Tech & Sourcing @ Morgan Lewis

TECHNOLOGY TRANSACTIONS, OUTSOURCING, AND COMMERCIAL CONTRACTS NEWS FOR LAWYERS AND SOURCING PROFESSIONALS
In a recent Law360 article, Morgan Lewis lawyers Gregory Parks, Kristin Hadgis, and Terese Schireson discussed the recently passed bill in Nevada – Nevada Senate Bill 220 (SB 220) – that will require defined “operators” of websites or online services that are used for commercial purposes and collect personal data of Nevada consumers to comply with a consumer’s request not to sell personal information. SB 220 will be the first law of this scope in the United States that provides consumers with opt-out rights with respect to the sale of their data.
Ed Hansen, Val Gross, and Morgan Richman will run a highly interactive two-part program, “How to Make Complex Contracts and Negotiations Work: Tips and Practices You Can Use Today,” at the Eastern Regional SIGnature Event.
As a follow-up to our recent post on third-party contract due diligence in outsourcing deals, this post focuses on how customers in outsourcing deals handle the disposition of legacy third-party contracts—one of the thorniest and most work-intensive work streams—once diligence has concluded.
The Q2 2019 issue of Morgan Lewis’s Life Sciences International Review was recently released. The review includes updates relevant to the life sciences industry from across the world, including the United States, Europe, and Asia. The topics range from intellectual property and data privacy to international trade and labor and employment.
The National Institute of Standards and Technology (NIST) recently circulated a draft white paper discussing recommended security practices to be adopted throughout the various phases of software development.
We found interesting a recent Forbes article by Cody McLain that discussed the top trends to watch in the business process outsourcing (BPO) industry. The article highlighted the following four trends for 2019.
The due diligence review of existing third-party contracts is a critical component of any outsourcing deal. For the company that is outsourcing part of its business functions to a third party, reviewing existing third-party contracts for certain key terms is an important part of the outsourcing process.
Check out this recent LawFlash by Morgan Lewis partners Michael Pierides and Simon Lightman discussing the groundbreaking fines the United Kingdom’s Information Commissioner’s Office (ICO) proposed against two global organizations pursuant to the EU General Data Protection Regulation (GDPR).
The Federal Trade Commission (FTC) is seeking comments on the effectiveness of the amendments it made to the Children’s Online Privacy Protection Rule (COPPA Rule) in 2013, to determine whether additional changes are needed due to changes in technology since the last update.

The Stop Hacks and Improve Electronic Data Security (SHIELD) Act was signed into New York law by Governor Andrew Cuomo on July 25, after passing the New York State Assembly on June 17. The SHIELD Act takes effect on March 21, 2020, and will modernize New York’s current laws governing data breach notification and data security requirements with the intention of providing greater protection for consumer's private information, while holding companies accountable for providing such protections.