Grupo
Financiero Banorte, Mexico’s third largest bank, suffered a data breach earlier
this year and is now reportedly being fined 32 million pesos ($1.98 million) by
the Mexican data protection authority, the National Institute of Transparency,
Access to Information and Protection of Personal Data, for failing to inform
all of its clients immediately after the hack occurred. Mexico’s National
Banking and Securities Commission is also investigating the matter and is
expected to issue corrective measures.
To formulate and implement an effective incident response solution, including but not limited to an attorney and forensic experts on stand buy, contact Gerrie van Gaalen
Showing posts with label breach. Show all posts
Showing posts with label breach. Show all posts
Friday, September 04, 2015
Friday, April 24, 2015
International: South Korean Law Promotes, Regulates Cloud Computing Providers
South
Korea has enacted a new cloud computing law that promotes the use of cloud
computing and provides a legal framework for user privacy protection.
Under the Cloud Computing Development and User Protection Act, cloud computing
service providers will have to notify users of any data breach or service
outage, as well as comply with existing personal information protection
laws. The law goes into effect September 28, 2015.
© Copyright 2015 Steptoe & Johnson LLP
© Copyright 2015 Steptoe & Johnson LLP
Thursday, September 18, 2014
Adobe Breach Victims Have Standing To Sue Based On Risk Of Future Harm
The U.S. District Court for the
Northern District of California has ruled in In Re Adobe Systems, Inc.
Privacy Litigation that customers affected by Adobe’s 2013 data breach have
standing to sue based on the increased risk of future harm caused by hackers
who gained unauthorized access to their personal information. The
decision is in some tension with other court rulings that have interpreted the
Supreme Court’s ruling in Clapper vs. Amnesty International USA as
foreclosing standing where the plaintiffs’ claims were based on the risk of
future harm. But the opinion is well reasoned, and may help plaintiffs
establish standing in other breach suits.
© Copyright 2014 Steptoe
& Johnson LLP. Steptoe & Johnson LLP
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