Cybersecurity Law Report | Two Settlements Show NYDFS’ Hidden Power to Use Other States’ Breach Laws

Keep up with what’s happening in privacy, data security, and all things cyber – from California privacy laws to federal reporting rules to new data transfer rules across the Atlantic – from our Privacy, Cyber & Data Strategy Group.

Keep up with what’s happening in privacy, data security, and all things cyber – from California’s CCPA, CPPA, and CPRA to FTC and SEC actions to EU #GDPR guidance – from our Privacy, Cyber & Data Strategy Group.

On October 18, 2022, EyeMed Vision Care LLC (“EyeMed”) entered into a Consent Order with the New York Department of Financial Services (“DFS”) relating to a cybersecurity event from 2020 that exposed consumer nonpublic information (“NPI”) to an unauthorized individual. EyeMed agreed to pay DFS a $4.5 million penalty, in addition to implementing mandatory remediation […]

The post NYDFS Announces Significant Cybersecurity Settlement with EyeMed Vision Care appeared first on Alston & Bird Privacy, Cyber & Data Strategy Blog.

Over the last decade, cybersecurity has developed into an increasingly critical business and legal concern for companies and individuals across the globe. This article explores recent actions and potential future developments in cyber-related securities litigation while building on trends observed over the past several years.

Companies face increasingly tough decision points in preparing for and responding to the proliferation of ransomware attacks. Our Privacy, Cyber & Data Strategy Group outlines seven issues for general counsel to consider as companies calibrate their cybersecurity preparedness to the current ransomware threat landscape.