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Cyber Incident Reporting Cybersecurity European Union

DLA Piper

Will UK Cyber Reforms Keep Step with NIS2?

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Since its announcement during the King’s Speech on 17 July 2024, there has been much anticipation over the contents of the Cyber Security and Resilience Bill (“CS&R Bill“) and in particular the extent to which it will bring...more

BCLP

Cybersecurity Risks for Financial Services Firms: Proactive Strategies to Stay Ahead

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The 2024 CrowdStrike outage and the ransomware attack on NHS partner Synnovis hit mainstream news and highlighted the fragility of ICT supply chains and the risks posed by cyber incidents....more

Ankura

NIS2: What It Means for Businesses in APAC

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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

A&O Shearman

FORMS 10-K AND 20-F - Preparing for your Annual report

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This guide discusses important themes and trends for the coming annual reporting season. It also includes a “housekeeping checklist” designed to assist you as you prepare your annual report. ANNUAL CYBERSECURITY...more

King & Spalding

EU DORA: Are you in scope, and if so, how can you prepare?

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The Digital Operational Resilience Act (DORA) establishes a harmonised and comprehensive framework for information and communication technology (ICT) risk management in the financial sector. It is a directly applicable EU...more

BCLP

What is the Impact of the EU's new Network and Information Systems Directive for Businesses?

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Forming part of the EU’s broader digital and cyber security strategy, the new Network and Information Systems Directive 2022/2555 (NIS2) came into effect on 18 October 2024 (this being the deadline by which the directive is...more

A&O Shearman

Securing our world: how businesses can prepare for and recover from cyber attacks

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As part of our Cybersecurity Awareness Month program of events, we hosted our inaugural Cybersecurity Forum on October 1 at our London office and online. Compèred by Ffion Flockhart, global head of cybersecurity, the day’s...more

NAVEX

DORA: Exploring Finance Compliance Requirements

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Numbers never lie. The second most targeted industry in terms of hacking and breaches is Finance, which was the victim somewhere in the realm of 2,306 to 2,792 cyberattacks in 2023 (depending on the source). With each data...more

Wilson Sonsini Goodrich & Rosati

New EU Cybersecurity Obligations for Connected Devices: What You Need to Know

On October 10, 2024, the European Union officially adopted the Cyber Resilience Act (CRA), which introduces cybersecurity obligations for internet-connected hardware and software products offered in the EU (such as...more

A&O Shearman

Financial Stability Board Letter to G20 Finance Ministers and Central Bank Governors – Cyber and Operational Resilience

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The Financial Stability Board has published a letter sent to G20 finance ministers and central bank governors providing an update on various workstreams, including on cyber and operational resilience...more

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

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

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

Ogletree, Deakins, Nash, Smoak & Stewart,...

The EU’s NIS2 Directive: Covered Entities, Compliance Monitoring, Risk Management, Incident Reporting, and Penalties

In response to the increasing number of cyberattacks and the acceleration of digital transformation across sectors, the European Union has revised and improved its Network and Information Security (NIS) Directive. The...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Informed Board - Winter 2024

The oversight obligations of boards continue to expand. Recent enforcement actions and new laws in areas such as cybersecurity, artificial intelligence and supply chains create new challenges for boards, as we explain in this...more

Venable LLP

Preparing for the EU Cyber Resilience Act

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The European Union (EU) is poised to enact the Cyber Resilience Act (CRA), a comprehensive cybersecurity regulation with major implications for software and connected device manufacturers in the United States and globally....more

BCLP

Pressure-Testing Your Privacy Program for 2024

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With the onslaught of new privacy legislation and cyber threats coupled with upticks in enforcement, running a well-functioning and flexible privacy program is now, more than ever, a critical component of an organization’s...more

Latham & Watkins LLP

Recent Developments for Directors - October 2023 Edition

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SEC Adopts Final Rules on Cybersecurity Disclosures - The SEC has adopted rules requiring companies to provide disclosure within four business days of determining that a material cybersecurity incident has occurred, and...more

Constangy, Brooks, Smith & Prophete, LLP

Legislative Update: Swiss Data Protection Act took effect September 1

The new Swiss Federal Act on Data Protection, known by the acronym “nFADP,” took effect on September 1. The law was enacted by the Swiss parliament in 2020. The law introduces new rights for Swiss citizens, but also...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - July 2023

In this month’s Privacy & Cybersecurity Update, we examine the newly established data privacy framework between the EU and U.S. and new consumer privacy laws in Oregon and Texas. We also review a court ruling that delayed...more

Latham & Watkins LLP

Cybersecurity Incidents: 10 Things a General Counsel Must Know About EU Cyber Incidents

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Cybersecurity incidents pose legal challenges for in-house counsel, alongside their technical implications. This overview highlights key aspects that legal departments must know when reacting to data breaches. ...more

Morrison & Foerster LLP

European Digital Compliance: Key Digital Regulation & Compliance Developments - January 2023

To help organizations stay on top of the main developments in European digital compliance, Morrison Foerster’s European Digital Regulatory Compliance team reports on some of the main topical digital regulatory and compliance...more

BCLP

Cyber laws will be updated to boost UK’s resilience against online attacks

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The UK government confirmed on 30 November 2022 that there will be changes to the UK’s cybersecurity regulations in response to a public consultation launched earlier this year. This follows recent updates relating to the...more

Orrick, Herrington & Sutcliffe LLP

5 Things You Need to Know About NIS 2

On 10 November 2022, the European Parliament approved the Network and Information Security 2 Directive ("NIS 2"), moving a step closer to expanding the scope of the Network and Information Security ("NIS") Directive, the EU's...more

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