Vermont Amends Data Breach Notification Law

On July 1, 2020, amendments to Vermont’s Security Breach Notice Act, 9 V.S.A. §§ 2330 & 2335, took effect along with a new “Student Online Personal Information Protection Act.”

Key amendments to the security breach act include:

  • An expanded definition of Personally Identifiable Information (“PII”). The definition now

On July 21, 2020, the New York State Department of Financial Services (NYDFS) filed charges against First American Title Insurance Company (First American) for breach of state cybersecurity regulations. Specifically, NYDFS alleges that First American exposed tens of millions of documents containing consumers’ sensitive personal information, including bank account numbers and statements, mortgage and tax

Note:  This post was originally posted in our Southeast Financial Litigation Monitor.

Gregory C. Cook & Brandon N. Robinson

The story is becoming all too common.  A merchant (or consumer) is convinced to wire money to a fraudulent account because of an incorrect belief that they are wiring the money to the real party. 

According to a Bloomberg article posted earlier this morning, the U.S. Health and Human Services Department (“HHS”) suffered a cyber attack on its computer systems Sunday night.  The attack appears to have been intended to slow the agency’s systems, but was unable to do so in any meaningful way.   Just before midnight, the National Security

Today, the FTC announced that Equifax, Inc. will pay at least $575 million (and potentially up to $700 million) as part of a proposed global settlement with the Federal Trade Commission (FTC), the Consumer Financial Protection Bureau (CFPB), and 50 U.S. states and territories. Their complaint alleges that Equifax failed to take reasonable steps to

In our Southeast Financial Litigation Monitor, our own Lindsey Catlett posts about a recent opinion in Southern Independent Bank vs. Fred’s Inc., in which the Middle District of Alabama denied class certification following a data breach which allegedly affected over 2,000 financial institutions across the country. Southern Independent, a community bank located in south

On July 19, 2018, the Federal Energy Regulatory Commission (FERC) issued a final rule (Order No. 848) directing the North American Electric Reliability Corporation (NERC) to develop and submit modifications to NERC Reliability Standards related to Cyber Security Incident reporting. FERC recognized that, under the current Cyber Security Incident reporting Reliability Standard, incidents are only

The Federal Financial Institutions Examination Council (FFIEC) has issued a joint statement providing guidance for financial institutions about the role of cyber insurance in risk management of informational technology systems. The FFIEC comprises the principals of the following: The Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, National Credit Union Administration,

Over a dozen lawsuits have been filed by users and investors against Facebook after it was revealed last month that Cambridge Analytica, a political research firm, obtained personal information on millions of Facebook users. Cambridge Analytica obtained the data through a personality test app linked to Facebook accounts. Many of the lawsuits claim the information

On Wednesday, March 28, 2018, the Alabama Data Breach Notification Act of 2018 (SB318) was signed into law by the Governor, making Alabama round out the roster of 50 states with data breach notification laws.  (South Dakota’s data breach notification was signed by its governor on March 21, 2018, making it the 49