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Blackbaud Inc. to Pay $3 Million to SEC for Alleged Misleading Disclosures in 2020 Ransomware Attack

USA - March 23 2023 On March 9, 2023, the Securities and Exchange Commission (“SEC”) announced that Blackbaud Inc. (“Blackbaud”) agreed to pay $3 million to settle…

Rajesh De, Veronica R. Glick, P. Kai Knight, Stephen Lilley, Anna T. Pinedo, Jeffrey P. Taft

European Data Protection Board Issues Opinion on EU-US Data Transfers

European Union, USA - March 9 2023 On February 28, 2023, the European Data Protection Board (“EDPB”) issued its opinion on the draft adequacy decision of the European Commission (the…

Ana Hadnes Bruder, Arsen Kourinian, Dominique Shelton Leipzig, Livia Crepaldi Wolf, Dr. Ulrich Worm, Oliver Yaros

White House Releases National Cybersecurity Strategy

USA - March 6 2023 The Biden administration released its National Cybersecurity Strategy (“Strategy”) on March 2, 2023.1 The Strategy builds on previous policy actions…

Howard W. Waltzman, Marcus A. Christian, Rajesh De, Veronica R. Glick, Sasha Keck, Dominique Shelton Leipzig, Stephen Lilley, Marcia G. Madsen, Lauren N. Williams

NIS2 Directive: New EU Cybersecurity Rules Now In Force

European Union - February 28 2023 The new version of the Network and Information Systems Directive (NIS2 Directive, "NIS2") came into force on January 16, 2023. The new rules are…

Benjamin Beck, Ana Hadnes Bruder, Mark A. Prinsley, Reece Randall, Livia Crepaldi Wolf, Dr. Ulrich Worm, Oliver Yaros

UK cybersecurity and incident response - the outlook for 2023

United Kingdom - February 16 2023 Following on from our alert in relation to technology, data privacy, cybersecurity and IP legal developments to look out for in 2023, this update…

Marcus A. Christian, Findley Penn-Hughes, Mark Stefanini, Oliver Yaros