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Connecticut Legislature Passes Comprehensive Privacy Legislation, Awaiting Governor’s Signature

Troutman Sanders

On April 28, the Connecticut House passed Senate Bill 6 , an act concerning personal data privacy and online monitoring (SB 6 or Connecticut Act). If the bill becomes law, it will go into effect on July 1, 2023, making Connecticut the fifth state to enact a comprehensive data privacy law. Privacy Notices. Who Must Comply?

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Biden Signs Executive Order Aimed at Improving the Federal Government’s Cybersecurity

Troutman Sanders

On May 12, President Biden signed an executive order (EO) that seeks to improve the federal government’s cybersecurity. The EO requires revisions to the Federal Acquisition Regulation (FAR) and the Defense Federal Acquisition Regulation Supplement (DFARS).

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Privacy and Cybersecurity Activities. The sum in July of all net foreign acquisitions of long-term securities, short-term U.S. Privacy and Cybersecurity Activities: On September 17, 2020, the National Security Agency (NSA) released best practice guidelines for those working remotely during the COVID-19 pandemic.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Privacy and Cybersecurity Activities. State Activities: On May 6, Georgia Attorney General Chris Carr joined a coalition of 20 attorneys general in opposing the Disinformation Governance Board in a letter sent to Department of Homeland Security Secretary Alejandro Mayorkas. trillion to the federal government. State Activities.

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OCC Closely Watches as Banks and Fintech Partner

Troutman Sanders

Digitalization has put a premium on online and mobile engagement, customer acquisition, customization, big data, fraud detection, artificial intelligence, machine learning, and cloud management. A majority are related to fundamental elements of risk management, e.g., board oversight, governance, and internal controls.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Privacy and Cybersecurity Activities. Federal Activities: On May 28, the Federal Reserve Board requested public comment on proposed changes to its Policy on Payment System Risk (PSR policy) that governs the provision of intraday credit, or daylight overdrafts, to healthy depository institutions with accounts at the Federal Reserve Banks.

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No Pain No Gain – Magistrate Judge Recommends Dismissal of Data Breach Suit Where Medical Information Was at Issue

Troutman Sanders

million Practicefirst employees and patients and resulted in the unauthorized acquisition of: names, addresses, email addresses, dates of birth, driver’s license numbers, Social Security numbers, medical diagnosis treatment information, and financial information. The breach impacted the information of over 1.2 1] TransUnion v.