Companies may want to reexamine their policies related to information-sharing with the government in light of a sweeping new cybersecurity executive order that seeks to leverage operational insights from private entities, Fenwick privacy and cybersecurity lead Michael Sussmann told Law360.
"Increased cooperation can also lead to increased requests — voluntarily or under subpoena, if it's part of criminal investigation,” Sussmann said in a recent article about the executive order, which seeks to go after the networks behind cybercrime. "Sometimes those requests can implicate users or other partner companies.”
Crypto firms, fintechs, and cloud-hosting providers could face increased scrutiny, as the government may push companies for stronger fraud-detection controls, he also noted.
Read the full article at Law360.