Craig A. Newman of Patterson Belknap writes: The Securities and Exchange Commission is warning investment firms to step up their game when it comes to following the agency’s privacy rules. In a Risk Alert issued by the Office of Compliance Inspections and Examinations (OCIE), a laundry list of compliance “deficiencies or weaknesses” were identified in…
Category: Legislation
North Carolina’s Much Anticipated Data Breach Notification Law Amendment Moves to General Assembly
Joseph J. Lazzarotti and Maya Atrakchi of JacksonLewis PC writes: The much-anticipated amendment to North Carolina’s data breach notification law that we reported on earlier this year (see here) has finally been introduced to the state’s General Assembly. The bill entitled, an Act Amending the Identity Theft Protection Act, House Bill DRH40393-LR10C, is primarily sponsored…
HHS exercises enforcement discretion and reduces maximum civil penalties
Those who want to see HHS/OCR come down like a ton of bricks on more entities and impose heavier civil monetary penalties for HIPAA breaches will likely not be happy to learn that HHS has decided to reduce the maximum civil penalties it will impose for the four tiers of violations of HIPAA. Under the…
B.C. privacy czar urges fast reporting of security breaches
Louise Dickson and Lindsay Kines report: In the wake of a privacy breach at the B.C. Pension Corporation, B.C.’s privacy commissioner is once again calling on the provincial government to compel public and private bodies to report privacy breaches to his office within days of discovery. Michael McEvoy said the case clearly demonstrates why B.C….
PA: Bill Targets Data Security of State Agencies, Municipalities and School Districts
Thomas S. Markey writes: On Feb. 19, a bill was introduced in the Pennsylvania Senate proposing to amend the Pennsylvania Breach of Personal Information Notification Act to add new breach notification requirements for state agencies and political subdivisions of the commonwealth. Enacted in 2005, the act (73 P.S. Section 2301 et seq.) applies to commonwealth…
NZ: Privacy Bill avoids notification fatigue
Tim Murphy reports: MPs have revised privacy legislation to avoid a risk of ‘notification fatigue’ in which holders of data would be forced to advise the public of even minor data breaches. Parliament’s justice select committee has raised the threshold in the Privacy Bill for when mandatory notifications to the Privacy Commissioner and affected individuals would…