Privacy & Data Security

The Davis Polk Financial Regulation Reform Team recently blogged about the breach of the SEC’s EDGAR database and how that breach impacts the Consolidated Audit Trail (“CAT”)

“In the wake of a highly-publicized cybersecurity breach involving the SEC’s EDGAR system, SEC Chairman Jay Clayton has been in the hot seat at recent congressional hearings, fielding pointed questions as to whether the SEC should delay implementation of the Consolidated Audit Trail (“CAT”).  The SEC has not … Continue Reading

Hacking Into A Company You Sold Can Get You Jail Time A federal judge sentenced David Kent to a year and a day in prison and ordered him to pay $3.3 million in restitution and pay a $20,000 fine for accessing the computer network of Rigzone.com, an industry-specific networking website. Kent founded Rigzone.com, sold it for $51 million, and after the sale accessed the company’s network to obtain […]
Today, one of the most critical risks a company can face is the cyber risks associated with its own employees or contractors.  Companies are confronting an increasingly complex series of cybersecurity challenges with employees in the workplace, including employees failing to comply with established cybersecurity policies, accidentally downloading an attachment containing malware or providing their...… Continue Reading

Back on 23 March 2016,  the first round of reforms to the Community Trade Mark regime was implemented.   Amongst other changes, the Office for Harmonization in the Internal Market (OHIM) became the ‘European Union Intellectual Property Office’ (EUIPO) and the Community Trade Mark (CTM) was renamed the ‘European Union Trade Mark’ (EUTM).   These changes were …

The Federal Circuit has issued its long-awaited ruling in Aqua Products, Inc. v. Matal, No. 2015-1177, with the majority of the en banc court agreeing that the requirement by the Patent Trial and Appeal Board (PTAB) that patent owners have the burden to prove the patentability of amended claims proffered during inter partes

It was recently revealed that the Securities and Exchange Commission’s (“SEC”) EDGAR database, which is used by public companies to file official documents, was breached.  According to the SEC, trading off of that hacked information may have reaped millions of dollars for the hackers.  While discovering a hack is always startling for a private company,...… Continue Reading
Employees of Peacock Foods, an Illinois-based food product manufacturer, recently filed a lawsuit against their employer for alleged violations of Illinois’ Biometric Information Privacy Act. Under BIPA, companies that collect biometric information must inter alia have a written retention policy (that they follow). As part of the policy, the law states that they must delete...… Continue Reading
Drone operators are (almost) cleared for takeoff in urban centres again as Transport Canada proposes a new regulatory regime aiming to balance innovation with public safety and easy-to-follow rules with flexibility. The new regulations – for which public comment is open until October 13 – adopt a risk-based approach to managing the use of unmanned... → Read More