Anthony M. Shults’s practice focuses on cybersecurity, data privacy, and emerging technologies, as well as securities, appellate, and other complex commercial litigation.
Anthony rejoined the firm in 2021 from the U.S. Department of Justice, where he served as acting Deputy Assistant Attorney General and Senior Counsel in the Office of Legal Policy and as Attorney-Advisor in the National Security Division.
At DOJ, Anthony coordinated major cybersecurity and data privacy initiatives alongside officials from the Federal Bureau of Investigation, the Department of Homeland Security, the Securities and Exchange Commission, the Department of Commerce, the Department of the Treasury, the Federal Trade Commission, and the White House. He also played a key role in developing DOJ policies on cryptocurrency and blockchain, encryption, drones, and artificial intelligence.
Anthony served as Staff Director for the Attorney General’s Cyber Digital Task Force, which developed DOJ’s Cryptocurrency Enforcement Framework, and as Co-Chair of the Department’s Artificial Intelligence Community of Interest. In 2019, Anthony was presented with the Attorney General’s Award for Distinguished Service, one of the Department’s highest honors.
At Cleary, Anthony advises clients on cyber- and data-privacy-related issues, including data security policies and best practices, reporting and notification requirements, and cyber incidents such as data breaches. He also counsels clients on legal issues and risks associated with cryptocurrency and blockchain, artificial intelligence, and other cutting-edge technologies.
Anthony is an experienced litigator who represents corporations and individuals in enforcement and regulatory matters and in complex litigation in state and federal courts. He has litigated claims under the Exchange Act, the Securities Act, the Investment Advisors Act, and the common law at both the trial and the appellate levels.
Anthony originally joined the firm as an associate in 2011, left to join DOJ in 2017, and returned as a senior attorney in 2021.
Selected Activities
- Notes Editor, Law Review, New York University School of Law
Publications
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SEC Proposes New Disclosure Rules for Cybersecurity Incidents and Governance
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Cyber Incident Reporting for Critical Infrastructure Act Signed Into Law
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Recent Developments Shed Light on the Justice Department’s Civil Cyber-Fraud Initiative
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U.S. Senate Fast Tracks Major Cybersecurity Legislation in Response to Russia Threat
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SEC Chair Previews Ramp Up in Regulation and Enforcement in the Cybersecurity Context
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2021 Cybersecurity and Privacy Developments in the United States
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Data Breach Class Action Against Bonobos Dismissed For Lack of Standing
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Cybersecurity: Data Breaches, Ransomware Attacks and Increased Regulatory Focus
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The FTC Warns Companies to Remediate the ‘Log4j’ Software Security Vulnerability
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The Office of the Comptroller of the Currency Warns of Increasingly Complex Cyber Risks for Banks
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Banking Regulators Approve Final Rule Establishing Cyber Incident Notification Requirements
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NYLJ: Rebutting the Presumption of Reliance in Securities Class Actions