TECHNOLOGY, OUTSOURCING, AND COMMERCIAL TRANSACTIONS
NEWS FOR LAWYERS AND SOURCING PROFESSIONALS
Recent attempted cyberattacks that used Internet of Things (IoT) devices to effect the attempted attacks have led to growing concern within the federal government over the security of such devices and the potential such devices have to launch future attacks.
On October 19, the US Department of Commerce and the Personal Information Protection Commission of Japan announced their commitment to expand the Asia-Pacific Economic Cooperation (APEC) Cross Border Privacy Rules (CBPR) system that applies to cross-border data exchanges within the Asia-Pacific region.
On October 6, FCC Chairman Tom Wheeler released a factsheet outlining proposed rules aimed at protecting broadband consumers’ privacy, which would apply to internet service providers (ISPs) and cover data collection, usage, security, and breach notification.
As of September 30, Russian state authorities now reject tender submissions for supply of certain foreign electronic equipment if there are two concurrent submissions for supply of locally produced equipment. The ban applies to 113 types of equipment, including personal computers, printers, memory cards, mobile and landline phones, TV sets, cameras, microphones, and cash and ATM machines.
As part of our Sourcing and Technology Lunchtime Series, partners Michael Pillion and Peter Watt-Morse recently spoke during their webinar “The Next Frontier: How Robots and Automation are Changing Outsourcing and Technology Agreements.”
In the second annual Cloud Security Survey , CloudPassage surveyed the more than 300,000 members of LinkedIn's Information Security Community on the state of cloud security.
The Federal Trade Commission (FTC) recently warned that Internet of Things (IoT) products and services that are no longer operational, updated, or supported present significant issues related to consumer expectations, security, and privacy.
Senator Mark Warner of Virginia recently sent a letter to the Federal Trade Commission (FTC) expressing concern over the potential explosion of collection, storage, and usage of children’s personal information in connection with the Internet of Things (IoT), including mobile apps and so-called “smart toys.” In the letter, Senator Warner noted that the scope and duration of data collection is expanding rapidly, enabled by the falling cost of digital storage and internet connectivity, and “more and more Internet-connected devices are making their way into children’s hands.” Thus, seemingly simple everyday purchases—such as toys—could raise complex privacy and safety issues that consumers may struggle with or not fully comprehend.
According to a recent Everest Group report , large application outsourcing in the banking sector is surging to record levels.
The Ponemon Institute , which conducts independent research and offers strategic consulting on privacy, data protection, and information security policy, recently released its 2016 Cost of Data Breach Study: Global Analysis (2016 Study) identifying global trends in costs associated with data breaches and the implications for organizations.