Contracts

A closeup image of a person holding a pen and preparing to sign a document

Data Controller/Data Processor Contracts #1:
Applicability

July 17, 2023
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This blog explains why and when organizations should require contracts with service providers that have access to customer or employee personal information. One of the most underappreciated aspects of data controller/data processors contracts is when they are needed. This results from either 1) a lack of awareness of their necessity, or 2) the failure to…

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U.S. Securities and Exchange Commission Logo with data and legal icons

The SEC’s Proposed New Data Security Rules

April 6, 2023
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A March 15 proposal by the Security and Exchange Commission (SEC) to amend the Gramm-Leach-Bliley Act Safeguard’s Rule will require financial institutions and their data processors (i.e., secure shredders, ITADs, managed service providers, etc.) to seriously rethink and retool their data protection contracts, recordkeeping, and policies and procedures. Here’s What it Looks Like The proposal…

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