News & Analysis as of

Cyber Crimes Bitcoin

$10 domain name halts spread of WannaCry ransomware

by Hogan Lovells on

A major global ransomware attack going by the name of WannaCry was recently short circuited by the registration of a single domain name costing just over $10. The unregistered domain name consisting of random characters was...more

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

WannaCry Ransomware Update 16 May 2017

This is an update to our 15 May 2017 e-mail regarding WannaCry ransomware, also known as WannaCry, Wry, WanaCrypt0r, Wannacrypt, Wanna Decryptor, etc....more

WannaCry Ransomware Attack: What Happened and How to Address

by Seyfarth Shaw LLP on

Recently, a widespread global ransomware attack has struck hospitals, communication, and other types of companies and government offices around the world, seizing control of affected computers until the victims pay a ransom. ...more

A Closer Look: Practical Tips to Managing a Ransomware Attack Part 2

by McGuireWoods LLP on

Part 1 of this two part series laid out the state of the industry regarding ransomware. In Part 2, this post will examine what steps to take, or not to take, during and after a ransomware attack. “We’ve Been Hit – Now...more

Government Investigations: Use of the Financial Crimes Enforcement Network and Virtual Currency

by Moskowitz LLP on

Since 2009, the US Department of Justice has implemented an aggressive anti-tax evasion strategy that has changed by targeting tax havens that host financial intermediaries (i.e., banks) to the financial intermediaries...more

Blog: European Parliament: Opinion on virtual currencies – regulation’s on its way (part 2)

by Cooley LLP on

The European Parliament’s Internal Market & Consumer Protection Committee has published an Opinion about virtual currencies. In the Opinion, which was prepared by rapporteur Ulrike Trebesius, the Committee calls on the...more

Latest "Ransomware" Attack Affects Hospital Data – How Secure Are Your Patient Data?

by Williams Mullen on

Several high-profile attacks on health insurance companies and health systems have taught us that health care entities are vulnerable to hackers, who hope to make substantial profit on pilfered health information. The recent...more

Don’t Get Locked Out: Is Ransomware a Threat to Your Business?

by Carlton Fields on

Ransomware is a type of malware that locks access to a computer and its drives. Many forms of ransomware take complete control of the computer system, encrypt all of the files, and deny access to the system and any files...more

Bitcoin Week in Review 09.12.15 – 09.18.15

by Perkins Coie on

Below is a summary of some of the significant legal and regulatory actions that occurred over the past week. This alert is not intended to be a comprehensive list of all such developments, but rather a selection of...more

Bitcoins: Online Currency’s Uncharted Frontier

by Ifrah PLLC on

Bitcoin – it sounds like a token you might use to play skeeball at a beachside arcade. It is actually a relatively new, virtual online “currency” being used for payments across the Internet. While some observers have noted...more

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Cybersecurity

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