Following a series of major ransomware attacks, including against Colonial Pipeline, which provides the East Coast with 45 percent of its gasoline, jet fuel and diesel, President Biden issued a National Security Memorandum (“the Memorandum”) last week intent on improving cybersecurity for critical infrastructure systems. The Memorandum comes in follow up to the Biden Administration’s
Artificial Intelligence Enabled Cybersecurity Systems
The use of artificial intelligence (AI) enabled cybersecurity systems is increasing dramatically. By 2018, sixty-two percent of all companies are projected to use AI technologies.
The use of AI cybersecurity systems provides greater efficiency through automation, the ability to evaluate larger data sets and, in many cases, a faster way to identify the “cyberattack needle
Public-Private Partnerships Could Bolster Healthcare Cybersecurity Efforts
Protecting data in the healthcare industry continues to be an area of focus for regulators and lawmakers. HIPAA Journal noted that in 2016 more HIPAA covered entities reported breaches than in any other year since the U.S. Department of Health and Human Services (“HHS”) Office of Civil Rights started publishing breach summaries on its “Wall
CFTC Approves Proposed Cybersecurity Regulations
Recognizing cyber security as one of the most important issues facing financial markets today, and identifying cyber-attacks as a top threat, the U.S. Commodity Futures Trading Commission (CFTC) unanimously approved proposed enhanced rules on cybersecurity for derivatives clearing house organizations, trading platforms, and swap data repositories.
The proposals, published in separate Federal Register Notices as