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Secretariat

Five Key Recommendations to Strengthen Cybersecurity in Latin America and the Caribbean

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Cybersecurity is now a core element of legal, regulatory, and business risk management. In Latin America and the Caribbean, organizations face mounting pressure to demonstrate proactive compliance with evolving data...more

Nossaman LLP

White House Officials Want State Water/Wastewater Cybersecurity Plans Soon

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In response to “multiple” cyber threat vectors, the Biden administration has asked governors of all 50 states to generate cybersecurity plans within 90 days (approximately July 1, 2024) to protect local water and wastewater...more

Akin Gump Strauss Hauer & Feld LLP

NYDFS Amended Cybersecurity Rules: Overview of Upcoming Deadlines

On November 1, 2023, the New York Department of Financial Services (NYDFS) announced the adoption of amendments to its Cybersecurity Regulation 23 NYCRR Part 500 (“Amended Cybersecurity Rules” or “Amended Rules”). NYDFS...more

Jones Day

NYDFS Expands Cybersecurity Regulations: Extortion Payment Reporting, Corporate Governance, and Technical Requirements

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A major amendment to the New York State Department of Financial Services' cybersecurity regulations establishes affirmative cybersecurity oversight duties and requires companies to report extortion payments to the agency....more

Baker Donelson

Show Your Work: The SEC Cyber Rules and Documenting Materiality Analysis Under NIST FIPS 199

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The date July 26, 2023, marks the latest evolution of the cybersecurity regulation landscape as the Securities and Exchange Commission passed cybersecurity regulations for publicly traded companies. At the open meeting, SEC...more

Alston & Bird

NIST Cybersecurity Framework 2.0 Released for Public Comment

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On August 8, 2023, the National Institute of Standards and Technology (NIST) released the initial draft of its Cybersecurity Framework 2.0 and draft Implementation Examples for public comment. This marks the first significant...more

The Volkov Law Group

The Evolving Partnership: Compliance and Cybersecurity (Part I of IV)

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If you ask corporate board members and senior executives to list their number one risk (other than financial operations), the answer in today’s risk environment is clear – cybersecurity and data privacy.  The rapid elevation...more

Akin Gump Strauss Hauer & Feld LLP

New AI Guidance: NIST Reveals First Version of AI Risk Management Framework

The National Institute for Standards and Technology (NIST) recently unveiled the first version of its Artificial Intelligence Risk Management Framework (AI RMF 1.0, or “Framework”). This highly anticipated and detailed...more

EDRM - Electronic Discovery Reference Model

[Webinar] NIST CSF 2.0 – Back to the Future - March 7th, 1:00 pm - 2:15 pm ET

GREAT SCOTT! Did you know publication of the NIST Cybersecurity Framework (CSF) 2.0 is around the corner? Last updated in 2018, NIST is making substantial changes to the CSF due to evolving threats. What are these changes?...more

Morgan Lewis - Tech & Sourcing

NYDFS Publishes Proposed Amendment to Its Cybersecurity Rules for Financial Services Companies

The New York Department of Financial Services (NYDFS) published its proposed amendment to its 23 NYCRR Part 500 (Cybersecurity Rules) on November 9, 2022, following the release of the draft version on July 29, 2022....more

Wiley Rein LLP

NIST Is Taking Critical Steps Towards an AI Risk Management Framework

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The National Institute of Standards and Technology (NIST) is leading the federal government’s charge on a framework for assessing and managing risks in artificial intelligence (AI), with a critical workshop this week to...more

Robinson+Cole Data Privacy + Security Insider

NIST Releases Guidance on Supply Chain Security

The National Institutes of Science and Technology (NIST) Information Technology Laboratory recently released guidance entitled “Software Supply Chain Security Guidance,” in response to directives set forth in President...more

Wiley Rein LLP

NIST Seeks Feedback on Draft AI Risk Management Framework in Connection with Extensive Stakeholder Workshop

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On March 29-31, 2022, the National Institute for Science and Technology (NIST) held its second broad stakeholder workshop on its draft Artificial Intelligence Risk Management Framework, titled Building the NIST AI Risk...more

Jenner & Block

US and EU Announce Agreement for New Trans-Atlantic Data Privacy Framework

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On Friday, March 25, President Biden and European Commission President Ursula von der Leyen announced a new agreement in principle for trans-Atlantic data flows. Although details about the new Trans-Atlantic Data Privacy...more

Sheppard Mullin Richter & Hampton LLP

NIST Seeks Comments on Cybersecurity Framework Refresh

The National Institute of Standards and Technology (NIST) is seeking comments to improve its Cybersecurity Framework, “Framework for Improving Critical Infrastructure Cybersecurity” (Request for Information available here)....more

Faegre Drinker Biddle & Reath LLP

NIST Releases New “Cybersecurity Framework Profile for Ransomware Risk Management” to Battle Growing Threat of Ransomware Attacks

Ransomware incidents continue to be on the rise, wreaking havoc for organizations globally. Ransomware attacks target an organization’s data or infrastructure, and, in exchange for releasing the captured data or...more

Fox Rothschild LLP

New Connecticut Law Incentivizes Adoption of Cybersecurity Standards

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In July, Connecticut passed a largely unnoticed new law that followed in the footsteps of Ohio and Utah in limiting damages or creating affirmative defenses for business that experience a data breach after implementing a...more

Jones Day

Jones Day Global Privacy & Cybersecurity Update | Vol. 28

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UNITED STATES - Regulatory—Policy, Best Practices, and Standards - President Biden Issues Cybersecurity Executive Order  - On May 12, 2021, President Biden issued an executive order that placed new standards on the...more

Quarles & Brady LLP

Wisconsin’s New Insurance Data Security Law

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Cyberattacks on organizations with large consumer databases have been on the rise recently. This is certainly true for the insurance industry, which also has been migrating more business to online platforms in an effort to...more

Pillsbury - Policyholder Pulse blog

Insuring a King’s Ransom: The Role of Cyber Insurance in Ransomware Risk Management

Nearly 700 years ago, England captured King John II of France and held him for ransom for four million écus. But France could not afford to pay, and King John II ultimately traded his two sons as substitute hostages to try...more

Polsinelli

First NYDFS Cybersecurity Enforcement Action Arising From a Standard Examination Results in $1.5 Million Penalty

Polsinelli on

On March 1, 2017, the New York State Department of Financial Services (“NYDFS”) Cybersecurity Requirements for Financial Services Companies (the “Cybersecurity Regulation”) became effective. Fast forward four years, where...more

Patterson Belknap Webb & Tyler LLP

NIST Publishes Key Practices in Cyber Supply Chain Risk Management

The recent SolarWinds attack alerted the world to the risk of a cyber supply chain attack—an attack through or on your company’s vendors or suppliers. It is increasingly clear that even if you take all the right steps to...more

Hogan Lovells

New York regulator issues cyber insurance risk framework with implications for insurers and insureds

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On February 4, the New York Department of Financial Services (NYDFS) released Insurance Circular Letter No. 2 (2021), a Cyber Insurance Risk Framework (Framework) for insurers that write cyber insurance....more

Robinson+Cole Data Privacy + Security Insider

NYDFS Cybersecurity Certificate of Compliance Due April 15, 2021

The New York Department of Financial Services (DFS), which regulates certain covered entities and licensed persons in the financial services sector doing business in New York, recently provided guidance to its regulated...more

Jones Day

Jones Day Global Privacy & Cybersecurity Update | Vol. 27

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United States - Regulatory—Policy, Best Practices, and Standard - NIST Unveils Draft Guidance to Protect Critical Infrastructure - On October 22, 2020, the National Institute of Standards and Technology ("NIST")...more

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