Data privacy and cybersecurity remain top priorities for regulators and companies. Counsel must monitor privacy and data security-related enforcement trends, new laws and regulations, and key emerging issues to mitigate risks and potential liability.
Starting September 1, 2023 federally insured credit unions will have to report cyber incidents. The rule defines cyber incident to include any incident that jeopardizes an information system or the information stored in one. Reportable incidents however are defined less broadly.
Federal Communications Commission FCC adopted Notice of Proposed Rulemaking NPRM to revise requirements related to data breach reporting requirements applicable to telecommunications carriers and interconnected Voice over Internet Protocol providers.
On January 6, 2023, the Federal Communications Commission (FCC or Commission) released its Data Breach Reporting Requirements NPRM (NPRM) after adopting the item by a 4-0 vote on.