FCA Chair hints that new regulation addressing data ethics in the FinTech space may be on the horizon. By Nicola Higgs, Fiona Maclean and Terese Saplys Will societies of the future be ruled by algocracy, in which algorithms decide how humans are governed? Charles Randell, Chair of the Financial Conduct Authority (FCA) and Payment Systems … Continue Reading
Businesses active in California should promptly assess whether the law applies to their practices and start planning towards compliance with the new law. By Jennifer Archie, Michael Rubin, and Scott Jones Key Points: A sweeping new privacy law — the California Consumer Privacy Act of 2018 — was signed into law on June 28, 2018. … Continue Reading
By Jennifer Archie, Gail Crawford, Andrew Moyle, Serrin Turner, and Brian Meenagh Hacking of organizations’ systems is becoming increasingly commonplace, even with advancements in security practices. To mitigate risk, a company must have an enterprise-level, cross-functional incident response plan that is rehearsed and practiced. In the event of an incident a company with a rehearsed … Continue Reading
By Gail Crawford and Lore Leitner Today, after more than four years of debate, the General Data Protection Regulation (GDPR, or the Regulation) enters into force. The GDPR will introduce a rigorous, far-reaching privacy framework for businesses that operate, target customers or monitor individuals in the EU. The Regulation sets out a suite of new … Continue Reading
By Jennifer Archie and Rebekah Lewis The Obama Administration has unveiled a 50-page blueprint for consumer data privacy, including a recommendation for a federally legislated and FTC-enforced Consumer Privacy Bill of Rights. While it would not alter existing laws, the legislation would extend privacy protections to unregulated sectors and preempt conflicting state law. The Administration’s … Continue Reading
