The new law, SB 253, aims to bring more transparency and accountability to the public about how big businesses contribute to climate change. It also hopes to encourage companies to reduce their emissions and align with the state’s ambitious climate goals. By 2030, California plans to lower its greenhouse gas emissions by 40% below what they were in 1990.
In 2022, Ofcom, a UK regulator, began its market study into the cloud industry to investigate the dominance that hyperscalers, especially AWS and Microsoft, hold over the industry and the limits this creates for customers. This investigation follows concerns surrounding customers feeling “locked in” to a single provider, potentially leading to inflated prices in the market¹.
In a previous blog post, I discussed the two main areas to audit before the European Union’s updated Network and Information Security Directive (NIS2) becomes ratified law in October 2024. Specifically, these audits would: Identify your gaps with the NIS2 directive’s requirements now. Review your current supply chain security flaws. Now that we’ve discovered these security flaws, we must fix them — before time runs out in October 2024.
You probably heard about the European Union’s updated Network and Information Security Directive (NIS2). This directive will translate into active law in October 2024. You should be ready for it, as there are high fines and sanctions for non-compliance. But you might be tempted to think that October 2024 is far away, right? Think twice. After all, how can you know if you have plenty of time to prepare if you don’t know how well you currently comply with the projected regulations?
This post was co-written by Nazhin Beiramee, Jazmin Childress, Kevin Clark, and Nick Weiss. Advancement in technology, along with the ever changing political landscape (e.g., the Executive Order on Transforming Federal Customer Experience and Service Delivery to Rebuild Trust in Government, as well as billions in funding to support this mandate, and a potential administration change after the 2024 election) uncover new needs, opportunities, and demands for government organizations.
Not to be confused with the popular children’s TV character, DORA is a new EU regulation for the financial sector, which stands for the Digital Operational Resilience Act. DORA became law on 16 January 2023 and will start to apply from 17 January 2025, so it’s crucial that senior executives in the financial sector, such as Chief Risk Officers and Chief Information Security Officers, understand its implications and prepare for compliance from day one.
Meta, the parent company of Facebook, has been fined a record €1.2 billion ($1.3 billion) by the European Union for violating its data privacy laws. The fine was issued by Ireland’s Data Protection Commission, which is Meta’s lead regulator in the EU, and is the largest ever levied under the EU’s General Data Protection Regulation (GDPR), which went into effect in 2018.
