Paul Farrell reports: Australia’s immigration department has announced the creation of a new taskforce to strengthen the handling of sensitive information following an embarrassing data breach involving the personal details of G20 world leaders. […] The immigration department has been involved in several other serious privacy breaches since 2012, including the disclosure of details of almost 10,000 people…
Month: April 2015
The Netherlands: new rules for cookies, data breaches and fines
Joke Bodewits of Hogan Lovells writes: Recently, new rules on cookies (all links in Dutch) came into force in the Netherlands. In addition, the Dutch Second Chamber approved a draft bill to introduce a mandatory data breach notification requirement and to strengthen the Dutch Data Protection Authority’s investigative and fining powers. The new rules apply to all companies acting…
FTC and Wyndham Present Arguments on Whether FTC has Declared Unreasonable Cybersecurity Practices Unfair
Katherine Gasztonyi writes: On Friday, March 27, 2015, the Federal Trade Commission and Wyndham Worldwide Corp. filed supplemental briefing in the Third Circuit regarding whether the FTC had made an adjudicative decision that the FTC Act prohibits unreasonable cybersecurity practices and, if not, whether a federal court could hear a case charging a violation of the FTC Act…
Why Data Breaches Don’t Hurt Stock Prices
Elena Kvochko and Rajiv Pant review the impact of some of the major breaches, noting what we’ve all noted – that breaches generally don’t have a huge economic impact on stock prices. Here’s a snippet from their article: This mismatch between the stock price and the medium and long-term impact on companies’ profitability should be…
Kazakhstan Government Sues 100 “Does” Over Hack
Mike Heuer of Courthouse News reports that a lawsuit has been filed in Santa Clara County Court against Does over the hack of Kazakhstan government emails. You can read more here. This appears to be the second suit the government has filed.