On April 4, 2024, the CFPB issued a report titled “Banking in Video Games and Virtual Worlds” that examines the financial and privacy risks to consumers in online video gaming marketplaces. The CFPB’s report explains that gaming platforms facilitate the storage and exchange of valuable assets while collecting large amounts of data from their users. According to the CFPB, the gaming marketplaces and infrastructure that facilitate the exchange of assets increasingly resemble traditional banking and payment systems, while the underlying asset exchanges increasingly resemble traditional ..read more

Greenberg Traurig Data Privacy & Cybersecurity Shareholders Dr. Viola Bensinger and Carsten Kociok will present the CLE webinar, “The EU Data Act: data sharing, interoperability and other obligations for providers of cloud services and other data processing services,” on Thursday, May 2, 2024. This webinar will guide participants through the regulatory landscape of the recently enacted EU Data Act and how it impacts digital business models across all industry sectors within and outside Europe. The webinar will cover key provisions relating to sharing IoT product data, international data tr ..read more

Greenberg Traurig Shareholder David Zetoony, co-chair of the firm’s U.S. Data Privacy and Cybersecurity Practice, and Darren Abernethy will present the MyLawCLE and Federal Bar Association webinar, “AdTech, Cookies, Wiretapping, and Banners: The impact of changing laws and changing technology on the world of cookies (2024 Edition),” on Thursday, May 23, 2024. A popular web browser has been threatening for years to turn off support for third party cookies—the technology that most websites use for behavioral advertising. That threat is now a reality. In January, support for third party cookies w ..read more

Some 18 months on from the failed American Data Privacy and Protection Act (ADPPA), there is another proposed federal privacy law. House and Senate committee leads released a new proposal for the bipartisan American Privacy Records Act (APRA) on April 7. There is a lot of discussion around this bill, which is subject to change and not certain to become law. Below are a few initial observations on the bill: The APRA would contain broad preemption rights, which are stronger than those under the ADPPA and would seemingly preempt the more than dozen comprehensive state privacy laws that have been ..read more

Since the Securities and Exchange Commission’s Cybersecurity Incident Disclosure Rule (SEC Rule) took effect Dec. 18, 2023, about a dozen companies have filed a Form 8-K reporting a material cybersecurity incident. This GT Alert discusses the trends on how companies have made these disclosures thus far. In short, the companies who have filed an 8-K have erred on the side of caution, hedging on whether the materiality threshold has been met, reporting an incident early, and providing only high-level information about the incident ..read more

Greenberg Traurig is a sponsor of ALM’s General Counsel Conference Midwest taking place April 16-17, 2024, at the Swissotel in Chicago. The conference will offer key insights and practical strategies that today’s general counsel need to manage and better leverage C-Suite relationships, handle a litigation crisis, and do more with fewer resources. Greenberg Traurig Data Privacy & Cybersecurity Shareholder Reena R. Bajowala will moderate the session, “From Policy to Practice: Privacy Compliance in the Shifting Regulatory Landscape,” on April 16. With big pr ..read more

On April 17, 2023, the Washington State Legislature passed the “My Health My Data Act” (WMHMDA or the Act), which took effect for most companies March 31, 2024. Unlike other modern state privacy laws that purport to regulate any collection of “personal data,” WMHMDA confers privacy protections only upon “consumer health data.” This term is defined to include any data that is linked (or linkable) to an individual and that identifies their “past, present, or future physical or mental health status.”  ..read more

Making Utah the first U.S. state to enact a major artificial intelligence (AI) statute governing private-sector AI usage, on March 13, 2024—coincidentally, the same day the European Parliament adopted the EU AI Act—Utah Gov. Cox signed into law S.B. 149 (AI Law). The AI Law, set to take effect May 1, 2024, was incorporated into Utah’s consumer protection statutes. Its key elements include establishing liability for inadequate/improper disclosure of generative AI (GenAI) use and creating the Office of Artificial Intelligence Policy (Office) to administer a state AI program ..read more

On April 2, 2024, Greenberg Traurig Shareholder Ian C. Ballon, co-chair of the Global Intellectual Property & Technology Practice, will lead the workshop, “The Changing Nature of State Court Data Privacy Litigation and Mass Arbitration.” The session will analyze the nature of state claims, how to mitigate the substantive risks of litigation and procedural risks of class certification and mass arbitration, and will analyze case law, trends, settlements and how to value and not overpay to settle claims. On April 3, 2024, Greenberg Traurig Shareholder David A. Zetoony, co-chair of the firm’s ..read more

GT Data Privacy & Cybersecurity Shareholder Reena Bajowala is quoted in a Bloomberg Law article titled “CISA Bares Regulatory Teeth in Incident-Reporting Proposal (1).”  Click here to read the full article, published by Bloomberg Law March 28, 2024 ..read more