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On Sept. 7, 2017, the credit reporting agency Equifax reported a data breach affecting approximately 143 million U.S. consumers. Among the personally identifiable information (PII) that was compromised was name, date of birth, address, and Social Security number. For some affected individuals, driver's license number and credit card number were also compromised.
This is not the first time that a credit reporting agency has been breached, nor is it the first time that Equifax has reported a breach, with its payroll subsidiary TALX experiencing a breach concerning its online portal earlier this year. What is different with the current breach is its size and the nature of information compromised, as well as the implications of the breach in light of the increasingly complex web of cybersecurity regulations governing businesses and other organizations nationwide.
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The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
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