Archives: Cybersecurity

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U.S. Treasury Dept. Publishes Risk Assessment Addressing Illicit Finance Risks of DeFi

The Federal Policy team’s Kevin Edgar co-authored an analysis of the U.S. Treasury’s recent report on how bad actors are increasingly exploiting decentralized finance services for criminal activities. Kevin and members of BakerHostetler’s Digital Assets and Data Management Group explain Treasury’s key findings – and why DeFi users should be careful. Read the full alert.… Continue Reading

Senate Bill Would Force Company Cyber Disclosure on SEC Filings

Amid growing alarm on Capitol Hill over cybersecurity and data privacy, new Senate legislation would require publicly traded companies to disclose in Securities and Exchange Commission (SEC) filings whether they have cybersecurity experts on their boards of directors – and if not, explain why. Sen. Jack Reed, D-R.I., said his legislation is meant to encourage … Continue Reading