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The Seventh Circuit Revisits Standing for Data Breach Class Actions
  • Baker & Hostetler LLP
  • USA
  • February 5 2016

One obstacle for named plaintiffs in proposed data breach class actions is the extent to which plaintiffs must allege an injury-in-fact to have


Data security in the financial industry: five key developments to keep an eye on in 2016
  • Baker & Hostetler LLP
  • USA
  • January 27 2016

According to a 2015 report on threats to the financial services sector, 41 of financial services organizations polled had experienced a data breach


FTC Report on Big Data Outlines Usage Limitations Under Federal Law
  • Baker & Hostetler LLP
  • USA
  • January 15 2016

On January 6, 2016 the Federal Trade Commission ("FTC") issued the report Big Data: A Tool for Inclusion or Exclusion? Understanding the Issues


CFPB Issues RFI for HMDA Data Resubmission Final Rule
  • Baker & Hostetler LLP
  • USA
  • January 15 2016

On January 7, 2016, the Consumer Financial Protection Bureau (CFPB) issued a Request for Information (RFI) seeking feedback and additional


New York Department of Financial Services sets forth extensive cybersecurity regulatory framework proposal
  • Baker & Hostetler LLP
  • USA
  • December 1 2015

On November 9, 2015, the New York State Department of Financial Services (NYDFS) issued a letter to the members of the Financial and Banking


New PCI guidance provides businesses with security incident response assistance
  • Baker & Hostetler LLP
  • USA
  • October 8 2015

A security event involving payment card data, especially card present data, can be one of the most costly events a company may face. Not only did a


Banks win class certification in Target data breach case
  • Baker & Hostetler LLP
  • USA
  • September 18 2015

A federal court recently granted class certification to a group of financial institutions (the “Banks”) in the data breach case against Target


Incident response practice tip: balance meeting breach notification deadlines with securing your network
  • Baker & Hostetler LLP
  • USA
  • September 15 2015

State breach notification statutes are being amended on almost a monthly basis. Several laws have, or will soon have, a mandatory notification


EMV liability shift update what liability actually shifts?
  • Baker & Hostetler LLP
  • USA
  • August 20 2015

With the October 1, 2015 liability shift deadline looming, merchants who have not yet made the change continue to evaluate the cost of accepting EMV


CFPB issues results from eClosing pilot program
  • Baker & Hostetler LLP
  • USA
  • August 10 2015

The Consumer Financial Protection Bureau (CFPB) reports that most borrowers benefit from electronic closings relating to the mortgage loan process