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Cyber Incident Reporting

Mayer Brown

New EU Cyber Rules (NIS2) Take Effect; Implementing Rules Adopted

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On 17 October 2024, the European Commission adopted the first Implementing Regulation under the Network and Information Security 2 Directive (EU) 2022/2555 (NIS2), focusing on digital infrastructures and services. The...more

Troutman Pepper

Cyber Incident Response Checklist for SEC Compliance

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By now, public companies are generally aware of the cybersecurity rules adopted by the U.S. Securities and Exchange Commission a year ago, requiring public companies to disclose material cybersecurity incidents under Item...more

DLA Piper

EU: NIS2 Member State Implementation Deadline Has Arrived

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The Network and Information Systems Directive II (“NIS2“), requires that Member States transpose measures into national law by today (17 October 2024). NIS2 is part of the EU’s Cybersecurity Strategy and repeals and replaces...more

Alston & Bird

Green Light for the Enforcement of NIS 2 in Limited EU Countries Only

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EU Member States had until today, October 17, 2024, to transpose the Network and Information Security (NIS) 2 Directive into their national laws. As Directives are not directly applicable in EU Member States, the EU...more

Morrison & Foerster LLP

When Your Life Sciences Are on the Line: Cybersecurity

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Morrison Foerster Investigations + White Collar Defense partner Nate Mendell, former Acting U.S. Attorney for the District of Massachusetts, hosted the fifth episode of When Your Life Sciences Are on the Line, where leading...more

A&O Shearman

Australia’s Cyber Security Legislative Package 2024: Deadline for submissions

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On October 9 2024, the Australian Government introduced into Parliament the Cyber Security Legislative Package to implement several initiatives under the 2023-2030 Australian Cyber Security Strategy, which includes the...more

Health Care Compliance Association (HCCA)

2nd Settlement Triggered by 2017 Ransomware Attack Costs WA Practice $100K; ‘Not a Breach’

Let’s review for a moment. It’s not a HIPAA violation to be a victim of ransomware. It’s not a HIPAA violation to pay a ransom. It’s up to the covered entity (CE) to determine if a security or privacy incident is a...more

Baker Donelson

Data Breaches: The Not-So-Hidden Cost of Doing Business

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In this era of big data, smart devices, and constant connectivity, the clock's already ticking on your next data breach – it's just a matter of time. For companies of all sizes and across every industry, the stakes have never...more

Wyrick Robbins Yates & Ponton LLP

Maybe Not Practical After All: HUD Proposes Revised Cyber Incident Reporting Requirement for FHA-Approved Mortgagees

As we discussed in a recent post, earlier this year the U.S. Department of Housing and Urban Development (“HUD”) issued Mortgagee Letter 2024-10, which imposed a new requirement on all FHA-approved mortgagees to report...more

Carlton Fields

Going Up: SEC Cyber Incident Reporting - Regulation S-P Amendments Take It to Next Level

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On May 16, 2024, the SEC breathed new life into its decades-old Regulation S-P, which requires firms to adopt policies and procedures for the protection of customer information and records. The amended rule balloons the...more

Barnea Jaffa Lande & Co.

Understanding DORA: An Overview of the Digital Operational Resilience Act

The Digital Operational Resilience Act (DORA) is an EU regulatory framework, aimed at enhancing the financial sector’s ability to withstand and recover from ICT (information and communication technology) disruptions....more

McDermott Will & Emery

Special Report: Preparing for CIRCIA’S Reporting Requirements and Avoiding Its Harsh Penalties

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The US Cybersecurity and Infrastructure Security Agency (CISA) recently published a Notice for Proposed Rulemaking intended to supplement the Cybersecurity Incident Reporting for Critical Infrastructure Act (CIRCIA). The...more

A&O Shearman

Hong Kong Government considers changes to proposed critical infrastructure cybersecurity law

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The Security Bureau has completed its one-month consultation on its proposal in relation to the Protection of Critical Infrastructures (Computer Systems) Bill (the "Bill") and released the consultation report in its...more

Davis Wright Tremaine LLP

Broker-Dealer Disciplinary Actions: Takeaways From 2024 (So Far)

The U.S. Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), and the Exchanges were active across a host of regulatory issues impacting fintech companies and broker-dealers during...more

HaystackID

Critical Vulnerability in NVIDIA Toolkit Threatens Cloud AI Environments

HaystackID on

A critical vulnerability, CVE-2024-0132, has surfaced in NVIDIA’s Container Toolkit, placing a substantial portion of cloud environments at risk. Discovered by researchers at Wiz, the flaw affects both the NVIDIA Container...more

Ankura

Navigating the NY DFS Cybersecurity Amendments: A Timeline for 2024 Through 2025

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In December 2023, the New York Department of Financial Services (NY DFS) issued amendments to the cybersecurity requirements, originally adopted in 2017, which include expanded control requirements and stricter reporting...more

Clark Hill PLC

Right To Know - September 2024, Vol. 21

Clark Hill PLC on

Cyber, Privacy, and Technology Report - Welcome to your monthly rundown of all things cyber, privacy, and technology, where we highlight all the happenings you may have missed....more

Foley Hoag LLP - Security, Privacy and the...

The Health Sector Cybersecurity Coordination Center’s September 19 Threat Briefing on Healthcare Technology Security

As healthcare technology continues to evolve, so does the need for robust compliance strategies to safeguard patient information and ensure the integrity of medical devices. In a joint September 19, 2024 presentation, the...more

Cozen O'Connor

PA AG Launches Online Portal for Data Breach Reporting

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Pennsylvania AG Michelle Henry announced the launch of an online portal to report data breaches ahead of the effective date of recent amendments to Pennsylvania’s Breach of Personal Information Notification Act (BPINA)....more

DLA Piper

Australia: Anti-Scam Measures and Ransomware Reporting on the Agenda

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Cyber regulation is changing in Australia. As governments globally grapple with the everchanging and increasingly challenging cyber landscape, Australia is poised to implement new laws and update existing regulation in order...more

Troutman Pepper

SEC Cybersecurity Incidents Disclosures: Materiality, Decryptors, and Ransom Payments - Dear Mary – Incidents + Investigations...

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I work for a public company that recently experienced a ransomware attack. Fortunately, we were able to restore our business operations quickly by obtaining a decryption key from the threat actor. Given that we managed to get...more

Epiq

Cyber Incidents on the Rise: Tips for Effective Data Breach Notification

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Cyber incidents have been growing at an exponential rate in recent years. A recent report from the Identity Theft Resource Center found that there were over one billion data breach victims in Q2 of 2024, which is around five...more

Holland & Knight LLP

The Pentagon's CMMC Program Takes a Big Step Forward

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The U.S. Department of Defense (DOD) issued the proposed Defense Federal Acquisition Regulation Supplement (DFARS) rules that will implement the Cybersecurity Maturity Model Certification (CMMC) program. These rules, which...more

Mayer Brown

Amendment to ANATEL's Cybersecurity Regulations - Incident Notification and Prior Evaluation of Suppliers

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The National Telecommunications Agency (ANATEL) published Resolution No. 767 of August 2024 (the “Resolution”), which amended Resolution No. 740 of 2020, also known as the Cybersecurity Regulation Applied to the...more

Epiq

The Most Effective Ways to Prepare your Organization for a Cyber Incident

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Cyber incidents have surged in recent years, with attacks more than doubling since 2020 and the number of victims totaling in the hundreds of millions in 2023 alone. These incidents can cost organizations millions or even...more

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