Bank of Israel Authorizes Banking Corporations to Use Cloud Computing in Core Systems

Israeli banking corporations are now allowed to use cloud computing in their core systems and core activities, according to an amendment to the Circular on Proper Conduct of Banking Business concerning cloud computing. Until recently, this ‘core systems’ use was expressly prohibited by the circular. This change in approach, as the Supervisor of Banks clarified, stems from the recognition that ...

Petition to Israel’s High Court of Justice to Ban the Bulk Collection of Telecom Data

The Association for Civil Rights in Israel asserted a petition with the High Court of Justice to judicially amend the Israeli Security Agency (ISA) Law, 5762-2002, to limit the ISA’s surveillance authority regarding telecommunication data granted to it under the law. The petition was filed following the revelation that the ISA had used its powers under the law to surveil ...

U.S. Senators Publish a Bill on the Regulation of the Cryptocurrency Market

Tax exemptions for crypto transactions under $200, classification of virtual assets as securities and commodities, and an obligation to perform an analysis of energy consumption in digital asset markets – are some of the provisions in the U.S. federal Responsible Financial Innovation Bill, which aims to provide economic certainty and clarity in the cryptocurrency and blockchain sectors.

Among other matters, ...

Twitter to Pay $150 Million to Settle FTC Charges

Twitter has agreed to pay a $150 million fine to settle allegations that it had violated the Federal Trade Commission (FTC) rules by using personal data for targeted advertising without obtaining users’ prior consent, for over six years. In addition to the monetary fine, the social media giant was ordered to change its practices to comply with the law.

According ...

Deliberations Begin on the Amendment to the Israeli Privacy Protection Law

The Israeli Parliament’s Constitution, Law, and Justice Committee commenced its deliberations on the 14th amendment to the Israeli Privacy Protection (PPL). The comprehensive amendment seeks to revise the definitions of some of the PPL’s key terms, expand the Privacy Protection Authority’s (PPA) enforcement powers, and downscale the antiquated obligation to register databases with the PPA.

The two sessions held ...

French Regulator Publishes Q&A on the Use of Google Analytics

Following its decision earlier this year to ban the use of Google Analytics for the processing of personal data from France in the absence of additional safeguards, the French data protection authority (CNIL) published a set of questions and answers on the use of Google Analytics by French data controllers.

CNIL reiterated that the existence of the Standard Contractual Clauses ...

U.S. Congress Presents a Federal Bipartisan Privacy Bill

A group of bipartisan legislators presented a new congressional privacy bill in early June. The bill, if enacted, would pre-empt most state data privacy laws. The bill also would allow individuals to opt out of targeted advertisement and to assert legal claims against companies who unlawfully sell their data, among other things. This is the first major step toward a ...

U.S. DoJ Revises Prosecutorial Guidelines for the CFAA

A revision to the U.S. Department of Justice’s guidelines on prosecuting violations of the Computer Fraud and Abuse Act (CFAA) emphasizes that those conducting security research in good faith will not be prosecuted, even where their activities amount to accessing computers “without authorization” under the CFAA. Yet the policy clarifies that asserting to be engaged in security research is not ...