News & Analysis as of

Reporting Requirements Risk Mitigation Cybersecurity

Wyrick Robbins Yates & Ponton LLP

Possible… but Practical? HUD’s New 12 Hour Cyber Incident Reporting Requirement for FHA-Approved Mortgagees

On May 23, 2024, the U.S. Department of Housing and Urban Development (“HUD”) issued requirements, effective immediately, for all FHA-approved mortgagees to report certain cyber incidents to HUD within 12 hours of detection....more

NAVEX

Don't Be the Weakest Link – Your Team's Crucial Role in Cybersecurity

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Cybersecurity success depends on more than just technology. As we’ve seen in part one and part two of this series on cybersecurity risk, the costs of a cyber attack are high – and bad actors always look for the easiest entry...more

Mitratech Holdings, Inc

Compliance Down Under: Understanding Australian Regulation CPS 230

The Australian Prudential Regulation Authority (APRA) released Prudential Standard CPS 230 in March 2017. At a glance, the regulation aims to strengthen the cybersecurity resilience and operational risk management of the...more

Guidepost Solutions LLC

Unlocking the Power of Precision: Data Quality and Accessibility for Corporate Security Departments

Amidst the relentless waves of pandemic-induced uncertainty, organizations found themselves at a crossroads, compelled to reimagine how their businesses operated. For example, when stay at home orders continued to be extended...more

Dechert LLP

White House Issues Sweeping Executive Order on AI: Key Takeaways

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President Biden’s recent Executive Order on Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence: Establishes a federal government-wide effort to mitigate risks of improper AI development and use. ...more

BCLP

Ransomware - why paying up earns no credit with the UK's Data Protection Authority and others

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In a joint letter this summer, the UK’s data protection regulator (the ICO) and the UK’s National Cyber Security Centre (the NCSC) sought to convey some key messages to the legal profession relevant to advising clients...more

Goodwin

CFPB Launches New Initiative Focused on Rural Communities

Goodwin on

In This Issue. The Consumer Financial Protection Bureau (CFPB) announced a new initiative focused on financial issues faced by rural communities and also updated its examination procedures to cover unfair discrimination; the...more

NAVEX

Strengthening American Cybersecurity Act of 2022

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On March 1st, the United States Senate passed a historic cybersecurity bill with bipartisan and unanimous support. This bill impacts operators of federal infrastructure and federal civilian agencies. The Strengthening...more

Alston & Bird

The Digital Download – Alston & Bird’s Privacy, Cyber & Data Strategy Newsletter – November 2021

Alston & Bird on

Selected Developments in U.S. Law - Department of Defense Suspends the CMMC Pilot Program and CMMC Requirements in DoD Solicitations Pending Major Changes for CMMC 2.0. On November 5, 2021, the Department of Defense...more

Alston & Bird

Executive Order Details Cybersecurity Changes For Public And Private Sector

Alston & Bird on

In a lengthy Executive Order issued on May 12, 2021 (the “Order”), the Biden Administration has taken steps “to make bold changes and significant investments” in both public and private sector cybersecurity “in order to...more

Holland & Knight LLP

DOE Announces New Cyber Office to Elevate Importance of Risks to Energy Sector - Effort Builds on Prior White House, DOE and FERC...

Holland & Knight LLP on

The President’s FY 19 Proposed Budget, issued on Feb. 12, 2018, featured a heavy focus on the cybersecurity risks to the nation’s critical infrastructure and included budget increases for cyber specific missions within...more

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