News & Analysis as of

Critical Infrastructure Sectors Risk Assessment

Mitchell, Williams, Selig, Gates & Woodyard,...

Critical Infrastructure Protection/EPA Urgently Needs a Strategy to Address Cybersecurity Risks to Water/Wastewater Systems: GAO...

Critical Infrastructure Protection/EPA Urgently Needs a Strategy to Address Cybersecurity Risks to Water/Wastewater Systems: GAO Issued Report - The United States Government Accountability Office (“GAO”) released on August...more

Baker Donelson

EU AI Act Tightens Grip on High-Risk AI Systems: Five Critical Questions for U.S. Companies

Baker Donelson on

A new era of AI legislation has begun as the EU AI Act enters into force on August 1, 2024. With broad extraterritorial reach, significant penalties of up to seven percent of worldwide annual turnover, and an emphasis on...more

Benesch

AI in the Supply Chain Under Government Focus

Benesch on

The U.S. Department of Transportation is seeking input from industry stakeholders on the role of artificial intelligence in the supply chain. The DOT’s Advanced Research Projects Agency – Infrastructure is one of many...more

Cozen O'Connor

The EU AI Act: Part Two – High-Risk AI Systems

Cozen O'Connor on

This is part two of our examination of the European Union’s new artificial intelligence law, the (“EU AI Act”). In part one, we introduced the scope of the EU AI Act and discussed what types of AI systems are outright...more

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

McGlinchey Stafford

Cyberattacks Against U.S. Water Supplies on the Rise: EPA Urges Utilities to Fortify Defenses

McGlinchey Stafford on

The increasing threat of cyberattacks against U.S. water supplies has raised significant concerns among federal officials, who emphatically stress the need for utilities to bolster their cybersecurity measures. A recent...more

Alston & Bird

The Digital Download – Alston & Bird’s Privacy & Data Security Newsletter – May 2024

Alston & Bird on

Selected U.S. Privacy and Cyber Updates - CISA Posts Notice of Proposed Rulemaking Under CIRCIA - On March 27, 2024, the Cybersecurity and Infrastructure Security Agency (CISA) published a notice of proposed rulemaking (NPRM)...more

American Conference Institute (ACI)

[Event] 5th Annual European Forum on Global FDI Reviews - June 11th - 12th, Ixelles, Belgium

Hosted by C5 Group, the 5th Annual European Forum on Global FDI Reviews returns for another exciting year with curated programming that provide sessions on the most pressing issues coming across your desk and strategic...more

Benesch

China Officially Promulgates New Cross-Border Data Transfer Requirements

Benesch on

The newly promulgated measures increase the threshold of data triggering security assessments and contract requirements while leaving room for Chinese authorities to heavily restrict cross-border data transfers. In...more

HaystackID

The Critical Role of CFIUS in Safeguarding U.S. National Security: Insights and Implications for Technology and Legal...

HaystackID on

Editor’s Note: The Committee on Foreign Investment in the United States (CFIUS) plays a pivotal role in regulating foreign investments in American companies, particularly those that could impact national security. This...more

A&O Shearman

Draft EU Foreign Investment Screening Regulation sets out more comprehensive screening regime

A&O Shearman on

On 24 January 2024, the European Commission (EC) published its proposed reform of foreign investment screening in the EU. The proposal introduces more comprehensive rules for the review of foreign investments and strengthens...more

Health Care Compliance Association (HCCA)

Privacy Briefs: January 2024

New York has released proposed cybersecurity regulations for hospitals. The regulations, which were published in The State Register on Dec. 6 and will undergo a 60-day public comment period ending on Feb. 5, are designed to...more

Bradley Arant Boult Cummings LLP

Evolution of the Chinese Hacking Threat: Risks for Government and Industry

On May 24, 2023, Microsoft announced the detection of a direct threat to critical infrastructure organizations in Guam and elsewhere in the United States. The alert attributed observed malicious activity to a state-sponsored...more

K&L Gates LLP

President Biden Issues Wide-Ranging Executive Order on Artificial Intelligence

K&L Gates LLP on

On 30 October 2023, President Biden issued a long-awaited executive order (EO) on artificial intelligence (AI). The EO itself is available here, and a one-page fact sheet issued by the White House is available here. The...more

Jones Day

European Commission Signals Increased Scrutiny in Semiconductors, AI, Quantum Technologies, and Biotechnologies

Jones Day on

On October 3, 2023, the European Commission ("Commission") unveiled a list of 10 technology areas qualified as "critical" to the European Union's ("EU") economic security, out of which four (Semiconductors, AI, Quantum...more

Akin Gump Strauss Hauer & Feld LLP

Newsom on GenAI: Executive Order Mandates Ethical Innovation in View of Risk

The development of artificial intelligence (AI) and particularly Generative Artificial Intelligence (GenAI) has exploded in recent years, prompting government officials including the Biden administration to call for studies...more

Vinson & Elkins LLP

Resilience Reimagined: TSA Amends Critical Pipeline Security Directive

Vinson & Elkins LLP on

The Department of Homeland Security’s Transportation Security Administration (“TSA”) has issued an amended directive on pipeline security, SD-Pipeline-2021-02D (the “Directive”). The Directive is based on and supersedes the...more

J.S. Held

What is an Information Security Framework and Why Do I Need One?

J.S. Held on

An information security framework, when done properly, will allow any security leader to more intelligently manage their organization's cyber risk. The framework consists of a number of documents that clearly define the...more

Levenfeld Pearlstein, LLC

Two Fundamental Shifts in the New “National Cybersecurity Strategy”

In March 2023, the Office of the National Cyber Director released the public version of the National Cybersecurity Strategy, which provides strategic guidance for how the U.S. should protect internet users from cyberattacks...more

McDermott Will & Emery

Creating a Cyber Volunteer Force: Strategy and Options

McDermott Will & Emery on

Critical infrastructure and essential services in the United States—especially small or rural service providers—are highly vulnerable to disruptions from cyber attacks. Given the ever-growing need for cybersecurity services...more

Perkins Coie

Sector-Based Cybersecurity Requirements for Critical Infrastructure, From Our Water Systems to the Skies

Perkins Coie on

Following the release of President Biden’s National Cybersecurity Strategy, Acting National Cyber Director Kemba Walden explained that the Biden Administration is “expecting more” from owners and operators in critical...more

Holland & Knight LLP

FERC Approves New Cybersecurity Standards for Low-Impact Electric Assets

Holland & Knight LLP on

At its open monthly meeting on March 16, 2023, the Federal Energy Regulatory Commission (FERC) approved a new cybersecurity standard proposed by the North American Electric Reliability Corporation (NERC) to address the supply...more

Cadwalader, Wickersham & Taft LLP

Central Banks Should Consider Climate and Biodiversity Shocks When Stress Testing Financial Institutions

Sylvie Goulard, Deputy Governor of the Banque de France, the French central bank, stated in a speech on October 24 that central banks need to take more aggressive action regarding nature-related risk. She posited that...more

Polsinelli

Cybersecurity Awareness Means, at a Minimum, Doing the Basics (Again and Again)

Polsinelli on

On September 30, 2022, the White House kicked off Cybersecurity Awareness Month by reminding citizens of the impacts cyberattacks can have on critical infrastructure such as “electric grids and fuel pipelines … and many other...more

Paul Hastings LLP

China Enhances Scrutiny for Cross-Border Data Transfer that would Impact Multinational Companies

Paul Hastings LLP on

1. Introduction- China’s cross-border data transfer rules are unfolding in real time and taking clearer shape. On July 7, 2022, China’s cybersecurity regulatory agency, the Cyberspace Administration of China (“CAC”), issued...more

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