THE DSP IS ABOUT DATA NOT JUST INDUSTRY


The DSP does not create a simple list of “covered industries.”

A company can become relevant because of the kinds of data it collects or controls and the transactions through which that data may become accessible to foreign parties.

HOW THE DSP IMPACTS SPECIFIC INDUSTRIES

HEALTHCARE & HEALTH TECHNOLOGY

POTENTIALLY RELEVANT DATA:

Personal health data; biometric identifiers; genetic/genomic data; identifiers; patient records.

POTENTIAL TRANSACTIONS:

Foreign vendors; cloud providers; offshore employees; data licensing; research; investment; M&A.

"Could a foreign party gain access to large amounts of sensitive patient or health-related data?"

BIOTECH, PHARMACEUTICALS & LIFE SCIENCES

POTENTIALLY RELEVANT DATA:

Genomic data; omic data; biospecimen info; health data; biometric info; research participant info.

POTENTIAL TRANSACTIONS:

Research collaborations; foreign investment; licensing; data-sharing; clinical relationships; vendors; M&A.

"Could our research, genomic, or health data create a DSP issue when we work with a foreign party?"

FINANCIAL SERVICES & FINTECH

POTENTIALLY RELEVANT DATA:

Personal financial data; identifiers; identity info; account info; transaction info.

POTENTIAL TRANSACTIONS:

Foreign tech vendors; offshore support; cloud providers; analytics; investment; M&A; data-sharing.

"Does our relationship with a foreign vendor or investor give access to enough sensitive financial data to trigger DSP concerns?"

TECHNOLOGY, AI & SOFTWARE

POTENTIALLY RELEVANT DATA:

Large datasets; precise geolocation; biometric; identifiers; health/financial data; AI training data.

POTENTIAL TRANSACTIONS:

Foreign developers; cloud providers; AI partnerships; licensing; vendor agreements; investment; M&A.

"Could our data, AI system, vendor relationship, or foreign investment create a DSP issue?"

ADTECH, DATA BROKERS & DIGITAL PLATFORMS

POTENTIALLY RELEVANT DATA:

Identifiers; precise geolocation; behavioral info; demographic info; aggregated data.

POTENTIAL TRANSACTIONS:

Data brokerage; licensing; advertising relationships; platform arrangements; foreign purchasers/vendors.

"Are we selling, licensing, sharing, or facilitating access to data in a way that could be treated as data brokerage?"

TELECOMMUNICATIONS & CONNECTIVITY

POTENTIALLY RELEVANT DATA:

Geolocation; subscriber info; identifiers; sensitive data.

POTENTIAL TRANSACTIONS:

Foreign vendors; infrastructure providers; tech arrangements; foreign ownership; data access.

Important: DSP contains specific exemptions. A transaction must be analyzed.

CLEAN ENERGY, CLIMATE TECH & UTILITIES

POTENTIALLY RELEVANT DATA:

Geolocation; employee info; customer info; workforce data; infrastructure data.

POTENTIAL TRANSACTIONS:

Foreign vendors; investors; joint ventures; cloud providers; remote access; M&A.

A clean-energy company should not assume the DSP is irrelevant simply because it is not a healthcare, financial, or technology company.

EMPLOYERS, HR & WORKFORCE PLATFORMS

POTENTIALLY RELEVANT DATA:

Employee identifiers; sensitive info; health data; biometric; geolocation.

POTENTIAL TRANSACTIONS:

Foreign employees; offshore HR; payroll vendors; HR tech; employee monitoring; remote access.

"Does a foreign employee, contractor, or vendor have access to data that could create a restricted transaction?"

TRAVEL, HOSPITALITY & LOCATION-BASED BUSINESSES

POTENTIALLY RELEVANT DATA:

Precise geolocation; identifiers; financial info; customer info; travel data.

POTENTIAL TRANSACTIONS:

Foreign tech providers; analytics; location services; advertising; vendors.

"Does the location data our business collects or makes accessible fall within a DSP-regulated category?"

DEFENSE, GOVERNMENT CONTRACTORS

POTENTIALLY RELEVANT DATA:

Geolocation linked to gov locations; sensitive data linked to gov employees/contractors; gov-related data.

POTENTIAL TRANSACTIONS:

Foreign vendors; foreign ownership; subcontractors; cloud; employment; investment; supply-chain.

"Does our government relationship or the data we hold create a government-related data issue under the DSP?"

UNIVERSITIES & RESEARCH INSTITUTIONS

POTENTIALLY RELEVANT DATA:

Genomic/omic data; health data; biometric; student/research-participant info.

POTENTIAL TRANSACTIONS:

International research; collaborators; data-sharing; licensing; vendors; investment.

Important: DSP contains specific exemptions for research. The question is whether the specific transaction falls within the rule.

You may not think of your Company as a "Data Company."

But if your company collects enough sensitive personal data, gives foreign parties access to it, or enters a transaction involving a covered party, the DSP may matter.

TELL US WHAT DATA YOUR COMPANY HANDLES