Searching Content indexed under Security by Cadwalader, Wickersham & Taft LLP ordered by Published Date Descending.
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Cabinet Offers Topic Page On Cybersecurity And Data Protection Regulation (Video)
The Cybersecurity and Data Protection page helps financial institutions keep current on evolving legal and regulatory issues.
United States
16 Aug 2019
NASAA Regulators Target Crypto-Related Fraud
NASAA also stated it is releasing a new video for retail investors on common crypto investment schemes and how to guard against them.
United States
9 Aug 2019
New York State Governor Signs Bills Expanding Data Breach Notification Requirements
On Friday, July 26, 2019, New York Governor Andrew Cuomo signed two bills into law designed to enhance cybersecurity protections for New York residents. The legislation updates New York's
United States
9 Aug 2019
Facebook To Pay Over $5 Billion To Settle Federal Data Breach Charges
Facebook agreed to pay a $5 billion fine to the FTC and the DOJ to settle claims that the company engaged in deceptive business practices by failing to abide by a 2012 settlement order
United States
31 Jul 2019
Credit Reporting Agency Agrees To Pay Over $575 Million To Settle Federal And State Data Breach Charges
Consumer credit reporting agency Equifax agreed to pay at least $650 million and possibly hundreds of millions more in fines and other costs as part of a global settlement with the FTC, the CFPB.
United States
29 Jul 2019
Facebook Executive Responds To Regulatory Concerns Over Proposed Cryptocurrency
A Facebook executive responded to regulatory concerns over the company's proposed blockchain-based cryptocurrency, "Libra."
United States
25 Jul 2019
House Financial Services Committee Considers Testimony On Implications Of Libra
Members of the U.S. House Committee on Financial Services considered testimony on the potential impact of Facebook's proposed Libra cryptocurrency on consumers, investors and the global financial system.
United States
24 Jul 2019
CFTC Updates Data Catalogue Pursuant To Data Protection Initiative
The CFTC finished updating its data catalogue, completing the first of five steps under its Data Protection Initiative.
United States
23 Jul 2019
IOSCO Urges Member Jurisdictions To Use Internationally Recognized Cyber Regulation Frameworks
IOSCO urged member jurisdictions to continue using internationally recognized cyber regulation frameworks (the "Core Standards").
United States
2 Jul 2019
New York State Passes Bill To Expand Data Breach Notification Requirements
The New York State legislature passed the "Stop Hacks and Improve Electronic Data Security Act" (the "SHIELD Act") to enhance cybersecurity
United States
2 Jul 2019
CFTC Inspector General Urges Agency To Address Deficiencies In Data Governance Program
The CFTC Office of the Inspector General highlighted deficiencies in the agency's Data Governance program and advised the CFTC to improve its Integrated Surveillance System platform or transfer to a better platform.
United States
27 Jun 2019
Senate Banking Committee Considers Testimony On Consumer Data Vendors
The U.S. Senate Committee on Banking, Housing and Urban Affairs considered testimony on the impact of information resellers
United States
24 Jun 2019
Online Retailer Settles New York State Investigation Over Consumer Data Breach
An online retailer agreed to pay $65,000 in penalties and implement certain remedial data security policies in order to resolve a consumer data breach investigation conducted by the New York
United States
21 Jun 2019
SEC Names Senior Adviser For Cybersecurity Policy
The SEC named Kevin Zerrusen to serve as Senior Adviser for Cybersecurity Policy. Mr. Zerrusen will serve Chair Jay Clayton and be responsible for (i) coordinating the agency's efforts
United States
19 Jun 2019
SEC OCIE Director Urges Firms To Establish And Maintain Strong Compliance Programs
SEC Office of Compliance Inspections and Examinations ("OCIE") Director Peter Driscoll urged firms to establish and maintain strong compliance programs that address.
United States
31 May 2019
President Trump Declares National Emergency Over Foreign Cyber Threats
President Trump declared a national emergency and issued an Executive Order prohibiting the acquisition, importation or use of foreign information and communications technology that poses a risk of sabotage or other harm to U.S. national security.
United States
31 May 2019
Hackers Steal Bitcoin From Global Cryptocurrency Exchange
Binance, a global cryptocurrency exchange, reported a security breach on May 7, 2019, in which hackers seized over 7,000 bitcoin (approximately $41 million) in a single transaction.
United States
31 May 2019
FINRA Outlines Steps Firms May Take To Address Imposter Websites
FINRA outlined various steps broker-dealers may take to monitor and respond to the increasing frequency of imposter websites created to defraud clients.
United States
14 May 2019
NFA Reminds Members Of Effective Date For Amendments To Cybersecurity Requirements
The NFA reminded members that April 1, 2019 is the effective date for amendments to the Interpretive Notice relating to information systems security programs ("ISSP").
United States
21 Mar 2019
Government Accountability Office Renews Call For National Data Privacy Legislation
In a Report to the House Committee on Energy and Commerce, the Government Accountability Office ("GAO") recommended that Congress pursue comprehensive federal legislation on cybersecurity and data privacy.
United States
14 Mar 2019
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