News & Analysis as of

Cloud Service Providers (CSPs) Regulatory Requirements

Pillsbury - Global Sourcing Practice

An Update on Cloud Computing in the Financial Sector

In 2023, we summarized the U.S. Department of Treasury report that raised concerns about the growing reliance of financial institutions (FIs) on cloud computing. Treasury highlighted structural imbalances and regulatory blind...more

Skadden, Arps, Slate, Meagher & Flom LLP

Know Your Cloud Customer: Commerce Department Proposes To Regulate Foreign Access to US IaaS Products

On January 29, 2024, the Department of Commerce, Bureau of Industry and Security (BIS) released a proposed rule (Proposed Rule) that would require U.S. cloud services providers (a.k.a. Infrastructure as a Service, or IaaS,...more

BCLP

Joining the Dots - Will the UK’s New Critical Third Party Rules Truly Move the Dial for Financial Institutions?

BCLP on

The announcement in 2021 of the intention to implement new rules directly targeting the types of tech service provider relied on by most financial institutions may be a necessary corrective given the heavy market...more

Ankura

DOD Issues Memo on FedRAMP Requirements for Defense Contractors

Ankura on

On December 21, 2023, the Department of Defense (DoD) issued a memorandum (Memo) providing guidance and clarification on the security and cyber incident management requirements applicable for the use of external Cloud Service...more

Eversheds Sutherland (US) LLP

Updata: Your quarterly data privacy & cybersecurity update - January to March 2022

Welcome to the latest edition of Updata! Updata is an international report produced by Eversheds Sutherland’s dedicated Privacy and Cybersecurity team - it provides you with a compilation of key privacy and cybersecurity...more

Morgan Lewis - Tech & Sourcing

ESMA Publishes Guidelines on Outsourcing to Cloud Service Providers

The European Securities and Markets Authority (ESMA) on May 10 published final guidelines on outsourcing to cloud service providers (ESMA Guidelines) to help firms and competent authorities identify, address, and monitor the...more

Association of Certified E-Discovery...

[Webinar] eDiscovery In an Age Of Emerging Tech: How to Stay Within Regulations Without Sacrificing Efficiency - July 21st, 1:00...

The way we work is shifting rapidly. Teams across the globe are operating remotely, and cloud-based collaboration and communication tools are becoming commonplace. This is posing new challenges for legal teams dealing with...more

Hogan Lovells

New PDPC guidelines on cloud services, data intermediaries, and access requests

Hogan Lovells on

As the issues surrounding data protection become increasingly complex, in recent years the advisory guidelines (Guidelines) issued by the Personal Data Protection Commission of Singapore (PDPC) have been invaluable in guiding...more

Womble Bond Dickinson

NIST Cybersecurity Framework 1.1: A blueprint for compliance and assurance

Womble Bond Dickinson on

In February 2014 the U.S. National Institute of Standards in Technology (‘NIST’) published the ?rst NIST Cybersecurity Framework, responding to an Executive Order on improving critical infrastructure cybersecurity issued by...more

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