Business Insider has an article up about a bill that would require big tech companies to disclose to their users the value of each individual user’s information. Have you ever wondered how valuable the data that Facebook, Google, and others collect about you is to them? Have you ever thought about why those same companies are so willing to provide you so many “free” services. I suspect that no one really knows the exact cost/benefit for each user of these services, but most everyone would agree that users and their data have value. Keep that in mind the next time you deal with the security of your personal data and take the extra step to keep it secure. Whether you think about it or not, your data has value!
Conduct business in Nevada? Here’s what you need to know about SB 220 and how it affects you.
Nevada governor Steve Sisolak recent signed Senate Bill 220 (“SB 220”) into law. It is a new Nevada privacy law that gives consumers the right to opt out of having their personal information sold. You can read more details about it here in this piece I wrote with Jeffrey Dennis. In short, this new law goes into effect on October 1, 2019, and requires compliance from most businesses in Nevada that have a website and collect information from consumers. If you fall into this category, you need to start considering now how you will comply to avoid fines and penalties. We have a 90-day plan to help your business get in compliance with this law and the California Consumer Privacy Act (“CCPA”) which has key parts going into effect on January 1, 2020. Feel free to reach out if you have questions about either of these laws.
#SB220 #Privacy #Nevadabusiness
The Libra white paper
Today the world got a first glimpse at the future of online payments–or at least the future as envisioned by Facebook–with the release of a white paper on Libra. Libra is intended to be a simple global currency built on blockchain. There are many articles detailing what Libra might mean to the world of finance. I won’t repeat those here, but will just note that there appears to be some significant buy-in from a lot of major players. That means Libra is going to be something we hear a lot about before it launches in early 2020. Only time will tell if it will do what Facebook hopes, but one thing for sure is that the world of cryptocurrency is going to be getting a lot of attention now.
The need for lawyers in a digital world.
The digital age is transforming the world as we know it. New technologies are popping up everyday and replacing old ways of doing things. The constant changes are eliminating redundancies which means industries and people have to adapt. While it is well known that the legal profession is typically slow to adopt new technologies and solutions, lawyers will continue to play an important role in government, business, and society.
Check out this article by Erik P.M. Vermuelen at Hackernoon.com called “The Rise of Lawyers in a Digital World.”
Massive data breach means it is time to change your password. Again.
Earlier this year, a massive data breach known as Collection #1 came to light. Here’s a link to what I wrote about the breach and how you can determine if your account has been compromised by going to haveibeenpwned.com. Regardless of whether your information was breached, let this serve as a friendly reminder to change your password!
Get up to speed on the Magecart online credit card skimmer.
If you haven’t yet heard of Magecart, it’s time you do. Head over to darkreading.com to view the article I wrote about Magecart. Magecart is an online credit card skimmer which has been employed by several groups over the last few years to steal an outrageous amount of credit card information. This article will introduce you to what you need to know about Magecart.
#cyberlaw #magecart