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Home Depot Agrees to Pay $17.5 Million in Multistate Settlement Following 2014 Data Breach

Hunton Privacy

million and implement a series of data security practices in response to a data breach the company experienced in 2014. We previously reported on a settlement Home Depot reached in 2017 to resolve a putative class action brought by financial institutions impacted by the 2014 data breach. (“Home Depot”) agreed to pay $17.5

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My 7 top security publications from the ICO

Data Protector

Given what can only be described as an omnishambles of security breaches, is there much more that the ICO can do to warn data controllers of the risks they should take account of? Guidance on data security breach management (Dec 2012). Privacy in mobile apps – guidance for app developers (Dec 2013). Probably not.

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SEC Announces Settled Charges Against First American for Cybersecurity Disclosure Controls Failures – Lessons Learned

Data Matters

In the Order, the SEC alleges that First American’s disclosures concerning the vulnerability were deficient because senior executives were not provided all available and relevant information, specifically that First American’s information security personnel had identified and failed to remediate the vulnerability months earlier in January 2019.

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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. He also signaled the SEC’s continued focus on enforcement and cooperation with other law enforcement agencies. financial markets.

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TD Bank Agrees to Settlement to Resolve Multistate Investigation into 2012 Data Breach

Hunton Privacy

On October 10, 2014, TD Bank, N.A. Provide training for its employees on securing backup tapes. The breach involved the loss of two unencrypted backup tapes containing the personal information of approximately 260,000 customers. View the Assurance.

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New York Banking Regulator Announces New Cybersecurity Assessment Process

Hunton Privacy

On December 10, 2014, the New York State Department of Financial Services (the “Department”) announced that it issued an industry guidance letter to all Department-regulated banking institutions that formally introduces the Department’s new cybersecurity preparedness assessment process.

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Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

4 The Regulation sets minimum standards for compliance related to the assessment of cybersecurity risks, the prevention and detection of security events, and post-breach management. Public access to these documents was caused by an application software vulnerability that was initially introduced in May 2014. e) and 500.01(g),