business practices, corporate governance and cybersecurity. In Robert Braun’s article, Blockchain: The good, the bad, and how to tell the difference published by FinTech Weekly, he explores two issues about…