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Web3 round-up: best of summer 2023 (June / July / August)
Welcome to Reed Smith’s summer DigiDigest update on all things metaverse and Web3. These short updates are designed to cut through the noise and put the most talked-about news and coolest new initiatives in the metaverse and Web3 at your fingertips….By: Reed Smith
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Acquiring or Investing in EU Crypto-Asset Businesses: MiCA’s Impact
As noted in our previous alerts “Marketing Crypto-Assets in and Into Europe: MiCA, the EU’s New Uniform Crypto Code” and “Doing Crypto Business in Europe: MiCA, the EU’s New Uniform Crypto Code – Part 2”, the European Union (EU) Markets in Crypto-Assets Regulation (MiCA) was published in the Official Journal of the European Union on…
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7 Steps to Upskill Your Workforce for the AI Era
How prepared is your workforce for the ongoing AI revolution? It’s not about replacing humans with robots – it’s about reshaping the roles of your employees. As Executive Chairman of the World Economic Forum Klaus Schwab recently said, “In the new world, it’s not the big fish which eats the small fish, it’s the fast…
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Medtronic Sued for Allegedly Sharing Health Info with Google
Medtronic Minimed, Inc. and Minimed Distribution Corp. (“Medtronic”) were sued in a class action complaint in the Central District of California on August 30, 2023, by users of Medtronic’s InPen® system. The lawsuit alleges that Medtronic engaged in “transmission and disclosure of Plaintiff’s and Class Members’ personally identifiable information (‘PII’) and protected health information (‘PHI’)…
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Lyon Real Estate Provides Notice of Data Breach Stemming from a Vulnerability in Third-Party Software
On September 6, 2023, Lyon Real Estate filed a notice of data breach with the Attorney General of California after discovering that an unauthorized party was able to access the company’s computer network through a vulnerability in a vendor application program used by Lyon. In this notice, Lyon explains that the incident resulted in an…
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Lifeline Systems Company Confirms Personal Information of Over 74k Leaked Following Recent Data Breach
On September 7, 2023, Lifeline Systems Company (“Lifeline”) filed a notice of data breach with the Attorney General of Maine after discovering that an unauthorized person accessed documents containing confidential data on the company’s computer network. In this notice, Lifeline explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive…
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Sabre Corporation Confirms Recent Cyberattack, Raising Concerns of Possible Data Breach
On September 6, 2023, Sabre Corporation (“Sabre”) confirmed that the company was targeted in a cyberattack. A representative for Sabre also added that “Sabre is aware of the claims of a data exfiltration made by the threat group, and we are currently investigating to determine their validity.”…By: Console and Associates, P.C.
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SDNY Dismisses Economic Injury Class Action Based on Express OTC Preemption
Patora v. Vi-Jon, LLC, 2023 U.S. Dist. LEXIS 153421 (S.D.N.Y. Aug. 30, 2023), is a typical express preemption decision resulting in dismissal of a typical consumer protection-based purely economic loss class action against an over the counter (OTC) product. The plaintiffs, suing on behalf of a putative class, alleged that they purchased an OTC laxative product…
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Third-Party Data Breach Affects an Unknown Number of Janssen CarePath Customers
On September 6, 2023, IBM issued a press release discussing a recent data breach involving a Janssen CarePath. In this notice, IBM explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information, which includes their names, contact information, dates of birth, health insurance information, and information about medications and…
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After Prigozhin’s Death, a High-Stakes Scramble for His Empire
A shadowy fight is playing out on three continents for control of Yevgeny Prigozhin’s sprawling interests as head of the Wagner mercenary group. The biggest prize: his lucrative operations in Africa.