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Cyber Attacks Cybersecurity Framework

Municipalities Under Connecticut's New Cybersecurity Strategy

by Murtha Cullina on

On July 10, 2017, Governor Dannel Malloy, along with Chief Information Officer Mark Raymond and Chief Cybersecurity Risk Officer Arthur House, released Connecticut’s initial Cybersecurity Strategy. The goal of the...more

#MLWashingtonCyberWatch: The Cybersecurity Executive Order (at last)

Amid the flurry following former FBI Director James Comey’s firing last week, President Trump marked his 111th day in office on Thursday, May 11th by signing an executive order targeting national cybersecurity....more

White House Signs New Cybersecurity Executive Order

by Dentons on

On May 11, 2017, President Donald Trump signed a new Executive Order on cybersecurity entitled Strengthening the Cybersecurity of Federal Networks and Critical Infrastructure. The new order is split up into three sections,...more

DHS Warns Congress On Mobile Device Security

by Dentons on

On May 4, 2017, the US Department of Homeland Security (DHS) submitted a new study to Congress that detailed current and emerging threats to the Federal government’s use of mobile devices and provided recommendations for...more

Proposed Federal Cybersecurity Regulations for Financial Institutions Face an Uncertain Future

Last year’s proposed comprehensive framework for cybersecurity rules for large financial institutions is suddenly facing an uncertain future. With the comment period having closed as of February 2017, the framework was facing...more

It’s March 1: The Cybersecurity Goal Post Has Been Moved

In an effort to combat the growing prevalence of large-scale corporate cyberattacks, the New York Department of Financial Services (“NYDFS”) is rolling out a revamped cybersecurity regulation for financial services companies...more

NIST Issues Practice Guide for Electric Utilities

On February 16, 2017, the National Cybersecurity Center of Excellence released its draft practice guide for electric utilities, entitled “Situational Awareness for Electric Utilities.”...more

NIST Updates Cybersecurity Framework Guidance

by Hogan Lovells on

In the past month, the National Institute of Standards and Technology (NIST) has issued a draft update to its flagship cybersecurity framework as well as new standalone guidance on how organizations can plan to recover from...more

2017 Resolutions for Community Banks: A Focus on Cybersecurity

by Hogan Lovells on

In December 2016, Thomas Curry, the Comptroller of the Currency, stated that cybersecurity was the single greatest systemic threat to our financial system. He was not being hyperbolic. Cybersecurity should be on...more

New York Department of Financial Services Delays Compliance Deadline for Cybersecurity Regulations

by Nossaman LLP on

On October 25, the Privacy Law Report featured a blog post on new cybersecurity regulations being implemented by the New York Department of Financial Services (“DFS”). Those regulations impose a number of requirements on...more

Bank Objections Play Key Role in Delay of New York Cybersecurity Regulation

The New York Department of Financial Services announced last week that it will revise and delay the effective date of its proposed cybersecurity regulation. The announcement came two days after New York bankers brought up a...more

NIST and USCG Issue New Maritime Industry Cybersecurity Profile

by Dentons on

In 2013, President Obama issued Executive Order 13636 and directed the Director of the National Institute of Standards and Technology (NIST) to “lead the development of a framework to reduce cybersecurity risks to critical...more

New Cybersecurity Reporting Requirements? FinCEN Advisory Identifies Cybersecurity Events for Financial Institutions to Report

by Orrick - Trust Anchor on

Last week, FinCEN (Financial Crimes Enforcement Network) issued a formal Advisory to Financial Institutions and published FAQs outlining specific cybersecurity events that should be reported through Suspicious Activity...more

FTC Round-Up: NIST Framework Compliance Is Not Enough and Looming Ransomware Enforcement Activity

by Snell & Wilmer on

On August 31st and September 7th, 2016, the Federal Trade Commission (FTC) provided guidance regarding cybersecurity standards, which companies should consider when assessing their current data security posture....more

White House Issues Presidential Directive Coordinating Government Response To “Cyber Incidents”

by Dentons on

On July 26, 2016, President Obama issued a new Presidential Directive setting forth the framework for how the United States (US) federal government will respond to “cyber incidents,” whether involving government or private...more

Raytheon/Ponemon survey confirms companies wait until an event to hire a data security vendor

The results of a Raytheon commissioned Ponemon study released on June 7, 2016 shows that at least two-thirds of businesses wait until they have experienced a cyber-attack or data breach to hire and retain security vendors to...more

BIMCO issues cybersecurity guidelines for ships

Last week, BIMCO, along with other shipping organizations, “launched” guidelines “to help the global shipping industry prevent major safety, environmental and commercial issues that could result from a cyber incident on-board...more

Also In the News - Data, Privacy, & Security Practice Report - December 2015 #2

by King & Spalding on

Harmonizing Cybersecurity And Trade Secret Protection – Many companies are investing heavily in cybersecurity and implementing a framework such as the Cybersecurity Framework from the National Institute of Standards and...more

Cybersecurity and resiliency: The Financial Sector’s “New Frontier”

“The Internet has a dark side,” Deputy Treasury Secretary Sarah Bloom Raskin remarked while addressing senior level banking executives at this year’s Clearing House Annual Conference. Raskin focused her comments on malicious...more

U.S., China Announce Cybersecurity Agreement During Xi Jiping’s Visit

by King & Spalding on

Chinese President Xi Jinping made his first state visit to the United States last week, and his itinerary included meetings with U.S. technology company leaders as well as President Barack Obama. Not surprisingly, his hosts...more

Disclosure Of Numerous Hacks At The U.S. Department Of Energy Renews Cybersecurity Concerns In The Energy Sector

by King & Spalding on

Records produced by the U.S. Department of Energy (“DOE”) to USA TODAY under a Freedom of Information Act request revealed over 150 successful cyber intrusions into DOE computer systems between 2010 and 2014. Concerns about...more

Cybersecurity as a Regulatory Issue: The NAIC Considers The Anthem Breach And Weighs a “Cybersecurity Bill of Rights”

by Carlton Fields on

The Cybersecurity Task Force of the National Association of Insurance Commissioners (the “NAIC”) met last month, as part of on the NAIC’s 2015 Summer National Meeting in Chicago. The Task Force focused on two issues: the...more

FTC Can Regulate Cybersecurity Practices, Third Circuit Rules

by Ballard Spahr LLP on

The Federal Trade Commission (FTC) can regulate cybersecurity policies and procedures as “unfair” acts or practices under Section 5 of the FTC Act, the U.S. Court of Appeals for the Third Circuit has ruled in a very important...more

The Legal Lessons of Data Breaches

Every business would love to find a fortune teller to give it insight into what trends to follow, which risks to take, and when “exposure” will convert to liability. Some clients might say that, unfortunately, their lawyers...more

Federal Appeals Court Recognizes for the First Time the FTC’s Authority to Enforce Cybersecurity Practices

by King & Spalding on

On August 24, 2015, the Third Circuit Court of Appeals issued a much-awaited decision in FTC v. Wyndham Worldwide Corporation, holding that the Federal Trade Commission (FTC) has authority to regulate “unfair” or “deceptive”...more

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Cybersecurity

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