The End of Auto Insurance As We Know It: How Big Data Will Reshape the Future of the Autonomous Vehicle Insurance Market
Despite the recent wave of articles forecasting that the rise of autonomous vehicles will lead to a decline in auto insurance premiums, we believe it is more accurate to say that the advent of self-driving cars will cause the personal auto insurance policy, as we know it, to disappear at […]
FTC’s Proposed Amendments to the GLBA Safeguards Rule Seek to Incorporate Requirements from NY DFS Cybersecurity Regulations
On March 5, the FTC announced proposed amendments to the Standards for Safeguarding Customer Information under the Gramm-Leach-Bliley Act (“Safeguards Rule” or “Rule”). The FTC version of the Safeguards Rule applies to financial institutions that are not governed by federal banking regulators (e.g., FDIC, Federal Reserve, OCC, and NCUA) or […]
Cooley’s Michael Rhodes Joins 41 California Privacy Experts Urging Major Changes to the California Consumer Privacy Act
Michael Rhodes, chair of Cooley’s cyber/data/privacy practice, joins 41 California privacy lawyers, professionals and professors urging major changes to the California Consumer Privacy Act (CCPA). Led by Santa Clara University School of Law professor, Eric Goldman, the group is urging the legislature to address six significant issues posed by the […]
Notes from first CCPA Public Forum in San Francisco
On Tuesday in San Francisco, the California Department of Justice (“DOJ”) held its first of six public forums on the California Consumer Privacy Act of 2018 (“CCPA”) before a packed room of industry representatives and public citizens. The forums are intended to fulfill the Attorney General’s mandate under CCPA to […]
California Attorney General Announces CCPA Workshops
The California State Attorney General’s office announced that it will be holding six rulemaking workshops for the California Consumer Privacy Act of 2018 (“CCPA”). The workshop dates and locations are: January 8 – San Francisco January 14 – San Marcos January 24 – Riverside January 25 – Los Angeles February […]
California Regulates Online Bots
Citing the proliferation of online bots used to deceive consumers and influence voters, the California legislature recently passed the nation’s first law directly regulating online bots. Enacted on September 28, 2018, SB 1001 prohibits use of online bots in a deceptive or misleading manner for certain commercial or political purposes. […]
SEC Poised to Ramp up Cybersecurity Enforcement
On October 16, 2018, the Securities and Exchange Commission (SEC) issued an investigative report signaling its intent to use sections 13(b)(2)(B)(i) and (iii) of the Securities Exchange Act of 1934 (the “Exchange Act”) to pursue enforcement actions against public companies that fail to tailor their internal controls to evolving cyber […]
California’s IoT Security Law – Will this Law Really Improve Security?
California’s legislature recently passed SB-327, which is designed to require Internet of Things (IoT) and other “connected device” manufacturers to implement security features into internet connected devices. California Governor Jerry Brown signed the bill into law on September 28, 2018. While the attempt to improve security of these devices is […]