Executive Summary: The California Consumer Protection Act: Who Does It Affect and How?

With concerns about privacy and data security at an all-time high, California is leading the way in consumer protection and access of one’s own personal information. Passed in 2018, the California Consumer Protection Act (CCPA) is set to take effect on July 1, 2020. The goal of the CCPA is to provide consumers with more 

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The Intel Chip Weakness Should be a Red Flag for Your Business

If your business has not considered liability insurance for data breaches before now, now is the time. From small mom and pop shops to publicly traded entities, nearly all businesses are electronically storing some type of confidential information—be it employees’ social security numbers and dates of birth or customers’ credit card numbers. And while you 

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Consequences of and Lessons Learned from the Equifax Data Breach

The Equifax data breach has and will have significant long-term ramifications for data security practices and personal privacy. Understanding how the Equifax data breach occurred and the type of data compromised is crucial to understanding the consequences of this breach. Reason for the Data Breach Based upon available information, it appears that the hackers were 

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Adopting Data Security Measures Is Not Always Enough to Ensure Compliance with the Safeguards Rule

The Securities and Exchange Commission views data security as a critical part of its investor protection mandate.  Rule 30(a) of Regulation S-P, known as the “Safeguards Rule” sets out certain procedures that every SEC-registered broker-dealer, investment company and investment adviser must adopt to safeguard customer records and information.  The Safeguards Rule requires these entities to 

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