Cyber Attacks Cybersecurity Framework

News & Analysis as of

FFIEC Cybersecurity Assessment Tool: Not Just For Financial Institutions

On June 30, 2015, the Federal Financial Institutions Examination Council (FFIEC) released its long anticipated Cybersecurity Assessment Tool (press release here). The FFIEC is a formal interagency organization empowered to...more

Republican Senators Sought To Tie Cybersecurity Measure To Defense Bill

In the wake of the recent public disclosure of the massive breach into the Office of Personnel Management compromising the personal information of approximately 4 million individuals, Senators were hoping to tie a...more

Heartland Payment Systems suffers another data breach

Heartland Payment Systems suffered one of the largest breaches in history in 2008, when over 100 million credit and debit cards issued by hundreds of financial service companies were stolen from their payroll payment...more

United States And Japan Pledge Closer Cooperation In Cyber Defense Matters

On May 30, the United States-Japan Cyber Defense Policy Working Group (“CDPWG”) issued a joint statement outlining increased cooperation between the two countries in the cyber realm. The CDPWG was founded in October 2013 to...more

Patriot Act Reauthorization Debate Delays Cybersecurity Legislation

In This Issue: - Industry Liability Protections and Standards - Legislative Timeframe - Additional Notification Bill Expected - Conclusion - For More Information - Excerpt from Industry...more

Effective cybersecurity: 8 questions for you and your team

Cybersecurity has become a top-tier risk for US and multinational organizations. It is only a matter of time before a determined hacker will penetrate your organization’s system and successfully exfiltrate some data. (Indeed,...more

BSA Releases European Union Cybersecurity Dashboard

On March 3, BSA/The Software Alliance, a software industry advocacy group, released the EU Cybersecurity Dashboard: A Path to a Secure European Cyberspace (the “EU Dashboard”), an analysis of data security laws and policies...more

Solving the Legal Challenges of Trustworthy Online Identity

In this age of phishing, hacking, identity fraud, and other forms of cybercrime, answering two simple questions – “Who are you?” and “How can you prove it?” – is fast becoming a critical requirement for online business...more

The Government's Strategy to Combat the "Cyber Arms Race"

In the midst of ongoing, escalating and increasingly troublesome reports of large-scale corporate cyber breaches, the federal government is trying to fight back more forcefully with a dual strategy to shore up agency...more

Is 2015 the Year of Data Protection?

The growing frequency, impact and sophistication of cyberattacks in the U.S. and abroad have highlighted the need to address America's lack of a unified federal cybersecurity framework. No single congressional committee or...more

SEC Cybersecurity Initiative: Five Steps ALL Broker-Dealers and Investment Advisers Should be Taking

Last week, the U.S. Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) released a Risk Alert announcing its Cybersecurity Initiative....more

With Cyberattacks on the Rise, White House Releases Cybersecurity Framework

Given the apparent vulnerabilities evidenced by recent cyberattacks to big-box retailers, cybersecurity remains a top priority for both the federal government and private sector. On February 12, the National Institute of...more

California Bill Would Create Cyber Security Commission

In recognition of the increasing threat that cyber-attacks pose to the state's infrastructure and the considerable costs that government and private sectors are estimated to spend on cyber security (more than $70 billion...more

APT Threat Report Shows Cybersecurity Risks Not Limited to Identity Theft

We often talk to companies who believe they are an unlikely target for hackers because they do not have financial account information, Social Security numbers, or medical information. However, personal information is not the...more

Utilities Sector To Be a Focus of Executive Order Directing Development of Critical Infrastructure Cybersecurity Framework

Little more than a week after reports of cyber attacks targeted at the Department of Energy, The New York Times and The Wall Street Journal, President Obama declared in his State of the Union address that these forms of...more

President Obama Signs Executive Order on Cybersecurity

Order will create a voluntary Cybersecurity Framework for designated critical infrastructure within a year. On February 12, President Barack Obama signed an executive order directing the Department of Homeland Security...more

President Obama Issues Long-Awaited Cybersecurity Executive Order

As President Obama delivered his fifth State of the Union speech to Congress on February 12, 2013, he simultaneously issued a highly anticipated Executive Order (“the Order”) focused on improving cybersecurity in the United...more

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