Eight years ago, on March 1, 2017, the New York Department of Financial Services enacted its landmark cybersecurity regulation covering financial services companies, 23 NYCRR Part 500, known as “Part 500.” Part 500 was the first state regulation to enumerate, in great detail, the elements of a cybersecurity program that a covered financial service company […]
National Security & Digital Crimes
DeepSeek Grabs Headlines – but Could it Be Unlawful by April? Considerations for Companies from recent US Data Regulations
Late last week, a new generative AI large language model called DeepSeek was publicly launched by two Chinese entities, the Hangzhou and Beijing DeepSeek Artificial Intelligence Cos. Ltd. DeepSeek is currently driving headlines claiming it represents a “Sputnik moment“ in AI development. DeepSeek claims to perform at the same level as US-developed LLMs like […]
The D.C. Circuit’s TikTok Decision Could Portend Greater Regulation of Chinese-Owned Apps
On December 6, 2024, the United States Court of Appeals for the D.C. Circuit upheld the constitutionality of the Protecting Americans from Foreign Adversary Controlled Applications Act (“Act”). The Act, signed into law by President Biden on April 24, 2024, prohibits the “distribution or maintenance” in the U.S. of applications controlled by ByteDance, TikTok’s China-based […]
Congressional Research Service Report Sheds Light on October Telecommunications Attack by PRC-Linked Threat Actor
In early October 2025, several media outlets reported that United States telecommunications services had been infiltrated by state affiliated threat actors linked to the People’s Republic of China (“PRC”). These reports were followed by a joint press release on October 25, 2024 by the Federal Bureau of Investigation (“FBI”) and the Cybersecurity and Infrastructure Security […]
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. […]