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.”
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
GT’s Data Privacy & Cybersecurity Practice Recognized in The Legal 500 United States 2024 edition
Greenberg Traurig’s Data Privacy & Cybersecurity Practice is recognized in The Legal 500 United States 2024 edition for Media, technology and telecoms> Cyber law (including data privacy and data protection). The team is praised for providing a “best in class service” and for “provid[ing] exceptionally thoughtful, concise, and valuable advice” to clients.
The Legal 500
Proposed Cyber Incident Reporting Requirements for DIB Contractors Under CIRCIA
On April 4, 2024, CISA published its long-awaited Notice of Proposed Rulemaking to implement the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA). If passed in their current form, the Rules would create extensive reporting obligations for an estimated 316,244 covered entities across 16 critical infrastructure sectors.
DOJ’s First Intervention in Cybersecurity FCA Qui Tam Case Signals Continued Cyber Enforcement
In July 2022, two relators sued the GTRC and GA Tech under the FCA. The allegations include violations of the FCA and employment law based on the relators’ claims of “increasing retaliation” experienced after they escalated their concerns.
CFPB Releases Report Highlighting Financial and Privacy Risks in Online Video Gaming Marketplaces
On April 4, 2024, the CFPB issued a report titled “Banking in Video Games and Virtual Worlds” that examines the financial and privacy risks to consumers in online video gaming marketplaces.
The CFPB’s report explains that gaming platforms facilitate the storage and exchange of valuable assets while collecting large amounts of data from their users.
5 Trends Under SEC’s New Cybersecurity Incident Disclosure Rule
Since the Securities and Exchange Commission’s Cybersecurity Incident Disclosure Rule (SEC Rule) took effect Dec. 18, 2023, about a dozen companies have filed a Form 8-K reporting a material cybersecurity incident. This GT Alert discusses the trends on how companies have made these disclosures thus far. In short, the companies who have filed an 8-K