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  • White House Releases Cyber Threat Intelligence Integration Center Fact Sheet

    Privacy, Cyber Risk & Data Security

    On February 25, the White House issued a fact sheet regarding the establishment of the Cyber Threat Intelligence Integration Center (CTIIC), which outlines the purpose, authority, organizational structure, and how the CTIIC will interact with other cybersecurity centers. According to the fact sheet, the CTIIC “will be a national intelligence center focused on “connecting the dots” regarding malicious foreign cyber threats to the nation and cyber incidents affecting U.S. national interests, and on providing all-source analysis of threats to U.S. policymakers.” The CTIIC will provide a “cross-agency view of foreign cyber threats, their severity, and potential attribution” by supporting the operations of other agencies like the National Cybersecurity and Communications Integration Center (NCCIC), the National Cyber Investigative Joint Task Force (NCIJTF), and US Cyber Command.

    Privacy/Cyber Risk & Data Security Obama Cyber Threat Intelligence Integration Center

  • White House Announces Nominations for Treasury, Justice Tax Division

    Consumer Finance

    On February 24, the White House released a number of intended nominations for key Administration posts. Among the anticipated nominations were (i) Amias Gerety as Assistant Secretary for Financial Institutions, Department of the Treasury; and (ii) Cono R. Namorato as Assistant AG for the Tax Division, Department of Justice. Gerety began his career at Treasury in 2009 as Senior Advisor in the Office of Financial Institutions, and since June 2014, has served as Counselor in the Office of Domestic Finance. Namorato, currently in private practice, previously held various positions within the DOJ’s Tax Division and the Department of Treasury including serving as Deputy Assistant Attorney General and Director of the Office of Professional Responsibility for the IRS, respectively.

    Department of Treasury DOJ Obama

  • President Obama Proposes New Data Privacy Legislation

    Privacy, Cyber Risk & Data Security

    On January 12, President Obama announced new privacy initiatives to combat identity theft, enhance consumer security, and improve data privacy online and in the classroom. His main legislative proposals call for (i) a Personal Data Notification & Protection Act, which would specify the obligations that companies have when a consumer’s personal information has been exposed, establish a 30-day notification requirement following a company’s discovery of a data breach, and criminalize illicit overseas trade in identities; (ii) a Consumer Privacy Bill of Rights; and (iii) increased protections for data collected from students.  The President called for Congressional support, saying privacy is not a partisan issue.

    Obama Privacy/Cyber Risk & Data Security

  • President Obama Announces New Cybersecurity Proposals

    Privacy, Cyber Risk & Data Security

    On January 13, President Obama visited the National Cybersecurity and Communications Integration Center to announce a variety of legislative and administrative proposals, many of which were updates to his 2011 Cybersecurity Legislative Proposal, designed to confront cybersecurity threats.  These updated proposals, he stated, would promote better cybersecurity information sharing between the government and the private sector and enhance collaboration and information sharing within the private sector.  To encourage and facilitate such sharing, private companies that share cyber threat information while conforming to privacy protection requirements would receive liability protection.  In addition, the President asked that law enforcement be given better tools and authority to fight cybercrime. These tools would include measures that criminalize the overseas sale of stolen financial information like credit card and bank account numbers, updates to the Racketeering Influenced Corrupt Organizations Act that would apply it to cybercrimes, and reforms to the Computer Fraud and Abuse Act to ensure that insignificant conduct does not fall within the scope of the statute, while making clear that it can be used to prosecute insiders who abuse their ability to access information by using it for their own purposes.  In addition, the President announced a White House Summit on Cybersecurity and Consumer Protection, to be held at Stanford University on February 13, 2015.

    Privacy/Cyber Risk & Data Security Obama

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