News & Analysis as of

Cyber Attacks Data Loss Prevention

Rothwell, Figg, Ernst & Manbeck, P.C.

Learning From Data Breach Cases To Reduce Legal Risk

The average cost of a data breach is on the rise. According to the 2022 ForgeRock Consumer Identity Breach Report, the average cost in 2021 of recovering from a data breach in the U.S. is $9.5 million — an increase of 16%...more

Dechert LLP

Dechert’s Privacy & Cybersecurity Extended Forecast for 2022: Hot Today. Hotter Tomorrow!

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​​​​​Few things are certain, but it is indisputable that in 2022 data will remain big; data driven technologies will create unparalleled opportunity and risk; the frequency and sophistication of cyberattacks will shatter...more

McDermott Will & Emery

NIST Issues Cybersecurity Framework for Ransomware Risk Management

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The Information Technology Laboratory (ITL) at the National Institute of Standards and Technology (NIST) recently issued a Ransomware Profile identifying steps organizations can take to prevent, respond to and recover from...more

NAVEX

The State of Risk Alignment - Alliances Grow Between IT Security and IRM

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While business risks abound, including intensified cybersecurity attacks, the impact of rapid technological advances and increasing regulations, there are healthy ways to uncover and mitigate risks. Organizations are...more

Carlton Fields

No Password Required: A Cyber Practice Leader and Natural Optimist Who Believes Every Day Is the Best Day

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The No Password Required Podcast is dedicated to introducing and celebrating the practitioners, leaders, researchers, and individuals who are shaping the cybersecurity industry. Join us for an in-depth conversation that...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - March 2020

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Two Las Vegas casinos’ networks were down over the past week, with posted signs saying “Cash Only” throughout the casinos after a suspected ransomware attack. Electronic slot machines were silent as the casinos reacted to the...more

Hinshaw & Culbertson LLP

Insurers Take Steps to Reduce Silent Cyber Exposure

As cyber risks continue to proliferate, issues concerning coverage for those exposures under non-cyber or "traditional" property and casualty policies are creating uncertainty for both the insurance industry and for...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Municipalities vs. Ransomware Attacks - Who's Winning?

Ransomware attacks on municipalities were on the rise in 2019, with two-thirds of known ransomware attacks in the United States targeting governments, and the trend is expected to continue for 2020. It is important for...more

Bass, Berry & Sims PLC

Privacy Perils: The Expensive New Threat

By now, you’ve heard a horror story or two about ransomware. The city of Baltimore’s tale stands out. After cyber-criminals attacked the city’s servers and applications, they demanded $76,000 to decrypt the affected files....more

The Volkov Law Group

Managing Third-Party Vendor Cybersecurity Risks (Part II of III)

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We all know that businesses rely on a large number of third-party vendors to support their business operations.  Many of these third parties require access to a company’s data and its internal information and technology...more

Roetzel & Andress

HHS Releases Guidance For Health Industry On Voluntary Cybersecurity Practices

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The Department of Health and Human Services (HHS) has released a publication entitled the "Health Industry Cybersecurity Practices (HICP): Managing Threats and Protecting Patients." The HICP was prepared in response to the...more

Holland & Knight LLP

Impact of the New Health Industry Cybersecurity Practices: 2019 Outlook

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• The U.S. Department of Health and Human Services on Dec. 28, 2018, announced the release of the "Health Industry Cybersecurity Practices: Managing Threats and Protecting Patients" that provides a "Call to Action" to make...more

Verrill

Is Cybersecurity on Your 2019 Work Plan?

Verrill on

On December 28, 2018, the U.S. Department of Health and Human Services (“HHS”) closed out the year by releasing long-awaited voluntary cybersecurity guidelines for the health care industry. The four-volume publication,...more

King & Spalding

FINRA Offers Member Firms Continued Guidance on Cybersecurity

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On December 20, 2018, the Financial Industry Regulatory Authority (FINRA) issued a “Report on Selected Cybersecurity Practices” (the “Report”) as part of its ongoing efforts to assist broker-dealer firms in developing...more

Proskauer on Privacy

SEC Cybersecurity Update

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Results from the SEC’s First Round of Cybersecurity Examinations - On February 3, 2015, the OCIE published a risk alert summarizing its findings from its examinations of over 100 registered investment advisers and...more

Snell & Wilmer

SEC Announces Second Wave of Cyber Exams of Broker Dealers and Advisors – Is Your Firm Ready?

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In April 2014, the Securities and Exchange Commission’s (“SEC”) Office of Compliance Inspections and Examinations (“OCIE”) issued a Risk Alert announcing its first cybersecurity sweep initiative. Pursuant to that initiative,...more

Morgan Lewis

Proactive Approach To Cybersecurity: Recent SEC guidance and enforcement actions suggest that reactive firms may be in the SEC’s...

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In an environment where even the largest and most powerful corporations have fallen victim to data breaches, it can be challenging to fathom how to protect against the sophisticated and ever-evolving threat of cyber attacks....more

Manatt, Phelps & Phillips, LLP

SEC Ramps up Cybersecurity Scrutiny With Examination Priorities and an Enforcement Action

Why it matters - Signaling that it will continue to increase its scrutiny of firms' cybersecurity readiness, the Office of Compliance, Inspections and Examinations of the Securities and Exchange Commission (SEC) issued a...more

Perkins Coie

SEC’s Increased Cybersecurity Enforcement and How to Reduce Your Risks

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The SEC announced last week that an investment adviser had agreed to settle charges that it failed to take required steps to protect against and respond effectively to a cybersecurity breach. The action comes on the heels of...more

BakerHostetler

The SEC OCIE Announces Increased Scrutiny of Broker-Dealers’ and Investment Advisers’ Cybersecurity Programs

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On September 15, 2015, the Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) issued a National Exam Program Risk Alert (2015 Risk Alert) to provide broker-dealers and investment...more

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