Cyber Attacks Hackers

News & Analysis as of

Studies Show Ransomware up 6,000% and Reaps Billions and Phishing Emails are Used in 91% of all Cyber-Attacks

A recent IBM study shows that ransomware increased 6,000 percent in 2016 over 2015. According to the report, ransomware was present in almost 40 percent of all spam email messages....more

No More Ransom Project Expands Membership and Tools

The No More Ransom Project, a coalition of security companies and law enforcement, which was launched through a partnership with the European Cybercrime Centre, the National High Tech Crime Unit of the Netherlands police,...more

Privacy Tip #69 – Hit with Ransomware? To Pay or Not to Pay

Every day I get a call from a client asking for help involving ransomware. Friends have called in a panic when that dreadful message comes up on the screen informing you that you are the victim of ransomware with instructions...more

Obama Uses Executive Order Authority to Respond to Malicious Russian Cyber Activity - President Amends EO 13964 From April 2015 in...

President Barack Obama amended Executive Order (EO) 13964 on December 29, 2016, in response to intelligence community findings that the Russian government engaged in malicious cyber activity with respect to the U.S. electoral...more

FTC Files Lawsuit Against Taiwanese Manufacturer for Alleged Lax Security in Wireless Routers and Cameras and Related Marketing...

The Federal Trade Commission has filed a lawsuit in federal court claiming that a networking equipment manufacturer engaged in unfair and deceptive acts, exposing thousands of consumers to the risk of cyberattack from...more

Insurance Coverage for Lost Profits Arising from Cyber Attacks on the U.S. Power Grid – Contingent Business Interruption Coverage...

The Washington Post reported Friday that Russian hackers had penetrated the U.S. utility grid through Burlington Electric, a Vermont utility. Although the utility later clarified that the attacked computer was not connected...more

Massachusetts Data Breach Notification History Now Available Online

The Massachusetts Office of Consumer Affairs and Business Regulation (OCABR) has published an online list of data breach notifications issued each year to Massachusetts residents since 2007, the inception of the...more

Hacktastrophe: How cyber-attacks on critical U.S. infrastructure could lead to catastrophic property loss

Although cyber-attacks have traditionally implicated more liability-leaning coverages, several attacks in recent years should give property insurers cause for concern going into the future. Hackers have proven they can seize...more

Geo Political Cyber Warfare And Your Business

The cyber war battlefield has expanded, and your business is now a fighter and a target. A new U.S. Government report explains many reasons for identifying and penalizing Russian hackers, the Russian intelligence...more

Data Breach Trends — 2016: the Year of Ransomware

Over the past year, the BakerHostetler Incident Response team has closely monitored data breach trends, and we are confident in concluding that 2016 was the year of ransomware. Nothing has had a greater impact or has been as...more

The State of Cybersecurity in 2016 and the (potential) Great Cyber Fire

Cybersecurity hit the news hard in 2016. The number of high profile, and troubling, cyber incidents increased significantly. The Democratic National Committee and one of Clinton’s top advisor’s being hacked, with leaked...more

Should Your Company Purchase Bitcoin to Pay a Cyber Ransom?

In recent years, businesses have witnessed the proliferation of cyber attacks, hacking, and other digital threats. One common threat is ransomware. In a ransomware attack, a company may lose access to critical systems and...more

Cyber-attack on LA County Compromises 756,000 individuals’ information

A Nigerian national has been charged with a cyber-attack on Los Angeles County employees that compromised the personal information of over 756,000 people. The attack took place on May 13, 2016, when the attacker sent a...more

2016 was the Year of the Data Breach

Although every year we lament about the significance of data breaches in the past year, 2016 was by far the worst. Data breaches were rampant, victimizing every industry and numbing consumers in the process. It was so bad...more

What Can Be Learned From 2016 Security Incidents?

Cue the year-end articles saying that this was the worst year to date for data breaches. Follow that with more dire predictions for 2017. Layer in one-size-fits-all recommendations to mitigate these risks. And finish with...more

Ransomware – A Significant Cybersecurity Concern

Over the past year, no information security threat has demanded more media and corporate attention than ransomware. The evolution of this threat from an ineffective nuisance to a sophisticated business model generating...more

Protect Against Cyber Attacks: A New Guide to Help Small Businesses

No business is too small to be the victim of a cyberattack. In fact, as larger companies invest more resources in cybersecurity, attackers are beginning to target smaller, less secure businesses. It is important for every...more

What A Breach: More Than 1 Billion Yahoo! User Accounts Compromised

On Wednesday, Yahoo! disclosed that more than 1 billion of its users’ personal information was exposed in a newly discovered cyber-attack, making it the largest data breach reported to date. The breach apparently took place...more

University of Wisconsin Announces Data Breach of Law School Applicants

Last week, the University of Wisconsin Law School notified 1,213 applicants from 2005-2006 that their names and Social Security numbers were breached back in November. The University discovered that a hacker gained access to...more

Affair Website Ashley Madison Fined $8.75 Million Over Data Breach, Misrepresentations

The Federal Trade Commission (FTC) has entered into a multimillion dollar settlement with the owners and operators of AshleyMadison.com, a dating website for people interested in having discreet affairs, related to the...more

Yahoo Déjà Vu – One Billion Yahoo Accounts Hacked

On December 14, 2016, afternoon Yahoo Inc. (Yahoo) announced that user information was stolen from more than one billion accounts in August 2013. Yahoo said that the stolen information includes, “names, email addresses,...more

Quest Diagnostics Announces Breach of 34,000 Records

Quest Diagnostics, which operates medical laboratories, has announced that 34,000 customer records were exposed during a hacking incident that occurred on November 26th. The hacker obtained access to the information through...more

Over 3.1 Billion Records Breached So Far in 2016

The tally of records breached in 2016 (through November) globally was over 2.1 billion, according to IT Governance. With the announcement yesterday of Yahoo’s breach of another 1 billion records, that tally is now up to 3.1...more

Ashley Madison Settles with FTC and State AGs for $1.6 Million

We have previously reported on the Ashley Madison data breach and subsequent litigation. On December 14th, Ashley Madison announced that it has agreed to pay $1.6 million and implement additional security measures to settle...more

Yahoo Announces Another Breach of One Billion Accounts

Yahoo Inc. announced on December 14th that hackers stole the personal information of more than one billion users, which is in addition to the 500 million accounts compromised that was announced in September....more

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