Aaron Nicodemus reports: The Securities and Exchange Commission (SEC) will require broker-dealers and registered investment advisers to adopt written policies and procedures for handling data breaches of customer data and notify affected customers within 30 days. On Thursday, the SEC approved amendments to Regulation S-P, known as the safeguards rule. The rule requires covered entities to…
Category: Legislation
Singapore Cybersecurity Update Puts Cloud Providers on Notice
Robert Lemos writes: Lawmakers in Singapore updated the nation’s cybersecurity regulations on May 7, giving more power to the agency responsible for enforcing the rules, adopting definitions of computer systems that include cloud infrastructure, and requiring that critical information infrastructure (CII) operators report any cybersecurity incident to the government. The Cyber Security Act amendment takes…
Telemarketing: the Privacy Guarantor sanctions Enel Energia. The company had not protected its databases from access by abusive brokers
Seen at GPDP: Telemarketing: the Privacy Guarantor sanctions Enel Energia The company had not protected its databases from access by abusive touts The Privacy Guarantor has imposed a fine of over 79 million euros on Enel Energia for serious shortcomings in the processing of personal data of numerous users in the electricity and gas sector, carried out…
Brazilian Data Protection Authority approves data breach notifying regulation
Cristiane Manzueto, Rodrigo Leal, Ana Letícia Allavato, and Diego Semeraro of Mayer Brown write: Resolution No. 15, of April 24, 2024, of the Brazilian Data Protection Authority (“ANPD”), approved the Data Breach Notifying Regulation (the “Regulation”). The Regulation establishes procedures for data controllers to notify subjects of data breaches, as required by Article 48 of…
UK makes weak default passwords illegal
Three cheers for the U.K. on this one. Kevin Purdy reports: If you build a gadget that connects to the Internet and sell it in the United Kingdom, you can no longer make the default password “password.” In fact, you’re not supposed to have default passwords at all. A new version of the 2022 Product Security…
FTC Finalizes Changes to the Health Breach Notification Rule
The Federal Trade Commission today announced it has finalized changes to the Health Breach Notification Rule (HBNR) that will strengthen and modernize the rule by clarifying its applicability to health apps and other similar technologies and expanding the information that covered entities must provide to consumers when notifying them of a breach of their health…