Cybersecurity has become critically important to plan sponsors, plan administrators and plan participants. With retirement plans holding an estimated $9.3 trillion in assets as well as sensitive information for approximately 140 million plan participants, retirement accounts are especially attractive targets for cyber-enabled fraud. For instance, sophisticated phishing email schemes have proliferated during the COVID-19 pandemic,

Last week the Financial Conduct Authority, Prudential Regulation Authority (“PRA“) and Bank of England published a joint policy statement on operational resilience in relation to the impact tolerance of important business services in the financial sector (the “Statement”). The new rules aim to help firms prevent, adapt, respond to, recover and learn

During the COVID-19 pandemic, data privacy – and, in particular, employee data privacy – has been at the forefront of employers’ minds.  In the last six months, employers across the globe have been required to give careful thought to a whole host of potential issues, from contact tracing apps to temperature and other health checks

On 30 December 2019, the Cyberspace Administration of China, Ministry of Industry and Information Technology, Ministry of Public Security and State Administration for Market Regulation jointly released the Measures for the Identification of Illicit Collection and Use of Personal Information by Apps (“Measures ”). The Measures set out negative examples relating to the collection and

In light of lockdown restrictions continuing to be lifted and organisations planning to reopen, the UK Information Commissioner’s Office (“ICO”) has outlined six steps businesses in the UK will need to consider when using personal data, and especially health personal data, as a part of their COVID-19 recovery plans.

The six steps do

On 16 June 2020, the “Corona-Warn-App” (“the App”) was released by the Federal German government. The tracing App, which uses Bluetooth technology, records which smartphones have come close to each other. If a user has tested positive and has shared this in the App, it will subsequently notify other users that they have been near

Scientific research has probably never played a more central, time-sensitive role in our society than during the COVID-19 pandemic. Researchers are being pressed to produce results as quickly as possible. And processing health-related data is a key element of this research—which raises significant questions on how to reconcile privacy and public safety. News articles, LinkedIn