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White House Releases Recommendations to Protect Against Potential Cyberattacks

March 22, 2022 By Amy Mushahwar and Kristen Bartolotta

The potential for malicious cyber activity has been a concern for the Biden administration throughout the evolving crisis in Ukraine (including the imposition of sanctions against Russia). In response to the concern, the Biden administration, which is now facing “evolving intelligence that Russia may be exploring options for potential cyberattacks,” has released recommendations for companies […]

Filed Under: Cyber Risk, Cybercrime, Cybersecurity, Data Security, Digital Crimes, Ransomware, Russia, Uncategorized Tagged With: cybersecurity, Cybersecurity Executive Order, Data Protection, ransomware, The White House

President Biden Issues Executive Order Directing Coordinated Federal Approach to Digital Assets

March 9, 2022 By Kim Peretti, Kate Hanniford and Kristen Bartolotta

As a result of the rise in digital assets, President Biden signed an Executive Order on March 9, 2022 ordering a review of the nation’s approach to cryptocurrency. The Executive Order on Ensuring Responsible Development of Digital Assets (the “Order”) contains both broad policy objectives and specific analysis to be conducted by the federal government. […]

Filed Under: Crypto, Cybercrime, Digital Crimes, National Security, Russia, Virtual Currency Tagged With: cryptocurrency, cybersecurity, Cybersecurity Executive Order, digital asset, The White House

Senate Passes Significant Cyber Bill Requiring Cyber Incident Reporting

March 3, 2022 By Kim Peretti and Kristen Bartolotta

The Strengthening American Cybersecurity Act of 2022, a bill that narrowly failed to become law last year, was passed in the Senate on Tuesday, March 1 as a package of cybersecurity measures that would require operators of critical infrastructure and federal civilian agencies to report cyber incidents to the Department of Homeland Security’s Cybersecurity and […]

Filed Under: Cybersecurity, Data Breach, Data Protection, Data Security, Legislation, National Security, Ransomware, Regulation Tagged With: cybersecurity, Data Breach Notification, Data Protection, ransomware, Senate, US Congress

Incomplete Cybersecurity Compliance Disclosures May Support Fraud Claim Under the False Claims Act, Federal Court Holds

February 7, 2022 By Kim Peretti, Kellen Dwyer and Jody Hunt

At the heels of a recent Civil Cyber-Fraud Initiative related to cybersecurity practices and the False Claims Act (FCA), a cybersecurity-related FCA case has survived a motion for summary judgment, teeing up a trial to determine if the defendants’ cybersecurity compliance disclosures were materially incomplete and if any misstatements were knowingly made. On February 1, […]

Filed Under: Cybersecurity, Data Protection, Data Security, FCA Tagged With: Compliance, cybersecurity, Data Protection, False Claims Act

SEC Proposed Rule Will Require Private Funds to Report Certain Cyber Events

January 31, 2022 By Kate Hanniford and Alysa Austin

On January 26, 2022, the U.S. Securities and Exchange Commission (SEC) proposed new rules to enhance hedge fund and private fund disclosure requirements and increase regulators’ visibility into the private funds industry. The proposed rules would amend the SEC’s Form PF, the confidential reporting form by which private funds disclose regulatory assets to the SEC, […]

Filed Under: Cyber Risk, Cybersecurity, Enforcement Tagged With: cybersecurity, Notice of Proposed Rulemaking, SEC

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