On January 24, 2022, SEC Chair Gary Gensler gave a speech on cybersecurity rulemaking to the Annual Securities Regulation Institute, outlining a number of key points he expects the SEC…
On January 18, 2022, Avi Gesser from our Data Strategy and Security Group spoke at a webcast for the Risk Management Association on complying with shrinking breach notification deadlines. The…
The Value of Cybersecurity Incident Response Plans As cyberattacks continue to plague U.S. companies, cybersecurity remains a core risk, even for businesses that have invested heavily in technical measures to…
Companies developing Federal Trade Commission (“FTC”) compliance programs, or under investigation by the FTC’s Bureau of Consumer Protection, should be aware of significant developments impacting the Commission’s regulatory authority and…
Be prepared for increasing scrutiny from the Federal Trade Commission (“FTC”) and other regulators regarding the Log4j vulnerability. The attention of the cybersecurity community has been captured by the recently…
On December 16, 2021, Anna Gressel and Avi Gesser from our Data Strategy and Security Group were joined by Maeve O’Connor and Jyotin Hamid of our Commercial Litigation Group for a special…
On December 7, 2021, the New York Department of Financial Services (“DFS”) released new guidance on multifactor authentication (“MFA”), indicating that it is increasing its review of MFA during examinations,…
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.…
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…