SEC to Require Financial Firms to Have Data Breach Incident Plans

The SEC now requires certain financial institutions to have written policies for detecting, addressing, and notifying customers of data breaches involving their personal information.

Cyber Trust Label Could be in Place by End of the Year, White House Says

The Biden administration plans to have consumer devices labeled with the U.S. Cyber Trust Mark on store shelves by the end of 2024, to help consumers understand security and encourage manufacturers to include basic digital defenses.

FTC Fires ‘Shot Across the Bow’ at Automakers Over Connected-Car Data Privacy

The FTC issued a strong warning to automakers about their data collection and sharing practices, particularly regarding the sale of sensitive geolocation data, and emphasized that it will take enforcement action to protect consumer privacy.

Singapore Cybersecurity Update Puts Cloud Providers on Notice

The Singapore government has updated its Cybersecurity Act to give its primary cybersecurity agency more power to regulate critical infrastructure and third-party providers, and to require the reporting of cyber incidents.

Vermont Passes Data Privacy Law Allowing Consumers to Sue Companies

Vermont has passed one of the strongest comprehensive data privacy laws in the country, which includes a provision allowing individuals to sue companies for violating their privacy rights.

State Attorneys General Implore Congress Not to Preempt Their Privacy Laws

Fifteen state attorneys general on Wednesday called on Congress to prevent new federal comprehensive data privacy legislation from preempting 17 states’ existing or recently passed laws protecting consumer privacy.

CISA Extends CIRCIA Rule Comment Period

The CISA will prolong the comment period for new regulations under the Cyber Incident Reporting for Critical Infrastructure Act for another month after requests from the energy and information technology sectors and other industries.

Know-Your-Customer Executive Order Facing Stiff Opposition From Cloud Industry

A controversial executive order that would require U.S. cloud companies to closely monitor the identities of their customers will move one step closer to the finish line next week amid opposition from the industry.

FTC Commercial Surveillance Rules Could Arrive Within Months, Sources Say

According to two sources familiar with the FTC's plans, the rules will emphasize data security and data minimization, or the idea that companies should only collect the data they need to conduct business with consumers and delete it when concluded.

US Chamber of Commerce, Industry Groups Call for 30-Day Delay in CIRCIA Rules

The U.S. Chamber of Commerce and multiple industry leaders are calling for a month-long extension of the 60-day comment period for a new incident reporting rule being issued by the top cybersecurity agency in the U.S.

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