On 8 June 2023, the UK Secretary of State for Science, Innovation, and Technology and the US Secretary of Commerce issued a joint Statement confirming that the UK and the USA have committed in principle to establishing a “data bridge”
United States
Privacy law is becoming more technically sophisticated. So should you.
As privacy laws and requirements become more technically sophisticated, businesses may want to consider how they can follow suit.…
US Senate considers mandating 24-hour reporting requirement for ransom payments
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…
US SEC announces three actions charging firms for cybersecurity deficiencies
The SEC announced enforcement actions against three sets of advisers for alleged failures in cybersecurity policies that violate the Safeguards Rule.…
US banking regulators propose a rule for 36-hour notice of breach
On December 18, 2020, the US Department of the Treasury (Office of the Comptroller of the Currency), Federal Reserve and Federal Deposit Insurance Corporation (FDIC) jointly announced a 53-page proposed rule that would require banks to notify their regulators within…