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EU Emergency Response Update – Key Policy & Regulatory Developments No. 105
This regular alert covers key regulatory developments related to EU emergency responses, including in particular, to COVID-19, Russia’s war of aggression against Ukraine, and cyber threats. It does not purport to provide an exhaustive overview of developments. Please see Publication below for more information….By: Jones Day
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Modernizing the FDA’s 510(k) Program for Medical Devices: Selection of Predicate Devices and Use of Clinical Data in 510(k) Submissions
On September 6, 2023, the US Food and Drug Administration (FDA) released a trio of draft guidances in its efforts to “strengthen and modernize” the 510(k) Program and provide for more “predictability, consistency, and transparency” for the 510(k) premarket review process. In this post, we discuss the two new draft guidances with broad applicability to…
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Crypto Custody Services Expand; CFTC Enforcement Targets DeFi, SEC Targets NFTs; FinCEN Warns of Crypto Scams; Major Hacks Steal $41M and $55M
Financial Services Firms Expand Cryptocurrency Custody Services – According to recent reports, the cryptocurrency custody arm of a major international bank has launched its institutional cryptocurrency custody services in Singapore, making it “the first entity that is owned by and partnered with banks to provide digital asset custody services for financial institutions in Singapore.”…By: BakerHostetler
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Legal AI is helping lawyers leave tedious contract work behind
Bogged down by lengthy contract reviews and redlines? Legal AI can help. Processes such as reviewing contracts for compliance and redlining shouldn’t be rushed. After all, it’s your job as a lawyer to protect your client from risk and secure favorable terms….By: Casetext
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Cadence Bank Confirms MOVEit Data Breach Compromised Customer Information
On September 15, 2023, Cadence Bank (“Cadence”) filed a notice of data breach with the Attorney General of Montana after discovering that MOVEit, a file transfer application used by Cadence, contained a critical vulnerability. In this notice, Cadence explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information, which…
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Limestone Bank Announces Data Breach After Unauthorized Actor Gains Access to Employee’s Email Account
On September 15, 2023, Limestone Bank, which is now known as Peoples Bank, filed a notice of data breach with the Attorney General of Maine after discovering unauthorized activity within an employee’s email account. In this notice, Limestone explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information, which…
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Defending an AAM product liability lawsuit
We get it. You don’t want to think about it right now. You spent countless hours designing your aircraft and raising capital. Your company is getting closer to, or is already, conducting certification testing. FAA certification of your aircraft, manufacturing, and mass distribution are your ultimate goals….By: Reed Smith
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Skidmore College Confirms Recent Ransomware Attack Resulted in Data Breach Affecting Personal Data of 121k
On September 15, 2023, Skidmore College filed a notice of data breach with the Attorney General of Maine after discovering that an unauthorized party was able to access the school’s IT network through a ransomware attack. In this notice, Skidmore explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive…
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Sightpath Medical, LLC Announces Data Breach Affecting Patients of Sutter North Surgery Center
On September 8, 2023, Sightpath Medical, LLC (“Sightpath”) filed a notice of data breach on behalf of Sutter North Surgery Center after discovering that an unauthorized actor accessed certain files stored within Sightpath’s systems. In this notice, Sightpath explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information….By: Console…
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Russia-Ukraine War: Ukraine Overhauls Senior Ranks of Defense Ministry
All six of Ukraine’s deputy defense ministers were dismissed on Monday, a senior government official said, weeks after the defense minister was replaced.
