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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter - January 2021 #4 | Troutman Pepper - Vimarsana News

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter - January 2021 #4 | Troutman Pepper

Federal Activities: On January 22, in response to President Biden’s COVID-19 Economic Relief Executive Order, the U.S. Department of the Treasury announced that it would create an online tool to assist households in obtaining stimulus payments. For more information, click On January 20, the Biden administration issued a memorandum to federal agencies and executive departments that places a regulatory freeze on reviewing new or pending rules. One rule recently finalized and currently pending is the Office of the Comptroller of the Currency’s rule on access to banking services provided by...

The IoT Cybersecurity Act of 2020: Implications for Devices - Vimarsana News

The IoT Cybersecurity Act of 2020: Implications for Devices

A universe of devices and technology has fallen into our laps at a speed that organizations struggle to manage effectively. And that boom in devices shows no signs of stopping. In 2019, there were an estimated 9.9 billion Internet of Things (IoT) devices. By 2025, we expect 21.5 billion. As more information about IoT device vulnerabilities is published, the pressure on industry and government authorities to enhance security standards might be reaching a tipping point. Last month’s passage of the IoT Cybersecurity Improvement Act of 2020 means all IoT devices used by government agencies will...

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter - December 2020 #2 | Troutman Pepper - Vimarsana News

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter - December 2020 #2 | Troutman Pepper

Federal Activities: On December 22, the President’s Working Group on Financial Markets released a report on money market funds. In March 2020, short-term funding markets came under sharp stress amid growing economic concerns related to the COVID-19 pandemic and an overall flight to liquidity and quality among investors. For more information, click On December 20, Congress passed a new COVID-19 aid bill that will extend the national moratorium on evictions through January 31, 2021. Located under Section 502, the new bill achieves its goal by extending the order issued by the Centers for D...

The US government just reduced its IoT attack surface; private sector should step up - Vimarsana News

The US government just reduced its IoT attack surface; private sector should step up

The US government just reduced its IoT attack surface; private sector should step up Curtis Simpson, opinion contributor © Getty Images The US government just reduced its IoT attack surface; private sector should step up The president recently signed into law the Internet of Things (IoT) Cybersecurity Improvement Act, which will boost the security of connected devices used in federal agencies by requiring that they meet a baseline of security standards. While the law only applies to IoT devices sold to the federal government, it will influence international standards and ...

Source: msn.com
The US government just reduced its IoT attack surface; private sector should step up - Vimarsana News

The US government just reduced its IoT attack surface; private sector should step up

© Getty Images The president recently signed into law the Internet of Things (IoT) Cybersecurity Improvement Act, which will boost the security of connected devices used in federal agencies by requiring that they meet a baseline of security standards. While the law only applies to IoT devices sold to the federal government, it will influence international standards and ultimately impact devices sold to private industry. Given the tsunami of IoT security issues organizations face, this will be a finger in the proverbial dam until security measures are adopted across industries and geographies...