COVID-19 and the resulting economic strains imposed by it required an unprecedented response by the U.S. government and federal banking agencies in order to get much needed emergency liquidity into the hands of small businesses. Unsurprisingly, to implement this response, the government turned to community banks, asking them to work […]
Technology & Intellectual Property Update
A Closer Look AT THE CPRA – PART II: Establishment of a New Agency
On Election Day, California voters approved the California Privacy Rights Act of 2020 (the “CPRA”) through a ballot measure. The CPRA amends the California Consumer Privacy Act (“CCPA”), which the California legislature passed in 2018, significantly broadening the control that California residents have over their personal information and imposing new […]
What a Biden Presidency Means for Fintech and Banking in the Short Term: Enforcement, Enforcement, Enforcement
When President-Elect Biden takes office on January 20, many in the banking industry are hoping that he is met with a divided Congress and a Senate under Republican control. The general wisdom behind such thinking is that a divided Congress is unlikely to pass any significant legislation impacting financial services, […]
Data in the Cloud: Cyber-Security, Legal, and Financial Considerations
Cloud Benefits and Costs An annual study by IBM and Ponemon Institute (the “Study”) reviews and reports the average costs associated with data breaches and how different technologies, industries, or preventative measures affect the average. The Study reports averages based on a “per-record” basis. A “record” can be any data […]
A Closer Look at the CPRA’s Expansion of Individual Privacy Rights
On election day this November, Californians passed the California Privacy Rights Act (“CPRA”), also known as CCPA 2.0, as a ballot initiative. We previously provided a high-level overview of the CPRA, here, but now that the initiative passed, it is time for a deeper dive into this new round of […]

