President Joe Biden on Monday, October 30, 2023, issued a comprehensive and ambitious Executive Order on the Safe, Secure and Trustworthy Development and Use of Artificial Intelligence in an attempt to regulate AI to protect...more
Come December 2023, public companies will have a very narrow window to report cybersecurity incidents that materially affect their companies. Companies will also have to report annually how they assess and manage...more
7/27/2023
/ Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Data Security ,
Disclosure Requirements ,
Publicly-Traded Companies ,
Regulatory Reform ,
Required Forms ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
President Joe Biden signed the Strengthening American Cybersecurity Act into law on March 15. Among other requirements, companies that are “covered entities” must report data breaches promptly to federal regulators. For...more
3/28/2022
/ Biden Administration ,
Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Data Management ,
Data Protection ,
Data Security ,
Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) ,
New Legislation ,
Regulatory Reform ,
Reporting Requirements
The Federal Communications Commission (“FCC”) circulated internally a Notice of Proposed Rulemaking (“NPRM”) last week that would, among other things, enable telecommunications carriers to report breaches to their customers...more
In the last several weeks, the Executive and Legislative branches of the United States federal government have taken bipartisan measures to defend the country’s infrastructure from the critical national security threat posed...more
8/11/2021
/ Biden Administration ,
Critical Infrastructure Sectors ,
Cyber Attacks ,
Cyber Threats ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Data Protection ,
Data Security ,
Hackers ,
Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) ,
National Security ,
NIST ,
Popular ,
Presidential Memorandum ,
Ransomware
After months of litigation, Zoom Video Communications has agreed to pay $85 million to settle a proposed class action pending in the United States District Court for the Northern District of California....more
8/4/2021
/ Class Action ,
Cybersecurity ,
Data Privacy ,
Data Security ,
Data-Sharing ,
Facebook ,
Google ,
Invasion of Privacy ,
LinkedIn ,
Negligence ,
Popular ,
Section 230 ,
Settlement Agreements ,
Statutory Violations ,
Videoconference ,
Virtual Meetings ,
Zoom®
On October 1, 2020, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) issued an “Advisory on Potential Sanctions Risks for Facilitating Ransomware Payments.” The Advisory, which does not carry the...more
10/6/2020
/ Cyber Crimes ,
Cyber Insurance ,
Cybersecurity ,
Data Security ,
Economic Sanctions ,
Financial Institutions ,
Financial Transactions ,
Foreign Policy ,
International Emergency Economic Powers Act (IEEPA) ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Ransomware ,
SDN List ,
TWEA
Long before the COVID-19 pandemic, the construction industry was "going global" using available technology and cloud-based data storage and file sharing on all phases of projects. For example, a project owner might hire a...more