Category

Cybersecurity

28 January 2022

U.S. and Foreign Cybersecurity and Intelligence Agencies Recommend Measures to Counteract Threat of Russian Cyberattacks

On January 11, 2022, the Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI), and the National Security Agency (NSA) recently released a joint Cybersecurity Advisory warning critical infrastructure operators about the threat of Russian state-sponsored cyberattacks and recommended best practices to minimize disruption from such an … Read More

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11 January 2022

5 Global Data Protection Trends To Watch In 2022

*This article was first published by Law360 on January 3, 2022.

A recent discussion with Elizabeth Denham and Claudia Berg of the U.K. Information Commissioner’s Office provided ample food for thought on the direction in which data protection regulation both in the U.K. and internationally is headed, including key trends

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22 November 2021

U.S. Federal Bank Regulators Require Notifications For Material Cybersecurity Incidents

On November 18, 2021, a group of federal bank regulators announced a final rule requiring banks to notify their primary federal regulator of any “significant computer-security incidents.” Regulators must be notified no later than 36 hours after the bank has determined that the incident triggers the rule’s notification requirement. Further, … Read More

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14 October 2021

The U.S. Federal Government Continues Its Focus on Ransomware Attacks: CISA, FBI, and NSA Publish Technical Advisory on the Conti Group

On September 22, 2021, the Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI), and National Security Agency (NSA) published a cybersecurity advisory (the “Advisory”) outlining the Conti ransomware group’s tactics, techniques, and procedures (“TTPs”) to help companies protect against their attacks. This Advisory is especially … Read More

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12 October 2021

Data Breaches are More Expensive than Last Year, New IBM Security Report Finds

Death, taxes and data breaches. Cybersecurity incidents have grown in frequency, scale and seriousness. As articulated in President Biden’s May 2021 Executive Order, Improving the Nation’s Cybersecurity, “[t]he United States faces persistent and increasingly sophisticated malicious cyber campaigns that threaten the public sector, the private sector, and ultimately … Read More

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24 September 2021

Five Key Considerations Regarding New U.S. Sanctions to Address Ransomware Threats

On September 21, 2021, the U.S. Department of the Treasury (Treasury) Office of Foreign Asset Control (OFAC) imposed sanctions on a virtual currency exchange called Suex OTC, S.R.O. (Suex), and published an updated advisory on potential risks for those who facilitate ransomware payments. These coordinated actions represent significant moves by … Read More

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20 September 2021

Regulatory Update: NAIC Summer 2021 National Meeting

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. As a result of the continuing COVID-19 pandemic, the NAIC met in a hybrid format with attendees participating both in person and virtually. This post summarizes the highlights from this meeting in … Read More

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