KMK Law Cybersecurity & Privacy Blog

In a case that will have significant ramifications for the legal landscape relating to cybersecurity, the Third Circuit Court of Appeals affirmed a lower court’s decision that the Federal Trade Commission (FTC) had the authority to regulate companies’ data security practices.

On August 11, 2015, federal prosecutors in New York and New Jersey filed criminal charges against two alleged hackers and seven other individuals who allegedly traded securities based upon stolen information. The Securities and Exchange Commission filed a related civil complaint against those same nine individuals, as well as 23 other individuals and corporate entities.

As promised, the U.S. Office of Management and Budget on Tuesday released a set of proposed cybersecurity guidelines to help government agencies draft contracts with information technology contractors.

As the Supreme Court revels in its summer hiatus, and the federal government slows to its August halt, here is a status update and forecast on pending data breach litigation: