- Full Steam Ahead: The European Union’s (EU) Artificial Intelligence (AI) Act in Action — As the EU’s landmark AI Act officially takes effect, 2025 will be a year of implementation challenges and enforcement. Companies deploying AI across the EU will likely navigate strict rules on data usage, transparency, and risk management, especially for high-risk AI
Data Privacy & Cybersecurity
Understanding Cyber Imposter Fraud and Liability Risks
Cyber criminals constantly develop new ways to steal money from businesses. One common scam targeting law firms and corporate legal departments involves “imposters” pretending to be clients or other parties who are owed payment, then tricking the attorney into paying the imposters. This deception has led to a rise in lawsuits where parties are battling…
CFPB Issues Personal Financial Data Rights Rule
On Oct. 22, 2024, the CFPB issued a final rule that will require covered financial institutions to provide consumers and authorized third parties with access and portability options for their financial data. The CFPB’s final rule, called the “Personal Financial Data Rights Rule,” implements Section 1033 of Title X of the Dodd-Frank Act, a to-date…
SEC Files Actions Against 4 Public Companies for Negligent Cybersecurity Disclosures
On Oct. 22, 2024, the SEC announced settled administrative actions against four current or formerly public technology companies, finding that the companies all made materially misleading disclosures to investors in their periodic filings concerning the impact of the 2020 SolarWinds breach on their businesses.
Oct. 16 EVENT | ABA’s 47th Annual Forum on Franchising
David Zetoony, co-chair of Greenberg Traurig’s U.S. Data Privacy and Cybersecurity Practice, is a panelist on the “Privacy, Please: Practical Tips for Navigating Data Privacy Laws” session at the ABA’s Forum on Franchising on Oct. 16 from 11:00-4:30 p.m. PT.
With no national data privacy law in place in the United States…
BIPA Update: Illinois Limits Liability and Clarifies Electronic Consent for Biometric Data Collection
On Aug. 2, 2024, Illinois Gov. J.B. Pritzker signed SB 2979 into law, amending BIPA in two ways: significantly limiting potential damages and updating the Act’s definition of “written release” to include an “electronic signature.”
Continue reading the full GT Alert.
SEC v. SolarWinds Update: U.S. Federal District Court Dismisses Most of the SEC’s Case, but Some Fraud Claims and CISO Liability Remain
A U.S. district court dismissed all the SEC’s securities fraud and false filings claims against SolarWinds and its Chief Information Security Officer (CISO) Timothy Brown regarding the adequacy of cyberattack disclosures, finding that the SEC had impermissibly relied on “hindsight and speculation” to find those disclosures fraudulent. The court also dismissed the SEC’s claims that…
Jena M. Valdetero Recognized by Delinian Legal Media Group
Jena M. Valdetero, co-chair of Greenberg Traurig’s U.S. Data Privacy & Cybersecurity Practice, was named the “2024 Privacy & Data Protection Lawyer of the Year” by the Delinian Legal Media Group as part of its “Women in Business Law Awards Americas 2024.” Greenberg Traurig also received a regional firm award, “Best Law Firm…
Jeffrey W. Greene Named a 2024 Massachusetts ‘Go To’ Lawyer for Cybersecurity & Data Privacy
Jeffrey W. Greene, co-chair of Greenberg Traurig’s Boston Litigation Practice and co-chair of the firm’s global eDiscovery & eRetention Practice, was named a 2024 “Go To” Lawyer for Cybersecurity and Data Privacy by Massachusetts Lawyers Weekly. Greene and his fellow honorees are featured in the publication’s June 24 edition. He also…
June 26 Webinar | Navigating the First-in-the-nation Artificial Intelligence Act
Greenberg Traurig Data Privacy & Cybersecurity Shareholders David Zetoony, Reena Bajowala, and Liz Harding will present the webinar “Navigating the First-in-the-nation Artificial Intelligence Act” on June 26 from 2:30 – 3:30 p.m. ET. The laws surrounding artificial intelligence are evolving quickly. While federal and state governments continue to consider various statutory proposals, Colorado…