News & Analysis as of

Critical Infrastructure Sectors Penalties

Akin Gump Strauss Hauer & Feld LLP

EU Ratifies Pioneering Artificial Intelligence Legislation

On May 21, 2024, the European Union finalized the adoption of the groundbreaking EU Artificial Intelligence Act, a comprehensive and sector-agnostic legislation that extends globally. This 420-page Act aims to regulate the...more

Pillsbury Winthrop Shaw Pittman LLP

Bipartisan Cyber Incident Reporting for Critical Infrastructure Act of 2022 Signed into Law

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

Latham & Watkins LLP

China Issues New Regulations to Protect the Critical Information Infrastructure

Latham & Watkins LLP on

The regulations aim to protect the security of the CII and impose more compliance obligations in support of the Network Security Law. Key Points: The regulations are designed to provide clarification and guidance on: ...more

Hogan Lovells

Foreign investment in Australia’s energy and resources sector

Hogan Lovells on

Introduction - This guide is intended to supplement our popular Foreign Investment in Australia guide and has been drafted with the intention of providing an overview of the specific considerations a foreign person who is...more

White & Case LLP

CFIUS Finalizes New FIRRMA Regulations

White & Case LLP on

Nearly a year and a half after the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA) was enacted, authorizing the most substantial overhaul of the Committee on Foreign Investment in the United States (CFIUS)...more

Sheppard Mullin Richter & Hampton LLP

Where’d You Get Your Tech? New Rules May Allow the U.S. Government to Unwind Your Latest IT Purchase

On November 26, 2019, the U.S. Department of Commerce issued a proposed rule that could change how you procure IT goods and services. The rule would allow the Commerce Department to review your company’s purchase of...more

White & Case LLP

Foreign Investments in France: new legislation expands and strengthens the national security review mechanism (Updated)

White & Case LLP on

New legislation broadens the scope of foreign investments control review in France and reinforces the sanctions in case of infringement. As a next step, French authorities are likely to adopt new regulations by the end of...more

White & Case LLP

Germany's Draft Bill on IT Security 2.0 – Extended BSI Authorities, Stricter Penalties and New Obligations on Providers

White & Case LLP on

On March 27, 2019, the German Federal Ministry of the Interior (GMI) proposed a new bill (the "Draft Bill") for a so-called IT Security Act 2.0 (IT-SiG 2.0). In an effort to take a front-runner role in Europe, Germany has...more

Akin Gump Strauss Hauer & Feld LLP

The Export Control Reform Act and Possible New Controls on Emerging and Foundational Technologies

• ECRA became law on August 13, 2018. It is the permanent statutory authority for the EAR, which is administered by the U.S. Department of Commerce’s BIS. The new law codifies long-standing BIS policies and does not require...more

Morgan Lewis

Data Exposure by Vendor Leads to $2.7 Million NERC Penalty for Utility

Morgan Lewis on

A seven-figure penalty reported by the North American Electric Reliability Corporation demonstrates the potentially severe consequences for electric utilities related to improper data handling practices and underscores the...more

Patterson Belknap Webb & Tyler LLP

China’s Controversial New Cybersecurity Law

Earlier today, the Chinese government in Beijing approved a sweeping new cybersecurity law aimed at centralizing control over computer networks operating within China’s borders. The new law is broadly drafted and...more

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