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White House Orders New Rules on U.S. Outbound Investment

The Biden Administration has issued its long-awaited Executive Order on Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern (“EO”), which will create a new...more

Federal Financial Regulators Propose Requiring Banks Report Cyber Incidents Within 36 Hours

On December 17, 2020, the Office of the Comptroller of the Currency, Treasury (OCC); the Federal Reserve; and the Federal Deposit Insurance Corporation (FDIC) issued a Notice of Proposed Rulemaking that would require...more

Justice Department Issues Guidance on Online Intelligence Gathering for Cybersecurity

On February 27, 2020, the Cybersecurity Unit of the Justice Department’s Computer Crime and Intellectual Property Section released a guidance document addressing “Legal Considerations when Gathering Online Cyber Threat...more

Board Oversight of Cybersecurity

Cybersecurity is one of the highest priority issues for public company executives and directors. This note shares our views—developed over our involvement in the aftermath of many cybersecurity events as well as counseling on...more

President Trump Issues Cybersecurity Executive Order

On May 11, President Trump signed his long-awaited Executive Order on “Strengthening the Cybersecurity of Federal Networks and Critical Infrastructure.” Much of the Order mandates efforts to improve the government's own...more

A Closer Look at Cybersecurity Legislation and Regulations in the US and Abroad - Global Overview

With interconnectivity and use of digital storage expanding, cyberthreats posed by nation states, commercial competitors, company insiders, transnational organised crime and ‘hacktivists’ are growing on a global basis. Recent...more

Department of Defense Revises Landmark Cybersecurity Rule, Extends Deadline for Some Compliance Requirements

On December 30, 2015, the Department of Defense (DoD) issued a second interim rule on Network Penetration Reporting and Contracting for Cloud Services, amending an earlier version issued on August 26, 2015. The new, amended...more

Federal Trade Commission Issues “Start with Security” Guidance

On June 30, the Federal Trade Commission (FTC) issued its first guidance document as part of its Start with Security initiative. The initiative, announced by FTC Consumer Protection Director Jessica Rich in March, will...more

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