News & Analysis as of

IaaS

BakerHostetler

FedRAMP Rewritten: OMB Publishes Guidance with FedRAMP’s Updated Vision, Scope and Governance Structure

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To dramatically scale up the Modernizing the Federal Risk and Authorization Management Program (FedRAMP) marketplace, the Office of Management and Budget (OMB) has completely rewritten FedRAMP’s vision, scope and governance...more

Pillsbury - Global Sourcing Practice

Why Are Cloud Transformations Challenging?

More than two decades in, cloud computing is no longer a technology that requires a herald or proselytizer. What began with government agencies and then financial institutions seeking expanded storage solutions and an...more

Fenwick & West LLP

Latest Updates in Trade Controls for the Tech Sector

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Melissa Duffy and Trevor Coval contributed their thought leadership to the American Conference Institute’s 14th Annual Global Encryption, Cloud & Cyber Export Controls Conference, held in San Francisco on May 14-16. Melissa...more

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

Deadline to Comment on Proposed Rules Impacting Infrastructure as a Service Providers Approaching

On January 29, 2024, BIS proposed a rule that would impose new requirements for U.S. providers of Infrastructure as a Service (“IaaS”) products and their foreign resellers. The proposed rule would require U.S. IaaS providers...more

Ankura

U.S. Department of Commerce Issues Proposed Rule Impacting AI and U.S. IaaS Providers to Counter Foreign Malicious Actors

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On January 29, 2024, the Bureau of Industry and Security (BIS) at the U.S. Department of Commerce issued a new proposed regulatory rule (the “Proposed Rule”), which will impose significant diligence, monitoring, and reporting...more

Hogan Lovells

EU Data Act Series (part 7): Easy switching between data processing services (SaaS, IaaS, PaaS…)

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The Data Act aims, amongst its main objectives, to enable customers of data processing services to switch between providers offering equivalent services, as well as to make use of multiple services from different providers...more

Cozen O'Connor

U.S. Department of Commerce Proposes a New KYC Rule Applicable to U.S. IaaS Providers

Cozen O'Connor on

On January 29, 2024, the U.S. Department of Commerce’s (Department) Bureau of Industry and Security issued a notice of proposed rulemaking (Proposed Rule) that proposes a new Customer Identification Program (CIP) and other...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

Skadden, Arps, Slate, Meagher & Flom LLP

Know Your Cloud Customer: Commerce Department Proposes To Regulate Foreign Access to US IaaS Products

On January 29, 2024, the Department of Commerce, Bureau of Industry and Security (BIS) released a proposed rule (Proposed Rule) that would require U.S. cloud services providers (a.k.a. Infrastructure as a Service, or IaaS,...more

Lowenstein Sandler LLP

Trade Matters - Lowenstein Sandler's Global Trade & National Security Newsletter - February 14, 2024

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Teradyne, a Massachusetts-based supplier of semiconductor testing equipment, has reportedly pulled $1 billion of manufacturing equipment out of China in 2023 following export controls on advanced computing materials and...more

Mayer Brown

Department of Commerce Seeks Comment on Proposed CIP Requirement and Foreign Access Restrictions for US Infrastructure as a...

Mayer Brown on

On January 29, 2024, the US Department of Commerce’s Bureau of Industry and Security (the “Department”) issued a notice of proposed rulemaking seeking comment on a proposed regulation in response to the Executive Order (E.O.)...more

Morrison & Foerster LLP

BIS Proposes Rule to Address Challenges of Artificial Intelligence and Malicious Cyber-Enabled Activities

On January 29, 2024, the Department of Commerce’s Bureau of Industry and Security (BIS) issued a proposed rule to prevent foreign actors from using U.S. cloud computing services for malicious cyber activities. The proposal...more

Kelley Drye & Warren LLP

Ad Law News and Views February 9

February is a busy month for holidays and events! We have Valentine’s Day, President’s Day, and of course, this weekend’s Super Bowl. Who will take home the Lombardi Trophy this year? We polled some of our Ad Law attorneys...more

Kelley Drye & Warren LLP

Commerce Proposes KYC and Other Cybersecurity Requirements on Cloud Services and AI Training

On January 29, 2024, the Commerce Department’s Bureau of Industry and Security (BIS) published a notice of proposed rulemaking (NPRM) introducing a Customer Identification Program (CIP) and other requirements applicable to...more

Mintz - Antitrust Viewpoints

Biden’s AI Executive Order Achieves First Major Milestones (AI EO January Update) — AI: The Washington Report

On January 29, 2024, the White House published a fact sheet detailing the actions that have been taken pursuant to President Joe Biden’s October 30, 2023 executive order on “Safe, Secure, and Trustworthy Development and Use...more

Blank Rome LLP

U.S. Department of Commerce Publishes Proposed Rule Imposing “Know Your Customer” and Reporting Requirements on U.S....

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The U.S. Department of Commerce (“Commerce”), Bureau of Industry and Security (“BIS”) recently issued a proposed rule aimed at preventing foreign actors from utilizing U.S. Infrastructure as a Service (“IaaS”) products (i.e.,...more

Fenwick & West LLP

Commerce Department Proposes Sweeping Know Your Customer & Other Requirements for IaaS Providers

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The United States Department of Commerce (Commerce) issued a notice of proposed rulemaking (NPRM) seeking comments on new proposed regulations that would, if enacted, impose extensive Know Your Customer (KYC) and Customer...more

Cozen O'Connor

President Biden Signs Executive Order on Artificial Intelligence

Cozen O'Connor on

On October 30, 2023, President Biden signed an Executive Order (EO) on Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence. The Biden-Harris Administration’s sweeping artificial intelligence (AI)...more

Morrison & Foerster LLP - Government...

National Security And Government Contractor Implications Of Biden AI Executive Order

The Biden administration issued a widely anticipated executive order on artificial intelligence (“AI”) earlier this week. The Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence...more

Kilpatrick

10 Key Takeaways - Negotiating Data-Related Issues in SaaS PaaS and IaaS Cloud Contracts

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Kilpatrick Townsend attorneys Sonia Baldia and Jeff Connell recently presented at the “Association of Corporate Counsel Dallas-Fort Worth: 2023 Annual In-House Symposium” in Frisco, Texas. As businesses continue to accelerate...more

Wiley Rein LLP

White House Pivots on Cyber: Voluntary Compliance Carrots Are Being Replaced By Big Regulatory Sticks

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The White House released the long-anticipated National Cybersecurity Strategy on March 2, 2023 setting out five (5) pillars articulating key themes and Administration priorities. Coming more than two years into the Biden...more

Society of Corporate Compliance and Ethics...

CEP Magazine - December 2022. Beginner's guide to SOC 2, Part 1

CEP Magazine - December 2022 - The reason we have auditors today is simply because people do not trust one another. Let’s say financial statements reveal $1 million in net profit. If you are a shareholder, do you believe...more

Kilpatrick

8 Key Takeaways for In-House Counsel When Negotiating Data-Related Issues in SaaS, PaaS and IaaS

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Kilpatrick Townsend attorneys Sonia Baldia and Jeff Connell recently presented at the “Association of Corporate Counsel National Capital Region Fall Conference: Advanced Topics for In-House Counsel” in Vienna, Virginia. As...more

CloudNine

9 Reasons Why Businesses are Switching to the Cloud (as told by a business consultant)

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...Many businesses are switching to the cloud for their day-to-day operations, and you should too. Today’s business climate keeps changing. You should be able to access data on your phone, tablet, or computer, whether in the...more

Jones Day

Department of Commerce Seeks Comment on Regulation of IaaS Providers

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Regulations will mandate more robust customer identity verification procedures and special measures to combat malicious cyber activities. On September 24, 2021, the Department of Commerce ("Commerce") published an Advance...more

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