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Reporting Requirements Cloud Service Providers (CSPs)

Ankura

NIS2: What It Means for Businesses in APAC

Ankura on

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

Skadden, Arps, Slate, Meagher & Flom LLP

Most AI National Security Regs Likely To Remain in Place Under the Next Administration

With the rapid commercialization of artificial intelligence (AI) technology, the Biden administration has been grappling with its implications, including its potential impact on national security. Several departments have...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

Ankura

DOD Issues Memo on FedRAMP Requirements for Defense Contractors

Ankura on

On December 21, 2023, the Department of Defense (DoD) issued a memorandum (Memo) providing guidance and clarification on the security and cyber incident management requirements applicable for the use of external Cloud Service...more

Akin Gump Strauss Hauer & Feld LLP

Commerce Issues Proposed Rule on “Malicious Cyber-Enabled Activities” and Artificial Intelligence

On January 29, 2024, the Department of Commerce’s Bureau of Industry and Security (BIS) issued a proposed rule (the Proposed Rule) that would impose significant know-your-customer (KYC), monitoring and reporting obligations...more

Perkins Coie

Cybersecurity Implementation Plan Offers a Roadmap for Cyber Priorities

Perkins Coie on

The Biden Administration recently reaffirmed its continued focus on cybersecurity by announcing an Implementation Plan for the National Cybersecurity Strategy (the Plan). The Plan provides a roadmap covering the policies and...more

NAVEX

Strengthening American Cybersecurity Act of 2022

NAVEX on

On March 1st, the United States Senate passed a historic cybersecurity bill with bipartisan and unanimous support. This bill impacts operators of federal infrastructure and federal civilian agencies. The Strengthening...more

Morgan Lewis - Tech & Sourcing

ESMA Publishes Guidelines on Outsourcing to Cloud Service Providers

The European Securities and Markets Authority (ESMA) on May 10 published final guidelines on outsourcing to cloud service providers (ESMA Guidelines) to help firms and competent authorities identify, address, and monitor the...more

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