By Alex Brown, Kathleen Benway and Dan Felz (June 1, 2022, 5:51 PM EDT) — On May 20, the Federal Trade Commission published a blog post that uses Section 5 of the FTC Act to create new notice of breach. These obligations appear to go beyond existing US and EU laws and potentially require companies to report violations that existing laws do not require reporting.
The FTC guidelines could represent a significant update to US breach reporting law, potentially bringing the US more closely into line with EU standards.
The FTC has followed up on recent law enforcement activity in the data breach space by sending a message to any company facing a security incident: Strong…
Stay one step ahead
In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.
Access to case data in articles (numbers, filings, courts, nature of lawsuits, etc.)
Access to attached documents such as briefs, motions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and more!