Cyber Attacks Hackers

News & Analysis as of

Cyber Security and Loss Recovery - A New Alternative for Organizations

The largest data breaches ever have occurred since 2015, and targets have encompassed a wide spectrum of entities. Organizations affected range from U.S. DOJ and the IRS—where citizens’ personally identifying information was...more

Federal Banking Agencies Propose New Requirements for Managing Cyber Risk

Three federal banking agencies have announced plans to develop new rules that would establish cyber risk management and resiliency standards for large interconnected entities under the agencies' supervision, as well as those...more

Prepare for the Hack: Five Things to Keep in Mind when Shopping for Cybersecurity Insurance

When your company's confidential information ends up on the dark web, it is obviously too late to start thinking about adequate insurance coverage for the barrage of claims and expenses that are about to hit like a tidal...more

Privacy Tip #56 – Be Careful Before You Link Your Home Appliance to Your Smartphone and Change Your Passwords Now

Last week, Brian Krebs reported that hackers using a malware dubbed “Marai” have identified hundreds of thousands of home and office devices that have weak security. Then the hackers released the malware publicly so anyone...more

Central Ohio Urology Group Notifies 300,000 Patients of Breach

Approximately 300,000 patients of Central Ohio Urology Group have been notified that their protected health information has been stolen and posted online. Although the actual date of the hacking has not been released,...more

Ransomware? Don’t Pay It, Says FBI

What should companies do when ransomware hits? The FBI says: (a) report it to law enforcement and (b) do not pay the ransom. Given the recent onslaught in ransomware attacks—such as a 2016 variant that compromised an...more

CryptoWall Ransomware Hits New Jersey Spine Center

The New Jersey Spine Center was hit with a variant of CryptoWall ransomware on July 27, 2016 that encrypted its electronic health record and its backup files. A double whammy....more

When smart goes bad: Why internet security does not just refer to computers

A growing trend in the consumer electronics industry is the use of so-called “smart” devices — electronics that use wi-fi connections to allow them to be controlled remotely over the internet. From smart thermostats that can...more

Looking Ahead: Where Automotive Innovation Meets Cybersecurity in 2017

The automotive industry has long been exempt from the cyber attacks that have affected so many companies operating in the financial services, healthcare and retail spaces. However, that is changing quickly due to the copious...more

Cybersecurity Awareness Month: Visits From the Ghosts of Claims Past and Claims Future

Cybersecurity awareness month is nigh upon us again, and thus perspective is in order. 2016 brought us the first collection and analysis of the nascent claims history of the burgeoning cyber-insurance market. On August 27,...more

White House Investigating Data Breach of First Lady’s Passport

It has been reported that the White House is investigating a hacking of the Gmail account of a contract worker who was working on the First Lady’s advance team responsible for logistics. The hacking included emails from...more

U.S. Senators Want Answers: Yahoo’s Unacceptable Delay In Data Breach Announcement

The aftermath of Yahoo’s data breach has raised a number of questions from customers, law enforcement, and most recently six U.S. Senators. Yesterday, Senators Patrick Leahy, Al Franken, Elizabeth Warren, Richard...more

Breach Notification law: Yahoo’s Breach and the Duty to Disclose

Last week, Yahoo disclosed that in 2014 it suffered one of the largest data breaches in history, with at least 500 million Yahoo accounts compromised.  Given the timing of its acquisition deal with Verizon, Yahoo has been...more

Yuba Sutter Medical Center Hit With Ransomware

Yuba Sutter Medical Center in California (Yuba Sutter) has notified its patients that it has suffered a recent ransomware attack that caused parts of its network to be incapacitated. As a result, patient files were unable to...more

5 Questions to Help Prepare for a Ransomware Attack

The news has been filled this year with reports of ransomware attacks against companies and government agencies, including even law enforcement. Ransomware refers to a type of malware that encrypts or otherwise restricts...more

Aravind Swaminathan Weighs in on Proposed Cybersecurity Regulations for Financial Institutions

Aravind Swaminathan, global co-chair of Orrick’s Cybersecurity & Data Privacy team, recently spoke with Global Investigations Review regarding new plans proposed by New York’s Department of Financial Services that will...more

Four States Expanded Employer Data Breach Notification Obligations in 2016

With over 680 security breaches reported so far in 2016, more employers are being forced to confront the issue of how to respond to a breach. All states except Alabama, North Dakota and New Mexico now require notification...more

Your daily dose of financial news - The Brief – 9.23.16

Well, see, Yahoo just doesn’t have enough on its plate these days. So why not the revelation that hackers stole data on 500 million users in 2014? The hack—thought to be a state-sponsored affair—is likely the biggest data...more

Privacy Tip #53 – Valuable Lesson: Don’t Write Down Passwords

I have been doing a lot of live employee training lately. I really enjoy it, and have been told that it is some of the most entertaining training around. The reason why I can get the audience to laugh is because I tell real...more

6th Circuit “Stands” Up for Plaintiffs in Data Breach Suit

A recent decision by the U.S. Sixth Circuit Court of Appeals lowers the threshold for standing in data breach cases, giving data breach victims an easier path to sue the companies from which their data was stolen. Adam Frey...more

Accountant and Attorney Liability Newsbrief - Fall 2016

Massachusetts recently amended its pay equity statute, which substantially enforces the protections of the Massachusetts Equal Pay Act. These changes will go into effect in July 2018. The prohibitions against discriminating...more

Cyber Alert: Security Vulnerabilities: You Don’t Need a Breach to Face Regulatory Scrutiny

Those who track newsworthy data breaches and other cybersecurity incidents know what type of fallout to expect from these events. Class action lawsuits from consumers, shareholders and financial institutions are now not an...more

Don’t Ignore Ransomware Vulnerabilities; You Could Be Violating FTC Act

Last week, the Federal Trade Commission convened a ransomware workshop to discuss the rising epidemic of attacks against U.S. businesses and individuals. In a ransomware attack, a malicious actor tricks a user into...more

Privacy & Cybersecurity Update: New York State Proposes Cybersecurity Regulation for Financial Institutions

New York state has proposed a new regulation — to go into effect January 1, 2017 — that would require banks, insurance companies and other financial services institutions regulated by the New York State Department of...more

Business Viewpoint with Tom Vincent: Early investments can pay off in protecting company information

A breach of a company’s information security, and the theft or loss of sensitive data, can be very expensive. These costs can often be reduced, however, by making investments in the security of the company’s information – and...more

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