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Articles Posted in Cybersecurity and Privacy

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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…

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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”…

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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…

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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…

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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…

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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…

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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…

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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…

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Putting Your Eggs in One Basket – Security and Cloud Services

Two recent events serve to highlight the importance of proper due diligence and appropriate contractual protections when dealing with cloud-based and other hosted service providers: A recent white paper from Context Information Security details the results of a study they performed on several cloud service providers that identified numerous vulnerabilities…

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