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On June 17, 2022, TikTok Inc. (“TikTok”) reportedly completed the migration of its U.S. users’ information to servers at Oracle Corporation (“Oracle”) in a move that bars access by Chinese parent company ByteDance.

June 24, 2022
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Insight

On March 9, 2022, the Securities and Exchange Commission (“SEC”) announced Proposed Rules on cybersecurity risk management, strategy, governance, and incident disclosure (“Proposed Rules”) to address concerns of increasing cybersecurity threats to public companies.

May 24, 2022
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Connecticut is the fifth U.S. state, and the second this year after Utah passed the Utah Consumer Privacy Act (“UCPA”), to enact a comprehensive data privacy legislation.

May 12, 2022
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Insight

On March 9, 2022, the Securities and Exchange Commission (“SEC”) announced Proposed Rules on cybersecurity risk management, strategy, governance, and incident disclosure (“Proposed Rules”) to address concerns of increasing cybersecurity threats to public companies.

April 21, 2022
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The Department of Justice, acting on behalf of the Federal Trade Commission, recently took action against WW International, Inc., formerly known as Weight Watchers, and its subsidiary, Kurbo, Inc. (together, “Weight Watchers”).

April 7, 2022
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Two new United Kingdom (“UK”) data transfer mechanisms, the International Data Transfer Agreement (“IDTA”) and the International Data Transfer Addendum (“UK Addendum”) to the European Union’s (“EU”) new standard contractual clauses (“SCCs”), came into force on March 21, 2022.

April 6, 2022
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Insight

On January 1, 2023, absent intervention from the California legislature, the nation’s first comprehensive data privacy law, the California Consumer Privacy Act (“CCPA”) as amended by the California Privacy Rights Act (“CPRA”), will not only regulate consumer data but will also regulate previously exempt human resources data as well.

March 29, 2022
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Insight

Speaking at the Munich Cyber Security Conference on February 17, 2022, Deputy Attorney General Lisa O. Monaco announced that the U.S. Department of Justice (“DOJ”) plans to prioritize “cyber disruption,” foster international partnerships, and increase its investigative and deterrent capabilities to bolster its crypto-enforcement arsenal and to combat cyber threats.

March 15, 2022
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On March 9, 2022, the Securities and Exchange Commission (“Commission”) issued its much-anticipated proposed rule amendments which would mandate certain cybersecurity disclosures for public companies (“Proposed Rules”).

March 11, 2022
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Update: The UCPA was signed into law by Governor Spencer J. Cox without amendment on March 24, 2022.

V&E Cybersecurity Update

March 9, 2022
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Insight

As a strong signal that it intends to increase its focus on illicit crypto transactions, the Department of Justice (“DOJ”) announced the creation of an enforcement team, the National Cryptocurrency Enforcement Team (“NCET”), on October 6, 2021.

October 28, 2021
Event Recap
Event Recap
The widespread adoption of remote work arrangements during the COVID-19 pandemic and the need for employers to provide flexibility for the foreseeable future have heightened data-privacy risks for U.S. ...
October 20, 2021