Following a near unanimous vote in the Connecticut House, Connecticut is set to become the fifth state to pass comprehensive privacy legislation. With the addition of the Connecticut Data Privacy Act (CTDPA), Connecticut joins California, Virginia, Colorado, and Utah, in regulating businesses that possess, store, and/or sell consumers’ personal data. The CTDPA comes on the

On March 18, 2022, President Biden issued a letter to California Gov. Gavin Newsom (the “March 18th letter”) requesting that he secure California’s computer systems and critical infrastructure in light of recent Russian cyberattacks against Ukraine. President Biden advised  Newsom to gather his leadership team to discuss California’s cybersecurity and address several fundamental questions

Preparing for the Tidal Wave and Bracing for the Tsunami: Utah Becomes the Fourth State to Pass Privacy LegislationAt last count, at least 39 states have introduced (or passed) comprehensive privacy legislation. After what was previously a watch-and-wait game of legislative whack-a-mole, we are now seeing this legislation get passed and implemented more regularly and with greater speed.

Case in point, within two months of entering the new year, Senate Bill 227, titled

ALERT: New State Privacy Requirements for Mortgages Funded After December 1, 2021As of yesterday, any new Freddie Mac mortgage funded will need to comply with state Address Confidentiality Program (ACP) requirements. ACPs are state-sponsored programs designed to protect victims of crimes such as domestic abuse, sexual assault, stalking, or human trafficking from further harm. Recently ACPs have been extended to other individuals, such as healthcare workers

FTC Finalizes Updated Safeguards Rule Under GLBA to Dramatically Expand Data Security Requirements and Scope of RuleUntil now, companies primarily regulated by the Federal Trade Commission (FTC) were given only vague directives to implement systems sufficient to safeguard customer data, coupled with FTC “recommendations” as to best practices. That is about to change with the FTC’s finalization of its proposed amendments to the Standards for Safeguarding Customer Information (Safeguards Rule) on

A Fintech Leader’s Thoughts on the North Carolina Regulatory Sandbox Act

As part of Bradley’s continuing coverage of the North Carolina Sandbox Act, we wanted to know what community members and NC fintech aficionados thought about this proposed legislation. We posed six questions to Tariq Bokhari, an influential leader in the financial technology (fintech) industry, who serves as the executive director of the Carolina Fintech

Another Data Privacy Law? Colorado Enacts the Colorado Privacy ActColorado became the third state to enact comprehensive data privacy legislation when Gov. Jared Polis signed the Colorado Privacy Act (CPA) on July 8, 2021. The CPA shares similarities with its stateside predecessors, the California Consumer Privacy Act (CCPA), the California Privacy Rights Enforcement Act (CPRA), and the Virginia Consumer Data Protection Act (VCDPA), as

Technology Boom in NC? What You Should Know About the Proposed Regulatory Sandbox in the Tarheel StateTechnology is evolving and advancing at a dizzying pace across the globe. Emerging technologies are reimagining everything from how we interact with each other to how we interact with businesses and institutions. Given the upward trajectory of technology, it seems that the “innovation” business is ripe for opportunity — an opportunity that appears poised to

Energy and Infrastructure Companies Need to Know about the DOE’s and Other Agencies’ Focus on CybersecurityOn March 18, 2021, the Department of Energy’s (DOE) Office of Cybersecurity, Energy Security, and Emergency Response (CESER) announced three new research programs that are “designed to safeguard and protect the U.S. energy system” from potential cyberattacks. The DOE also announced a 100-day plan to address cybersecurity risks to the U.S. electric system. Not to

Executive Order on Cybersecurity Sets Aggressive TimelineThe Colonial Pipeline cyberattack prompted the issuance of a long-awaited executive order (EO) on improving U.S. cybersecurity. The EO mandates that, within six months, all federal agencies implement multi-factor authentication (MFA) and both at-rest and in-transit encryption. It also calls for agencies to comprehensively log, share, and analyze information about cyber incidents and creates a