An Insurer’s Guide to Navigating the Legal Landmines of Cybersecurity Regulation

Cybersecurity is front and center now, especially for the financial services industry which includes insurance and reinsurance companies, among others.  States and regulators are passing laws and promulgating regulations designed to protect customer data in the possession of insurers and their associates. These new statutes and regulations aimed at the insurance industry are in addition to the myriad of other requirements imposed by government for the protection of this data. Aaron J. Aisen, co-chair of the regulatory sub-practice group in the Global Insurance Services …
Continue reading...

FTC Settles False Representation Claim Against Mobile Phone Manufacturer

The Federal Trade Commission (FTC) has settled with BLU Products, Inc. over allegations that the unlocked mobile phone manufacturer allowed a third-party provider to collect detailed personal information about its consumers without their knowledge or consent. In 2016, BLU Products admitted that a third-party app called “Wireless Update” has been “collecting unauthorized personal data in the form of text messages, call logs and contacts from customers” on some devices. The FTC alleged that BLU Products, its co-owner, and president falsely claimed that only information needed…
Continue reading...

Facebook Continues Playing the Globalist Game

Facebook once again recently taught us that it may be easier to avoid a law, than to comply with it. On April 17, 2018, Facebook confirmed that to meet its mission to comply “in spirit” with “the whole” of the European Union’s General Data Protection Regulation (GDPR) , which takes effect on May 25, 2018, Facebook is effectively moving data for approximately 1.5 million users outside the reach of the law.  By offering “new privacy experiences” complete with updated terms of service …
Continue reading...