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Cybersecurity Penalties Reporting Requirements

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 -
K&L Gates LLP

Pay the Price, Now ‘Fess Up’: Reporting Obligations for Ransomware Payments Are Live

K&L Gates LLP on

As of 29 May 2025, the requirement on businesses to report ransomware payments they make has come into effect. What is the Requirement? If a reporting business entity becomes impacted by a cyber security incident and ends up...more

Hogan Lovells

Australia mandates first-of-its-kind reporting of ransomware payments

Hogan Lovells on

Australia has implemented a first-of-its kind requirement for eligible businesses to report ransomware payments. From 30 May 2025, eligible businesses that make a payment in response to a cyber security incident, or become...more

Jackson Lewis P.C.

Oklahoma Expands its Security Breach Notification Law

Jackson Lewis P.C. on

The Oklahoma State Legislature recently enacted Senate Bill 626, amending its Security Breach Notification Act, effective January 1, 2026, to address gaps in the state’s current cybersecurity framework (the “Amendment”). The...more

Blake, Cassels & Graydon LLP

New Information Security Incident Framework for Quebec Financial Institutions

On April 23, 2025, Quebec’s Regulation respecting the management and reporting of information security incidents by certain financial institutions and by credit assessment agents (Regulation) will come into force. Issued by...more

Lippes Mathias LLP

Hospital Administrators – Is Your Hospital Cyber-Secure?

Lippes Mathias LLP on

On October 2, 2024, New York adopted new regulations requiring general hospitals to implement heightened cybersecurity safeguards. General hospitals, as defined in Article 28 of the NY Public Health Law, generally must begin...more

Pillsbury Winthrop Shaw Pittman LLP

Navigating the EU’s “NIS 2” Directive: Key Cybersecurity Compliance Points for Businesses Operating in the EU to Consider

The NIS 2 Directive requires a wide range of in-scope organizations to adopt robust cybersecurity measures and incident response plans....more

Skadden, Arps, Slate, Meagher & Flom LLP

Utah Becomes First State To Enact AI-Centric Consumer Protection Law

On March 13, 2024, Utah enacted the Utah Artificial Intelligence Policy Act (UAIP), which imposes certain disclosure requirements on entities using generative AI tools with their customers, and limits an entity’s ability to...more

Davis Wright Tremaine LLP

Commerce Department Proposes Cybersecurity/AI Reporting and "KYC" Requirements for Certain Cloud Providers

The U.S. Department of Commerce's ("Commerce") Bureau of Industry and Security ("BIS") has issued a proposed rule (the "Proposed Rule") that would impose significant diligence, reporting, and recordkeeping requirements on...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

Pillsbury Winthrop Shaw Pittman LLP

Bipartisan Senators Introduce Cyber Incident Notification Act of 2021

The legislation would require all federal contractors to report potential and actual cybersecurity incidents to the Department of Homeland Security. The Act would impose a 24-hour reporting requirement on federal...more

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