On January 14, 2025, the United Kingdom government published a consultation on ransomware proposing new measures to increase incident reporting and reduce ransom payments (the “Consultation”). The Consultation outlines three objectives in this regard and is open for responses until April 8, 2025. Proposal 1: Targeted Ban on Ransomware Payments The UK government is proposing […]
Cybersecurity
Last Minute Biden Cybersecurity and Artificial Intelligence Executive Orders Survive Initial Trump Revocations
In the final week of the Biden Administration’s term in office, former President Biden issued two high profile executive orders that could have significant ramifications for the cybersecurity and technology industries. The first, issued on January 14, 2025, is an “Executive Order on Advancing United States Leadership in Artificial Intelligence Infrastructure” (the “AI Infrastructure Order”). […]
UK’s National Cyber Security Centre Releases 2024 Annual Review
The United Kingdom’s National Cyber Security Centre (NCSC) has released its Annual Review for 2024. As in prior years, the report covers the UK’s cyber security position, both in terms of threats to the public and private sectors, as well as the country’s readiness to deal with those threats. Unsurprisingly, the NCSC notes that the […]
Summary of Changes from DoD CMMC Proposed Rule to Final Rule
On October 11, 2024, the Department of Defense (“DoD”) issued its Final Program Rule for the Cybersecurity Maturity Model Certification (“CMMC”) Program. The Final Rule is a signal to federal contractors to develop compliance programs pertaining to CMMC in advance of the implementation of CMMC (likely next year). The CMMC program is designed to ensure […]
SEC 2025 Examination Priorities Indicate Sustained Focus on Cybersecurity & Data Protection
The SEC has released its Examination Priorities: Fiscal Year 2025 (“Examination Priorities”), which may be a useful roadmap to SEC-registered investment advisers, exchanges, and other entities subject to routine examination by the SEC Division of Examinations (“EXAMS”). The Examination Priorities represent the EXAMS Staff’s identification of areas of heightened risks to investors and/or the integrity […]