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ARTICLE · 09 MAY 2023

Technology Protection Is A Core National Security Priority: BIS Strengthens Its Policy On Disclosures

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Recently, the Department of Commerce issued a memo, emphasizing that "technology protection is a core national security priority" and how companies that choose not to disclose...

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Recently, the Department of Commerce issued a memo, emphasizing that "technology protection is a core national security priority" and how companies that choose not to disclose significant violations of export regulations may have to bear concrete costs for non-disclosure. This memo highlights the continued focus to control U.S. technology security breaches, especially in the semiconductor and advanced computing industries.

On Voluntary Self-Disclosure

The Bureau of Industry and Security ("BIS")'s memo, issued on April 18, explains the incentive structure for voluntarily disclosing significant potential violations of the Export Administration Regulations ("EAR").

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