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Cybersecurity Gets Hot On The Hill

Client Alert | 1 min read | 04.07.10

On February 25, David Bodenheimer of Crowell & Moring testified at a House Armed Services Subcommittee hearing on private sector views on DoD information technology and cybersecurity initiatives, where he underscored the importance of real public-private partnerships because "the Defense Department and industry will either succeed together -- or fail separately." In his testimony, he also emphasized the private sector's need for (1) liability protection similar to the SAFETY Act coverage for contractors supporting DoD cyber initiatives; (2) effective, two-way information sharing between DoD and the private sector; (3) dispute resolution mechanisms to assure prompt due process before DoD pulls the plug on a contractor's connection to the information network; and (4) clear, firm, and consistent cybersecurity standards so that contractors do not face a kaleidoscope of conflicting requirements.

Insights

Client Alert | 4 min read | 02.19.26

Proposed NY Legislation May Mean Potential Criminal Charges for Unlicensed Crypto Firms

On January 14, 2026, State Senator Zellnor Myrie proposed legislation in the New York State Senate that would amend New York law to make it a criminal offense to operate a virtual currency business in New York without the proper license. By introducing the possibility of criminal penalties, Senate Bill S. 8901, the Cryptocurrency Regulation Yields Protections, Trust, and Oversight Act (CRYPTO Act), would mark a significant regulatory shift in the state’s oversight of virtual currency businesses, given New York’s prominence in virtual currency regulation in the U.S....