Cybersecurity Dive January 31, 2024
David Jones

Private sector companies and critical infrastructure providers will face unprecedented demands for product security, intelligence sharing and transparency on data security.

The Biden administration — less than a year after launching its national cybersecurity strategy — is moving forward with efforts to protect critical infrastructure, hold manufacturers accountable for product security and compel private sector companies to disclose material events.

Concerns about cyber risk have become one of the most pressing issues facing companies today. The annual Allianz Risk Barometer showed cyber events — including data breaches, ransomware and IT outages — are the top concern for U.S. businesses, replacing business interruption.

Baker McKenzie’s 2024 dispute forecast found cybersecurity and data privacy are the two leading concerns in...

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