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Regulatory Requirements › Cyber Incident Reporting › Data Protection

White & Case LLP

Cyber-attacks – What Does the Law Require?

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As major cyber-attacks continue to cause widespread organisational and economic disruption, and botnets are being discovered which have the capability of comprising entire organisations, many businesses are re-evaluating...more

Carlton Fields

Construction Update: NAIC’s Privacy Protections and Cybersecurity Working Groups Keep Building

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The NAIC’s privacy protections and cybersecurity working groups have continued their building efforts....more

Vinson & Elkins LLP

Watch What You Say: SEC Enforcement Scrutinizes Cybersecurity Incident Disclosures

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On January 13, 2025, the Securities and Exchange Commission (“SEC”) filed a settled enforcement action against Ashford Inc. (“Ashford” or “the Company”), a company that provides products and services to the real estate and...more

Woods Rogers

FAR Council Publishes Proposed Rule Imposing New Security Requirements on Contractors Handling CUI

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On January 15, 2025, the Federal Acquisition Regulatory Council published a proposed rule (the FAR CUI Rule) that would amend the Federal Acquisition Regulation (FAR) to impose government-wide cybersecurity, training, and...more

Ballard Spahr LLP

FHA issues revised cybersecurity requirements

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As previously reported in May 2024 FHA announced a requirement for FHA approved lenders to notify the U.S. Department of Housing and Urban Development (HUD) of Significant Cybersecurity Incidents, and the requirement was...more

Mayer Brown

New EU Cyber Rules (NIS2) Take Effect; Implementing Rules Adopted

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On 17 October 2024, the European Commission adopted the first Implementing Regulation under the Network and Information Security 2 Directive (EU) 2022/2555 (NIS2), focusing on digital infrastructures and services. The...more

Alston & Bird

Green Light for the Enforcement of NIS 2 in Limited EU Countries Only

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EU Member States had until today, October 17, 2024, to transpose the Network and Information Security (NIS) 2 Directive into their national laws. As Directives are not directly applicable in EU Member States, the EU...more

Health Care Compliance Association (HCCA)

2nd Settlement Triggered by 2017 Ransomware Attack Costs WA Practice $100K; ‘Not a Breach’

Health Care Compliance Association (HCCA) on

Let’s review for a moment. It’s not a HIPAA violation to be a victim of ransomware. It’s not a HIPAA violation to pay a ransom. It’s up to the covered entity (CE) to determine if a security or privacy incident is a...more

Wyrick Robbins Yates & Ponton LLP

Maybe Not Practical After All: HUD Proposes Revised Cyber Incident Reporting Requirement for FHA-Approved Mortgagees

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As we discussed in a recent post, earlier this year the U.S. Department of Housing and Urban Development (“HUD”) issued Mortgagee Letter 2024-10, which imposed a new requirement on all FHA-approved mortgagees to report...more

Polsinelli

FTC Adopts Data Breach Notification Obligations for Non-Banking Financial Institutions

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On October 27, 2023, the Federal Trade Commission (“FTC”) adopted an amendment to the FTC’s Safeguards Rule that will require non-banking financial institutions to notify the FTC within thirty days of discovering a data...more

Sheppard Mullin Richter & Hampton LLP

Do Business With the Federal Government? Here’s a 2022 Cybersecurity Recap: Part Four - Cybersecurity Federal Acquisition...

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The federal government has continued its efforts to fulfill the requirements set forth in Executive Order 14028, Improving the Nation’s Cybersecurity. For companies that do business with the Federal government, beyond looking...more

Polsinelli

Federal Banking Regulators Issue New Guidance for Complying with 36 Hour Cybersecurity Incident Reporting Requirement

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On March 29, 2022, federal banking regulators issued important guidance for how banking organizations can comply with the upcoming requirement to notify regulators within 36 hours of ransomware or other disruptive...more

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