On July 18, 2023, the Biden-Harris Administration announced its “U.S. Cyber Trust Mark” initiative.1 Under this program, the Federal Communications Commission (FCC) will establish a voluntary certification and labeling program to guide and inform consumers purchasing Internet of Things (IoT) devices such as “smart refrigerators, smart microwaves, smart televisions, smart climate control systems, smart
Internet of Things (IoT)
Data Privacy and Cybersecurity Issues in M&A Transactions
Mayer Brown partners Christian Fabian, Stephen Lilley and Lei Shen, located in the United States, focus on data privacy and cybersecurity issues in M&A transactions.
The Cyber Executive Order: What You Need to Know in 30 Minutes
Issued against the backdrop of recent high-profile cyber incidents, President Biden’s Executive Order on Improving the Nation’s Cybersecurity sets forth ambitious initiatives and aggressive timelines for strengthening the cybersecurity of the federal government and the companies with which it does business. Critically, it also seeks to shape cyber practices across the economy more broadly, including…
ePrivacy Regulation: EU Members Agree on a Position
An overview of the agreed position by EU Members States for revised rules on the privacy and confidentiality of electronic communications.
5 Priorities for Managing Industrial Cyber Legal Risk
Recent events have left no doubt: cyber attacks already present a substantial threat to critical infrastructure and other industrial systems. Companies in the energy, chemicals, transportation, manufacturing, infrastructure or other relevant sectors should understand and be able to respond to these threats. Indeed, numerous reports have described sophisticated nation state actors’ efforts to compromise the…
President Biden Issues Executive Order to Improve Nation’s Cybersecurity
President Biden issued the Executive Order on Improving the Nation’s Cybersecurity (“Cyber EO”) on May 12, 2021. The Cyber EO is ambitious in scope and sets aggressive timelines for its implementation. It seeks to both strengthen the cybersecurity of the federal government and push the private sector to further strengthen its approach to cybersecurity. Indeed,…
UK Government Announces Plans for New Cybersecurity Legislation to Protect Consumer Smart Devices
On 21 April 2021, the UK Government published its response to last year’s call for views on the cybersecurity of consumer smart devices and announced its intention to introduce new legislation to regulate the security of consumer smart devices, including phones, televisions, speakers, toys, wearables, doorbells and other consumer internet of things (IoT) devices.
The…
Managing Vendor Cybersecurity Risk in IoT Contracting
Use of IoT devices continues to grow exponentially as companies leverage the impressive data collection abilities of technology to drive exciting developments. It is estimated that by 2025, there will be over 64 billion IoT devices in use worldwide. Expansion is further fueled by the remote working environment arising out of the COVID-19 pandemic. Necessitated…
Managing Vendor Cybersecurity Risk in IoT Contracting
Use of IoT1 devices continues to grow exponentially as companies leverage the impressive data collection abilities of technology to drive exciting developments.2 It’s estimated that by 2025, there will be over 64 billion IoT devices in use worldwide.3 Expansion is further fueled by the remote working environment arising out of the COVID-19…
US Congress Passes Significant Legislation on the Security of the Internet of Things
The recent enactment of the “Internet of Things Cybersecurity Improvement Act of 2020” (the “Act”) promises new scrutiny of security in the Internet of Things (“IoT”)—the broad array of connected devices that are increasingly integrated into every aspect of modern life. This important legislation provides for the creation of IoT security guidelines for devices sold…