Cybersecurity and Data Privacy

Cybersecurity and Data Privacy
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  • Cyberattacks Against U.S. Water Supplies on the Rise: EPA Urges Utilities to Fortify Defenses

    The increasing threat of cyberattacks against U.S. water supplies has raised significant concerns among federal officials, who emphatically stress the need for utilities to bolster their cybersecurity measures. A recent announcement from the U.S. Environmental Protection Agency (EPA) highlighted the alarming frequency of cyber intrusions targeting these critical infrastructures, underscoring the pressing need for enhanced protection and vigilance.

  • FinCEN Seeks Information in Efforts to Modernize CIP Rule

    On March 29, 2024, the Financial Crimes and Enforcement Network (FinCEN) in collaboration with the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Board of Governors of the Federal Reserve System (collectively, the Agencies), published a Notice for Information and Request for Comment (RFI). Specifically, the RFI seeks information from interested parties regarding the Customer Identification Program (CIP) Rule requirement for banks to collect, among other things, a taxpayer identification number (TIN) or Social Security number (SSN) for U.S. persons prior to opening an account (TIN Collection Requirement).

  • McGlinchey Elects 4 Members to Policy Committee

    McGlinchey is pleased to announce the election of four Members (Partners) to the firm’s executive Policy Committee: Jeff Barringer, Megan Ben’Ary, Jean-Paul (J-P) Perrault, and Robert Savoie.

  • Four McGlinchey Attorneys to Participate in the 2024 MBA LIRC Conference

    Members of McGlinchey’s Financial Institutions Compliance, Financial Services Litigation, and Enterprise Litigation and Investigations teams will participate in multiple sessions during the upcoming Mortgage Bankers Association (MBA) Legal Issues and Regulatory Compliance (LIRC) Conference in San Diego.

  • The Final Countdown: President Biden Signs Potential TikTok Ban into Law

    On April 24, 2024, President Biden signed a sweeping foreign aid package into law. Tucked into the law is a slightly amended version of the “Protecting Americans from Foreign Adversary Controlled Applications Act” (the Act), which will force TikTok’s parent company, ByteDance, to sell TikTok or have it banned in the U.S.

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