Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home News

US IaaS Faces Customer Verification

January 31, 2024
Reading Time: 4 mins read
in News

The U.S. Department of Commerce is pushing forward with regulations requiring Infrastructure-as-a-Service (IaaS) providers to implement a “know your customer” program, aiming to deter malicious foreign use of U.S. IaaS services.

The proposal, originating from an executive order signed by then-President Donald Trump, faced objections from cloud providers expressing concerns about increased burdens.

The proposed regulation involves new data retention and record-keeping requirements, potentially costing up to $170 million annually for affected IaaS providers. Additionally, the regulation seeks to compel providers to notify the government of transactions enabling a foreign entity to train large AI models with potential malicious applications.

Despite objections, the Commerce Department is committed to moving forward, acknowledging the compliance costs for IaaS providers. IBM, a leading IaaS provider, supports the proposed rule’s intentions to prevent misuse of domestic cloud and AI infrastructure but emphasizes the need for greater industry engagement to avoid unintended consequences.

Mason Molesky, a cybersecurity and cloud policy executive at IBM, highlights the importance of addressing data privacy concerns for international clients. The public has until April 29 to submit comments on the proposed regulations, which cover 1,837 IaaS providers and resellers.

Reference:
  • US IaaS Providers Face ‘Know Your Customer’ Regulation
Tags: Cyber NewsCyber News 2024CybercriminalCybersecurityIaaSJanuary 2024PhishingRansomware
ADVERTISEMENT

Related Posts

UK Government Shifts to Passkey Security

Google Deploys AI to Combat Scams on Chrome

May 9, 2025
UK Government Shifts to Passkey Security

The Nmap Project released Nmap 7.96

May 9, 2025
UK Government Shifts to Passkey Security

UK Government Shifts to Passkey Security

May 9, 2025
Kirsten Davies Nominated as Pentagon CIO

Kirsten Davies Nominated as Pentagon CIO

May 8, 2025
China’s Cyber Power Raises UK Concerns

China’s Cyber Power Raises UK Concerns

May 8, 2025
Europol Takes Down Global DDoS Services

Europol Takes Down Global DDoS Services

May 8, 2025

Latest Alerts

X Scam Targets Crypto Users with Fake Ads

FBI Warns Cybercriminals Exploit Routers

FreeDrain Phishing Steals Crypto Funds

CoGUI Targets Consumer and Finance Brands

COLDRIVER Hackers Target Sensitive Data

Cisco Fixes Flaw in IOS Wireless Controller

Subscribe to our newsletter

    Latest Incidents

    LockBit Ransomware Data Leaked After Hack

    Spanish Consumer Group Faces Cyberattack

    Education Giant Pearson Hit by Data Breach

    Masimo Cyberattack Disrupts Manufacturing

    Cyberattack Targets Tepotzotlán Facebook

    West Lothian Schools Hit by Ransomware

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial