News & Analysis as of

Cyber Threats

Malware Capable of Shutting Down Electric Grids Confirmed

by Hogan Lovells on

Malware was recently identified that appears to have been designed and deployed by a nation-state to target and shut down electric grids. According to published reports, this malware currently appears to be capable of...more

Filling in the Gaps on Medical Device Cybersecurity

by Hogan Lovells on

Cybersecurity has become a hot button topic for many in the medical device industry following the announcement of several high-profile medical device vulnerabilities and in light of the recent WannaCry ransomware attack that...more

The Internet of Things: A Trifecta of Cyber and Physical Threat Risks

by Wilson Elser on

The recent WannaCry ransomware cyberattack provided another chilling reminder of the potential disruptive power behind the Internet of Things. Even before the WannaCry attack in May 2017, a distributed-denial-of-service...more

Global Privacy & Cybersecurity Update Vol. 14

by Jones Day on

New York Attorney General Announces Record Number of Data Breach Notices in 2016 - On March 21, 2017, the New York Attorney General's Office announced that it received 1,300 reported data breaches in 2016—a 60 percent...more

Banking on IT

by Latham & Watkins LLP on

The European Banking Authority (EBA) has published its consultation document on security measures for operational and security risks under the revised Payment Services Directive (PSD2). The WannaCry ransomware attack that...more

HHS Issues Cyber Threat Warning to US Hospitals and Medical Providers

by Davis Brown Law Firm on

In light of last week’s ransomware attacks overseas targeting hospitals and other providers, HHS is notifying providers in the United States of a warning issued by the United States Computer Emergency Readiness Team (US-CERT)...more

WannaCry Ransomware Cyberattack Raises Legal Issues

by Morgan Lewis on

The recent cyberattack highlights the need for firms to engage in proactive prevention and protection. Ransomware (malware that encrypts data pending an extortion payment) is a recurring cyber threat that is growing more...more

Deeper Dive: Ransomware – WannaCry and the Future of Ransomware-as-a-Service

by BakerHostetler on

In our 2017 BakerHostetler Data Security Incident Response Report, we addressed the increasingly ubiquitous scourge of ransomware, one of the fastest-growing types of malware causing data security incidents. We noted that...more

ABA Issues Opinion on Use of Email for Lawyers

On May 11, 2017, The American Bar Association (ABA) updated its 1999 opinion regarding lawyers’ use of email for communication. Although many state bar associations have issued opinions on electronic communications and the...more

Take-Aways from WannaCry

We have read multiple reports on WannaCry and if you are reading this and don’t know what WannaCry is, Google it for the background story. The clear message is this is not the last major attack we will see, and future attacks...more

White House Issues New Cybersecurity Executive Order

by Ballard Spahr LLP on

President Trump recently signed the Presidential Executive Order on Strengthening the Cybersecurity of Federal Networks and Critical Infrastructure. The Order sets forth the Trump Administration's policy for cybersecurity of...more

Is Your Organization Ready for a Systemwide Ransomware Attack?

by Ballard Spahr LLP on

Ransomware attacks just went big time. In a period of mere hours late last week, a global ransomware attack infected more than 200,000 computers and affected more than 100,000 organizations in over 150 countries. To put this...more

WannaCry Ransomware Attacks Should Be a Wake-Up Call for Cybersecurity Diligence

Last week’s massive ransomware attack should serve as a wake-up call that companies across all industries and regions must take the threat of global cyber attacks seriously. Although investigators are still uncovering...more

President Trump Signs Executive Order Holding Agency Directors Accountable for Cybersecurity

Five months after rejecting a less detailed executive order on cybersecurity, Trump signed one on May 11, 2017 (Order). The Order notifies federal agencies that the “President will hold heads of executive departments and...more

White House Releases Cybersecurity Executive Order

by Davis Wright Tremaine LLP on

On May 11, 2017, the White House released its long-awaited Executive Order on cybersecurity (EO). The EO directs Executive Branch agencies to develop plans to assess and improve the cybersecurity of their own operations,...more

New ABA Opinion – Attorneys Must Take Reasonable Cybersecurity Measures To Protect Client Data

by Dentons on

On May 11, 2017, the American Bar Association (ABA) issued Formal Opinion 477, making clear that a lawyer may transmit information relating to the representation of a client over the Internet without violating the Model Rules...more

Senate Committee Advances Cybersecurity Bill For Small Businesses

by King & Spalding on

The U.S. Senate will soon consider legislation aimed at providing simplified resources to help small businesses protect themselves and their customers from cyber threats. The bill, entitled the MAIN STREET Cybersecurity Act...more

Old Locky Ransomware Resurfacing Using PDFs—Alert Your Employees

We have previously reported on the vicious ransomware Locky and how it victimized companies throughout 2016. Although Locky quieted down in late 2016, according to researchers at Cisco Talos, Locky is perking up again in...more

Winery, Vineyard Cyber Attack Risk Grows With Web-Connected Systems

In the internet of things (IoT), new opportunities for efficiency continually bring new cyber risk. If a device in your winery or vineyard connects to the internet, it is vulnerable. And so is the rest of the system connected...more

FBI Warns of Cyber Threat in Healthcare Sector

The FBI is warning the healthcare sector of a new cyber threat. In a Notification issued last week, the FBI said that it is “aware of criminal actors who are actively targeting” protected healthcare information (“PHI”) and...more

Insider Threat Program Awareness Training Deadline - Cybersecurity and Privacy Team Alert

In May 2016, the Under Secretary of Defense for Intelligence issued a requirement for cleared government contractors to establish an “insider threat program” (ITP) to better protect national security networks from...more

Tennessee Adds New Encryption And Timing Requirements To Its Data Breach Notification Law

by Dentons on

On April 4, 2017, Tennessee Governor Bill Haslam signed into law an amendment to the state’s data breach notification law, making two substantive changes to the statute...more

[Webinar] Be Compromise Ready: Go Back to the Basics - May 9th, 12:00pm EDT

by BakerHostetler on

Cyber threats are here to stay. No company, large or small, is immune. But there are basic measures you can take to prepare for the legal and business risks associated with an attack....more

Lawmakers Push FCC To Confront Cell Phone Cyber Threats

by King & Spalding on

In a letter dated March 28, 2017, Senator Ron Wyden, D-Ore., and Representative Ted Lieu, D-Calif., urged the Federal Communications Commission (“FCC”) to address cybersecurity vulnerabilities in the cell phone industry,...more

Top cybersecurity developments in 2017 for ADG companies

by Hogan Lovells on

While all companies should be concerned with their cybersecurity posture, companies in the aerospace, defense, and government services (ADG) industry are potentially subject to greater risks due to the industry's highly...more

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Cybersecurity

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