notice-of-data-security-incident Government Related Topics 
Troutman Sanders
NOVEMBER 29, 2021
Entities that collect Wisconsin residents’ personal information and are licensed, registered, or authorized (licensee) with the Office of the Commissioner of Insurance (commissioner) will have to abide by a new data security law (Wisconsin’s Insurance Data Security Law), which came into force on November 1.
Troutman Sanders
DECEMBER 2, 2021
On November 18, federal banking agencies [1] issued the long-awaited final rule, [2] establishing data security incident response notification requirements for “banking organizations” and “bank service providers” (terms defined below). Introduction. Final Rule Requirements. Federal Reserve: Banking organization means a U.S.
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Burr Forman
JUNE 22, 2021
The National Security Council has issued an open letter warning all businesses to be alert and prepared for ransomware attacks. While the IT team is involved in that effort, the internal incident response team should be assembled. It is hard to find a news post without a story on a ransomware attack. Internal Team.
True Accord
JUNE 29, 2023
In today’s financial landscape, regulators at both the federal and state level are driving accountability for companies when it comes to data protection and security. Failure to implement these best practices can result in a security incident or worse, a data breach.
Burr Forman
DECEMBER 10, 2021
Have you cataloged all the data you collect and where it is stored so that you can determine whose information is impacted by a breach? In most cases, substitute notice requires notification to be placed prominently on your website as well as distributed through the media, in print, on television, and/or by radio.
Troutman Sanders
NOVEMBER 23, 2021
This will allow the CFPB to detect activity by former employees and other government agencies potentially violating existing ethics and confidential information disclosure laws and regulations. For more information, click here. For more information, click here. For more information, click here. For more information, click here.
Troutman Sanders
MAY 13, 2021
26, 2021), which clarifies the circumstances under which plaintiffs alleging an increased risk of future identity theft or fraud due to the exposure of their personal data can establish Article III standing. Factual Background. The plaintiffs then sued CLA for negligence and violation of state consumer protection laws.
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