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After years of legislative debate, Congress passed a new law requiring key businesses to report certain data breaches—or “covered incidents”—to the government. Signed by President Biden on March 15, 2022, the law, part of the Strengthening American Cybersecurity Act, requires companies that operate critical infrastructure—financial institutions, utilities, and other organizations—to share information with the Cybersecurity and Infrastructure Security Agency (CISA) about certain cybersecurity incidents within 72 hours and ransomware payments to cyber criminals within 24…

In Brief China has strengthened its commitment to protect personal information by adopting the new Personal Information Protection Law (PIPL 《中华人民共和国个人信息保护法》) which gives data subjects the power to control and determine how, with whom and for what purposes their personal information can be shared, analyzed or handled. Our Firm has previously released a more detailed discussion on the PIPL, which took effect on 1 November 2021. In the context of compliance investigations, typical activities can include accessing and…

On Wednesday, October 6, 2021, Baker McKenzie partners Harry Valetk and Brian Hengesbaugh, Global Chair of the Firm’s Data Privacy & Security Business Unit, presented at the Global Data Protection Boot Camp 2021 hosted by the Practising Law Institute. The boot camp boasted an impressive line-up of data privacy experts from both government and industry to share practical insights. The half-day program was comprised of the following four segments: Introduction and Legislative Developments in Data Protection LawsNuts and Bolts…

Whether you want to call it “design thinking,” “human-centered design,” or “user experience design,” the approach, goals, and strategy are all very much the same. It is a way of putting the user at the centre of your design process every step of the way, to develop and deliver the best possible solution and experience. While user experience is often thought of through the lens of providing customers with products or services, there is no…

Due diligence and ethical sourcing in supply chain management has been the subject of increasing regulatory attention. This reflects the growing impetus for companies to ensure that their supply chains are socially responsible. Similar to “Know Your Client” or “KYC” standards in the financial services sector, which protect both clients and financial intermediaries, the concept of “Know Your Supply Chain” reflects the requirements to protect workers, the environment, and the integrity of company purchasing arrangements.…

The Monetary Authority of Singapore (MAS) recently revised its Technology Risk Management Guidelines 2021 after feedback from a 2019 public consultation and engaging with cyber security experts. In this episode, Stephanie Magnus, Ken Chia, and Ying Yi Liew take a closer look at compliance, regulator expectations, cyber threats, and other important considerations — taking into account that financial institutions encompass large multinational banks, insurance companies and small fintech startups. https://soundcloud.com/user-879185301-820444966/ep12-singapore-mas-revises-technology-risk-management-guidelines

TMT Talk continues to be your source of information on how COVID-19 has shaped the Technology, Media, and Telecoms industry. This episode focuses on how compliance has changed during the pandemic and what other developments to expect in the post-pandemic world. In this edition Lothar Determann, Jo Ludlam, and Widge Devaney share with us their views on the risks and challenges that the industry faces in terms of compliance, what tech companies can do to address them, and how…

Companies in the Technology, Media, and Telecommunications sector face a different set of regulations as the world attempts to create a new normal. This episode of TMT Talk zeroes in on how the enforcement of environment compliance has changed and how health and safety measures have evolved to prepare for the employees’ return to the workplace. Join Adrian Lawrence, Renata Amaral, and Graham Stuart as they share their perspectives on these key issues affecting the tech industry. https://open.spotify.com/episode/6R0dKsZPxZ82rTc5er9Bpx

Antitrust risks for TMT companies, as with any company, make having a robust antitrust compliance program more important than ever. And instilling a “culture of compliance” is a crucial part of any such program. In this episode of TMT Talk, partners Carolina Pardo, Creighton Macy and Samantha Mobley discuss key antitrust compliance issues and how they apply to the Technology, Media, and Telecommunications sector. https://open.spotify.com/episode/1i1tohiKbIHicwoSuEm1Pd