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Steptoe Cyberblog

Tag Archives: New York

New York Adopts New Data Breach Law, Including Data Security Requirements

Posted in Data Breach, Privacy Regulation

Last month, New York Gov. Andrew Cuomo signed into law the Stop Hacks and Improve Electronic Data Security Act (Shield Act). The Shield Act expands the type of personal information covered by New York’s data breach notification law, amends the definition of a “breach of security of the system” and the notification requirement itself, enhances… Continue Reading

Are New York’s BitLicense Rules Good or Bad for Bitcoin?

Posted in Blockchain, Security Programs & Policies, Virtual Currency

It’s only been about a week since New York’s outgoing Superintendent of Financial Services Ben Lawsky released the long-awaited “BitLicense” rules for digital currency businesses operating in New York, but it’s not too early to try to assess the potential impact of those rules on the development of Bitcoin-related businesses and emerging financial technologies. The… Continue Reading