Whether you are marking today with a glass of champagne, a shot of whiskey, or a hot cup of tea, today marks a significant day for privacy professionals world-wide.
Here’s to all of the privacy professionals who have put in so many hours to prepare for the GDPR, fully effective as of Friday May 25, 2018 at midnight in Brussels; that is 6 PM eastern on Thursday, May 24th for toasting purposes.
For business executives, policymakers, and consumers who have become aware of the GDPR in recent weeks and are interested in learning more, visit our GDPR resource page here.
The British Private Equity & Venture Capital Association has issued a Guide to GDPR for the Funds Industry focusing on practical guidance, including explanations of what the GDPR is and why it is relevant for the funds industry. Authors included Sidley lawyers William RM Long, Geraldine Scali, Vishnu Shankar, Francesca Blythe, Denise Kara and Eleanor Dodding.
The GDPR, or the General Data Protection Regulation, is a new EU data privacy law that comes into force on 25 May 2018. The GDPR is intended to provide a single harmonised data privacy law that applies across the EU and is appropriate for the use of Personal Data in the 21st century. The GDPR imposes many new data protection requirements on the collection, use and disclosure of Personal Data which will be relevant to firms and imposes significant fines of up to 4% of annual worldwide turnover.
The Guide describes how key parts of the GDPR will apply to firms and key obligations and issues for firms to consider in dealing with the GDPR. Read more.
Sidley hosted the firm’s fourth annual Privacy and Cybersecurity Roundtable in the DC office on Monday, March 26, 2018.
Following an introduction by Sidley partner Alan Raul, Giovanni Buttarelli, European Data Protection Supervisor, and Helen Dixon, Data Protection Commissioner for Ireland, discussed the EU General Data Protection Regulation which will go into effect on May 25, 2018. Both Helen Dixon and Giovanni Buttarelli shared their insights on preparation for, and life after May 25. Following their remarks, Sidley Partner and Privacy practice Co-Leader, Ed McNicholas (D.C.) moderated a lively discussion that included Cam Kerry, Senior Counsel (D.C./Boston) and new Sidley Partner, Wim Nauwelaerts (Brussels). (more…)
Sidley will be hosting its annual Privacy and Cybersecurity Roundtable on Monday, March 26 starting at 1:30 PM EST. Two panels will highlight EU General Data Protection and the Future of Privacy and Cybersecurity Enforcement, followed by a special data protection themed reception featuring “A Taste of Adequacy and Essentially Equivalent Wines and Spirits”. Guest speakers include European Data Protection Supervisor, Giovanni Buttarelli; Data Protection Commissioner for Ireland, Helen Dixon; VP and Deputy GC for Privacy and Regulatory Affairs from Microsoft, Julie Brill; and Associate Director, Division of Privacy and Identity Protection, Bureau of Consumer Protection, Maneesha Mithal. If interested in attending, please contact dcevents@Sidley.com as space is limited.
The fourth edition of The Privacy, Data Protection and Cybersecurity Law Review takes a look at the evolving global privacy, data protection and cybersecurity landscape in a time when mega breaches are becoming more common and businesses are coming under increased scrutiny from regulators, Boards of Directors and their customers. Several lawyers from Sidley’s global Privacy and Cybersecurity practice have contributed to this publication. See the links below for a closer look at this developing area of law. (more…)
Washington, D.C. – Sidley Austin LLP is pleased to announce that Christopher Fonzone, former National Security Council (NSC) legal adviser and deputy assistant and counsel to President Obama, has joined the firm as a partner in its Washington, D.C. office. He will be a member of Sidley’s global Privacy and Cybersecurity practice. (more…)
Sidley is delighted to announce that The National Law Journal named Boston and Washington, D.C. senior counsel Cameron F. Kerry to its third annual “Cybersecurity and Data Privacy Trailblazers” special supplement. (more…)
London – Sidley Austin LLP is pleased to announce that Anthony Gardner, former U.S. Ambassador to the European Union, will join Sidley as senior counsel. He will be a member of both its International Trade and Privacy and Cybersecurity practices, and split his time between the firm’s London and Brussels offices. (more…)
Brussels – Sidley Austin LLP is pleased to announce that Wim Nauwelaerts has joined the firm as a partner in its Brussels office. He will be a member of Sidley’s global Privacy and Cybersecurity practice. (more…)
*This post was originally distributed as a privacy and cybersecurity client alert on Monday, May 15, 2017. Sign up for our privacy and cybersecurity distribution list here.
As you likely will have heard, there is an ongoing major cyber-attack involving the WannaCry ransomware. It is affecting businesses across the world and across sectors, including financial services firms, healthcare entities and even manufacturers. We are actively advising clients on cybersecurity matters, and we have recently guided clients through ransomware attacks. We have also recently authored a major report on improving transatlantic cybersecurity in collaboration with the US Chamber of Commerce.
Following the WannaCry attack, many companies and their counsel will need to consider and coordinate the following: (more…)