Archives: Data Breach

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Why the ICO Fined Equifax £500,000

On 19th September 2018, the Information Commission Officer (“ICO”) fined credit reference agency Equifax Limited £500,000 for breaching the Data Protection Act 1998 (“DPA”). Finding that Equifax Limited failed to protect the personal data of up to 15 million UK individuals, the ICO awarded the maximum penalty for a breach under the DPA. The ICO … Continue Reading

Data Breach Laws on the Books in Every State; Federal Data Breach Law Hangs in the Balance

With no central federal data breach law, states have taken the reins, passing an increasing number of laws that require both the protection of citizens’ private data and prompt notice of any breach of that privacy.  Governors in the last two holdout states, South Dakota and Alabama, recently signed bills to enact laws governing data … Continue Reading

Independent Bank Class Action Alleges Specific Equifax Security Failures, Actual Harm and the Threat of Future Harm

In another lawsuit against Equifax, the Independent Community Bankers of America (ICBA), on behalf of thousands of community banks, seeks to hold Equifax accountable for the July 2017 data breach that potentially affected more than 145.5 million consumers. ICBA, along with Bank of Zachary and First State Bank, filed the class action last week in … Continue Reading

Breakfast Briefing – Cybersecurity Readiness and Effective Breach Response

The EU General Data Protection Regulation (GDPR) increases organizations’ obligations to a new level and also adopts, for the first time, specific breach notification guidelines. Cybersecurity readiness and effective responses are no longer the exclusive domain of IT departments -these are now board-level concerns.  Regardless of industry sector, size or commercial focus, companies not only … Continue Reading
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