Cyber on the Hill
Client Alert | less than 1 min read | 02.08.12
President Obama in his State of the Union address warns of “the growing dangers of cyber-threats,” Congress presses ahead with cybersecurity legislation targeted for votes this month, and the SEC’s recent guidance identifies cyber threats as “material” risks for publicly traded companies. At Crowell & Moring’s DC office on February 15, 2012, C&M’s David Bodenheimer will serve as moderator for the ABA’s “Cyber on the Hill” discussion featuring Rep. Jim Langevin (R.I.), Co-Founder and Co-Chairman of the House Cybersecurity Caucus, who will discuss the cyber threat’s effect on national and economic security, the path toward protecting national assets and promoting cybersecurity, and the role lawyers may play in this process.
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The New Jersey Legislature is considering two bills, that if enacted, would prohibit business entities from using either consumers' personal data or “personalized algorithmic pricing” to set prices for merchandise or services, including groceries. If enacted, the new laws would have broad implications for companies across industries that rely on algorithmic or data-informed pricing strategies. In her recent State Budget Address, New Jersey Governor Mikie Sherrill pledged to sign the proposals into law if they reach her desk.
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