On April 4, 2024, the Department of Homeland Security's
(DHS) Cybersecurity and Infrastructure Security Agency (CISA)
officially published its Notice of Proposed Rulemaking (NPRM)
detailing significant new cybersecurity reporting requirements. If
adopted, this proposed rule would require companies in critical
infrastructure sectors to report on certain cybersecurity incidents
within tight timelines: 72 hours for "substantial
cybersecurity incidents," and 24 hours for ransomware
payments.
The public has until June 3, 2024 to submit comments.
Background
In March 2022, the Cyber Incident Reporting for Critical
Infrastructure Act of 2022 (CIRCIA) established that covered
entities must report on covered cybersecurity incidents to CISA,
tasking CISA with setting the requirements via rulemaking.1 CIRCIA
specifies that covered entities must report cybersecurity incidents
within 72 hours after the entity reasonably believes a covered
incident has occurred, and 24 hours