A 2023 Cyber Regulation Look-Back and 2024 Risk-Management Strategies

State and federal regulators continue to adopt new cybersecurity regulations at a breakneck pace. Together with the fragmented sectoral approach and the emergence of AI and digital assets, the proliferation of new laws presents significant challenges, especially for larger organizations that are subject to multiple regulatory regimes. This article examines key aspects of 2023’s cyber regulatory landscape in the U.S., including the SEC’s ambitious rulemaking agenda and new cyber governance mandates. It also includes practical insights – offered during a recent Securities Docket program featuring Justin Herring, a partner at Mayer Brown and former Executive Deputy Superintendent, Cybersecurity Division, of the New York State Department of Financial Services, and Luke Tenery, a partner at StoneTurn – on managing cybersecurity and enforcement risks in the new year. See “Navigating Evolving Data Breach Litigation and Regulatory Risks” (Aug. 2, 2023).

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