Cyber Attacks

News & Analysis as of

DOJ Cybersecurity Unit Releases “Best Practices” For Cyber Breaches

Last week, in conjunction with the Criminal Division’s Cybersecurity Industry Roundtable, the U.S. Department of Justice released its “Best Practices” guide for preparing for and responding to a cyber incident....more

New Cyber Strategy Issued By Pentagon

In a speech at Stanford University on April 23, 2015, Department of Defense (“DoD” or the “Pentagon”) Secretary Ash Carter unveiled the Pentagon’s new cyber strategy (the “Strategy”) and called on the technology sector to...more

Department of Justice Issues Best Practices Guidance on Cyber Incidents

On Wednesday, April 29, the US Department of Justice released guidance titled “Best Practices for Victim Response and Reporting of Cyber Incidents.” The guidance outlines steps companies should take before, during, and after...more

Privacy & Cybersecurity Update - April 2015

In This Issue: - DOJ Issues Cyber Preparation and Response Guidance - RadioShack’s Plan to Auction Customer Data Highlights Issues Over Treatment of Such Data as an Asset - Google v. Vidal-Hall and...more

Cyber Attacks on Financial Institutions Increasing in Frequency and Severity

Cyber attacks on financial institutions have become so relentless in their frequency and severity, that the Federal Financial Institutions Examination Council (FFIEC) directed banks this past month to enhance their...more

Executive Labor Summary - April/May 2015

NLRB “quickie election” rule takes effect - On April 6, President Obama vetoed a joint resolution of Congress that sought to block the “quickie election” rule issued by the National Labor Relations Board....more

House Passes the National Cybersecurity Protection Advancement Act

Following Wednesday’s approval of the Protecting Cyber Networks Act (H.R.1560) (“PCNA”), the House of Representatives passed the National Cybersecurity Protection Advancement Act (H.R. 1731) (“NCPAA”) on Thursday, a move...more

Cyber-Attacks, and the Seven Steps to Protect Your Advisory Business Against Them

It sounds futuristic, or like CSI: Cyber, a sci-fi world of white hat/ black hat hackers, and of constant threats to national security and the financial markets caused by the digital world we live in. Based on the latest SEC...more

House Passes New Cybersecurity Legislation Amidst Growing Pressure from Industry

The House of Representatives passed the Protecting Cyber Networks Act (H.R.1560) (“PCNA”) yesterday, amidst growing pressure from industry to enact legislation that would help companies harden key infrastructure and respond...more

FCC Chairman Tom Wheeler Speaks about Cybersecurity at RSA Conference

As cyber week continues in Washington, Federal Communications Commission Chairman Tom Wheeler traveled to the west coast to speak about cybersecurity at the RSA Conference in San Francisco. Wheeler noted that the FCC has...more

Virginia Launches First State-Level Information Sharing and Analysis Organization

On April 20, Virginia Gov. Terry McAuliffe announced that the state is establishing the nation’s first state-level Information Sharing and Analysis Organization (“ISAO”), intended to enhance the voluntary sharing of critical...more

President Issues Executive Order to Block Assets of Foreign Cyber Attackers

President Obama recently issued Executive Order 13694 (EO 13694 or EO), “Blocking the Property of Certain Persons Engaging in Significant Malicious Cyber-Enabled Activities.” EO 13694 is aimed at deterring cyber attacks,...more

United States Goes on the Offensive Against International Cybercrime - 2015 Cybersecurity Executive Order

On April 1, President Obama signed an Executive Order to combat the "national emergency" sparked by a rapidly evolving global cybercrime environment. The Executive Order directs the U.S. Treasury Department to impose...more

Privacy Tuesday – April 2015 #2

Spring has finally arrived on the East Coast, and not a moment too soon. Here are 3 privacy & security bits and bytes to start your week....more

White House Issues Executive Order To Combat Against Cyber Attacks

On April 1, President Obama issued an executive order granting the Department of Treasury new authority to impose sanctions against individuals or entities that engage in activities which benefit from cyber attacks against...more

Cyber Incident/Data Breach Response: Your emergency Checklist

The first 24 hours after you discover a data breach are critical to restoring security, minimising harm, obtaining and preserving evidence and complying with contractual and legal obligations. This Emergency Checklist...more

FFIEC Releases Statements on How Financial Institutions Can Identify and Mitigate Cyber Attacks

On March 30, the FFIEC announced two separate statements regarding cyber attacks at financial institutions: Statement on Destructive Malware and Statement on Compromising Credentials. The statements come in light of the...more

A Modern Game of Hide and Go Seek? Some Lessons Learned Following Sony and Other Widely-Publicized Data Breaches

While the recent hack of Sony was prominent news because of the celebrity ties and potential geo-political implications, other prominent cyber-attacks over the last few months are enough to give any company pause. The January...more

"President Obama Announces New Cybersecurity Sanctions Regime"

On April 1, 2015, President Barack Obama issued an executive order (the Order) authorizing sanctions against foreign individuals or entities found to be responsible for certain malicious cyberattacks. Under the Order, the...more

President Obama Signs Executive Order Authorizing Sanctions In Response To Malicious Cyber Activity

On April 1, 2015, President Obama signed an executive order authorizing the first sanctions program to combat malicious cyber activity. The order permits the U.S. Department of the Treasury to freeze the assets of...more

Obama Executive Order Targets International Cyberattacks Against U.S. with New Sanctions

As part of a series of measures aimed at increasing preparedness and defenses against international cyberattacks on U.S. industries and government agencies, on April 1, President Obama issued Executive Order No. 13694,...more

Now's the Time to Review Your OFAC Compliance Program

Obama Executive Order Targets International Cyberattacks Against U.S. with New Sanctions - New Sanctions Are Part of U.S. Escalation of Efforts to Bolster Cyber-Security: As part of a series of measures aimed at...more

President Obama Issues New Executive Order Authorizing Sanctions Against Cyber Attackers

President Obama issued an Executive Order (the “Order”) on April 1, 2015 that authorizes financial sanctions against certain “persons” (including both individuals and entities) designated by the Treasury Secretary to be...more

Spam emails sent from fridge in botnet attack

The Internet of Things allows consumers to program and monitor all sorts of equipment, devices and appliances, including smart meters, ovens, TVs and refrigerators. It is well known that most of these devices that are...more

Executive Order Creates Cybersecurity Sanctions Framework

On April 1, 2015, President Obama issued an Executive Order authorizing the imposition of sanctions against designated individuals or entities found to be engaged in malicious cyber activity, including various forms of...more

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