The Securities and Exchange Commission (SEC) has charged 10 microcap companies for offering and selling securities in unregistered offerings that violated Regulation A. Regulation A provides an exemption from registration under the Securities Act, allowing companies to raise money from the public if those companies meet specific requirements. The SEC found that the companies had … Continue reading 10 Microcap Companies Penalized for Violating Securities Exemption Requirements
What is Differential Privacy?
Differential privacy is a framework for enhancing the privacy of individuals' sensitive data while still allowing useful information to be extracted from that data for various analytical purposes. It's a mathematical approach to data privacy that aims to strike a balance between data utility and individual privacy protection, particularly in situations where data needs to … Continue reading What is Differential Privacy?
What is the Financial Privacy Rule?
The Financial Privacy Rule typically refers to a regulation established under the Gramm-Leach-Bliley Act (GLBA), a U.S. federal law enacted in 1999. The GLBA's Financial Privacy Rule is officially known as the "Privacy of Consumer Financial Information Rule" and is implemented and enforced by several U.S. regulatory agencies, including the Federal Trade Commission (FTC), the … Continue reading What is the Financial Privacy Rule?
Lawsuit Brought by Vermont AG Against Clearview AI
Vermont Attorney General TJ Donovan has filed a lawsuit against Clearview AI, a controversial facial recognition company, alleging violations of consumer protection laws and data broker regulations. Donovan is seeking a court order to stop the company from collecting Vermonters' photos and facial recognition data, including that of children. He emphasized the importance of protecting … Continue reading Lawsuit Brought by Vermont AG Against Clearview AI
-What powers are an executive granted by declaring a state of emergency?-
This section from NYCL is a local example of what powers an executive may be allowed to exercise when he or she declares a state of emergency, and under what circumstances and limits. In short, it allows executives to perform acts they are not normally authorized to do, bypassing procedural requirements for certain acts and … Continue reading -What powers are an executive granted by declaring a state of emergency?-
Justices Consider Maritime Circuit Split Regarding the Effect of Safe-Berth Clauses in Voyage Charters
The Supreme Court recently heard oral arguments in the case of CITGO Asphalt Refining Co. v. Frescati Shipping Co., which centers around the interpretation of a safe-berth clause in a voyage charter under federal maritime law. The case involves a circuit split between the U.S. Courts of Appeals for the 2nd and 3rd Circuits, which … Continue reading Justices Consider Maritime Circuit Split Regarding the Effect of Safe-Berth Clauses in Voyage Charters
CERN Sacks Facebook’s Workplace
According to cnbc.com, the European Organization for Nuclear Research, CERN, has decided to drop Facebook’s communications tool, Workplace. Already unpopular due to mistrust of its developer in regards to data privacy, Workplace became even less desirable when Facebook gave CERN the option to pay for the communications tool or downgrade to a free version. As … Continue reading CERN Sacks Facebook’s Workplace
Coronavirus Emails Spread Malware
According to Threatpost, distributors of malicious software are taking advantage of fears generated over the Coronavirus to spread trojans and other malware in countries close to China. Botnet-driven emails display subject lines insinuating that the email contains critical information about the real-word virus. Recipients who click on these emails risk releasing the lurking malware into … Continue reading Coronavirus Emails Spread Malware
CCPA “Service Provider” Definition Threatens Insurance Defense
InsuranceNewsNet.com has reported that insurance defense firms are concerned that the California Consumer Privacy Act (CCPA) prohibits them from sharing claimants’ personal information with experts and consultants necessary to defend the insured. A law firm representing an insurance carrier who does business in California may be subject to the act by way of its definition … Continue reading CCPA “Service Provider” Definition Threatens Insurance Defense
What are Data Passports?
Each data carries with it a form of encryption prohibiting use without verification. Furthermore, access may be revoked so that originators can secure data against previously verified use. Even if the data travels outside of an encrypted system, it is protected. To provide a general understanding of what "data passports" could refer to in that … Continue reading What are Data Passports?