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SEC Revisits Regulation S-P After Twenty Years of Innovation to Information Technology | Proskauer - The Capital Commitment

On March 15, 2023, the U.S. Securities and Exchange Commission (“SEC”) released its proposal to amend Regulation S-P: Privacy of Consumer Financial Information and Safeguarding Customer...
Hesterm Peirce Exchange Act Rel Division Of Enforcement Exchange Commission National Securities Exchanges Exchange Act Release No

S P Regulation SEC Revisits Innovation to Information Technology

SEC proposal to amend Regulation S P Privacy of Consumer Financial Information and Safeguarding Customer Information while simultaneously issuing two additional cybersecurity related rule proposals. SEC implements cybersecurity and privacy standards across regulated entities
Hesterm Peirce Exchange Act Release No Exchange Act Rel Consumer Financial Protection Bureau Regulation Exchange Commission Business Development Companies

Relief Package Includes Less for Cybersecurity

President Joe Biden in the Oval Office (Source: Wikipedia) The $1.9 trillion economic relief package known as the American Rescue Plan, which the House approved Wednesday and President Biden signed Thursday afternoon, includes about $2 billion for cybersecurity and IT modernization, rather than the $10 billion the president originally proposed. The cybersecurity and IT funding includes $650 million allocated to the U.S. Cybersecurity and Infrastructure Security Agency for "cybersecurity risk mi...
United States White House District Of Columbia Phil Reitinger Tom Kellermann Proposedscott Ferguson

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5 Critical Questions Raised by Water Treatment Facility Hack

A satellite view of Oldsmars water reclamation facility (Photo: Google Maps) As the investigation into the hacking of a water treatment facility in Florida continues, cybersecurity experts say the incident points to the urgent need to enhance operational technology security. "The lesson to be learned here is that public sector organizations that provide critical services - which are largely unregulated for security - need some scrutiny on their IT and OT security," says Mike Hamilton, the CISO ...
United States Pinellas County New York Rye Brook Austin Berglas Jake Williams

Biden's $10 Billion Cybersecurity Proposal: Is It Enough?

The Biden administration also proposes spending $1 billion for several other cybersecurity and IT initiatives, including: $200 million for the rapid hiring of security experts to work for the Office of the U.S. Chief Information Security Officer as well as the Digital Service unit in the White House; $300 million to fund additional IT projects within the GSA; $690 million for a CISA project designed to improve monitoring and incident response across federal agencies. The proposed new spending o...
United States The White House District Of Columbia White House Paymentscott Ferguson Tom Kellermann

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