On December 8, 2022, the Division of Corporation Finance within the Securities and Exchange Commission (“SEC”) published guidance on disclosure obligations related to recent disruptions in the crypto asset market. The Sample Letter to Companies Regarding Recent Developments in Crypto Asset Markets aims to improve compliance with disclosure obligations under SEC regulations.
Federal law requires
In November 2021, non‑state issued digital assets reached a combined market capitalization of $3 trillion, up from approximately $14 billion in early November 2016. Several global monetary authorities are exploring, and in some cases introducing, central bank digital currencies (CBDCs). On March 9, 2022, President Biden issued an executive order to mandate multiple reports and
On December 20, 2021, The National Institute of Standards and Technology (NIST) released its draft interagency report 8403 on “Blockchain for Access Control Systems”. As the report’s abstract states:
“Protecting system resources against unauthorized access is the primary objective of an access control system. As information systems rapidly evolve, the need for advanced access control
On October 22, 2020, the National Institute of Standards and Technology (“NIST”) published NIST Technical Note (TN) 2111, “An Empirical Study on Flow-based Botnet Attacks Prediction”. The note, authored by Mitsuhiro Hatada and Matthew Scholl of NIST’s Information Technology Laboratory, presents a method to predict botnet attacks, such as mass spam email and distributed denial-of-service
On August 19, 2020, the California State Assembly on Appropriations ordered to a second reading Assembly Bill (“AB”) 1281, which would extend the exemption of the California Consumer Privacy Act (“CCPA”) in relation to employee information and business-to-business (“B2B”) transactions until January 1, 2022. Specifically, AB 1281 would exempt information collected about a natural person
Yesterday (May 20, 2020), Apple and Google launched software that will allow public health authorities to create mobile applications that notify people when they may have come in contact with people who have confirmed cases of COVID-19, while purportedly preserving privacy around identifying information and location data. People who have updated
With the May 25, 2018 deadline quickly approaching, many businesses are scrambling to prepare for compliance with the EU’s General Data Protection Regulation (GDPR), and questions and conversations are heating up. Still others are still trying to wrap their arms around what GDPR is and what it means for U.S. businesses. For those of you
On August 1, 2017, the Senate introduced the “Internet of Things (IoT) Cybersecurity Improvement Act of 2017”, which aims to bolster the security of government-acquired IoT devices. Sponsored by Sens. Mark Warner (D-VA), Cory Gardner (R-CO), Ron Wyden (D-OR), and Steve Daines (R-MT), the bill would require connected devices purchased by the government agencies to
Today, Vizio, Inc., agreed to pay $2.2 million to settle charges by the FTC and the New Jersey Attorney General that it installed software on its Smart TGVS to collect viewing data on 11 million consumer televisions without the consumers’ knowledge or consent. The $2.2 million payment includes a $1.5 million payment to the FTC,
