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Cyber Attacks Cyber Insurance Federal Bureau of Investigation

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - November 2021

In this month’s Privacy & Cybersecurity Update, we examine the FBI’s warning to companies regarding cyberattacks targeting confidential M&A activity, as well as the Cybersecurity and Infrastructure Security Agency’s directive...more

Husch Blackwell LLP

Cyber Risk Insurance in the Wake of the Colonial Pipeline Cyberattack

Husch Blackwell LLP on

On May 7, 2021, pipeline operator Colonial Pipeline Company suffered a ransomware cyberattack on its namesake Colonial Pipeline. Hackers attacked computerized management equipment, effectively freezing one of the largest...more

Constangy, Brooks, Smith & Prophete, LLP

Ransomware Gone Wild -- And What You Need To Do To Protect Your Company (Part 2)

In Part 1 of this series, I discussed the ever-increasing prevalence of Ransomware attacks and went over what you could do to prevent, or at least reduce the likelihood of, being hit. But what should you do if the hackers get...more

Lowenstein Sandler LLP

Health Care Facilities Are Under Cyberattack; Cyber Insurance Provides A Valuable Defense

Lowenstein Sandler LLP on

U.S. hospitals, already on the front lines of fighting the coronavirus pandemic, are now facing viral attacks by cybercriminals. More than 20 U.S. hospitals and health care organizations have reported their data being held...more

Dechert LLP

U.S. Warns of Increased Risk of Ransomware Attacks Targeting the Healthcare Industry

Dechert LLP on

On October 28, 2020, the Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI), and the Department of Health and Human Services (HHS) issued a joint cybersecurity advisory (the...more

Farella Braun + Martel LLP

Going it Alone: How to Manage Cybercrime Response With Less Government Help

Several years ago when cybercrime and attacks on corporate information and funds were less common, corporate counsel may have been justified in expecting the government to take a leading role in efforts to identify, locate,...more

Sheppard Mullin Richter & Hampton LLP

WannaCry Ransomware Alert

This is not a drill. Companies and law enforcement agencies around the world have been left scrambling after the world’s most prolific ransomware attack hit over 500,000 computers in 150 countries over a span of only 4...more

Poyner Spruill LLP

Ten Things You Need To Know About Ransomware

Poyner Spruill LLP on

In 2013, hackers attacked a venerable Swansea, Massachusetts institution via ransomware. Ransomware is software that locks users out of computers or specific files until the victim pays a “fee” to release the lock. Such...more

Orrick, Herrington & Sutcliffe LLP

Policyholder Insider Quarterly

Some Words Are More Equal Than Others: BancInsure vs. FDIC - In George Orwell's "Animal Farm", the governing principle that "all animals are equal" was revised by the pigs, who had ascended into power, to "all animals...more

Carlton Fields

Cybersecurity as a Regulatory Issue: The NAIC Considers The Anthem Breach And Weighs a “Cybersecurity Bill of Rights”

Carlton Fields on

The Cybersecurity Task Force of the National Association of Insurance Commissioners (the “NAIC”) met last month, as part of on the NAIC’s 2015 Summer National Meeting in Chicago. The Task Force focused on two issues: the...more

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