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SEC Settlement: Cybersecurity Internal Controls

On June 18, 2024, the Securities and Exchange Commission (“SEC”) announced a $2.1 million civil penalty settlement of charges against R.R. Donnelley & Sons (“RRD”), a global provider of business communications services and...more

Recent Ransomware Attacks Highlight the Evolving Challenges in Responding to Cyber Extortion

A spate of recent ransomware attacks illustrates the increasingly difficult calculations that businesses face following the theft or encryption of their data....more

Markets Promptly See Effect of New SEC Cybersecurity Disclosure Rules

On December 18, 2023, prior to the trading session, VF Corp. (NYSE:VFC) issued a press release disclosing that the company was investigating unauthorized activity on its computer systems – and that the intrusion had encrypted...more

Implementation of DFS Cybersecurity Amendments Continues as Ransomware Attacks Dominate Headlines

Last month, as the New York State Department of Financial Services (“DFS”) began phasing in amended cybersecurity regulations and continued enforcement actions against noncompliant entities, a wave of ransomware attacks...more

White House Issues Further Guidance for Federal Agencies on Cybersecurity Priorities

The White House recently issued a Memorandum designed to strengthen the cyber defenses of “National Security Systems” – information systems operated by the federal government that are used for intelligence or military...more

Peeling Away the Privilege: Another Court Orders Production of Data Breach Investigation Report

A federal court recently added additional wrinkles to one of the most important aspects of responding to a data breach: a forensic investigative report. The court ordered a law firm to turn over a report produced by a...more

Cyber Attacks Targeting K-12 Education Are On the Rise

As remote learning continues to play a critical role in the world’s pandemic response, cybercriminals see another opportunity for exploitation.  The Federal Bureau of Investigation, the Cybersecurity and Infrastructure...more

Hack of IT Service Provider May Affect Thousands of Private Businesses

On December 13, the software and service provider SolarWinds announced that its Orion software platform had been the target of a sophisticated cyber-attack that may have resulted in malicious code being pushed to as many as...more

Who’s On the Other Side: OFAC Releases Guidance on Ransomware Payments and Sanctions Enforcement

As we previously reported, companies across the globe increasingly have been targeted by cyber criminals during the COVID-19 pandemic.  Just last month, a major U.S. healthcare provider, United Health Services (“UHS”),...more

Capital One to Pay $80 Million Fine for 2019 Data Security Hack

As we previously reported, Capital One Financial Corporation announced in July 2019 a major data security breach when an individual gained unauthorized access to personal information about Capital One credit card customers. ...more

Governmental Organizations Across the Globe Warn of Enhanced Cyber Threat Environment Related to COVID-19

In recent weeks, we have seen growing threats to cybersecurity and privacy by malicious actors seeking to exploit the COVID-19 pandemic. As companies transition their employees to remote working and focus their efforts on...more

Cyber Risk and COVID-19: Practical Guidance for Secure Remote Working

In recent years, cyber-attacks have continued to increase in number and scope, with businesses facing ever-growing threats from ransomware, distributed denial-of-service attacks, and phishing schemes....more

D.C. Circuit Breathes New Life into OPM Data Breach Litigation

The U.S. Office of Personnel Management (“OPM”) made headlines when several hacks of confidential data came to light in 2015, intrusions that compromised the personal data of over 20 million individuals. On July 21, 2019, in...more

A Shield From Cyber Liability: Diving Deeper Into the SAFETY Act

As we’ve discussed in previous posts, the SAFETY Act has the potential to serve as a valuable tool for companies looking to mitigate risk from cyber-terrorism. ...more

A Shield From Cyber Liability: Integrating SAFETY Act Protections Into Institutional Cyber Governance

An obscure federal law called the SAFETY Act recently captured national headlines when MGM Resorts International invoked it in a series of pre-emptive, declaratory judgment law suits against the victims of the 2017 Route 91...more

In Warning Shot to Foreign Hackers, U.S. Indicts Two Iranian Nationals for Massive Ransomware Attacks

Yesterday, the United States indicted two Iranian hackers for their roles in a series of major ransomware attacks that started in 2016 and lasted almost three years. The attacks crippled schools, hospitals, the private...more

In Search of Immunity: MGM Fights to Define SAFETY Act Protection

Memories of the massacre of dozens of concertgoers at a Las Vegas music festival last year are unlikely to fade soon. In the deadliest shooting in U.S. history, Stephen Paddock killed 58 people and wounded hundreds from his...more

The Equifax Breach Continues to Rage

Six months after a massive data breach at credit reporting company Equifax, Inc. handed hackers the personal information of nearly 150 million Americans, the fallout continues. Equifax first disclosed in September that...more

Payment or Pillory: More Fallout from Uber’s Data Breach

With new developments regarding Uber Technologies Inc.’s 2016 data breach coming out almost daily, lawsuits against the company continue to pile-up. We previously reported that within days of Uber disclosing the data theft...more

On the Move and At Risk: Safeguards for Mitigating Mobile Device Vulnerabilities While Traveling Overseas

Employees use their smartphones as a key tool for accessing information during a work day – especially when outside the office and traveling on business. While smartphones, tablets, laptops and other devices may increase...more

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