Cybersecurity & Data Protection
Cyber incidents and data breaches can trigger serious and lasting reputational, legal and business harm. We help clients manage and respond to fast-moving cyber crisis situations, while advising them on effective, proactive strategies to reduce risk by preparing for a cyber incident before it occurs.
Jeannie Rhee, a former U.S. Deputy Assistant Attorney General, is joining the firm as a partner in the Litigation Department.
On July 25, 2019, New York Governor Andrew M. Cuomo signed into law a new data security law, the Stop Hacks and Improve Electronic Data Security (“SHIELD”) Act.
On July 8 and 9, 2019, the Information Commissioner’s Office (ICO) – the data protection authority of the United Kingdom – announced its intention to levy substantial fines against two companies for violations of the EU General Data Protection Regulation (GDPR).
Litigation partner Jeannie Rhee was quoted in a July 24 Tech Wire Asia article discussing the increase in regulatory and legal actions against organizations as global data privacy and protection standards have changed.
- Cybersecurity & Data Protection
- Justin Anderson
- H. Christopher Boehning
- Jessica S. Carey
- Roberto J. Gonzalez
- Jeh Charles Johnson
- Jonathan S. Kanter
- Brad S. Karp
- Mark F. Mendelsohn
- Lorin L. Reisner
- Richard C. Tarlowe
- Theodore V. Wells Jr.
- Adam J. Bernstein
- Michael A. Brodlieb
- Economic Sanctions & AML
- Financial Institutions
On May 22, 2019, the New York State Department of Financial Services (“DFS”) announced the creation of a new Cybersecurity Division, which it described as the “first of its kind at a banking or insurance regulator.”
SEC Issues Report Reminding Registrants to Consider Cyber Threats When Implementing Internal Accounting Controls
On October 16, 2018, the Securities and Exchange Commission (the “SEC”) issued a Report of Investigation (“Report”) (available here) cautioning public companies to carefully consider cyber threats when implementing and maintaining their internal accounting controls.
In this video, litigation partner and former Secretary of Homeland Security Jeh Johnson discusses the current state of cybercrime, as well as fundamental steps companies can take to protect against a cyber-attack.
In this video, litigation partner Roberto Gonzalez discusses the implications of the New York Department of Financial Service's landmark cybersecurity rule, as well as cyber rulemaking efforts by the federal banking agencies.
On March 2, the Consumer Financial Protection Bureau entered an enforcement order against online payment platform Dwolla, Inc. for deceiving consumers about its data security practices and the safety of its online payment system.