Following a data breach involving over 500 million accounts and a delay in notifying the public or impacted parties, the Securities and Exchange Commission (SEC) started an investigation into the Yahoo data breach at the request of a Senator. Later at a Senate Committee meeting the Federal Trade Commission (FTC) cited the Yahoo breach reiterating
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Four members of the House of Representatives formed a bipartisan committee known as the Congressional Payments Technology Caucus (CPTC) announcing the new group on March 19th. The group’s focus is to serve as a key resource of information for any discussions on future legislation around payment-centric topics such as data security, new payment technologies and
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This week the White House proposed the Personal Data Notification and Protection Act, which seeks to set a national standard for data breach notification requirements replacing the patchwork of separate laws across 47 states. If passed into law, this act would strengthen and more clearly define what is required of organizations that suffer data breaches,
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The National Retail Federation urges banks to improve credit card technology, and approaches Congress for nationwide standard in data breach notification laws. In the aftermath of several large US retailers being targeted by data theft, the National Retail Federation urges Congress to act and enforce a national response to criminal cyber-attacks. Today, the data breach
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A recently signed appropriations bill contained an additional provision that several government agencies will need to get approval from law enforcement officials prior to purchasing IT products from suppliers that are from or have any connections with China. The U.S.-China Business Council has criticized the law saying that it unfairly targets Chinese firms and will
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Government leaders claim that the lack of authority for collecting sales tax with many online purchases costs the U.S billions each year, and to address this issue the United States Senate included a measure allowing state and local governments to collect sales tax directly from online purchases as part of their budget resolution. Read More
As mobile devices and other technology utilize location-based data and maintain more detailed records than ever before, pre-existing laws and regulations may not properly govern how to treat this data as it was not foreseen at the time of writing, and as a result new privacy issues arise. The U.S. is considering two separate bills
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An internal IRS document explicitly states that emails sent from an individual’s computer do not have reasonable expectations of privacy and lose Fourth Amendment protection allowing IRS investigators to view private emails, messages and other communications without requiring a search warrant. Although some precedent has been set in recent U.S. federal court cases, the IRS’
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In preparation for the upcoming legislative session multiple bills have been drafted that seek to change current tax laws requiring all eCommerce businesses to collect tax at the point of purchase in the United States. Read More
The California Supreme court is considering a class action suit against Apple for collecting personal information for online transactions which goes against regulations put forth in the state’s Song-Beverly Credit Card Act. Several other major retailers are backing Apple arguing that the previous legislation was only intended for brick-and-mortar transactions, and the outcome of the
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