Hot on the heels of the UK Information Commissioner’s approval of First Data’s binding corporate rules (BCRs), Viviane Reding, the Vice President of the European Commission and EU Justice Commissioner has signalled reform of the BCR scheme aimed at making BCRs even more effective. BCRs are a way of ensuring…
Articles Posted in Cybersecurity and Privacy
First Data Corporation binding corporate rules approved
14 November 2011 saw First Data Corporation become the 11th entity to have binding corporate rules (BCRs) approved by the UK’s Information Commissioner’s Office (ICO). First Data Corporation is a global electronic commerce and payment processing company. As a payment processor, secure handling of data is at the heart of…
e-Commerce Risks during Cyber Monday and the Holiday Shopping Season
The holiday shopping season in the U.S. started in earnest on Black Friday (or even Thursday for some stores) and online shopping celebrates today with “Cyber Monday.” Contrary to popular belief that Black Friday is the day that retailers go from being in the “red” to being in the “black”…
Doing Business in Europe? Social Media Prosecution in Germany Flags Data Consent Problem
Do you transfer personal data from Europe to the US? Do you use cookies on a website aimed at European customers? Do you send marketing emails to Europe? Do you otherwise “process” data in Europe? Do you really have consent to process personal data? If any of these questions strike…
Accounting for Cybersecurity – (Part 2 of 4)
In Part One of this article, we looked at the Securities and Exchange Commission (SEC) Division of Corporation Finance’s recent release – CF Disclosure Guidance: Topic No. 2 – Cybersecurity (the “Guidance”), which is intended to provide guidance to companies on whether and how to disclose the impact of the…
Accounting for Cybersecurity – Part One
On October 13 the Securities and Exchange Commission (SEC) Division of Corporation Finance released CF Disclosure Guidance: Topic No. 2 – Cybersecurity (the “Guidance”), which is intended to provide guidance to companies on whether and how to disclose the impact of the risk and cost of cybersecurity incidents (both malicious…
UK Privacy Watchdog’s Guide to New Laws on Privacy and Protection of Personal Data
On 7 September 2011, the UK privacy watchdog, the Information Commissioner’s Office (“ICO”), published a comprehensive guide (the “Guide”) to new European laws relating to, amongst other things, the measures a public electronic communications provider (“Service Provider”) should take to protect the security of its services, including the notification to…
Pillsbury Hosts Cloud Security Alliance Federal Cloud Security Summit
On June 22, Pillsbury hosted the first annual Federal Cloud Security Summit, organized by the Washington, DC, chapter of the Cloud Security Alliance (CSA-DC). The keynote address was presented by Sonny Bhagowalia, former Deputy Associate Administrator with the GSA’s Office of Citizen Services and Innovative Technologies and current CIO of…
New Indian Privacy and Data Security Rules – Ambiguity Creates Uncertainty
On April 13, 2011, the Indian Central Government issued final regulations implementing parts of the Information Technology (Amendment) Act, 2008, dealing with protection of personal information. Pillsbury does not provide legal advice on Indian law, but we have been in contact with the Indian legal community and service providers. Here…
IT Security – Who Watches the Watchmen?
When clients raise the question of the security of an outsourced service, it’s frequently a proxy for the feeling that they can trust/have control over their own people, but don’t really trust the service provider’s personnel. This type of concern showed up in a recent survey of CFOs conducted on…