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    Jun. 7, 2023

Implications of CJEU Ruling on Compensation for GDPR Claims

E.U. privacy attorneys and activists received some much-awaited clarification last month when the European Court of Justice (CJEU) ruled that not every infringement of the GDPR is eligible for financial compensation. The CJEU additionally declared that a “certain degree of seriousness” must be achieved to qualify for non-material damages and that domestic rules of E.U. Member States should ultimately inform the amount of compensation awarded, if any. This article offers insights on the implications of the decision and compliance advice from attorneys at Cordery, Wiggin and McDermott, Will & Emery, who found the ruling to be largely measured and equitable to those on both sides of privacy complaints. See “Compliance Takeaways From the Latest GDPR Enforcement Statistics” (Feb. 2, 2022).

Impact of State Privacy Laws on the Financial Services Sector

New state privacy laws are challenging financial services companies more than ever to balance their longstanding federal obligations with the new state ones. The states have different carveouts for the Gramm-Leach-Bliley Act (GLBA) that firms must navigate. We offer insights shared by attorneys from Hogan Lovells and in-house counsel for CarMax and Truist at the recent Privacy+Security Forum on key provisions of state privacy laws and the impact and operation of GLBA exemptions, and how the financial services industry is navigating the interplay with new state laws continuing to be introduced. See “CCPA Close-Up: Examining the GLBA Carve-Out and How Financial Institutions Can Evaluate Applicability” (Oct. 9, 2019).

“Risk to Resilience”: CFTC Commissioner Romero Discusses Climate and Cybercrime Risk

Strengthening market resilience against cyber and climate risk are two of CFTC Commissioner Christy Goldsmith Romero’s highest priorities, she reported. This article distills Romero’s observations on these risks, which she shared at the asset management derivatives forum presented by the Futures Industry Association and the Securities Industry and Financial Markets Association earlier this year. See “CFTC Issues $1.5-Million Fine After Phishing Attack” (Oct. 23, 2019).

Addleshaw Goddard Adds Dubai Data and Privacy Leader

Addleshaw Goddard has welcomed partner Kellie Blyth in Dubai to help lead its Middle East technology and data practice. Blyth has advised on the regulation of cross-border data transfers, cloud computing and data processing in the region, as well as counseling on the roll-out of new technology offerings, technology-driven procurement and digital-solutions implementation.

Most-Read Articles

Spotlight on Trailblazing Women

In honor of International Women’s Day, some of ION Analytics' editorial teams led by women interviewed notable women in the markets and industries we cover. In this part, Jill Abitbol and Rebecca Hughes Parker shined a spotlight on notable women in compliance and hedge fund, data privacy and cybersecurity, and anti-corruption law, including Amii Barnard-Bahn, Abigail Bell, Genna Garver, Jane Horvath, Barbara Li, Amy Mushahwar, Mara Senn and Carol Widger. The interviews are here.

 

 

 

Webinar on Compliant International Data Transfers

Listen here to our discussion with our colleagues at Ethos Privacy, which took place on March 1, 2022, on how to approach international data transfer challenges. 

Webinar on Getting a Handle on Vendor Contracts

A recording of the March 10 webinar can be accessed here. 

Cybersecurity Resolutions for 2021

In this quick take video, we talk about some of our cybersecurity resolutions for 2021.

Facial Recognition Concerns

In this short video, we discuss the privacy and bias concerns with facial recognition technology.

Planning for the Return to Work 

We discuss a few return-to-work privacy issues in this short video.

ACR and CSLR Spring Update 2020

The Senior Editors of the Anti-Corruption Report and the Cybersecurity Law Report recently teamed up to present an update on the trends and hot topics in the anti-corruption, cybersecurity and data privacy spaces since the beginning of the year and what the publications will be focusing on in the coming months. A complimentary download of the webinar is available here.

Upcoming Webinar: Companywide Work From Home - Cybersecurity and Privacy Best Practices

Please join us on Monday, March 23, 2020, from 12:00 p.m.- 12:30 p.m. EDT for a complimentary webinar discussing the cybersecurity and privacy challenges the shift to remote working has created and how to overcome them. Registration information for the webinar is here. 

Upcoming Webinar to Explore Best Practices for Alternative Data Use

Please join us on Wednesday, January 15, 2020, at 11:00 a.m. EST for a complimentary webinar hosted by our sister publication, the Hedge Fund Law Report, discussing issues relating to the use of alternative data by private fund managers. To register for the webinar, click here.

Upcoming HFLR/CSLR Webinar to Explore Strategies and Tactics for Conducting an Effective Tabletop Exercise

Please join the Hedge Fund Law Report and the Cybersecurity Law Report on Tuesday, July 30, 2019, at 1:00 p.m. ET for a complimentary webinar discussing the strategies and tactics companies can employ to conduct an effective tabletop exercise. GCs and CCOs are encouraged to invite their CISOs and CTOs to join as well. The webinar will be moderated by Shaw Horton, Associate Editor of the Hedge Fund Law Report, and will feature Luke Dembosky, partner at Debevoise, John “Four” Flynn, chief information security officer at Uber, and Jill Abitbol, Senior Editor of the Cybersecurity Law Report. Registration for the webinar is available here.

Anti-Corruption Webinar: How HPE Is Using Its New T&E Tool to Generate Compliance Metrics

Measuring the effectiveness of a compliance program can be tricky, but some companies are finding ways to use their existing internal controls to generate useful data. Join our sister publication the Anti-Corruption Report (ACR) for a complimentary webinar that explores Hewlett Packard Enterprises’ new travel-and-entertainment-approval tool. On Wednesday, March 27, 2019, from 1:00 p.m. to 2:00 p.m. EDT, the ACR’s Megan Zwiebel will interview Becky Rohr, vice-president of anti-corruption and global trade at Hewlett Packard Enterprises, about how they are using their T&E tool to measure and improve compliance. Registration information is here.