Lo Hoi-ying reports: Hong Kong’s legislature has approved the city’s first bill targeted at cybersecurity for computer systems needed for critical infrastructure, with operators facing fines of up to HK$5 million (US$643,000) for failing to keep them up to date. The Legislative Council on Wednesday passed the Protection of Critical Infrastructure (Computer System) Bill amid…
Category: Legislation
Swiss critical sector faces new 24-hour cyberattack reporting rule
Bill Toulas reports: Switzerland’s National Cybersecurity Centre (NCSC) has announced a new reporting obligation for critical infrastructure organizations in the country, requiring them to report cyberattacks to the agency within 24 hours of their discovery. According to the NCSC announcement, this new requirement is introduced as a response to the increasing number of cybersecurity incidents…
A Brief Reminder About the Florida Information Protection Act
Joseph Lazzarotti of JacksonLewis writes: According to one survey, Florida is fourth on the list of states with the most reported data breaches. No doubt, data breaches continue to be a significant risk for all business, large and small, across the U.S., including the Sunshine State. Perhaps more troubling is that class action litigation is more…
Supreme Court declines to weigh in on FQHC’s patient data security liability
Dave Muoio reports: The Supreme Court has declined to hear a case on whether a Federally Qualified Health Center is immune from liability over a former patient’s stolen personally identifying information (PII). The class-action lawsuit stemmed from a patient who received care and provided that information to Sandhills Medical Foundation, an FQHC, in 2018. The…
How federal rules on cybersecurity breach transparency for businesses were challenged in court in 2024
Dom DiFurio reports: In October, four companies collectively paid nearly $7 million as part of a settlement with the Securities and Exchange Commission for allegedly failing to properly inform investors of a cyberbreach affecting their companies, a liability American businesses have not previously faced. The companies were compromised in a cyberattack targeting their IT software provider in…
Bill raising the bar for class-action suits in data breach incidents advances
Rural Radio reports: A measure that would raise the bar for filing class-action lawsuits in state courts against private entities that suffer a cybersecurity breach has received first round approval in the Nebraska Legislature. Lawmakers spent a considerable amount of floor debate Tuesday and today discussing LB 241, which would require willful, wanton, or gross…