Biden Signs Bill To Create Cybercrime Reporting System

Emily Parkin

Image showing the Colonial Pipeline Houston Station facility in Pasadena, Texas (East of Houston) … [+] taken on May 10, 2021. – US President Joe Biden said that a Russia-based group was behind the ransomware attack that forced the shutdown of the largest oil pipeline in the eastern United States. […]

Biden Cyber Reporting Act Requires Ransomware Notice from Banks

Emily Parkin

Most banks and their service providers are familiar with the final rule governing notice for “notification incidents” and “cyber security incidents.” With compliance due by May 1, 2022, the rule establishes standards and deadlines for service providers to notify banks of such incidents and for banks to notify their primary federal regulator […]

President Biden Signs into Law the Cyber Incident Reporting for Critical Infrastructure Act, Expanding Cyber Reporting Obligations for a Wide Range of Public and Private Entities

Emily Parkin

March 22, 2022 Click for PDF On March 15, 2022, President Joe Biden signed into law the Cyber Incident Reporting for Critical Infrastructure Act, which was included in an omnibus appropriations bill.[1]  Against the backdrop of high-profile cyberattacks on critical infrastructure providers and growing concerns of retaliatory cyberattacks relating to […]