Osano’s Post

In this edition of #PrivacyInsider, we dive into the National Public Data breach! With 2.9 billion rows of records exposed, it's one of the most significant breaches in recent history. Plus: 🤠Texas leads on privacy enforcement ⚖️CAADCA unblocked 👁️ CIPA-style litigation in Arizona ➕and more! https://pvcy.me/3WYibsf

Non-breach privacy cover varies wildly between carrier cyber forms, ranging from nearly non-existent to best in class. And client requirements for non-breach cover vary just as much. Matching coverage to client exposures continues to be the name of the game in an age of CIPA, pixel, and web tracking claims.

Over the past year, the landscape of state comprehensive privacy laws in the United States has significantly evolved, marking a pivotal moment for data protection and privacy rights. With 12 states having enacted comprehensive privacy laws and an additional 22 states pending legislation, the momentum for safeguarding personal information at the state level is unmistakably strong. This shift towards more stringent data protection measures highlights the existing laws, the implications for violators, and the critical role of cyber insurance in navigating this evolving legal landscape. Read more here>> https://bit.ly/3w7BiHf

Fascinating read on the Ashley Madison breach.

💡 #Identivation2024 session highlight: The Legal Balancing Act: Consumer Protection vs. Fraud Prevention Consumer protection has become a cornerstone of #regulatory policy. This is commendable, with rules aiming to safeguard privacy, prevent bias, and ensure responsible use of #biometrics. However, a critical tension has emerged: these very safeguards can limit access to data crucial for fraud prevention. As the CFPB considers restricting credit header data and new privacy laws loom, a conversation is needed. How can we achieve a balance? Protecting consumers is paramount — but so is equipping ourselves with the tools to fight fraud. This may be a difficult discussion, but at Identivation 2024, we’re committed to finding a solution. Don’t miss your chance to collaborate with us. Request your invite to Identivation 2024 on May 20-22 in Nashville here: https://bit.ly/4auaG1N

Regulators have embraced consumer protection as a key part of policymaking. The problem? While these rules aim for consumer protection of privacy, lack of bias, or sensitivity around biometrics, unfortunately, they don’t allow us to leverage important data for fraud prevention. Read below to preview one of the many sessions we're working on for #Identivation2024 - The Legal Balancing Act: Consumer Protection vs. Fraud Prevention.

A Federal Trade Commission complaint alleges Blackbaud, Inc. engaged in unfair and misleading conduct regarding a 2020 data security incident. Learn more about the FTC's landmark use of standalone Section 5 unfairness claims in this Perkins Coie LLP Update. #DataSecurity #Privacy #PrivacyLaw #FederalTradeCommission

A Federal Trade Commission complaint alleges Blackbaud, Inc. engaged in unfair and misleading conduct regarding a 2020 data security incident. Learn more about the FTC's landmark use of standalone Section 5 unfairness claims in this Perkins Coie LLP Update. #DataSecurity #Privacy #PrivacyLaw #FederalTradeCommission

***CLIENT ALERT*** 🔥 🔥 🔥 #databreach settlement update: On July 16th, plaintiffs and 23andMe agreed to settle dozens of data breach lawsuits stemming from an October 2023 data breach that affected 6.9 million users. The more than two dozen lawsuits filed generally alleged that the company failed to safeguard data and lied about the scope and severity of the breach. Shortly after the breach, hackers on the dark-web claimed to have at least 1 million data points of Jewish users for sale and data points of 300,000 people of Chinese heritage as well. 23andMe had faced upwards of $3 billion in damages under the Illinois Genetic Information Privacy Act (GIPA). A hearing went forward last week on July 30th regarding the terms of the settlement (which have not yet been disclosed) and a Joint Case Management Statement is now due by August 6th with a further Case Management Conference to be held on August 13th.  For more like this, be sure to follow Kissel Straton & Wilmer LLP. Thanks to Jennifer Stivrins and Riley Odell for their work in reviewing this litigation and proposed settlement.  #emergingtechnologies #insurancelaw #geneticinformationprivacyact #GIPA #kswlaw