On February 9, 2022, the U.S. Securities and Exchange Commission (“SEC”) released a proposal aimed at enhancing cybersecurity risk management programs, including cybersecurity preparedness and response, for registered investment advisers (“advisers”), investment companies and business development companies (“funds”). Overall, the

Kate Nelson (US)
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US Senate considers mandating 24-hour reporting requirement for ransom payments
By David Kitchen (US) & Kate Nelson (US) on
On September 28, 2021, the US Senate Homeland Security and Governmental Affairs Committee released a draft bill that would, among other things, require nearly all entities that make a ransom payment as the result of a ransomware attack against the…