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OFAC Issues New Ransomware Guidance And First Sanctions Designation Against Virtual Currency Exchange | Morrison & Foerster LLP

OFAC Issues New Ransomware Guidance And First Sanctions Designation Against Virtual Currency Exchange | Morrison & Foerster LLP
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Data Brokers and National Security

Data Brokers and National Security
Sen. Ron Wyden speaks a town hall in 2017. (Joe Frasier, https://flickr.com/photos/146781514@N05/33115710686; CC BY 2.0, https://creativecommons.org/licenses/by/2.0/deed.en)
In the worlds of data protection and privacy, too often there is a decoupling of national security issues and what might be termed non-national security issues despite the clear interplay between the two realms. Over the past decade, U.S. adversaries have vacuumed up the personal data of many Americans with one nation possibly being at the fore: the People’s Republic of China (PRC). The PRC was connected to the Office of Personnel Management and Equifax hacks, both of which provided massive troves of data the PRC has reportedly used to foil U.S. espionage and intelligence collection efforts abroad. What’s more, the collection of personal data did not stop with these hacks. In September 2020, an Australian security firm turned up evidence of an enormous trove of pe ....

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A National Security Parting Gift to the New Administration: Additional Burdens for IT Supply Chains and Infrastructure as a Service | Wilson Sonsini Goodrich & Rosati

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On January 19, 2021, we saw the publication of both an interim final rule from the Department of Commerce (Commerce) to address the security of the U.S. supply chain for information technology (the Rule)
1 and a new cyber-security executive order (the Order),
2 both issued under the authority of the International Emergency Economic Powers Act (IEEPA). These issuances represent the final regulatory efforts by the outgoing Trump administration to exercise enhanced national security oversight over U.S. information technology (IT) companies interactions with foreign actors.
Both the Rule and the Order grant the U.S. government new oversight powers over private commercial agreements related to IT between U.S. businesses and foreign entities. The Rule, in particular, creates a regulatory regime that permits Commerce to review many U.S. companies commercial agreements with foreign parties from certain nation ....

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A Final Trump EO Would Regulate Cloud, Software and Remote Computing Services | Wiley Rein LLP

On January 19, 2021, President Trump issued an
Executive Order on Taking Additional Steps to Address the National Emergency with Respect to Significant Malicious Cyber-Enabled Activities (EO), designed to regulate United States Infrastructure as a Service (IaaS) products, in order to address concerns about use by foreign malicious actors. This EO was part of a flurry of national security actions by the outgoing Administration related to technology. If implemented, this EO would impose “know your customer” (KYC) type requirements on many technology companies and could expand government’s ability to monitor and track users of various internet and IT services.
Given the EO’s potentially broad impact, industry should monitor the Biden Administration’s treatment of the EO and any rules that the Commerce Department may draft as required under the EO. Notably, on January 20 ....

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Trump amends order to deal with cyber-enabled activities

The outgoing US President Donald Trump on Tuesday amended an executive order to deal with the national emergency related to significant malicious cyber-enabled ....

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