Janet MacKenzie, Anne-Marie Allgrove, Kellie Blyth, Elisabeth Dehareng, Ghada El Ehwany, Brian Hengesbaugh, Theo Ling, Paolo Sbuttoni, and Carlos Vela-Trevino of Baker McKenzie write: The pandemic drove home the high value of personal data to the global economy, while also highlighting its vulnerability to abuse and attack. In response, governments around the world, including those…
Category: Legislation
HIPAA’s Role in Setting Good Security
Matt Fisher writes: The Office for Civil Rights is promoting HIPAA as being able to prevent or substantially mitigate the impacts of a cyber attack. It is a bold statement from OCR and one that bears unpacking. Why is OCR asserting that HIPAA can prevent or substantially mitigate a cyber attack? The primary answer is…
President Biden Signs Critical Infrastructure Ransomware Payment and Cyber Incident Reporting into Law
Ashden Fein, Robert Huffman, Moriah Daugherty, and Hensey A. Fenton III of Covington and Burling write: On March 15, 2022, President Biden signed the Consolidated Appropriations Act 2022, a $1.5 trillion omnibus spending package to fund the government through September 2022. The omnibus spending package includes the Cyber Incident Reporting for Critical Infrastructure Act of…
Hidden privacy lessons in the FTC’s CafePress security enforcement
Cobun Zweifel-Keegan writes: In its most recent cybersecurity enforcement decision, the U.S. Federal Trade Commission announced a draft settlement agreement with the current and former operators of the customized merchandise website CafePress.com. Although the unanimous consent order focuses primarily on the company’s lax security practices, which allegedly led to multiple data breaches, there are also a few…
SEC Proposes Rules on Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure by Public Companies
Washington D.C., March 9, 2022 — The Securities and Exchange Commission today proposed amendments to its rules to enhance and standardize disclosures regarding cybersecurity risk management, strategy, governance, and incident reporting by public companies. “Over the years, our disclosure regime has evolved to reflect evolving risks and investor needs,” said SEC Chair Gary Gensler. “Today,…
U.S. Congress Passes Cyber Incident and Ransom Payment Reporting Requirement
Energy, financial services, food and agriculture, healthcare, information technology, defense industrial base, and other critical infrastructure entities in the United States will face new cyber incident reporting requirements as a result of the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (the Act), enacted by the U.S. Congress on March 10, 2022. Read more…