On May 5, 2026, Milbank LLP Global Risk & National Security partners John Beahn and Bijan Ganji and special counsel Pinky Mehta delivered remarks as panelists at a cybersecurity and artificial intelligence (AI) event held in Washington, DC for leading professionals from the cybersecurity, biotech, finance and defense sectors. The panelists discussed the evolving national security risk environment and the various US legal regimes implemented to address associated threats, including US export controls, the Committee on Foreign Investment in the United States (CFIUS), the Outbound Investment Rule (OIR) and the Information and Communications Technology and Services (ICTS) program, with a focus on how such regimes impact the cybersecurity and AI sectors. The event highlighted the proliferation of interrelated but distinct legal and regulatory tools to address national security risks relating to cybersecurity and AI, as well as commercial opportunities and related risk management considerations for private sector entities.
Milbank’s Global Risk & National Security Practice advises a wide variety of clients on compliance obligations and the management and mitigation of risk under laws and regulations governing global commerce, commodity transfers and foreign direct investments. The team regularly advises investment banks, private equity firms, commercial banks and various corporate and institutional actors in their roles as lenders, underwriters, borrowers, issuers, purchasers and sellers, among other capacities, in many of the world’s most complex cross-border transactions including money laundering and tax-related investigations and state and private prosecutions in relation to fraud and cyber-crime.
