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Regulatory compliance and dataprivacy issues have long been an IT security nightmare. And since the EU’s General DataProtection Regulation (GDPR) took effect May 25, 2018, IT compliance issues have been at the forefront of corporate concerns. GDPR-style dataprivacy laws came to the U.S.
Its expertise spans securities litigation, addressing corporate fraud and misrepresentation; antitrust law, targeting anti-competitive practices; consumerprotection, focusing on deceptive practices and product liability; dataprivacy and cybersecurity, dealing with breaches and unauthorized data collection; and shareholder derivative actions, advocating (..)
The AI revolution in finance presents numerous opportunities and, simultaneously, the potential for many risks , specifically regarding consumerprotection. AI is a data-hungry beast, and banks produce a staggering amount of data these days. and investor doubts.
” “It would be possible, on detailed examination of video, to compromise elements of operational security,” agreed Mike Hamilton, co-founder and chief informationsecurity officer of CI Security and former Seattle CISO. Long-term data storage is often a liability rather than an asset,” added Costlow.
On July 7, 2021, Colorado became the third state in the US behind California and Virginia to enact a comprehensive dataprivacy law – the CPA. The CPA, which provides Colorado residents broad new rights over how their data is collected and used by covered organizations, takes effect on July 1, 2023. CPA Background.
Other buzz words and topics that are top of mind: Quantum computing; NIST standards; a patchwork of dataprivacy legislation and standards with hope for more consistency; foreign adversaries ramp up their efforts and the U.S. Criminals should be on high alert.they don't have all the advantages. Growing patchwork of U.S.
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