Region: United States of America

SEC sounds the alarm on email fraud

The US Securities and Exchange Commission will take no action against nine public companies that lost $100 million through email fraud, but warned that regulated companies may need to reassess their accounting controls in light of emerging cyber risks.

18 October 2018

US senators urge India to drop data localisation requirements

Two US lawmakers have raised concerns about India’s data localisation policies in a letter which encourages the country to instead adopt a light-touch regulatory framework to foster investment and innovation.

17 October 2018

King & Spalding hires cybercrime expert

The DOJ’s former counsel for cyber investigations, Scott Ferber, has rejoined King & Spalding as a partner in Washington, DC.

15 October 2018

Google facing class action and possible probes over Google+ vulnerability

Google is facing a California class action and potential investigations by enforcers in the US and Europe after revealing that a bug in its social media platform Google+ compromised data of 500,000 users.

11 October 2018

US privacy advocates call for enhanced enforcer powers

Privacy advocates called for the US to enact GDPR-style federal privacy legislation, backing increased powers for enforcers or even the establishment of a standalone data protection authority at a Senate hearing yesterday.

11 October 2018

BakerHostetler adds partner in DC

BakerHostetler has added to its privacy and data protection team with the hire of Sarah (Xiaohua) Zhao from Faegre Baker Daniels.

08 October 2018

Blockchain networks not immune to hacks, NIST warns

The US Department of Commerce’s agency the National Institute of Standards and Technology says using blockchain will not necessarily increase networks’ security standards.

05 October 2018

Delaware court refuses to enforce Fresenius/Akorn merger agreement

A judge has ruled that healthcare company Fresenius was entitled to pull out of a planned $4.75 billion takeover of generic drugmaker Akorn, after finding that the target made false representations about the state of its data.

04 October 2018

US court says insurer has no duty to defend cyberattack negligence lawsuit

The Orlando federal district court has ruled that an insurance company does not have to defend its insured for damage caused by a third party hack.

04 October 2018

Covington promotions bolster data practice

Covington & Burling has named 20 new partners in the US, with six promotions in the data, technology and consumer protection space.

03 October 2018

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