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Lexology PRO | Asia-Pacific, China | 21 Jul 2022

China issues second-highest global privacy fine

The Cyberspace Administration of China has slapped ride-sharing operator Didi with a 8 billion yuan (€1.12 billion) fine for illegally collecting personal information and undertaking data practices that threatened the country’s national security.
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Gowling WLG | Canada | 20 Jun 2022

Bill C-26: Canada's new critical infrastructure cyber security law

June 14, 2022 marked a watershed moment in Canadian data protection history: the first reading of a federal cyber security law of general application…
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Lexology PRO | China, United Kingdom, USA | 22 Apr 2022

US lawmakers urge Biden to intervene on sale of key UK chipmaker

A group of nine Republican lawmakers have urged the Biden administration “to employ all tools necessary to prevent” the sale of the UK’s largest semiconductor manufacturer to a company “with deep ties” to China.
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Hogan Lovells | Australia | 11 Apr 2022

Security of critical infrastructure regulation expands: corporate considerations in Australia

The second round of amendments to the Security of Critical Infrastructure Act 2018 (Cth) (SoCI Act) has now come into effect, with the Security…
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Herbert Smith Freehills LLP | USA | 25 Mar 2022

US Congress enacts significant new law mandating cyber incident and ransomware reporting on businesses

We previously discussed the increasing focus of the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury on ransomware in our…
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Jones Day | USA | 21 Mar 2022

President Biden Signs Cyber Incident Reporting for Critical Infrastructure Act

New Act will require critical infrastructure sector entities to report cyber incidents within 72 hours and report notice of ransom payments within 24…
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Kramer Levin Naftalis & Frankel LLP | USA | 17 Mar 2022

2022 Omnibus Spending Package Includes New Cybersecurity Incident Reporting Requirements for Critical Infrastructure Companies: How the Law May Affect Your Company

On March 15, 2022, President Joe Biden signed the Cyber Incident Reporting for Critical Infrastructure Act (the Act) into law as part of the $1.5…
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Womble Bond Dickinson (US) LLP | USA | 15 Mar 2022

Legislation Requiring Reporting of Certain Cyber Incidents Enacted

President Biden has signed into law the Consolidated Appropriations Act of 2022 (2022 CAA), which includes the Cyber Incident Reporting for Critical…
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Morgan, Lewis & Bockius LLP | Germany | 1 Feb 2022

FDI Screening Alert: Germany Broadens Definition of ‘Critical Infrastructures’

The second amendment of the Ordinance on the Designation of Critical Infrastructures under the BSI Act entered into effect on January 1, 2022. Such…
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Lenz & Staehelin | Switzerland | 10 Jan 2022

Investment control for strategic energy infrastructure in Switzerland

The Commission for the Environment, Spatial Planning and Energy of the Swiss National Council recently opened consultation proceedings on a proposed amendment to the Federal Law on the Acquisition of Real Estate in Switzerland by Non-Residents. According to this proposed amendment, strategic energy infrastructures should be protected against acquisitions by non-Swiss persons or entities.
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