Cybersecurity

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

Defense Department Releases Better Buying Power 3.0 Memorandum With New Focus On Cybersecurity

On April 9, the Department of Defense (“DOD”) issued a memorandum containing new directives to guide its procurement of new goods and services. The memorandum, the third in the Pentagon’s Better Buying Power initiative...more

China Appears To Delay Implementation Of New IT Security Measures In Banking Sector In Response To US, Canadian, EU, Japanese...

In response to concerns raised by the governments of the United States, Canada, the European Union and Japan - bilaterally and at the World Trade Organization (WTO) - the Chinese government appears to have placed...more

Argentina Adopts New Data Protection Regulations for the Use of Do Not Call Registry and CCTV

The Argentinian Data Protection Authority (DPA) beefs up penalties to fight robocalls and unconsented-to video surveillance by enacting Do Not Call and CCTV regulations....more

New York State Department of Financial Services Publishes Survey Results on Banking Industry Third-Party Service Providers and...

The New York State Department of Financial Services (NYDFS) recently published the results of its cybersecurity survey of more than 150 regulated small, medium, and large banking organizations. The survey asked for...more

House Passes the National Cybersecurity Protection Advancement Act

Following Wednesday’s approval of the Protecting Cyber Networks Act (H.R.1560) (“PCNA”), the House of Representatives passed the National Cybersecurity Protection Advancement Act (H.R. 1731) (“NCPAA”) on Thursday, a move...more

House passes bipartisan bill with liability protections for sharing cyber threat data

In the wake of huge data breaches in the last year, multiple pieces of legislation have been introduced in the past few months relating to cybersecurity and the sharing of information between public and private entities in...more

Regulators Examining Cybersecurity Policies and Practices for the Insurance Industry

Shortly after the discovery of a cybersecurity breach at the health insurance company Anthem, Inc., the National Association of Insurance Commissioners (NAIC) called for a multi-state examination of Anthem’s cybersecurity...more

Court Says Cyber Forensics Covered by Legal Privilege

The Middle District of Tennessee recently issued a key decision in the ongoing Genesco, Inc. v. Visa U.S.A., Inc. data breach litigation. The court denied discovery requests by Visa for analyses, reports, and communications...more

Virginia first state to create cyber sharing organization

While the federal government grapples with multiple pieces of legislation aimed at sharing information on cyber threats, it is not surprising that states will now get into the fray....more

New Executive Order Allows for Sanctions Related to Cybersecurity

On April 1, 2015, President Obama issued a groundbreaking Executive Order (E.O.) enabling the United States to sanction persons that have (1) participated in malicious cyber-enabled activities constituting a “significant...more

NY Department of Financial Services: Check Your Vendors’ Cybersecurity

According to a recent report released by the New York Department of Financial Services (NYDFS), the financial industry has a long way to go in overseeing the cybersecurity capabilities of outside vendors who carry out...more

Cyber-Attacks, and the Seven Steps to Protect Your Advisory Business Against Them

It sounds futuristic, or like CSI: Cyber, a sci-fi world of white hat/ black hat hackers, and of constant threats to national security and the financial markets caused by the digital world we live in. Based on the latest SEC...more

House Passes New Cybersecurity Legislation Amidst Growing Pressure from Industry

The House of Representatives passed the Protecting Cyber Networks Act (H.R.1560) (“PCNA”) yesterday, amidst growing pressure from industry to enact legislation that would help companies harden key infrastructure and respond...more

FCC Chairman Tom Wheeler Speaks about Cybersecurity at RSA Conference

As cyber week continues in Washington, Federal Communications Commission Chairman Tom Wheeler traveled to the west coast to speak about cybersecurity at the RSA Conference in San Francisco. Wheeler noted that the FCC has...more

The GAO Issued A Report Recommending Improvements For Aircraft Cybersecurity

On April 14, the Government Accountability Office (“GAO”) issued a report highlighting cybersecurity challenges as the Federal Aviation Administration (“FAA”) transitions to the Next Generation Air Transportation System...more

New US sanctions program to combat cybercrimes: 3 action steps for tech companies

The new sanctions in President Barack Obama’s Executive Order 13694 of April 1, 2015, “Blocking the Property of Certain Persons Engaging in Significant Malicious Cyber-Enabled Activities,” target individuals and...more

Polsinelli Podcasts: Cloud Computing, From Cybersecurity to Confidentiality Issues [Video]

Hosting and securing data is a concern for both businesses and consumers. As companies and health systems are quickly adopting the idea of hosting data “in the cloud,” regulatory agencies are crafting laws to protect private...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

Congress To Take Up Major Cybersecurity Legislation During “Cyber Week”

Earlier this month, House Majority Leader Kevin McCarthy (R-CA) released an April agenda in which he designated the upcoming week to passing legislation to secure cyber networks and prevent data breaches. Making good on that...more

Cybersecurity Update: U.S. Sanctions on the Horizon for Malicious Cyber-Attackers

Executive Order 13694 is the Obama Administration’s latest tool to combat cybersecurity threats. On April 1, 2015, President Obama declared a national emergency to address the “increasing prevalence and severity of malicious...more

State AGs' Interest in Privacy and Cybersecurity - No End in Sight

State AGs continue to have a strong interest in privacy, and despite efforts on Capitol Hill to pass national legislation that would, in many instances, preempt state privacy laws (particularly data breach notice laws), there...more

Are Regulatory Fears Impeding Industry Cyber Sharing?

They say that no good deed goes unpunished. And when it comes to cyber sharing, industry leaders are concerned that their only “reward” for helping the government identify and respond to cyberthreats may be a stiff rebuke...more

Federal Regulators Expand Authority Over Data Security Issues: Recent Actions by FCC and FTC Underscore the Importance of...

Highly regulated industries such as banking and healthcare have been at the forefront with robust data security regulations for a number of years. Regulators are now focusing on other industries as data breach incidents...more

NLRB to define an employer’s duty to a labor union following a data breach

In October 2014, the United States Postal Service (USPS) disclosed a cybersecurity data breach affecting approximately 800,000 current and former employees. The USPS later determined that, for some, the breach may have...more

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