Bitcoin was first introduced in a 2009 white paper, Bitcoin: A Peer-to-Peer Electronic Cash System.[1] Since then, cryptocurrencies[2], also known as virtual or digital currencies, have exploded, with thousands of different types in circulation, achieving a $2T market cap in… Read more
Our previous article considered the technology behind cryptocurrency. This article will focus on the legal framework governing the industry. The cryptocurrency market is subject to a patchwork of inconsistent legislation and regulations that continue to evolve, leading to uncertainty about… Read more
The Department of Labor (DOL) has just issued first-time retirement plan guidance to address cybersecurity risks for employers, plan fiduciaries, recordkeepers and plan participants. The guidance is in the form of recommended best practices to protect retirement benefits by providing… Read more
The Virginia Consumer Data Protection Act (CDPA, or “the Act”) makes Virginia the second state in the nation to have sweeping data privacy legislation. Nationally the CDPA could drive conversations around consumer data privacy and potentially spark discussions of a… Read more
Rarely do Virginia and California fall into the same camp on legislation, but that may change with Virginia’s Consumer Data Privacy Act (the “Act”). The Virginia House of Delegates overwhelmingly passed the Act on January 29th, and the Virginia Senate… Read more
Welcome to 2021! The Woods Rogers Cybersecurity and Data Privacy group is excited for new beginnings and a new year of solving privacy problems. Now is the time to review 2020’s wild ride from a data privacy law perspective and… Read more
On May 26, 2020, in In re Capital One Consumer Data Security Breach Litigation, MDL 1:19md2915 (E.D. Va.) the Federal District Court for the Eastern District of Virginia (Alexandria Division) (Anderson, J.) held that a forensic investigation report conducted by… Read more
Your employee is sitting at his or her home office working on a project and notices an email in his or her inbox with the subject line: “Urgent Request” or “Please get this done ASAP.” Not wanting to miss an… Read more
While the world may feel like it has stopped, privacy policy regulation deadlines- and specifically the July 1, 2020 enforcement deadline – has not been extended at this time. Even with the uncertainty surrounding both the coronavirus and the new… Read more
As the spread of COVID-19 virus creates anxiety and uncertainty across the globe, it also creates new opportunities for cyber fraud. On Saturday, the United States Department of Justice (DOJ) filed a complaint for a Temporary Restraining Order in the… Read more
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