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SEC Remains Focused on Cybersecurity

After a long silence since guidance was last issued a year ago, there’s now widespread expectation that the Securities and Exchange Commission will get much more specific this year about new cybersecurity disclosures for public companies. Recent actions also signal the commission is paying close attention not just to disclosures, but to weaknesses that create cybersecurity risks at companies.

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Australia Takes Steps to Tighten Data Security Laws

Australia has recently taken significant action in the realm of data security that will potentially have global impact. In December 2018, the Australian Competition and Consumer Commission (“ACCC”) released recommendations on ways big technology companies can improve data security.
 

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2018 – Privacy, A Year in Review

Privacy was a hot topic throughout the U.S. in 2018. California lawmakers passed some groundbreaking legislation regarding consumer privacy and the Internet of Things (“IoT”). Several other states also began to address some important data privacy concerns. Additionally, lobbying for a federal privacy law increased. Below are some key privacy developments from 2018.

 

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Can Lawmakers Ever Realistically Regulate the Internet of Things?

Regulating the Internet of Things (“IoT”) is a highly debated topic because it is hard for lawmakers to keep up with evolving technology. Simply put, IoT refers to a system of connected devices that can retain, analyze, and transfer information through a network. Examples of “things” include fitness trackers, smart phones, smart appliances, heart monitors, and automobile sensors. This concept is much more complex from a technical standpoint because the operational aspects of these devices are constantly changing and increasing the amount of data that is generated.
 

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