Securities Exchange Commission

Switzerland and United Kingdom Issue Guidance for Data Transfers to SEC 

Businesses and organizations registered with the U.S. Securities and Exchange Commission are often required to share personally identifiable information (PII) with the regulatory body.  But for entities that have operations outside of the U.S., complying with SEC requests has created a legal conundrum since the European Court of Justice’s Schrems 2.0 ruling–which invalidated the EU-U.S.…
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Cybersecurity

Infrastructure Bill Allocates Nearly $2 Billion to Cybersecurity 

On Tuesday, the U.S. Senate approved a $1 trillion infrastructure package, which it has passed along to the House for approval. The package includes a variety of bills that allocate spending toward critical infrastructure, including roads, railways, bridges, electric vehicles, and telecom companies. The package also allocates more than $1.9 billion toward cybersecurity. The move…
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Privacy Laws

Uniform Law Commission Approves Template for State Privacy Laws 

Last month, the Uniform Law Commission (ULC), a nonpartisan coalition of U.S. legal professionals, released a framework from which states can design privacy laws.  The framework, called the Uniform Personal Data Protection Act (UPDPA), has been in development since 2019, and governs how organizations handle U.S. citizens’ sensitive personal data. The framework, or model bill,…
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Data Privacy

Maryland Governor Creates Privacy Officer Roles  

Maryland Governor Larry Hogan took steps to improve his state’s data privacy practices last week.  In two executive orders, the governor established the roles of State Chief Data Officer (SCDO) and State Chief Privacy Officer (SCPO). Though the positions have not been filled yet, Maryland’s Chief Information Security Officer, Chip Stewart, told Government Technology that…
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Data Privacy

Singapore’s New Data Laws Lend a Competitive Advantage

Singapore has consistently kept abreast of changing data privacy laws over the past decade. Now, its Personal Data Protection Commission has updated data privacy protection laws to give itself broader enforcement power and mandate breach notifications. And notably, intentional and accidental mishandling of data will now be categorized as a criminal offense in Singapore.   Other…
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Cybersecurity

US Customs and Border Patrol Falls Short in Data Protection 

A July 15 report by the Department of Homeland Security’s Inspector General reveals inadequate cybersecurity measures taken by the U.S. Customs and Border Protection (CBP) officials. The report assessed the period between July 2017 and December 2019, and found that the personal data of over 10 million U.S. and Canadian travelers using the Mobile Passport…
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Ransomware

U.S. Government Releases Tools for Fighting Ransomware

The U.S. Department of Homeland Security, in conjunction with the U.S. Department of Justice, launched a new one-stop hub for ransomware guidance on July 15. The hub is designed to help the public and private sectors deal with the rising threat of ransomware, writes JD Supra. The hub includes resources for private and public organizations,…
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