What companies need to know about the Obama administration’s cybersecurity order
By Sydney M White, Jim Halpert, Steven R Phillips and Vinny Sanchez
After proponents of cybersecurity legislation were unable to reach consensus on a bill during the 112th Congress, president Barack Obama, on 12 February, issued a cybersecurity executive order (EO) to enhance the security and resilience of the country’s critical infrastructure (CI).
This alert provides a preliminary assessment of the cybersecurity EO and observations that may be helpful in considering how new standards may affect your company.
The EO requires federal agencies to improve two-way information sharing about cyber threats and to work collaboratively with the private sector to develop a cybersecurity framework for the protection of CI from cyber threats. The framework will apply to owners and operators of CI who voluntarily participate and other entities that may voluntarily participate. The EO requires federal agencies to develop incentives for private sector adoption of the cybersecurity framework. Federal agencies with sufficient regulatory authority may impose regulations implementing the framework. Furthermore, even where federal agencies lack the regulatory authority to impose the cybersecurity standards included in the framework, the standards are likely to be influential, in that following the framework as it applies in a company’s sector would provide strong evidence that the company was exercising a duty of care to prevent harm from a cyber attack…
Click on the link below to read the rest of the DLA Piper briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from DLA Piper
News from The Lawyer
Briefings from DLA Piper
The Australian Taxation Office released a draft ruling on the Goods and Services Tax treatment of bitcoin transactions on 20 August 2014.
DLA Piper’s ‘Life sciences: patent extension strategies and antitrust global update’ video covers global antitrust and competition issues including product hopping and reverse payment patents.
Analysis from The Lawyer
Cross-border work and political tensions are dominating this year’s entries for Finance Team of the Year at The Lawyer Awards.
Regulators are ramping up the pressure in the aftermath of recession, leaving firms to compete for compliance and restructuring work