January 12, 2024 New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris today announced that Genesis Global Trading, Inc. (“Genesis Global Trading”) will pay an $8 million penalty to New York State for compliance failures that violated DFS’s virtual currency and cybersecurity regulations and left the company vulnerable to illicit activity and…
Category: Legislation
After Barrage of Hacks, Hospitals Will Face New Federal Cybersecurity Rules Tied to Funding
Eric Geller reports: The Biden administration plans to unveil new cybersecurity requirements for hospitals in the coming weeks as government officials scramble to stem a disturbing tide of hacks that have crippled health-care providers, delayed procedures and raised concerns about patient safety. The Centers for Medicare & Medicaid Services, an arm of the Department of…
Resources: Breach notification laws: US and GDPR
The law firm of BakerHostetler has recently released several free resources of note: EU GDPR Data Breach Notification Interactive Map State Data Breach Notification Law Interactive Map PDF Version of State Data Breach Notification Laws They have also released their annual Data Security Incident Response Report for 2023. Thanks, as always, to Joe Cadillic for…
Attorney General James Reaches Agreement with Refuah Health Center to Invest $1.2 Million to Protect Patient Data and Pay $450,000 in Penalties to State
January 5, 2024 NEW YORK – New York Attorney General Letitia James today announced an agreement with a Hudson Valley-area health care provider, Refuah Health Center, Inc. (Refuah), for failing to safeguard the personal and private health information of its patients. The Office of the Attorney General (OAG) found that Refuah failed to maintain appropriate controls to protect and limit access to sensitive data, including by failing to encrypt patient information and using multi-factor authentication. As…
Court of Justice of the European Union Rules That Fear May Constitute Damage Under the GDPR
Hunton Andrews Kurth writes: On December 14, 2023, the Court of Justice of the European Union (“CJEU”) issued its judgment in the case of VB v. Natsionalna agentsia za prihodite (C‑340/21), in which it clarified, among other things, the concept of non-material damage under Article 82 of the EU General Data Protection Regulation (“GDPR”) and the rules…
China issues draft contingency plan for data security incidents
Eduardo Baptista reports: China on Friday proposed a four-tier classification to help it respond to data security incidents, highlighting Beijing’s concern with large-scale data leaks and hacking within its borders. The contingency plan comes amid heightened geopolitical tensions with the United States and its allies and follows an incident last year when a hacker claimed…