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First American Financial Pays Farcical $500K Fine

Krebs on Security

In May 2019, KrebsOnSecurity broke the news that the website of mortgage settlement giant First American Financial Corp. Securities and Exchange Commission settled its investigation into the matter after the Fortune 500 company agreed to pay a paltry penalty of less than $500,000. This week, the U.S. billion last year.

Insurance 289
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SEC Chair: Sweeping New Cybersecurity Rules Are Coming Soon

Data Matters

On Monday, January 24, 2022, in a speech at the Northwestern University Pritzker School of Law annual Securities Regulation Institute conference, Gary Gensler, Chair of the U.S. These SEC rules could broadly affect cybersecurity requirements across the U.S. Public companies currently must disclose material cybersecurity incidents.

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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147
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New York Enacts Stricter Data Cybersecurity Laws

Data Matters

On July 25, 2019, Governor Cuomo signed the two bills into law, one which amended the state’s data breach notification law, and another that created additional obligations for data breaches at credit reporting agencies. The Stop Hacks and Improve Electronic Data Security Act.

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GDPR – The Year in Review

HL Chronicle of Data Protection

Following the one-year anniversary of the coming into effect of the GDPR, Hogan Lovells’ Privacy and Cybersecurity practice has prepared summaries of key GDPR-related developments of the past 12 months. The summaries cover regulatory guidance, enforcement actions, court proceedings, and various reports and materials.

GDPR 40
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Nevada, New York and other states follow California’s CCPA

Data Protection Report

On May 29, 2019, Nevada enacted an amendment to its online privacy law, requiring businesses to offer consumers a right to opt-out of the sale of their personal information. Redefines “personal information” to exclude information from government records. Narrows disclosure requirement to categories of third parties sold to.

Sales 40
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The debate on the Data Protection Bill in the House of Lords

Data Protector

Banks must still be allowed to process data to prevent fraud; regulators must still be allowed to process data to investigate malpractice and corruption; sports governing bodies must be allowed to process data to keep the cheats out; and journalists must still be able to investigate scandal and malpractice. change it substantially.

GDPR 120