News & Analysis as of

Cyber Incident Reporting

A&O Shearman

FSB publishes finalised format for FIRE framework

A&O Shearman on

The Financial Stability Board (FSB) has published its finalised Format for Incident Reporting Exchange (FIRE), together with a press release and updated webpage. FIRE provides a standardised format for financial institutions...more

Keating Muething & Klekamp PLL

Pay vs. Performance and Cybersecurity Disclosure Rules: Will the SEC Retract Rulemaking?

On March 31, 2025, members of the U.S. House of Representatives Committee on Financial Services sent a letter to Mark Uyeda, Acting Chairman of the U.S. Securities and Exchange Commission. Seeking to “undo the damage from...more

WilmerHale

Preparing for Cybersecurity Disclosure as a Public Company

WilmerHale on

The SEC, investment banks and other stakeholders are increasingly focused on cybersecurity in IPO companies given the potential financial, legal and reputational risks....more

J.S. Held

2025 J.S. Held Global Risk Report: Managing Cyber Risk

J.S. Held on

Cyber incidents such as the 2024 event involving Change Healthcare, which compromised the personal information of over 100 million people, highlight the evolving nature of cyber threats – increasingly becoming risk management...more

Hogan Lovells

Fortifying the Future: Hong Kong’s new cybersecurity laws to protect critical infrastructure

Hogan Lovells on

On 19 March 2025, the Legislative Council (the “LegCo”) passed the Protection of Critical Infrastructure (Computer System) Bill (the “Bill”), which is due to come into effect on 1 January 2026. This is a significant step in...more

Davis Wright Tremaine LLP

Regulatory Reset? U.S. Cyber Incident Reporting Rules Face Congressional Scrutiny

Lawmakers expressed bipartisan support for significantly amending or eliminating some cybersecurity incident notification requirements during a recent hearing of the U.S. House Committee on Homeland Security's Subcommittee on...more

Troutman Pepper Locke

When to Notify Your Cyber Carrier of a Security Incident - Dear Mary – Incidents + Investigations Cybersecurity Advice Column

Troutman Pepper Locke on

Our company experienced a cybersecurity incident. It seemed pretty minor — just a few suspicious emails and an employee’s account being locked. To my dismay, we’re now hearing from our IT team that the issue is more serious....more

StoneTurn

2025 Incident Response Landscape: Practical Tips for Cybersecurity Readiness

StoneTurn on

Organizations seeking to improve their cybersecurity posture in 2025 must assess what happens after an incident has occurred, and how an incident response team will be able to mobilize to respond. This article provides...more

Schwabe, Williamson & Wyatt PC

Coast Guard Tightens Up Cybersecurity Regulations

The maritime industry has become a prime target for hackers. In the last few years, it has seen a steep increase in the number of shipping-related cyberattacks. The recent surge marks a new and pressing challenge for ports...more

Polsinelli

Recent Developments Relating to the SEC’s Cybersecurity Disclosure Requirements

Polsinelli on

The U.S. Securities and Exchange Commission (SEC) is becoming one of the federal agencies at the forefront of driving transparency, cybersecurity awareness and cyber incident reporting. As we reported in last year’s...more

Orrick, Herrington & Sutcliffe LLP

New York State amends law on data breach notifications

On February 14, the Governor of New York signed into law SB 804 (the “Act”), which amends the general business law concerning when and how notifications for data breaches are provided to the New York Department of Financial...more

Cozen O'Connor

FAR Proposed Controlled Unclassified Information Rule: A Path Toward Standardization

Cozen O'Connor on

On January 15, 2025, the FAR Council finally released a proposed rule (the Rule)1 regulating the use and handling of controlled unclassified information (CUI) as a part of the general strategy to reduce threats of...more

Mitratech Holdings, Inc

IT Incident Management Simplified: 5 Strategies for Effective Recovery

Feel confident tackling any threat with a unified incident management approach that integrates roles, communication, and recovery tasks. Small and medium-sized organizations without a disaster recovery plan are 40% more...more

Wilson Sonsini Goodrich & Rosati

Snapshot: The First Year of Cybersecurity Incident Filings on Form 8-K Since Adoption of New Rules

In July 2023, the U.S. Securities and Exchange Commission (SEC) adopted final rules requiring public companies to report material cybersecurity incidents under new Item 1.05 of Form 8-K beginning on December 18, 2023. Our...more

Alston & Bird

UK Government Proposes Targeted Ban on Ransom Payments and Increased Ransomware Incident Reporting

Alston & Bird on

On January 14, 2025, the United Kingdom government published a consultation on ransomware proposing new measures to increase incident reporting and reduce ransom payments (the “Consultation”). The Consultation outlines three...more

Blank Rome LLP

Cybersecurity in the Marine Transportation System: What You Need to Know About the Coast Guard's Final Rule

Blank Rome LLP on

The U.S. Coast Guard (“USCG”) published a final rule on January 17, 2025, addressing Cybersecurity in the Marine Transportation System (the “Final Rule”), which seeks to minimize cybersecurity related transportation security...more

Vinson & Elkins LLP

Deadline to Comment on TSA Proposed Rule on Enhancing Cyber Risk Management for Surface Transportation Sectors

Vinson & Elkins LLP on

On November 7, 2024, the Transportation Security Administration (the “TSA”) published a Notice of Proposed Rulemaking (the “Proposed Rule”) that would mandate cyber risk management (“CRM”) and reporting requirements for...more

Morgan Lewis - Tech & Sourcing

UK Government Proposes Targeted Ban on Ransomware Payments

On January 14, the UK government published a consultation on new measures to tackle the increasing threat of ransomware attacks. Ransomware is malicious software (malware) that infects a victim’s computer system and prevents...more

BCLP

Cybersecurity Risks for Financial Services Firms: Proactive Strategies to Stay Ahead

BCLP on

The 2024 CrowdStrike outage and the ransomware attack on NHS partner Synnovis hit mainstream news and highlighted the fragility of ICT supply chains and the risks posed by cyber incidents....more

Vinson & Elkins LLP

Watch What You Say: SEC Enforcement Scrutinizes Cybersecurity Incident Disclosures

Vinson & Elkins LLP on

On January 13, 2025, the Securities and Exchange Commission (“SEC”) filed a settled enforcement action against Ashford Inc. (“Ashford” or “the Company”), a company that provides products and services to the real estate and...more

Fisher Phillips

9 Sweeping Changes Proposed in India’s Latest Data Protection Draft Rules: What U.S. Employers Can Do to Prepare

Fisher Phillips on

India just released a landmark draft of new rules to refine and implement the Digital Personal Data Protection Act (DPDP Act) – which is India’s first comprehensive data privacy legislation regulating digital personal data...more

BCLP

Pressure-Testing Your Privacy Program for 2025

BCLP on

With the onslaught of new privacy, AI and cyber legislation coupled with promises for enforcement and class action litigation, running a well-functioning and flexible privacy and cyber program is increasingly a critical...more

Wiley Rein LLP

FAR Council Unveils Long-Anticipated Rule for Controlled Unclassified Information

Wiley Rein LLP on

WHAT: The FAR Council published a proposed rule to incorporate the Controlled Unclassified Information (CUI) Program into the acquisition process and, in doing so, seeks to more clearly define government and contractor roles...more

Wilson Sonsini Goodrich & Rosati

Ransomware Attacks: UK Government Proposes Ransom Payment Ban and Mandatory Notification Requirements

On January 14, 2025, the UK government unveiled a proposed framework aimed at combating the rise of ransomware attacks by implementing a payment prevention and reporting regime. This would require companies to not only report...more

DLA Piper

UK: Consultation on Ransomware payments

DLA Piper on

On 14 January 2025, the UK Home Office published a consultation paper focusing on legislative proposals to reduce payments to cyber criminals and increasing incident reporting. ...more

870 Results
 / 
View per page
Page: of 35

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide