The White House has introduced the Cyber Trust Mark program, a voluntary labeling initiative to help consumers easily identify secure Internet of Things (IoT) devices....more
The term “smart cities” has become popular parlance for municipalities’ attempts to enhance delivery of urban services and infrastructure through information and communications technology. While they may conjure images of...more
7/24/2024
/ Algorithms ,
Artificial Intelligence ,
Automation Systems ,
Cybersecurity ,
Cybersecurity Information Sharing Act (CISA) ,
Department of Transportation (DOT) ,
Infrastructure ,
Innovative Technology ,
Internet of Things ,
Privacy Concerns ,
Risk Mitigation ,
Surveillance ,
Transportation Industry ,
Urban Planning & Development
Most businesses in the United States will have to file incident reports—including for ransomware payments—under the Proposed Rule.
The Department of Homeland Security has the authority to issue subpoenas and even penalties...more
4/10/2024
/ Covered Entities ,
Critical Infrastructure Sectors ,
Cyber Incident Reporting ,
Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA) ,
Cybersecurity ,
Cybersecurity Information Sharing Act (CISA) ,
Department of Homeland Security (DHS) ,
Enforcement Actions ,
New Rules ,
NPRM ,
Popular ,
Proposed Regulation ,
Ransomware ,
Reporting Requirements ,
Risk Management
The Federal Communications Commission (FCC) has created a baseline for wireless consumer IoT products to protect against cybersecurity threats.
The voluntary program uses criteria established by the National Institute of...more
The proposed rule requires contractors to make annual affirmations regarding their cybersecurity maturity, thus increasing their risk of False Claims Act Liability.
The proposed rule allows for limited use of Plans of...more
1/19/2024
/ Code of Federal Regulations (CFR) ,
Contractors ,
Cybersecurity ,
Cybersecurity Maturity Model Certification (CMMC) ,
Department of Defense (DOD) ,
DFARS ,
False Claims Act (FCA) ,
Federal Acquisition Regulations (FAR) ,
NIST ,
Proposed Rules ,
Security Controls ,
Subcontractors
In recent guidance, the Department of Justice made clear that it will very rarely grant an extension of registrants’ deadline to disclose material cybersecurity incidents under the SEC’s Final Rules.
Under the Securities and...more
1/15/2024
/ Cybersecurity ,
Department of Justice (DOJ) ,
Disclosure Requirements ,
Fraud ,
Internal Controls ,
National Security ,
New Rules ,
Popular ,
Regulation S-K ,
Securities and Exchange Commission (SEC) ,
SolarWinds ,
Vulnerability Assessments
In the United States, the CRI pledge would only limit payments by the federal government, not state and local governments nor private-sector entities.
The International Counter Ransomware Initiative (CRI) convened in...more
n October 30, President Biden issued the long-awaited Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (AI), the first order to navigate AI’s impact across sectors and to...more
11/2/2023
/ Artificial Intelligence ,
Biden Administration ,
Competition ,
Copyright ,
Cybersecurity ,
Data Privacy ,
Data Security ,
Executive Orders ,
FCC ,
Innovative Technology ,
Legislative Agendas ,
Machine Learning ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
Technology Sector
The FCC and House of Representatives have begun discussions on the safety and security of IoT modules from China.
The FCC adopted a Notice of Proposed Rulemaking to create an Internet of Things (IoT) cybersecurity labeling...more
8/28/2023
/ Audits ,
Biden Administration ,
China ,
Cybersecurity ,
Data Collection ,
FCC ,
Internet of Things ,
Labeling ,
National Security ,
Notice of Proposed Rulemaking (NOPR) ,
Security Standards ,
Telecommunications ,
Third-Party
Under the SEC’s rules, public companies that are subject to reporting requirements must promptly disclose material cybersecurity incidents.
The SEC’s Final Rules require public companies to report a material cybersecurity...more
7/31/2023
/ Compliance ,
Cyber Incident Reporting ,
Cybersecurity ,
Disclosure Requirements ,
Final Rules ,
Investors ,
National Security ,
New Rules ,
Public Safety ,
Regulation S-K ,
Reporting Requirements ,
Risk Management ,
Securities and Exchange Commission (SEC)
The Department of Homeland Security amended its regulations due to the urgent need to protect Controlled Unclassified Information.
On June 21, 2023, the Department of Homeland Security (DHS or Department) issued a final...more
7/21/2023
/ Controlled Unclassified Information (CUI) ,
Cyber Attacks ,
Cyber Crimes ,
Cyber Incident Reporting ,
Cyber Threats ,
Cybersecurity ,
Data Privacy ,
Data Protection ,
Data Security ,
Department of Defense (DOD) ,
Department of Homeland Security (DHS) ,
Federal Contractors ,
Policies and Procedures
Although that new smart refrigerator might seem like a fun gadget and great way to sync up grocery lists, smart appliances have the potential to become vectors in malicious power grid attacks. Or what about the increasingly...more
Artificial intelligence wins big in President Biden’s FY 2024 budget request with billions in new funding proposed for AI-related research, hardware, software and services at the departments of Defense, Energy, Homeland...more
5/8/2023
/ Artificial Intelligence ,
Biden Administration ,
Cybersecurity ,
Department of Defense (DOD) ,
Department of Energy (DOE) ,
Department of Health and Human Services (HHS) ,
Department of Homeland Security (DHS) ,
Department of Transportation (DOT) ,
Enforcement ,
Federal Budget ,
Federal Trade Commission (FTC) ,
National Science Foundation ,
Popular ,
Regulatory Oversight
The Strategy’s liability proposal represents a fundamental change in the cybersecurity market for software markers.
Proposed legislation would seek to restrict software providers’ ability to limit liability while also...more
The SEC has nearly doubled the size of its Crypto Assets and Cyber Unit and has aggressively pursued cyber-related enforcement actions against public companies and regulated entities.
In a few months the SEC will finalize...more
2/6/2023
/ Cryptoassets ,
Cybersecurity ,
Disclosure Requirements ,
Enforcement ,
Investigations ,
Investment Adviser ,
Popular ,
Proposed Rules ,
Publicly-Traded Companies ,
Regulation S-K ,
Risk Assessment ,
Securities and Exchange Commission (SEC) ,
SolarWinds
The SAFETY Act, a liability management program managed by the Department of Homeland Security, can be used by businesses to limit or eliminate potential liability associated with ransomware attacks.
To take advantage of...more
The grant program will be authorized and appropriated through the Infrastructure Investment and Jobs Act.
The State and Local Cybersecurity Grant Program will provide a “first-of-its-kind” investment to state, local and...more
Providers of sports betting services must ensure that their cybersecurity protocols and data privacy policies adequately protect their systems and users.
Since the Supreme Court struck down the federal ban on sports gambling...more
5/11/2022
/ Casinos ,
Cyber Attacks ,
Cybersecurity ,
Data Collection ,
Data Privacy ,
Incident Response Plans ,
Murphy v National Collegiate Athletic Association ,
Online Gaming ,
Policies and Procedures ,
Popular ,
Risk Management ,
SCOTUS ,
Sensitive Personal Information ,
Sports Betting ,
Sports Gambling
Under the new law, critical infrastructure owners and operators will be required to report significant cyber incidents to the Department of Homeland Security’s (DHS) Cybersecurity and Infrastructure Security Agency (CISA)...more
3/31/2022
/ Critical Infrastructure Sectors ,
Cyber Incident Reporting ,
Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA) ,
Cybersecurity ,
Department of Homeland Security (DHS) ,
FBI ,
FOIA ,
Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) ,
Penalties ,
Ransomware ,
Reporting Requirements ,
Transportation Security Administration ,
Virtual Currency
The SEC’s recent enforcement actions, public statements and proposed rulemaking indicate that cybersecurity will be an area of heightened focus for the Gensler Commission.
New proposed rules would require public companies...more
3/30/2022
/ Broker-Dealer ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Enforcement Actions ,
Investment Adviser ,
National Security ,
Popular ,
Proposed Rules ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act
The Department of Defense has announced plans to suspend its current CMMC program and replace it with a streamlined process for achieving government contract cybersecurity compliance through “CMMC 2.0.”
The DoD announced...more
DOJ launches new initiative that promises to use the False Claims Act to combat cybersecurity threats by targeting government contractors who knowingly fail to comply with cybersecurity protocols.
The Civil Cyber-Fraud...more
10/26/2021
/ Cybersecurity ,
Cybersecurity Maturity Model Certification (CMMC) ,
Department of Justice (DOJ) ,
Executive Orders ,
False Claims Act (FCA) ,
Federal Contractors ,
Federal Grants ,
Fraud ,
Joe Biden ,
Popular ,
Safeguards Rule ,
Whistleblower Protection Policies
The legislation would require all federal contractors to report potential and actual cybersecurity incidents to the Department of Homeland Security.
The Act would impose a 24-hour reporting requirement on federal...more
7/28/2021
/ Cyber Attacks ,
Cybersecurity ,
Cybersecurity Maturity Model Certification (CMMC) ,
Department of Defense (DOD) ,
Department of Homeland Security (DHS) ,
Federal Contractors ,
FOIA ,
General Services Administration (GSA) ,
Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) ,
Penalties ,
Popular ,
Proposed Legislation ,
Reporting Requirements
Brian Finch recently returned to Joel Simon‘s Industry Insights podcast to discuss the uptick in cyberattacks, data breaches perpetuating insider trading and strategies companies can employ to guard against these problems....more
The President’s new Executive Order on Improving the Nation’s Cybersecurity includes wide-ranging measures intended to strengthen security standards for the federal government and federal government contractors in response to...more
5/20/2021
/ Cybersecurity ,
Cybersecurity Information Sharing Act (CISA) ,
Department of Homeland Security (DHS) ,
DFARS ,
Encryption ,
Executive Orders ,
Federal Acquisition Regulations (FAR) ,
Federal Contractors ,
FedRAMP ,
Joe Biden ,
Multi-Factor Authentication ,
National Security Agency (NSA) ,
NIST ,
OMB ,
Popular ,
Ransomware ,
Software ,
Supply Chain