Proposed Federal Cyber Incident Reporting Rule Adds Hefty Federal Reporting Requirements to Critical Infrastructure Sector and Large Businesses

The federal Cybersecurity and Infrastructure Security Agency (CISA) released a draft of its proposed rule detailing how covered entities operating in critical infrastructure sectors report cyberattacks and ransomware payments to the federal government. The proposed rule states that entities operating in critical infrastructure sectors will be obligated to report “covered cyber incidents” within 72 hours after an entity reasonably believes a cyber incident has occurred and report ransom payments...
By: Woods Rogers Vandeventer Black

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