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Cyber Crimes Cybersecurity National Security

Wiley Rein LLP

DOJ Kicks Off Work to Regulate Foreign Access to Sensitive Personal Data Under New EO

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On March 5, 2024, the Department of Justice (DOJ) issued an Advance Notice of Proposed Rulemaking (ANPRM) regarding Access to Americans’ Bulk Sensitive Personal Data and Government-Related Data by Countries of Concern. The...more

Jackson Lewis P.C.

President’s Executive Order Seeks to Protect Certain “Bulk Sensitive Personal Data” from “Countries of Concern”

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On February 28, 2024, President Biden issued an Executive Order (EO) seeking to protect the sensitive personal data of Americans from potential exploitation by particular countries. The EO acknowledges that access to...more

Morrison & Foerster LLP

BIS Proposes Rule to Address Challenges of Artificial Intelligence and Malicious Cyber-Enabled Activities

On January 29, 2024, the Department of Commerce’s Bureau of Industry and Security (BIS) issued a proposed rule to prevent foreign actors from using U.S. cloud computing services for malicious cyber activities. The proposal...more

Foodman CPAs & Advisors

Estafas Navideñas Impulsadas Por La Inteligencia Artificial

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El 22/11/23, la Oficina de Ciberseguridad y Protección de Infraestructura Crítica del Departamento del Tesoro de los EE. UU. publicó un Aviso que brinda consejos a los consumidores para evitar convertirse en víctimas de...more

Foodman CPAs & Advisors

Holiday Scams Propelled By Artificial Intelligence

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On 11/22/23, the U.S. Department of the Treasury’s Office of Cybersecurity and Critical Infrastructure Protection office released an advisory providing tips to consumers to avoid becoming the victim of cyber or online...more

Foley & Lardner LLP

Recommendations for Managing Cybersecurity Threats in the Manufacturing Sector

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In the hyper-connected era of smart manufacturing, accelerated by “Industry 4.0,” the manufacturing sector is undergoing a digital revolution. By leveraging technologies such as advanced automation, artificial intelligence,...more

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

CISA and Partners Update the #StopRansomware Guide, Developed through the Joint Ransomware Task Force

On May 23, 2023, CISA, the Federal Bureau of Investigation (FBI), the National Security Agency (NSA), and the Multi-State Information Sharing and Analysis Center (MS-ISAC) published an updated version of the #StopRansomware...more

BakerHostetler

Key Takeaways from the US National Cybersecurity Strategy

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The White House recently released its much-awaited National Cybersecurity Strategy (the Strategy), which highlights the Administration’s cybersecurity policy development over the past two years and outlines critical...more

K2 Integrity

The North Korean Crypto Threat

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Executive Summary - The North Korean threat to the crypto ecosystem is the highest form of immediate risk to the crypto-economy driven by a regime that seeks to profit from its misuse to reinforce its regime and fuel all its...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - October 2022 - OFAC Reissues Cyber-Related Sanctions Regulations

An inherent aspect of any new technology is that it doesn’t take long for bad actors to figure out how it can be weaponized for nefarious purposes. Cyber-related technologies represent an increasingly dangerous area of risk...more

Wiley Rein LLP

2022 Cyber Watch List: A look at 2021 and What’s to Come in the Year Ahead

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Privacy In Focus®- In 2021, cyber gained prominence as a top business risk and national security concern with ransomware attacks wreaking havoc on business operations and critical infrastructure. Companies large and small,...more

Health Care Compliance Association (HCCA)

To Combat Cyber Crime, White House Initiative Promises Tools; Some Seek Funding, New Laws

Report on Patient Privacy 21 no. 9 (September, 2021) - As ransomware attacks become epidemic and breaches get larger, the Biden administration is partnering with private industry to bolster security and education in an...more

Foley & Lardner LLP

New FinCEN Anti-Money Laundering Priorities

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Financial Crimes Enforcement Network (FinCEN) remains committed to combating money laundering, in all forms, in connection with the banking and financial systems. To this end, on June 30, 2021, FinCEN issued new...more

Faegre Drinker Biddle & Reath LLP

Federal Legislation Considers Banning Ransom Payments to Hackers

The year 2021 continues to reveal an alarming rise in ransomware attacks. Two of the most notable of such attacks include the ransomware attack on CNA Financial Corp., with resulting payment of $40 million in ransom, and the...more

Wiley Rein LLP

Biden’s Cyber EO Aims to Improve Federal Security and Move Private Sector

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On May 12, 2021, President Biden issued the long-expected Executive Order on Improving the Nation’s Cybersecurity (“EO” or “Order”). The EO comes amidst a series of high-profile cyber-attacks on the Nation and its critical...more

Alston & Bird

U.S. Takes Unprecedented Action to Disrupt State-Sponsored Exploitation of Microsoft Exchange Zero-Day Vulnerabilities

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On April 13, 2021, a federal district court granted a motion to partially unseal an FBI application and search warrant following the successful conclusion of an FBI operation to eradicate malicious web shells placed on...more

Manatt, Phelps & Phillips, LLP

Insider Cyber Threats From Outside the Office

Insider threats continue to be pervasive and real. Last month’s indictment of a Russian national accused of conspiring to recruit a U.S. company’s employee to carry out a cyberattack is a sharp reminder of that. According to...more

Jones Day

FinCEN Issues Guidance on Ransomware Attacks

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The prevalence, sophistication, and severity of ransomware attacks have increased anti-money laundering risks faced by financial institutions both as targets of ransomware attacks and as potential intermediaries in...more

Alston & Bird

DOJ Announces Indictment of Russian Hackers for Destructive Cyber-Attacks, Including Deployment of NotPetya and Olympic Destroyer...

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On October 19, 2020, the Department of Justice (DOJ) announced that six Russian GRU officers had been charged in connection with a series of destructive cyber-attacks that affected victims around the globe and caused billions...more

Cozen O'Connor

Happy Cybersecurity Awareness Month: OFAC and FinCEN Issue New Advisories on Ransomware Payments

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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN) kicked off National Cybersecurity Awareness Month with a pair of advisories relating to...more

Neal, Gerber & Eisenberg LLP

Potential Sanctions Risks for Facilitating Ransomware Payments

On October 1, 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory to highlight the sanctions risks associated with ransomware payments related to malicious cyber-enabled...more

Lowndes

Dear Ransomware Victim and Your Accountants, Attorneys and Forensic Specialists: The Government Just Made Your Life Harder

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By now, most everyone knows that ransomware is software that infects your computer system, makes your data irretrievable and usually breaks things along the way. To unlock your system, the bad guys (or girls) demand you pay a...more

Bilzin Sumberg

OFAC Issues Regulatory Advisory Warning Against Facilitating Ransomware Payments

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On October 1, 2020, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) issued an “Advisory on Potential Sanctions Risks for Facilitating Ransomware Payments.” The Advisory, which does not carry the...more

Hogan Lovells

Treasury Department issues ransomware guidance in response to significant uptick in ransomware attacks

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In response to the significant rise in ransomware attacks since the start of the COVID-19 pandemic and just in time for Cybersecurity Awareness Month, the Department of the Treasury’s Financial Crimes Enforcement Network...more

Manatt, Phelps & Phillips, LLP

An Intersection Between Ransomware and U.S. National Security: OFAC Speaks

Picture this: At some point in the next six months, you lose access to your files. Even worse, your company loses access to its files. And you are told that if you want access to them again, you will have to pay a sizable...more

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