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Data Privacy and Data Security Transatlantic Challenges

Data Privacy and Data Security Transatlantic Challenges

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U.S. <strong>Privacy</strong> <strong>and</strong> <strong>Data</strong> <strong>Security</strong> Legal Requirements• Federal St<strong>and</strong>ards– FTC Act– Gramm­Leach­Bliley– HIPAA– FCRA <strong>and</strong> FACTA• Sarbanes­Oxley• Abide by Non­U.S. Laws When Relevant– European Union <strong>Data</strong> Protection Directive, if data comes from/crosses EU– Canada Personal Information Protection <strong>and</strong> Electronic Documents Act• Common Law Duty of Reasonable Care• State <strong>Data</strong> Breach Disclosure Laws• State mini­FTC acts• <strong>Privacy</strong> commitments seen as contracts with consumers

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