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8th Circuit Upholds Data Breach Coverage for Bank Loss Following Hacker’s Fraudulent Transfer
Last week, the Eighth Circuit upheld a lower court’s ruling in State Bank of Bellingham v. BancInsure Inc., finding that a bank employee’s negligence in securing its computer network did not preclude coverage for a…
Texas Settles with PayPal over Money Transfer App Advertising and Privacy Practices
On Friday, Texas Attorney General Ken Paxton announced a settlement with PayPal, resolving allegations that its Venmo money transfer app violated the Texas Deceptive Trade Practices Act by failing to clearly disclose…
Nebraska Amends Data Breach Notification Law
Last week, Nebraska Governor Pete Ricketts signed into law LB 835, which makes the following amendments to the state’s data breach notification statute: Adds to the definition of “personal information” a user name…
Privacy Shield Pierced? Article 29 Working Party Expresses Concern with Agreement
The Article 29 Working Party (The Working Party), which includes representative data protection authorities from each EU member country and the European Data Protection Supervisor, issued a 58-page opinion yesterday…
Are You Covered? Fourth Circuit Finds CGL Insurance Coverage for Data Breach
As data breaches have continued to grow over the past few years, interest in cyber insurance coverage has grown along with it. This week, the Fourth Circuit upheld a lower court’s ruling in Travelers Indemnity Co. of…