BIS Finalizes the Rule Covering Cybersecurity Activities
On October 21, 2021, the Commerce Department’s Bureau of Industry and Security (“BIS”) published a rule that will restrict some exports, reexports, and other overseas transfers of equipment, software, and technology (technical know-how) that can be used for cyberattacks or surveillance. The rule, part of the Export Administration Regulations, has two components: (i) controls on…