On June 4, 2015, four million current and former federal employees were informed that China-based hackers were suspected of gaining access to and compromising their personally identifiable information (PII) via a breach of government computer networks. The scope of the attack has allowed it to be described as one of…
On May 26, 2015, the Internal Revenue Service (“IRS”) announced that criminals illegally accessed data to retrieve the past tax returns of approximately 100,000 individuals through the IRS website. The criminals managed to use social security numbers, birth dates, street addresses, and “out of wallet” data (e.g., person’s first car,…
As of March 25, 2015, the Securities and Exchange Commission (“SEC”) adopted new rules to update and expand Regulation A. Regulation A+ will allow companies to gain access to funds through crowdfunding. These new rules are mandated by Title IV of the Jumpstart Our Business Startups (JOBS) Act. What will…
The modern day business model is shifting towards cloud computing and Software-as-a-Service (“SaaS”) agreements. This new trend allows customers to treat licensing costs as expenses that can be paid over time. SaaS also provides a solution to bug fixes, glitches, and the updating of licenses simultaneously. With the shift to…
Since October of 2013, the Internet Corporation for Assigned Names and Numbers (ICANN) has made a transition towards the expansion of top-level names. This action has sparked concern in Internet stakeholders in regards to security concerns. ICANN was previously responsible for managing 22 domain names, including, “.com,” “.gov,” and others.…
Many startups, entrepreneurs, and business owners will consider registering a corporation instead of remaining a partnership or a limited liability company. To become incorporated, an incorporator must file the company’s articles of incorporation with the state of choice, which provides information including the company’s official name. However, the status of…
In the past few months, more domestic and foreign regulations of digital currencies are being proposed. However, New York is at the forefront of establishing new Bitcoin regulations, and California not far behind. By the end of May, it is likely that the updated BitLicense bill regulatory framework will be…
In recent times, the non-consensual publishing of private images online has been a topic of debate among lawmakers. Since our last article discussing revenge porn, there have been new laws passed and proposed that show state governments’ increasing pushback against posters of revenge porn and their facilitators. More and more…
The CAN-SPAM Act is the federal act that preempts state anti-spam laws. In response to this federal statute, California, and many other states have passed similar anti-spam laws. Do you have a new company that needs to market to a broader community? Will your company create an email list to…
There has been a surge of new laws and regulations passed by governments to implement security and privacy measures for companies storing information in the cloud. This surge is due to recent security breaches and the realization of how much information can be compromised. Information stored in the cloud ranges…