News & Analysis as of

Cyber Attacks Cybertheft

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - August 2021

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CYBERSECURITY - Extortion Doesn’t Work for EA Sports Hackers - According to The Record, Electronic Arts Sports (EA) was the victim of a cyber hacking in June, when hackers posted on an underground hacking forum that they...more

Robinson+Cole Data Privacy + Security Insider

Extortion Doesn’t Work for EA Sports Hackers

According to The Record, Electronic Arts Sports (EA) was the victim of a cyber hacking in June, when hackers posted on an underground hacking forum that they were in possession of EA data seeking a sale price of $28 million....more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2021 #2

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Cyber-attacks and Cybersecurity Failure Are Top Risks of the Next Decade Says World Economic Forum - Although somewhat obvious, the World Economic Forum, in partnership with Marsh McLennan, SK Group and Zurich Insurance...more

Sheppard Mullin Richter & Hampton LLP

Cybercrime 2020 – The Rise of “Vishing”

As if 2020 hasn’t caused enough hardship and headaches for employers already, the FBI and U.S. Cybersecurity Infrastructure Security Agency (“CISA”) recently issued a joint Cybersecurity Advisory Alert warning employers about...more

Foley Hoag LLP - Security, Privacy and the...

Minimizing Risk and Liability from Man in the Middle Attacks (or, How to Keep Your Company’s Wire Transfers from Going Awry)

Imagine this scenario: you’ve had a productive and mutually advantageous ongoing contractual relationship of several years with another party. You have built up quite a bit of trust over the years, and communicate regularly...more

Robinson+Cole Data Privacy + Security Insider

Virginia Bank Hacked Twice with Phishing Schemes Losing $2.4 Million

In a lawsuit against its insurance company requesting reimbursement for close to $2.4 million from two different hacking incidents, National Bank of Blacksburg detailed the intrusions, which are instructive of a sophisticated...more

Robinson+Cole Data Privacy + Security Insider

HaoBao Malware Hitting Banks Scans for Bitcoin Activity

Lazarus, the well-known hacking group responsible for the WannaCry ransomware attack from last year, as well as the attack on the Bangladesh Central Bank and Sony, is now targeting global financial firms and Bitcoin adopters...more

Foley Hoag LLP

Cybersecurity 2017: The Year in Preview

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Introduction - Cybersecurity was a prominent factor in 2016 in all aspects of government, business and personal affairs. Russian and other foreign national hacking has the potential to spark a new form of cold...more

King & Spalding

U.S., China Announce Cybersecurity Agreement During Xi Jiping’s Visit

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Chinese President Xi Jinping made his first state visit to the United States last week, and his itinerary included meetings with U.S. technology company leaders as well as President Barack Obama. Not surprisingly, his hosts...more

Sheppard Mullin Richter & Hampton LLP

Keep Your Frenemies Close: Proposed China Sanctions and the Price of Escalation

On August 30, 2015, the Washington Post broke a story that the Obama administration is developing a package of economic sanctions that will target Chinese companies and individuals who have benefitted from cybertheft. The new...more

Mintz - Privacy & Cybersecurity Viewpoints

Privacy Monday – July 2015

Welcome to the dog days of summer 2015. Three privacy & security bits and bytes to start your week (if you are reading this on vacation … good for you!) 1. ICYMI: Massive Data Breach at OPM Claims Victim — The Director...more

King & Spalding

Target and Neiman Marcus Face Government Probes and Litigation as a Result of Holiday-season Cyberattacks

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The massive holiday hacking of consumer information belonging to Target and Neiman Marcus customers has the impacted retailers under a microscope. State Attorneys General across the country have banded together to launch a...more

Carlton Fields

Hackers' Withdrawal Of Funds Not Covered Under Property "All Risks" Policy

Carlton Fields on

In Metro Brokers, Inc. v. Transportation Insurance Company, Inc. Civil Action no. 1:12-cv-3010-ODE, (2013), the United States District Court for the Northern District of Georgia applied Georgia contract law to find no...more

Orrick - Trade Secrets Group

UPDATE: Sur-Sur-Sur Reply Highlights The Short Arm Of U.S. Law In Trade Secret Theft

A few months ago, we discussed the federal government’s difficulties prosecuting foreign companies and individuals for theft of U.S. trade secrets. We highlighted three cases in which foreign defendants effectively stalled...more

Troutman Pepper

$45 Million Cyber-Attack Is Object Lesson From Verizon Study Showing No Business Is Safe, But Financial Institutions Bear Big Data...

Troutman Pepper on

Newspapers around the world recently reported that a sophisticated and well-coordinated cyber-attack resulted in the theft of $45 million from thousands of ATMs worldwide....more

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