Although the Sarbanes-Oxley Act of 2002 (SOX) has been around for nearly two decades, many companies still struggle to meet compliance requirements. Initially enacted in response to public companies mishandling financial reporting, SOX is a compliance requirement for all public companies. Understanding SOX compliance, as well as its requirements and controls, helps organizations create more robust governance processes.

A bipartisan Senate bill would require some businesses to report data breaches to law enforcement within 24 hours or face financial penalties and the loss of government contracts. The legislation from Senate Intelligence Chair and Democratic Senator Mark Warner with Republican Senators Marco Rubio and Susan Collins is just one of several new cybersecurity bills that will likely be debated this year. If passed, the bill could require certain U.S.

On May 12, 2021, President Biden signed an executive order calling on federal agencies to improve their cybersecurity practices. Following the recent SolarWinds and Colonial Pipeline attacks, it is clear that security incidents can severely impact the economy and civilians' day-to-day lives and that cybersecurity needs to be a high-priority issue. We encourage you to read the full executive order.

The Data Protection Act 2018 is the legislation enforced by the Information Commissioner’s Office (ICO), UK, to protect personal data processing and data stored on the computer, digital media, or paper filing systems.

Coming into force on May 25th, 2018, the General Data Protection Regulation (GDPR) was a landmark for data protection. Trading blocs, governments, and privacy organizations took note, and over the last three years, GDPR has inspired new data privacy legislation worldwide.

In an ambitious leap towards improving the Nation’s security posture, President Joe Biden has instituted an Executive Order to improve cyber threat information sharing between the U.S Government and the Private Sector. The goal is to align cybersecurity initiatives and minimize future threats to national security by modernizing cybersecurity defenses in the United States.

The European Union’s General Data Protection Regulation applies to any organization that operates in the EU or that collects or processes the personal data of EU citizens. So if a business in the United States (or anywhere else in the world, for that matter) does handle such data — yes, the GDPR can apply to you. That said, the exact compliance requirements will vary depending on the size of your company and how you process and store the applicable data.

The data privacy regimes in Russia, China, and the United States are very different from the regimes elsewhere. The financial lure of selling to, or processing data on, EU residents is strong, which has led other countries to adopt the General Data Protection Regulation (GDPR) or something like it. Russia, China, and the United States are large enough for other forces to dominate, including the desire to have their citizens’ data stored locally, as we’ll see.

The responsibility for compliance with GDPR privacy laws, and the consequences of non-compliance can vary greatly from one organization to another. Often it is not clear who is responsible for data protection – whether or not they are a “data controller” or “data processor” – but here are some guidelines in order to help you determine which category your company falls into so as to best take necessary precautions against breaches or other potential illegalities.