A very interesting paper on the resent re-issue of OFAC rules and associated Executive Orders and history of OFAC and cyber, bringing up to date the September 2022 rewrite by the Department of Treasury (DoT). Adhering to OFAC regulations is…
Thanks for posting Ted Dziekanowski The DoJ is moving ahead with its program requiring CEOs and Compliance Officers to attest the effectiveness of their corporate compliance. Applying it earlier this year in the Glencore resolution. With the amount of cybersecurity…
Thank you for sharing Ted Dziekanowski. The reference to all Criminal Division corporate resolutions (including guilty pleas, deferred prosecution agreements, and non-prosecution agreements) requiring the CEO and Chief Compliance Officer to certify that an organisation compliance program is reasonably designed,…
The enclosed is an interesting read focusing on the changing job market in the U.S for lawyers. Specifically the role of lawyers in ‘Cybersecurity transformation’, with the Chief Legal Officer (CLO) and their teams becoming more involved in cyber. 77%…
The SEC Whistleblower program has incentivized public and private sector employees to speak out about failures of companies to comply with U.S regulations. The SEC announced amended the rules to allow the Commission to pay whistleblower awards for certain actions…
Is more crypto enforcement by the SEC and DoJ on the way. #crypto #enforcement #doj #securitiesandexchangecommission View Original Post
Thanks for sharing Ted Dziekanowski. As law firms develop new service propositions for cyber legal, ensuring their own cybersecurity is upto scratch will be key to protecting their brands. View Original Post
The whistleblower in the Aerojet Rocketdyne case received 29% of the settled penalties. In a what is seen as a test case for the DoJ and its Civil Cyber Fraud initiative. Ted Dziekanowski #cybersecurity #cyberriskmanagement #departmentofjustice #cyberlegal #theaugustagroup View Original…
The UK Information Commissionaire Office (ICO) and National Cybersecurity Center (NCSC) have issued a joint statement and advice to the UK Law society with about on paying ransomware. Lawyers should not advise clients to pay ransomware demands should they fall…
An issue for Crypto in Europe. Anti Money Laundering and terrorist financing legislation was highlighted as an issue back in 2020 (). Regulated for under European AML/ CFT rules that was meant to bring crypto under its remit. The move…
