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Originally published in American Business Magazine - May 2024. Many small- and mid-sized business owners believe that they are not prime targets for a cyber breach and that threat actors only go after large companies. This...more
Substantive cybersecurity amendments to the Federal Acquisition Regulation (FAR) are underway, significantly altering the duties and obligations of federal government contractors both prior to award and during contract...more
In October 2023, the federal government released a Proposed Rule aimed at incorporating new cybersecurity reporting requirements into the Federal Acquisition Regulation (FAR). In this second installment of PilieroMazza’s...more
Veteran-Owned Small Business (VOSB) and Service-Disabled, Veteran-Owned Small Business (SDVOSB): Certification; Correction, Small Business Administration (SBA) - SBA is correcting a final rule published in the Federal...more
Welcome back to Holland & Knight's monthly data privacy and security news update that includes the latest in policy, regulatory updates and other significant developments. ...more
In 2022, the average cost of cybercrime has reached $4.35 million per organization, and the number of data breaches has climbed by 14%. But despite the rising frequency and impact of cyberattacks, many businesses still do not...more
On January 27, 2022, the National Data Protection Authority (ANPD) published Resolution nr. 2, regulating the application of certain provisions of the General Personal Data Protection Act (LGPD) to small processing agents,...more
No dia 27 de janeiro de 2022, a Autoridade Nacional de Proteção de Dados (ANPD) publicou a Resolução n.º 2, regulamentando a aplicação de determinados dispositivos da Lei Geral de Proteção de Dados Pessoais (LGPD) a agentes...more
Until now, companies primarily regulated by the Federal Trade Commission (FTC) were given only vague directives to implement systems sufficient to safeguard customer data, coupled with FTC “recommendations” as to best...more
With almost daily news of top firms impacted by data breaches or ransomware attacks, there is no doubt that effective cybersecurity and data privacy are essential to any business. And small businesses are not immune....more
Friday afternoon, reports surfaced that a foreign nation had compromised newly-discovered flaws in the Microsoft Exchange Server email software and breached the cybersecurity efforts of more than 60,000 known victims. ...more
On October 29, 2020, the Federal Trade Commission (FTC) will host a virtual workshop entitled, “Green Lights & Red Flags: FTC Rules of the Road for Business.” The workshop will cover a broad array of topics within the FTC’s...more
In the fall of last year, we wrote about the passage of the SHIELD Act (the Act) in New York, which expanded aspects of the state’s breach notification requirements (Breach Requirements) and created a statutory obligation to...more
The Stop Hacks and Improve Electronic Data Security Act (known as the SHIELD Act), signed into law by Governor Cuomo last year, comes into full effect on March 21, 2020. The Act’s expansive reach requires businesses in New...more
In line with recent actions taken across the government to enhance the resilience of the nation’s cybersecurity apparatus, the Cybersecurity Infrastructure Security Agency (CISA) recently released a set of best practices for...more
The Department of Homeland Security Cybersecurity & Infrastructure Security Agency recently released its Cyber Essentials guide. Consistent with the NIST Cybersecurity Framework, these Cyber Essentials provide “a starting...more
A recent study surveying small and mid sized businesses (SMBs) found that 67% had experienced a cyber attack in 2018, and yet that same study found that cybersecurity is still “not on the to do list” for SMBs – 60% of the...more
Commonsense IoT security steps that startups and small business should consider to comply with California’s new law - California recently enacted a new law, Senate Bill 327, that requires companies that make Internet of...more
The Federal Trade Commission recently issued a cyber guide that, while intended for small businesses, can be of help for all businesses. The purpose of the guide, which includes various modules, is to help smaller businesses...more
As a part of National Cybersecurity Month, last week the Federal Trade Commission (FTC) launched a campaign to help educate and assist small businesses with cybersecurity....more
On August 14, 2018, President Trump signed into law S. 770, the “NIST Small Business Cybersecurity Act.” This Act requires the National Institute of Standards and Technology (NIST) to develop and disseminate resources for...more
Nearly 30 years ago the Fair Isaac Corporation (“FICO”) first introduced its metric for measuring creditworthiness. Since then, the FICO Score has become a default metric used by countless market participants to facilitate...more
The U.S. Senate will soon consider legislation aimed at providing simplified resources to help small businesses protect themselves and their customers from cyber threats. The bill, entitled the MAIN STREET Cybersecurity Act...more
No business is too small to be the victim of a cyberattack. In fact, as larger companies invest more resources in cybersecurity, attackers are beginning to target smaller, less secure businesses. It is important for every...more