Efforts to Address the Lack of Federal Data Privacy Legislation in the U.S. Have Continued -
The need for federal data privacy legislation was reiterated in the House Energy and Commerce Committee’s Subcommittee on...more
8/7/2023
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Entities facing significant legal risk, no matter the circumstances, if they make ransom payments to attackers connected to, or originating from Russia.
As the Russian invasion of Ukraine continues, the U.S. government...more
4/27/2022
/ Cyber Attacks ,
Cyber Crimes ,
Economic Sanctions ,
FinCEN ,
Foreign Relations ,
Office of Foreign Assets Control (OFAC) ,
Ransomware ,
Risk Assessment ,
Risk Mitigation ,
Russia ,
Ukraine
The new law will require critical infrastructure entities to report certain covered cybersecurity incidents to government agencies within 72 hours; ransomware payments within 24 hours.
On March 15, President Biden signed...more
Banking organizations must notify the appropriate agency within 36 hours of certain computer-security incidents; and banking service providers must notify affected banking organizations as soon as possible in the event of an...more
12/22/2021
/ Banking Sector ,
CFTC ,
Cyber Attacks ,
Cybersecurity ,
Data Breach ,
FDIC ,
Federal Reserve ,
Financial Services Industry ,
Notice Requirements ,
OCC ,
Popular ,
Securities and Exchange Commission (SEC)