On April 11, 2025, the National Security Division (NSD) of the Department of Justice issued a press release (Press Release) that outlines its approach to implementing and enforcing the DOJ’s recent final rule on “Preventing...more
On February 21, 2025, Bybit, one of the world’s largest cryptocurrency exchanges, suffered a cyberattack resulting in the theft of approximately $1.5 billion in Ethereum tokens. This attack marked a new pinnacle in the...more
3/6/2025
/ Anti-Money Laundering ,
Compliance ,
Cryptocurrency ,
Cybersecurity ,
Data Security ,
Digital Assets ,
Economic Sanctions ,
FinCEN ,
National Security ,
North Korea ,
Office of Foreign Assets Control (OFAC) ,
Privacy Laws ,
Risk Mitigation
Over the past few days, the Department of Justice (DOJ) has issued several significant policy memos that reshape the landscape for corporate legal risk, particularly for multinational corporations engaged in international...more
Under the Securities and Exchange Commission’s (SEC) new Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure rule (cybersecurity rule), public companies subject to the cybersecurity rule must promptly...more
The Department of Homeland Security (DHS) recently announced a new Security Directive requiring companies in the pipeline sector “to better identify, protect against, and respond to” cyber threats. Among other things, the...more
Earlier this month, the New York State Department of Financial Services (NYDFS) announced a settlement and consent order with National Securities Corporation (National Securities) for $3 million in connection with National...more
4/27/2021
/ Compliance ,
Cybersecurity ,
Data Breach ,
Enforcement Actions ,
Financial Institutions ,
Financial Services Industry ,
National Security ,
National Security Review Proceedings ,
New York ,
NYDFS ,
Popular ,
Settlement
On December 13, 2019, the U.S. Department of Justice’s National Security Division (NSD) issued important new policy guidance regarding voluntary disclosures of export control and sanctions laws violations. Among other things,...more
12/16/2019
/ Cooperation ,
Corporate Counsel ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Government Investigations ,
Internal Investigations ,
International Emergency Economic Powers Act (IEEPA) ,
ITAR ,
National Security ,
New Guidance ,
Office of Foreign Assets Control (OFAC) ,
Voluntary Disclosure