Cybersecurity Information Sharing

Cybersecurity is a term used to describe methods and systems for protecting sensitive information in the electronic sphere. As more financial, business, and personal information becomes exclusively maintained and... more +
Cybersecurity is a term used to describe methods and systems for protecting sensitive information in the electronic sphere. As more financial, business, and personal information becomes exclusively maintained and stored electronically, the risks of attacks, leaks, and disclosures become more pronouced. The concept of Cybersecurity encompasses a broad array of issues, including governmental regulations to ward off cyber terrorists, industry data collection and maintenance practices, and consumer advocacy to ensure the privacy of individuals' personal and medical information.     less -
News & Analysis as of

Industry Weighs In on Data Security, Cybersecurity Legislation

Industry Weighs In on Data Security, Cybersecurity Legislation: Why it matters - Members of the financial industry were able to share their positions and voice concerns at a recent hearing held by the House...more

FFIEC: Beware Cyber Attacks, Destructive Malware

Why it matters - In a pair of joint statements, the Federal Financial Institutions Examination Council (FFIEC) cautioned financial institutions about cyber attacks compromising credentials and destructive malware. The...more

House Passes Cyber Sharing Bills and Congress is Focusing on Data Protection

On Wednesday, April 22, 2015, the U.S. House of Representatives passed the Protecting Cyber Networks Act ("PCNA"), which would give companies certain liability protection against potential lawsuits when sharing cyber threat...more

Cyber Information Sharing: Legislation Roundup

With an increasing number of high-profile data breaches in the news, both the U.S. Senate and the House of Representatives have pushed forward on several data security and privacy bills. In the recent months, lawmakers have...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

Cyber Bills Gain Momentum as DOJ Issues Cyber Guidance

While the U.S. Congress has been faulted for failing to find common ground on many issues, one exception seems to be cybersecurity and data sharing. Three bills are in Congress that address the reporting and sharing of...more

Privacy & Cybersecurity Update - April 2015

In This Issue: - DOJ Issues Cyber Preparation and Response Guidance - RadioShack’s Plan to Auction Customer Data Highlights Issues Over Treatment of Such Data as an Asset - Google v. Vidal-Hall and...more

Cybersecurity Legislation Passes In The House

As an update to last week’s article, Congress To Take Up Major Cybersecurity Legislation During “Cyber Week”, the House passed H.R. 1560 and H.R. 1731. These Acts will now be combined and sent as a package to the Senate....more

It’s Cyber Week in Washington, DC — and RSA Conference Week in San Francisco

Security is on the agenda from coast to coast this week. Cybersecurity information sharing legislation will hit the House floor this week. H.R. 1731, the National Cybersecurity Protection Advancement Act was reported...more

Virginia Launches First State-Level Information Sharing and Analysis Organization

On April 20, Virginia Gov. Terry McAuliffe announced that the state is establishing the nation’s first state-level Information Sharing and Analysis Organization (“ISAO”), intended to enhance the voluntary sharing of critical...more

The Evolving U.S. Cybersecurity Landscape: What Firms Want to Know

Following a year of high-profile data breaches, the Securities and Exchange Commission (SEC) announced on January 13, 2015 that, for the second consecutive year, its Office of Compliance Inspections and Examinations (OCIE)...more

Information Sharing Can Help Fortify Your Cybersecurity Strategy

Having strong cybersecurity policies is critical for protecting a company's business, as the amount of commerce conducted over networks and the Internet increases each year. Last month the Congressional Research Service...more

Congress Makes Progress On Legislation To Encourage Cyber Threat Information Sharing

In the past few weeks, Congress has made notable progress towards passage of legislation to address the sharing of cybersecurity threat information. On March 18, the Senate Select Committee on Intelligence approved the...more

New York State Charges Ahead on Critical Infrastructure Cybersecurity Legislation

On Feb. 26, 2015, in an effort to make “New York State’s computer infrastructure the most secure in the nation,” the New York State Senate passed a suite of four cybersecurity-related bills focused on protecting critical...more

President Obama Issues Executive Order on Cybersecurity Information Sharing

On February 13, 2015, President Barack Obama signed an executive order entitled "Promoting Private Sector Cybersecurity Information Sharing" (the "Executive Order") to foster cybersecurity threat information sharing within...more

Reed Smith's Government Contracts Weekly Rundown

In case you spent last week (this morning) dealing with winter weather instead of reading the latest and greatest in the realm on federal contracting, here is a rundown of last week’s top developments related to government...more

Privacy & Cybersecurity Update - February 2015 (Updated)

In This Issue - White House Releases Proposed Privacy Legislation - Lessons from the Anthem Data Breach - SEC and FINRA Release Results of Industrywide Cybersecurity Examination Sweeps - COSO Releases Report on...more

SIFMA Gets Its Cybersecurity-Antitrust Wish

I’m sure you remember SIFMA’s Principles for Effective Cybersecurity Regulatory Guidance, issued last October. I mean, you read about them right here. One of the principles was this: Principle 9: Information Sharing...more

Executive order "promoting private sector cybersecurity information sharing": top points

In conjunction with the recent White House Summit on Cybersecurity and Consumer Protection Summit, President Barack Obama has issued a much-anticipated cybersecurity information sharing Executive Order, "Promoting Private...more

NIST, White House Continue Efforts to Enhance Cybersecurity Awareness and Protections

The National Institute of Standards and Technology (NIST) and the White House continue efforts to improve private sector security and increase sharing of information about potential cybersecurity threats. ...more

GAO Puts Cybersecurity and Privacy High Atop High Risk List

Agency Assessment Comes as President Signs Executive Order Increasing Cyber Sharing with the Private Sector Late last year, this post speculated whether 2015 would become “the Year of Cybersecurity.” Though 2015 is still...more

Pass it On: New Executive Order Pushes Greater Sharing of Cyber-Threat Information

The federal government continues to steadily ratchet up its focus on cybersecurity. On February 13, 2015, President Obama signed an Executive Order to improve real-time sharing of cyber-threat information between government,...more

Cybersecurity Executive Order: Not Much New

President Obama’s February 13 Executive Order, “Promoting Private Sector Cybersecurity Information Sharing” (the “EO”), turns out to be light on new measures to improve cybersecurity, but focused heavily on adjustments to...more

White House Holds Cybersecurity Summit at Stanford University

On Friday, February 13, 2015, President Obama delivered the keynote speech and signed an executive order on cybersecurity information sharing at the White House cybersecurity and privacy summit held at Stanford University. ...more

White House Creates New Federal Agency To Combat Cyber-Threats

The White House, on February 10, 2015, announced the creation of a new federal agency, the Cyber Threat and Intelligence Integration Center (“CTIIC” or the “Center”), to combat cyber-threats by coordinating digital...more

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