Lege Trend: Attorney General Forms Data Security Department

To handle data breach investigations and litigation, the Connecticut Attorney General created a Privacy and Data Security Department.

The Department emerged from a 2011 task force studying how the state can best address data breaches, and is staffed with a ” cross-disciplinary team of experts in health, finance and other disciplines.” 

Westfair Communications

$5M Data Hacking Suit Against Automakers in Texas

A Dallas trial lawyer has filed suit in California against Toyota, Ford and GM because the vehicle’s software is easily hacked. 

The suit claims:

  • The automakers failed to ensure the basic electronic security of their vehicles
  • The electronic security can be hacked by anyone
  • The easy hack allows a person, who is not the driver, to  take control of the basic functions of the vehicle
  • The vehicles thereby endanger the safety of the driver and o…

Education Data: Teacher Privacy vs. Transparency for Parents

Data privacy is the new frontier for property rights.  People fiercely want to protect their personal data. It gets tricky when the person trying to protect their data is a public school teacher.

A parent in Virginia sued to have teacher evaluations released.

The first court sided with the parent to allow for the release of teacher evaluations.  The suit is on appeal. Teacher groups refer to the release of evaluations as an invasion of privacy. It’ll be fought to the Suprem…

Uber Class Action Lawsuit for Data Breach

A Portland Uber driver is the named plaintiff in a class action lawsuit against Uber for a 2014 data breach.

The breach disclosed personal information for 50,000 Uber drivers. The lawsuit alleges that Uber took 5 months to disclose the data breach, which violates California law. California statutes require employers to protect the personal information of employees.

Antman v. Uber Technologies Inc, U.S. District Court for the Northern District of California, No. 15-1175<...

FTC: Poor Fit to Require Retailers & Banks to Follow Same Rules

The Federal Trade Commission issued a report saying its a bad idea to apply banking rules to retailers. 3 Reasons Why:

  •  “burdensome to nonbanks”
  • “Retailers lack the authority over payment cards to maintain certain data security obligations”
  • “The FTC lacks the supervisory examination and resources to provide specific guidance and oversight that would be necessary to cover every nonbank business”

adminPosted inbanking, data privacy, legislative trend, retail data breach

Silicon Valley Experts Talk Business Costs of Data Breaches

According to experts in Silicon Valley, data breach costs break down for business like this:

  •  80% less than $1 million in direct costs and damages
  • 15 % of breaches cost between $1 million and $20 million
  • 5% cost more than $20 million to investigate, deal with and pay legal costs
  • Average Cost is $7Million 
  • Only 8% of businesses are buying cyber insurance coverage

adminPosted inbanking, data privacy, legislative trend, retail data breach