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Colorado recently adopted a new law expanding companies’ obligations in the event of a cybersecurity incident, and establishing new data security and disposal obligations. Recent announcements by the SEC likewise emphasize important responsive points for both companies and their personnel in the wake of an incident. Five key takeaways from these developments are highlighted below. In brief, proactively updating company policies, remediation plans, and disclosure and trading practices before a cybersecurity incident arises can go a long way towards efficiently working through a situation when it arises.
By Michael Smolenski
It’s clear that the onset of GDPR regulations and a quickly changing consumer sentiment about the sensitivity and value of their personal data will reorient a company’s interactions with their customers and their information. There will be some pain points in this transition, as Facebook investors recently demonstrated, but it doesn’t have to be a unilateral downturn for the tech industry.
By Zach Warren
Gemalto’s 2018 Breach Level Index found 4.5 billion records were stolen, lost or compromised worldwide in the first half of 2018, a 133 increase over the first half of 2017.
By Roy E. Hadley, Jr.
During the time it takes you to read this article, somewhere in the United States, a governmental entity will probably be the victim of a cyber-attack. This article highlights the areas that are most impactful, based on experience in dealing with both large and small cyber-attacks against governments and governmental entities.
By André Bywater and Jonathan Armstrong
This article provides a brief education about where things currently stand in the UK as regards to sanctions and anti-money laundering in the shifting sands of the Brexit process.