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California's Consumer Privacy Act: The Public Has Spoken

Last June, the California Consumer Privacy Act – which is considered to be the strictest data privacy law in the United States – was signed into law. Among other things, the CCPA gives Californians the right to know what personal information (PI) is being collected about them, whether their PI is being sold and to whom, the right to access their PI, the right to delete PI collected from them, and the right to opt-out to the sale of their PI. (Read More)

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Denial of a NotPetya-Related Claim Shakes the Cyber Insurance World

In late June 2017, a cyber worm dubbed “NotPetya" successfully locked up networks across the globe. Infected computers displayed onscreen messages demanding $300 in Bitcoin (digital ransom) in exchange for a decryption key allowing owners to regain access. The scale of the cyber attack was enormous. From the Ukraine to the U.S., banking, oil, electric, shipping and pharmaceutical operations, among many others, were impacted. One of the companies hit by the malware – food giant Mondelez International. The incident reportedly cost it upwards of $100 million to clean up. (Read More)

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New Year's (Cybersecurity) Resolutions

With 2018 now in the rear view mirror, many of us approach the new year looking to reassess and focus on ways to improve ourselves. The same can be said for businesses, which could certainly benefit by bolstering their cybersecurity and data privacy practices. With that said, here are a few cybersecurity tips to focus on in 2019. (Read More)

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The GDPR Comes to the Golden State

California has hopped on the General Data Protection Regulation (GDPR) bandwagon with the California Consumer Privacy Act just signed into law by Governor Jerry Brown. The new data privacy law – which was unanimously approved by the state legislature and is the strictest in the U.S. – is GDPR-like to the extent it allows consumers to control how their personal data is collected, processed and shared. (Read More)

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Digital Switzerland

Microsoft President Brad Smith is the force behind an admirable initiative – the Cybersecurity Tech Accord. By way of the Accord, participants seek to create a “digital Switzerland” made up of some of the leading tech companies in the world. Signatories to the Accord – to date, there are 34 in all, including ABB Group, Arm, Cisco, Facebook, Hewlett Packard, Microsoft, Nokia, Oracle, and Trend Micro – promise, among other things, not to aid or abet any government in committing cyberattacks against innocent civilians or enterprises and, at the same time, to protect victims of cyber crime. (Read More)

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Forecast for Overseas Data: Partly Cloudy

The CLOUD Act was passed as part of the omnibus budget bill signed into law on March 23, 2018, in an attempt to resolve an impediment to law enforcement’s ability to enforce warrants against tech companies based in the U.S. but storing data overseas. (Read More)

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Is a New Federal Standard for Breach Notification on the Horizon?

In the wake of the recent announcement by Equifax that an additional 2.4 million consumers had personal information stolen as part of the company’s massive data breach in 2017, a light is being shined on related legislation currently pending in the United States House of Representatives. Indeed, lawmakers are once again trying to codify nationwide standards on breach notifications and how data is handled and stored. It appears to be an uphill battle. (Read More)

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GDPR contact: Scott Lyon
714.557.7990 | slyon@mrllp.com

GDPR Compliance Strategy

The European Union adopted the General Data Protection Regulation (GDPR) on April 27, 2016, establishing the rights and freedoms of EU residents with regard to how their personal data is collected, processed, shared, and retained. No surprise that companies around the world, including clients of Michelman & Robinson, LLP in a range of industries, are struggling to understand how the GDPR will impact their business operations and how they should respond. As the May 25, 2018 deadline for compliance is fast approaching, we thought it would helpful to provide answers to some of the most frequently ask questions about GDPR. (Read More)

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Insurtech and Cybersecurity Underwriting

The underwriting of cybersecurity insurance policies has long been a challenge. That seems to be changing. At-Bay, a new entrant to the cyber insurance space working out of Mountain View, California and Tel Aviv, promises to harness new technology to improve the process and help insureds better control their cyber risks. (Read More)

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With New York Cybersecurity Rules in Place, the NAIC Looks to Follow Suit

Michelman & Robinson has written extensively on the cybersecurity requirements for financial services companies that were issued by the New York Department of Financial Services and went into effect on March 1, 2017. These cyber rules, as codified, require insurance and insurance-related companies as well as brokers, agents and adjusters licensed in New York to assess their specific cyber risk profiles and design cybersecurity programs that address such risk in a “robust fashion.”

Now, in the wake of the passage of this law in New York, the National Association of Insurance Commissioners (NAIC) is on the doorstep of adopting an Insurance Data Security Model Law that closely mirrors it in some aspects. And if adopted, the model law will serve as a template for legislation to be enacted state-by-state. (Read More)