Privacy

U.S. Privacy Law: Past, Present and Future

Privacy law is a hot topic for legislatures in the United States at both the state and federal levels. With the advent of influential laws from international governments, including the European Union, the lack of significant privacy regulation in the U.S. has become glaringly apparent. In this article, we discuss the history of privacy regulation…
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How to Use New CSBS Cybersecurity Examination Tool

Any nonbank institution looking to protect against, mitigate and respond to cybersecurity threats should take advantage of the Conference of State Bank Supervisors’ (CSBS) new cybersecurity examination tool. Unveiled during the Nationwide Multistate Licensing System Annual Conference in February, the resource is designed for state regulators to use during examinations, and for organizations to self-evaluate…
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Virginia Set to Enact Major Data Privacy Legislation

Of all the states currently in the process of enacting major privacy legislation, Virginia may be closest to the finish line. On February 5, the Senate of Virginia voted unanimously to approve the Consumer Data Protection Act (CDPA), with the House of Delegates voting 89-9 to approve an identical bill. Minor amendments are expected after…
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A Guide to New Draft SCCs–and the EDPB’s Response

Ever since the EU-US Privacy Shield was struck down in Schrems 2.o, companies have been scrambling to figure out how to safely transfer data in and out of the EU while remaining compliant with the General Data Protection Regulation (GDPR). At this point, the general consensus is that transfers from the EU should only be…
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Why Your Organization Should Implement “Privacy by Design”

Privacy by Design (PBD) the idea that organizations should design every part of their operation with data privacy in mind was popularized by the European Union’s General Data Privacy Regulation (GDPR). Any products or services that call for the processing of personal data should account for privacy from their inception and every stage of development…
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A Guide to The New Brexit Trade Agreement

The long-awaited Brexit agreement is here. The EU-UK Trade and Cooperation Agreement, which details the conditions of the UK’s relationship with the EU, took provisional effect on January 1, 2021. The agreement’s free trade and security frameworks have many data privacy implications--here’s what you need to know. Not Many Changes…For Now When Brexit was voted…
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