A Final Trump EO Would Regulate Cloud, Software and Remote Computing Services
On January 19, 2021, President Trump issued an Executive Order on Taking Additional Steps to Address the National Emergency with Respect to Significant Malicious Cyber-Enabled Activities (EO), designed to regulate United States Infrastructure as a Service (IaaS) products. If implemented, this EO would impose “know your customer” (KYC) type requirements on many technology companies and could expand government’s ability to monitor and track users of various internet and IT services. Given the EO’s potentially broad impact, industry should monitor the Biden Administration’s treatment of the EO and any rules that the Commerce Department may draft as required under the EO. To learn more about this EO and its stated purpose, see our alert here.