The New York Department of Financial Services issued a cybersecurity advisory on November 1, 2024, regarding a growing threat posed by North Korean operatives seeking remote IT roles at U.S. companies. These operatives secure jobs at prominent companies, generate revenue for the regime, and have the potential to expose sensitive corporate data. These highly sophisticated […]
Summary of Changes from DoD CMMC Proposed Rule to Final Rule
On October 11, 2024, the Department of Defense (“DoD”) issued its Final Program Rule for the Cybersecurity Maturity Model Certification (“CMMC”) Program. The Final Rule is a signal to federal contractors to develop compliance programs pertaining to CMMC in advance of the implementation of CMMC (likely next year). The CMMC program is designed to ensure […]
President Biden Signs First National Security Memorandum Focused on AI
On October 24, 2024, President Biden signed the first-ever National Security Memorandum (“NSM”) focused on artificial intelligence (“AI”), pursuant to subsection 4.8 of Executive Order 14110. The NSM provides guidance on developing, employing, and strengthening AI usage within the federal government. The NSM outlines three main objectives which serve as guideposts in directing the U.S. […]
NYDFS Issues Guidance on Artificial Intelligence-related Cybersecurity Risks
On October 16, 2024, the New York Department of Financial Services (“NYDFS”) issued an industry letter covering Cybersecurity Risks Arising from Artificial Intelligence and Strategies to Combat Related Risks (the “Industry Letter”). The Industry Letter contains guidance for entities regulated by NYDFS (“Covered Entities”) in assessing and responding to cybersecurity risks related to the use […]
DOJ Unseals Indictment of Evil Corp Member, While OFAC Announces New Evil Corp Sanctions
On October 1, 2024, the Department of Justice (“DOJ”) unsealed an indictment against Aleksandr Viktorovich Ryzhenkov (Александр Викторович Рыженков), a member of the ransomware group Evil Corp. The indictment charges Ryzhenkov with several violations of the Computer Fraud & Abuse Act, as well as conspiring to commit money laundering, arising from his use of a […]