In a recent Bloomberg Law article, Justine Phillips, partner in Baker McKenzie’s Data & Cybersecurity practice, discussed the legal implications of the ongoing U.S. government shutdown and its impact on cybersecurity coordination.
Justine emphasizes the chilling effect on information sharing caused by the expiration of the Cybersecurity Information Sharing Act of 2015, which had previously provided liability protections for companies sharing threat intelligence with federal agencies and industry peers. As companies reassess their cybersecurity strategies, Justine highlights a shift in mitigating legal risk related to information sharing: reviewing the scope of previously shared intelligence, updating playbooks, and drafting new agreements to govern secure and compliant information exchange. Her comments underscore the critical role legal counsel plays in navigating cybersecurity risk during periods of regulatory uncertainty.
Read the full article here:
Shutdown Exposes Companies to Heightened Cybersecurity Risks