Blockchain and Financial Services Blog

Showing 3 posts in Tennessee.

Law and Technology Disconnect: Tennessee Just Killed Encryption Safe Harbor

Tennessee has recently enacted some potentially far reaching changes to its data breach notification statutes. These changes could pose substantial burdens on businesses and professional organizations that do business in Tennessee and maintain personal information of Tennessee residents. Effective July 1, 2016, the Tennessee definition of what constitutes a “breach of the security of the system” that triggers notice includes not only the loss of unencrypted data but encrypted data as well (if that data includes personally identifiable information of Tennesseans). Tennessee is the first state in the country to eliminate a safe harbor from data breach notice obligations where the breach involves encrypted data. Read More ›

NEW POINT-OF-SALE LEGISLATION IN TENNESSEE

Does your company lease point-of-sale (POS) credit card terminals to customers in Tennessee?  Or, are you a Tennessee merchant who accepts credit or debit card sales?  If so, your company will want to be aware of a new Tennessee law that regulates POS terminal contracts. Read More ›

Apple v. Samsung Sanctions Highlight Importance of Understanding Litigation Holds

Like all litigants, financial institutions face important discovery duties in every significant lawsuit. The sanctions recently levied against Samsung in its patent infringement dispute with Apple serve as a potent reminder that understanding data and document preservation requirements is imperative.  Read More ›

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Attorney Spotlight

Courtney Rogers Perrin practices in the Nashville office as a member of the Firm’s Electronic Payments and Blockchain practice groups. She assists clients with regulatory compliance, contract negotiations, acquisitions and fund formation relating to credit card processing and fintech enterprises, including smart contracts and virtual currency matters.

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