On November 18, 2021, federal banking regulators published a Final Rule that imposes new notification requirements on banking organizations for certain cybersecurity incidents. Most significantly, the Final Rule requires that…
On November 15, 2021, President Biden signed the Infrastructure Investment and Jobs Act into law, authorizing $1.2 trillion for infrastructure spending, including approximately $2 billion for various federal cybersecurity projects.…
International companies doing business in China and Chinese companies doing business internationally have been awaiting clarification on the rules of the road governing the cross-border transfer of data out of…
On November 8, 2021, the U.S. Department of the Treasury (“Treasury”) announced a new set of sanctions against criminal ransomware actors, the virtual currency exchange Chatex, and three companies providing…
European Data Protection Roundup – October 2021 Key takeaways this October include: Liability for excessive security footage: The need to ensure security systems are configured appropriately to minimise the scope…
On October 13, the annual Securities and Exchange Commission Speaks seminar concluded with presentations from the Examination, Enforcement, and Investment Management divisions. As SEC regulated entities (including publicly traded companies,…
European Data Protection Roundup – September 2021 Key takeaways this September include: Transparency: The importance of providing individuals sufficient information to enable them to understand how their personal data is…
On August 20, 2021, China’s Standing Committee of the National People’s Congress passed the Personal Information Protection Law (“PIPL”).1 The PIPL will take effect on November 1, 2021.2 A breakdown…
On September 22, 2021, the Cybersecurity and Infrastructure Security Agency (“CISA”) issued its preliminary cybersecurity performance goals for critical infrastructure. These voluntary goals, which were initially announced in President Biden’s…
On September 21, 2021, the U.S. Department of the Treasury’s Office of Foreign Asset Control (“OFAC”) released an updated advisory (the “Advisory”) on the sanctions risks associated with facilitating ransomware…