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HTMLInternational Hacking Ring Executes $1 Billion Banking Breach
James J. Giszczak, Sara Hutchins Jodka, Dominic A. Paluzzi; McDonald Hopkins LLC;
Legal Alert/Article
March 25, 2015, previously published on February 16, 2015
Kaspersky Lab, an Internet security firm, confirmed that an international hacking ring made up of hackers from Russia, Ukraine, China, and Europe stole as much as $1 billion from more than 100 banks in 30 countries, including the United States, in what could be one of the biggest banking breaches...

 

HTMLProtect Your Business from Competitive Intelligence
Zachary W. Behler, Samuel J. Frederick, Mindi M. Johnson, Iris K. Linder, John W. Mashni; Foster, Swift, Collins & Smith, P.C.;
Legal Alert/Article
March 25, 2015, previously published on January 7, 2015
The term "competitive intelligence" is the process of legally gathering information about one's competitors to gain a strategic advantage in the marketplace. Large corporations will have strategic intelligence experts as a part of their marketing department. These experts specialize in...

 

HTMLLegal Ethics and Social Media: What Pre-Litigation Advice May an Attorney Provide to His or Her Client?
Cheri A. Budzynski; Shumaker, Loop & Kendrick, LLP;
Legal Alert/Article
March 23, 2015, previously published on February 19, 2015
When meeting with your client about a matter that will likely result in litigation, what advice can you give your client about privacy settings and removal of information from social media in the pre-litigation setting?

 

HTMLFacebook Takes a Step Forward for Digital Afterlife
Kristina L. M. Wildman; Shumaker, Loop & Kendrick, LLP;
Legal Alert/Article
March 23, 2015, previously published on February 18, 2015
Late last week Facebook released several new features that will aid in the management of a user’s account after the user’s death. While there has been little notification of these features on Facebook itself, the new features have been widely publicized in mainstream media. The new...

 

HTMLEnvironmental Branding in Social Media
Cheri A. Budzynski; Shumaker, Loop & Kendrick, LLP;
Legal Alert/Article
March 23, 2015, previously published on December 19, 2014
For the last three years, I have been the Vice Chair of Social Media for the American Bar Association Section of Environment, Energy, and Resources Air Quality Committee. The position requires posting developments in the law associated with air quality on Twitter and LinkedIn. While most companies...

 

HTMLHIPAA hurts: Jury Verdict Upheld against Walgreen Co. for $1.8 Million
Kimberly T. Boike; Chuhak & Tecson, P.C.;
Legal Alert/Article
March 23, 2015, previously published on March 12, 2015
It seems like every day in the news there is a new story about electronic data breaches from hackers. While these types of data breaches tend to make the front page headlines, hackers account for only a small percentage of reported breaches under the Health Insurance Portability and Accountability...

 

HTMLConversational Privacy - It’s A Thing in Illinois
Tara Kuchar; HeplerBroom LLC;
Legal Alert/Article
March 23, 2015, previously published on February 4, 2015
Illinois’ former eavesdropping law was unconstitutional because it was too broad to protect the fundamental interest in conversational privacy. When the former law was held unconstitutional, many wondered how the General Assembly would respond. By enacting this new law on December 30, 2014,...

 

HTMLFINRA and SEC Issue Cybersecurity Reports Identifying Common Industry Practices
Kyle T. Barrett, Richard J. Johnson, Todd S. McClelland, Mauricio F. Paez, Gregory P. Silberman; Jones Day;
Legal Alert/Article
February 26, 2015, previously published on February 2015
New reports by the Financial Industry Regulatory Authority ("FINRA") and the SEC's Office of Compliance Inspections and Examinations ("OCIE") highlight the increased regulatory focus in the financial sector on cybersecurity. Both reports merit industry attention.

 

HTMLPresident Obama Continues Push on Cybersecurity
Todd S. McClelland, Michael G. Morgan, Mauricio F. Paez, Katherine S. Ritchey, Gregory P. Silberman; Jones Day;
Legal Alert/Article
February 26, 2015, previously published on February 2015
On February 13, 2015, President Obama spoke to attendees of the White House Summit on Cybersecurity and Consumer Protection held at Stanford University. Calling the digital world a "sort of Wild Wild West," Obama and many corporate representatives announced developments intended to...

 

HTMLNew Telecommunications Privacy Rules for U.S. Broadband Providers
Bruce A. Olcott, Mauricio F. Paez, Preston N. Thomas; Jones Day;
Legal Alert/Article
February 26, 2015, previously published on February 2015
Turn-of-the-century common carrier regulation is about to be imposed on providers of broadband internet services in the United States; all that remains to be determined is the details, and there are a lot of them in dispute. On February 4, 2015, Chairman Tom Wheeler of the Federal Communications...

 


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