New Privacy Rules in India Threaten Offshore Outsourcing Business Models

Cybersecurity, e-discovery, Red Flag Rules -- as if compliance with regulatory requirements surrounding data protection in the U.S. were not enough of a challenge for an entity already ---then, you might well need to also be following the developments of data protection issues in India where India recently and quietly issued new privacy laws that impose significant limitations on how businesses can handle personal information. The fact is that the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011 (“Privacy Rules”) … [Read more...]

Identity Theft "Red Flag" Rules Enforcement Date Extended to June 1, 2010

An action has been taken -- at the request of Members of Congress --  by the Federal Trade Commission (FTC) to officially announce a delay of the enforcement of the "Red Flags" Rule until June 1, 2010.  This ruling affects all financial institutions and creditors subject to enforcement by the FTC. For more details and information regarding this Identity Theft "Red Flag"  Rule announcement CLICK HERE. … [Read more...]

"Red Flag Rules": Exemption Ruling Announced

By an overwhelming vote of 400-0, the U.S. House approved legislation on October 20, 2009, that exempt certain businesses from the Federal Trade Commission's Red Flag Rules.  As part of that legislation, the FTC is also required to issue new regulation setting out the exemption processes that allow any business to apply for an exemption. With November 1, 2009 as an announced Red Flag Rule compliance deadline, it is very likely that this new ruling will cause the FTC to at least consider the announcement of another delay for this compliance deadline. Under the current ruling, health care, … [Read more...]