Staying One Step Ahead of Cyber Criminals: NYDFS Updating Cybersecurity Regulation for 2023

Since 2017, the New York Department of Financial Services (NYDFS) cybersecurity regulation has established minimum cybersecurity requirements for financial services companies that are licensed or registered by NYDFS. The regulation is set to be updated[1] in 2023 to address the ever-increasing sophistication and scope of cyber threats. NYDFS issued a draft regulation last November, and…

California Privacy Rights Act (CPRA) Prep Workshop

The California Privacy Rights Act (“CPRA”) compliance deadline is fast approaching. Is your house in order? Don’t let the CPRA’s January 1, 2023, implementation date or the July 1, 2023, enforcement date sneak up on you! If you’re like many of our clients, you’ve heard a lot about the passage of the CPRA. You may…

Personal Data Transfers Post-Privacy Shield

The European Court of Justice’s recent move to strike down the US-EU privacy shield agreement has upended the bilateral personal data transfer framework and pulled the rug out from under numerous American businesses who work with European customers’ personal data. But although the agreement was invalidated, there remain several steps to take and options to…

Blockchain for Information Governance

Blockchain for Information Governance: Vetting a Solution

In the last article, we explored potential uses for blockchain technology in records management and information governance. Several startups have pilot projects for blockchain records management software, but none have been brought to market yet. Once blockchain software solutions are available, organizations thinking about a switch to blockchain should carefully consider the ways the software…

Blockchain technology's uses in Information Governance

Blockchain for Information Governance: The IG Use Case

In the previous article, we looked at some of the basic features of blockchain technology. While Bitcoin and blockchain have made a splash in the payments space, many investors and futurists also herald blockchain technology’s potential to reshape other business and economic sectors. The value of blockchain’s immutable, uninterruptible, incorruptible framework doesn’t end with payment…