In the July 2024 King’s Speech, the UK government announced its intention to introduce a Cyber Security and Resilience Bill (the “Bill”) to improve the UK’s cyber defenses and protect essential public services. The announcement comes as companies and countries increasingly face attacks by cyber criminals and state actors, sometimes disrupting public services and infrastructure. […]
Cybersecurity
Singapore Cybersecurity Agency Publishes Guidelines on Securing AI Systems
On October 15, 2024, the Cyber Security Agency of Singapore (“CSA”) published Guidelines on Securing AI Systems (the “Guidelines”) alongside a Companion Guide for Securing AI Systems (the “Companion Guide”), which is intended to serve as support for the Guidelines. In its announcement, the CSA states that while artificial intelligence (“AI”) offers significant benefits for […]
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 […]
Green Light for the Enforcement of NIS 2 in Limited EU Countries Only
EU Member States had until today, October 17, 2024, to transpose the Network and Information Security (NIS) 2 Directive into their national laws. As Directives are not directly applicable in EU Member States, the EU legislator required all 27 Member States to incorporate into their local laws the requirements of NIS 2 and to make […]
EDPB Adopts Opinion on the Use of Processors and Sub-processors
On October 7, 2024, the European Data Protection Board (“EDPB”) adopted an opinion on obligations following from the use of processors and sub-processors (the “Opinion”). The EDPB is the body that seeks to ensure harmonised application of the EU GDPR across the European Economic Area (“EEA”) and is comprised of the heads of the data […]