Sindhu Ajay reports: The US Office of the Comptroller of the Currency, the Federal Reserve Board, and the Federal Deposit Insurance Corporation Friday proposed a new computer-security incident notification requirement for banking organizations and their bank service providers. The proposed rule would require a banking organization to provide its primary federal regulator a prompt notification of…
Category: Legislation
Data Protection Commission announces decision in Twitter inquiry
15th December 2020 The Data Protection Commission (DPC) has today announced a conclusion to a GDPR investigation it conducted into Twitter International Company. The DPC’s investigation commenced in January, 2019 following receipt of a breach notification from Twitter and the DPC has found that Twitter infringed Article 33(1) and 33(5) of the GDPR in terms…
China Publishes Lists and Rules Related to Import and Export of Commercial Encryption
Eric Carlson, Yan Luo, Min He and Zhijing Yu of Covington & Burling write: On December 2, 2020, China’s Ministry of Commerce (“MOFCOM”), State Cryptography Agency (“SCA”), and the General Administration of Customs (“Customs”) jointly issued three documents (here) related to import and export of commercial encryption items: List of Commercial Encryption Subject to Import…
U.S. Supreme Court to Weigh Anti-Hacking Law’s Limits on Access
Andrea Vittorio reports: The U.S. Supreme Court is set to hear oral argument Nov. 30 over the scope of an anti-hacking law in a case that has implications for cybersecurity research, and other situations where computer access is in question. The case, Van Buren v. United States, involves whether people who misuse their authorized access can be…
Bipartisan Internet of Things Security Bill Passes Congress
From EPIC.org: Both branches of Congress have now passed a bill governing the security of the Internet of Things. The “Internet of Things Cybersecurity Improvement Act of 2019” sets baseline cybersecurity standards for IoT devices purchased by the federal government. The bipartisan measure is sponsored by Rep. Will Hurd (R-Texas) and Rep. Robin Kelly (D-Ill.) in the House and…
Trudeau Privacy Law to Level Stiff Fines for Digital Breaches
Kait Bolongaro reports: Prime Minister Justin Trudeau’s government unveiled a remake of Canadian privacy laws to strengthen user rights in the digital world. Under legislation introduced Tuesday in Ottawa, companies that commit the most serious offenses would be hit with fines worth as much as 5% of revenue or C$25 million ($19 million), whichever is…