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Massachusetts regulators propose amendments to information security regulations, delay enforcement until March 1, 2010

Foley Hoag LLP
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USA
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August 18 2009

On Monday, August 17, 2009, the Massachusetts Office of Consumer Affairs and Business Regulation (OCABR) indicated that it will be modifying some provisions of the strict Massachusetts information security regulations first promulgated last year, 201 CMR 17

Declassified documents show FBI expanding data mining efforts over 1.5 billion personal records (and counting)

Foley Hoag LLP
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USA
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September 24 2009

Declassified documents obtained (but not published) by WIRED Magazine indicate that the FBI has been hard at work expanding a database of Americans' personal and financial information

Massachusetts holds public hearing on information security regulations -- regulators contemplating additional revisions in final rulemaking

Foley Hoag LLP
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USA
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September 22 2009

This morning, the Massachusetts Office of Consumer Affairs and Business Regulations (OCABR) held a public hearing in connection with its promulgation of revisions to the Commonwealth's information privacy regulations, 201 CMR 17.00

Incident of the week: Russian company proves that WiFiwireless networks no longer secure

Foley Hoag LLP
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Global, USA
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October 15 2009

ElcomSoft Co. Ltd., a Moscow-based "password recovery" company, has announced that its software can make an encrypted wireless network accessible using only a PC and the innovative computing power of consumer graphics cards from Nvidia

FTC announces delay in red flags enforcement until November 1, 2009

Foley Hoag LLP
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USA
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July 29 2009

Amidst calls from the legal community, the Federal Trade Commission's (FTC) announced this morning that it was delaying enforcement of the FTC's Red Flag Rules until November 1, 2009

Red Flags Rule enforcement deadline falls next week

Foley Hoag LLP
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USA
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May 27 2010

This Tuesday, June 1, 2010, marks the official deadline for compliance with the Federal Trade Commission's Red Flags Rule

Accountants ask court to exempt them from Red Flags Rules

Foley Hoag LLP
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USA
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January 12 2010

Last week the American Institute of Certified Public Accountants (AICPA) filed papers seeking summary judgment in the lawsuit filed against the Federal Trade Commission (FTC) to exempt accountants from the FTC's Red Flags Rules

Incident of the week: Seattle man sentenced to three years in prison for using peer-to-peer software to steal financial records, commit identity theft

Foley Hoag LLP
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USA
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August 13 2009

Yesterday, Frederick Eugene Wood of Seattle was sentenced to 39 months in prison for using LimeWire peer-to-peer (P2P) software to obtain Social Security numbers, bank and financial records and tax returns, which he then used to commit identity theft

Incident of the week: hack of researchers' email triggers "Climategate"

Foley Hoag LLP
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USA
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December 3 2009

Compared to security breaches that involve credit card and bank account information, other breaches in security often get somewhat short-changed in the media, notwithstanding the occasional hack of a celebrity cell phone

The FTC fines Las Vegas man $35,000 for dumping customer financial records in public dumpster

Foley Hoag LLP
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USA
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January 22 2010

This week, the FTC finalized a $35,000 settlement with Gregory Navone, the real estate broker who left 40 boxes of customer tax returns, bank statements, consumer reports and other financial records in a public dumpster behind an office building in Las Vegas