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Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk... more +
Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk management, global regulations, data protection, leaks, hacking, cyber insurance, compliance, HIPAA, and every other aspect of cybersecurity of import to corporate readers right now.   less -
K2 Integrity

OFAC Releases Updated Ransomware Advisory and Announces First Designation of Cryptocurrency Exchange

K2 Integrity on

On 21 September 2021, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an updated advisory that highlights the sanctions risks associated with making ransomware payments. OFAC reiterated...more

Lowenstein Sandler LLP

Trade Matters - Lowenstein Sandler's Global Trade & Policy Newsletter - June 2021

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1. Recent Enforcement: Even Companies That Invest in Compliance Pay Penalties- Since our April enforcement roundup, the Office of Foreign Assets Control (OFAC) and the Bureau of Industry and Security (BIS) in the Department...more

Morrison & Foerster LLP

Biden Administration Issues Sweeping New Sanctions On Russia In Response To Election Interference, Malicious Cyber Activity, And...

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On April 15, 2021, following discussions just days earlier of a potential summit between President Biden and Russian President Putin and as Russian troops amassed along the Ukrainian border, the Biden Administration issued...more

Holland & Hart LLP

President Biden Gets Tough on Russia with New Executive Order

Holland & Hart LLP on

President Biden issued yesterday an Executive Order imposing sweeping sanctions on Russia in response to Russia’s cyberespionage campaign against the United States, efforts to influence the 2020 presidential election, its...more

BakerHostetler

Will the Proposed “Countering Russian Hostilities Act” Stop Russian Cyberattacks?

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On Jan. 10, 2017, a bipartisan group of five Republican and five Democratic senators announced their support for the Countering Russian Hostilities Act of 2017. Lindsey Graham, one of the senators who announced the proposed...more

BakerHostetler

White House Imposes Sanctions in Response to Malicious Russian Cyber Activity

BakerHostetler on

On Dec. 29, 2016, in response to the Russian government’s “aggressive harassment of U.S. officials and cyber operations aimed at the U.S. election,” President Obama issued an Executive Order Taking Additional Steps to Address...more

Akin Gump Strauss Hauer & Feld LLP

United States Imposes Cybersecurity Sanctions on Russia

Akin Gump Strauss Hauer & Feld LLP on

Key Points - - This action marks the first time sanctions have been imposed under the Cybersecurity Sanctions Program established on April 1, 2015, with the designation of nine entities and individuals. -...more

King & Spalding

Obama Renews Cyber Sanctions Power

King & Spalding on

On April 1st of last year, President Obama, by Executive Order 13694, declared a national emergency pursuant to the International Emergency Economic Powers Act to “deal with the unusual and extraordinary threat to the...more

King & Spalding

OFAC Codifies Cyber-Related Sanctions Regulations But Questions Remain

King & Spalding on

On December 31, 2015, the Treasury Department’s Office of Foreign Assets Control (OFAC) issued new regulations that codify the U.S. CyberRelated Sanctions program. These regulations (31 C.F.R. Part 578) implement President...more

Carlton Fields

The War Against Cyber Threats: President Obama Ups the Ante

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Focusing on overseas cyber threats, President Obama issued an Executive Order on April 1, 2015, which grants authorization to impose sanctions on individuals and entities engaged "in malicious cyber-enabled activities that...more

Polsinelli

Polsinelli Podcast - An International Trade Issue That May Impact Your Business

Polsinelli on

There is a key new development for US companies and individuals dealing in international markets. The Obama Administration issued a new Executive Order that will subject certain individuals and entities engaging in so-called...more

Pillsbury Winthrop Shaw Pittman LLP

New Executive Order Allows for Sanctions Related to Cybersecurity

Pillsbury Winthrop Shaw Pittman LLP on

On April 1, 2015, President Obama issued a groundbreaking Executive Order (E.O.) enabling the United States to sanction persons that have (1) participated in malicious cyber-enabled activities constituting a “significant...more

Perkins Coie

President Issues Executive Order to Block Assets of Foreign Cyber Attackers

Perkins Coie on

President Obama recently issued Executive Order 13694 (EO 13694 or EO), “Blocking the Property of Certain Persons Engaging in Significant Malicious Cyber-Enabled Activities.” EO 13694 is aimed at deterring cyber attacks,...more

Orrick, Herrington & Sutcliffe LLP

United States Goes on the Offensive Against International Cybercrime - 2015 Cybersecurity Executive Order

Orrick, Herrington & Sutcliffe LLP on

On April 1, President Obama signed an Executive Order to combat the "national emergency" sparked by a rapidly evolving global cybercrime environment. The Executive Order directs the U.S. Treasury Department to impose...more

Skadden, Arps, Slate, Meagher & Flom LLP

"President Obama Announces New Cybersecurity Sanctions Regime"

Skadden, Arps, Slate, Meagher & Flom LLP on

On April 1, 2015, President Barack Obama issued an executive order (the Order) authorizing sanctions against foreign individuals or entities found to be responsible for certain malicious cyberattacks. Under the Order, the...more

King & Spalding

President Obama Signs Executive Order Authorizing Sanctions In Response To Malicious Cyber Activity

King & Spalding on

On April 1, 2015, President Obama signed an executive order authorizing the first sanctions program to combat malicious cyber activity. The order permits the U.S. Department of the Treasury to freeze the assets of...more

Foley Hoag LLP

Now's the Time to Review Your OFAC Compliance Program

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Obama Executive Order Targets International Cyberattacks Against U.S. with New Sanctions - New Sanctions Are Part of U.S. Escalation of Efforts to Bolster Cyber-Security: As part of a series of measures aimed at...more

Dechert LLP

President Obama Issues New Executive Order Authorizing Sanctions Against Cyber Attackers

Dechert LLP on

President Obama issued an Executive Order (the “Order”) on April 1, 2015 that authorizes financial sanctions against certain “persons” (including both individuals and entities) designated by the Treasury Secretary to be...more

Sheppard Mullin Richter & Hampton LLP

U.S. Authorizes Targeted Sanctions Against Overseas Cyber Threats

Sheppard Mullin Richter & Hampton LLP on

Cyber threats are one of the U.S.’s top security threats. In just the past year, there has been a significant increase in the frequency, scale and sophistication of cyber intrusions and attacks – many of them originating...more

Morrison & Foerster LLP

Cyber Sanctions and National Security

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In response to the growing cyber security threats from outside of the United States, the U.S. Government has added an entire new category of sanctioned individuals and organizations to its list of Specially Designated...more

WilmerHale

Executive Order Creates Cybersecurity Sanctions Framework

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On April 1, 2015, President Obama issued an Executive Order authorizing the imposition of sanctions against designated individuals or entities found to be engaged in malicious cyber activity, including various forms of...more

Davis Wright Tremaine LLP

President Obama’s April Fools' Day Order on Cyberterrorism – No Joking About It!

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While it’s not clear whether the President’s release today of an Executive Order, "Blocking the Property of Certain Persons Engaging in Significant Malicious Cyber-Enabled Activities," was purposefully timed to coincide with...more

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