In the July 2019 article, “Cyberspace: Protecting Data is Serious Business,” Commerce tapped top accounting and law firms in New Jersey for advice and success stories regarding cybersecurity and data breaches. Partner Michael P. O’Mullan described a matter for an existing client regarding whether a security vulnerability on the client’s website (that had since been patched) was reportable under U.S. law, considering that the company’s European Counsel had determined it was reportable under the European Union’s General Data Protection Regulation. After reviewing the U.S. laws relating to data privacy disclosure, the Firm concluded that this incident did not need to be reported under current reporting duty under applicable U.S. law. Mike added, “We were also able to advise the company regarding regulatory guidance and evolving developments that might impact such an incident in the future.”
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