Bitcoin on Nostr: Securing the Cyber Frontier: Enhanced Compliance for Cloud Services The U.S. ...
Securing the Cyber Frontier: Enhanced Compliance for Cloud Services
The U.S. Department of Commerce proposes new regulations for Infrastructure as a Service (IaaS) providers to mitigate malicious cyber activities. The rules require enhanced customer identification programs, empower the Department to restrict service to certain foreign entities, and demand reporting of AI model training that poses security risks. This move aims to curb cyber threats and ensure the responsible development of technology.
- The regulations introduce stringent identity verification akin to banking sector practices, necessitating significant adjustments by IaaS providers.
- Providers may face hefty penalties for non-compliance, emphasizing the critical role of these measures in national security and the broader technology regulatory landscape.
- Public feedback is encouraged until April 29, 2024, highlighting the collaborative approach to refining this pivotal cybersecurity initiative.
https://www.natlawreview.com/article/us-department-commerce-publishes-proposed-rule-imposing-know-your-customer-and
The U.S. Department of Commerce proposes new regulations for Infrastructure as a Service (IaaS) providers to mitigate malicious cyber activities. The rules require enhanced customer identification programs, empower the Department to restrict service to certain foreign entities, and demand reporting of AI model training that poses security risks. This move aims to curb cyber threats and ensure the responsible development of technology.
- The regulations introduce stringent identity verification akin to banking sector practices, necessitating significant adjustments by IaaS providers.
- Providers may face hefty penalties for non-compliance, emphasizing the critical role of these measures in national security and the broader technology regulatory landscape.
- Public feedback is encouraged until April 29, 2024, highlighting the collaborative approach to refining this pivotal cybersecurity initiative.
https://www.natlawreview.com/article/us-department-commerce-publishes-proposed-rule-imposing-know-your-customer-and