The following is part of our annual publication Selected Issues for Boards of Directors in 2025. Explore all topics or download the PDF.
The SEC pursued multiple high profile enforcement actions in 2024, alongside issuing additional guidance around compliance with
On October 22, 2024, the SEC announced settled enforcement actions charging four companies with making materially misleading disclosures regarding cybersecurity risks and intrusions. These cases mark the first to bring charges against companies who were downstream victims of the well-known
Last week, the New York Department of Financial Services (“DFS”) issued guidance addressed to executives and information security personnel of entities regulated by DFS to assist them in understanding and assessing cybersecurity risks associated with the use of artificial intelligence
Following on the heels of major developments coming out of the Senate last week to advance privacy protections for children online, the Department of Justice (“DOJ”) officially filed a lawsuit on Friday against TikTok, Inc., its parent company, ByteDance, and
On July 17, 2024, Law No. 90/2024 containing provisions for strengthening national cybersecurity and addressing cybercrime (the “Cybersecurity Law”) entered into force.
On April 26, 2024, the Federal Trade Commission (“FTC” or the “Commission”) announced changes to the Health Breach Notification Rule (“HBNR”), which requires certain entities not covered by the Health Insurance Portability and Accountability Act (“HIPAA”) to notify consumers, the
In our Alert Memorandum of 19 July 2022 (available here), we outlined the European Commission’s (the “Commission”) proposal for a regulation on the “European Health Data Space” (the “Regulation” or the “EHDS”). The proposal, which was published in May
After years of fits and starts—including failed attempts to pass the American Data Privacy and Protection Act in 2022—Congress has renewed its attempt to nationalize privacy protections for American consumers with introduction of the American Privacy Rights Act (the “APRA”
On March 7, 2024, the Court of Justice of the European Union (the “CJEU”) handed down its judgment in the IAB Europe case, answering a request for a preliminary ruling under Article 267 TFEU from the Brussels Market Court.[1]
The Biden administration recently issued Executive Order 14117 (the “Order”) on “Preventing Access to Americans’ Bulk Sensitive Personal Data and United States Government-Related Data by Countries of Concern.” Building upon earlier Executive Orders[1], the Order was motivated by
