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Cloud Service Providers (CSPs) Cybersecurity European Union

Ankura

NIS2: What It Means for Businesses in APAC

Ankura on

NIS2 (Network and Information Systems Directive 2) is the updated version of the NIS Directive, which the EU first introduced in 2016. The original NIS Directive aimed to enhance cybersecurity across member states by...more

Womble Bond Dickinson

New Cyber Security Rules for US Technology Companies Operating in the EU

Womble Bond Dickinson on

The EU is in the course of passing a range of new cyber security legislation which will apply to US businesses who provide services in the EU. One part of that legislative programme is the new Network and Information Security...more

Hogan Lovells

EUCS: controversial data sovereignty issues continue to drive debate for cloud services

Hogan Lovells on

The European Union Cloud Services Scheme (“EUCS”) is a certification framework for cloud services introduced under the EU Cybersecurity Act. Currently still under consultation, the EUCS, once finalised, will be implemented by...more

HaystackID

[Webcast Transcript] Solve the Digital Puzzle: Your Guide to Navigating Mobile Forensics’ Future

HaystackID on

Editor’s Note: In this insightful discussion between John Wilson, Chief Information Security Officer and President of Forensics at HaystackID, and Rene Novoa, Director of Forensics at HaystackID, we delve into the intricate...more

Skadden, Arps, Slate, Meagher & Flom LLP

Latest Draft of the European Cybersecurity Certification Scheme for Cloud Services – Updates for Non-EU Cloud Service Providers

A recent draft of the EU Agency for Cybersecurity’s (ENISA’s) European Union Cybersecurity Certification Scheme on Cloud Services (EUCS) reveals what requirements are currently being considered (and what requirements have...more

Orrick, Herrington & Sutcliffe LLP

Update: European Subsidiaries of U.S. Cloud Providers Can Offer IT Services in the EU

The decision of the Procurement Chamber of Baden-Württemberg was annulled by the Higher Regional Court of Karlsruhe in its legally binding decision on September 9, 2022. In contrast to the approach chosen by the Procurement...more

Morgan Lewis - Tech & Sourcing

Coalition of European Banks Calls for Model Cloud Services Terms

The European Cloud User Coalition (ECUC) published a paper (the Position Paper) on May 17 recommending, among other matters, the adoption of “model clauses” for the long-term compliant use of cloud technologies....more

Jones Day

Model Terms Demanded for Cloud Service Agreements with European Banks

Jones Day on

An interest group of EU banks that was formed to assist European financial institutions with their use of public cloud technology recently suggested model terms for the compliant use of cloud technology. On May 17, 2021,...more

Morgan Lewis - Tech & Sourcing

ESMA Draft Guidelines on Outsourcing to Cloud Service Providers

The European Securities and Markets Authority (ESMA) published its draft guidelines on outsourcing to cloud service providers on June 3. Steven Maijoor, the chair of ESMA, indicated that the purpose of the guidelines is to...more

Jones Day

Getting Cautious on Cloud Outsourcing: ESMA Consults on Proposed Guidelines

Jones Day on

The Situation: On June 3, 2020, the European Securities Market Authority ("ESMA") published a consultation paper on Outsourcing to Cloud Service Providers ("Proposed Guidelines"), which will apply to any institution under the...more

A&O Shearman

Financial Stability Board Publishes Reports on Implications of BigTech and Cloud Services

A&O Shearman on

The Financial Stability Board has published two reports on: (i) BigTech in finance and (ii) third-party dependencies on cloud services. The reports form part of the FSB’s ongoing work to analyze structural changes within the...more

Latham & Watkins LLP

FSB Concerns Over Cloud Concentration in Financial Services Continues

Latham & Watkins LLP on

The FSB is reviewing cloud provider concentration risk in the latest example of regulator concern over reliance on leading cloud providers by financial services institutions. The Financial Stability Board (FSB), an...more

Bennett Jones LLP

Global Patterns and Risks in Cybersecurity

Bennett Jones LLP on

What are the emerging patterns and risks for cybersecurity in Canada, the United States, European Union and Australia? A global panel shared their views and predictions at last week’s 64th Pacific Rim Advisory Council (PRAC)...more

Akin Gump Strauss Hauer & Feld LLP

Recent Conference Highlights Cyber Risks and How to Protect Against the Same

On February 13-14, 2018, Advisen held a conference focused on exploring cyber risks and how companies can best move to address potential exposures. Below are key takeaways and trends discussed by the panelists....more

Morgan Lewis

Cloud Security Alliance Releases Code of Conduct for GDPR Compliance

Morgan Lewis on

Data owners and processors are working hard to make sure they have compliance programs in place by the time the European Union’s General Data Protection Regulation (GDPR) goes into force on May 25, 2018. To that end, a new...more

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