News & Analysis as of September 20, 2024

Cybersecurity › Cyber Attacks › Risk Assessment

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Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk... more +

Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk management, global regulations, data protection, leaks, hacking, cyber insurance, compliance, HIPAA, and every other aspect of cybersecurity of import to corporate readers right now. less -

Benefits of a vCISO in the Age of AI-Driven Cyberattacks

J.S. Held on 9/4/2024

Cyberattacks powered by artificial intelligence have become more sophisticated as bad actors utilize machine learning to analyze vulnerabilities, automate exploits, and outpace traditional security measures. Through the use...more

Managing Cybersecurity Risk for Family Offices and Businesses

Warner Norcross + Judd on 8/27/2024

Whether caused by family member thoughtlessness, employee error or the acts of a skilled data thief, everyone is likely to be the victim of an information breach at some point. A cyberattack on a family office or family...more

National Public Data Hack Exposes Millions: Essential Steps to Safeguard Your Identity and Combat Fraud

Foley & Lardner LLP on 8/26/2024

The recent massive data breach at National Public Data (NPD), a background check company, has potentially compromised the personal information of millions, if not billions, of individuals, including their Social Security...more

Dechert Cyber Bits - Issue 59

Dechert LLP on 8/2/2024

U.S. Court Axes Most of SEC's SolarWinds Data Breach Suit - The U.S. District Court for the Southern District of New York recently dismissed much of the U.S. Securities and Exchange Commission’s (“SEC”) suit against...more

What Goes Around Comes Around: The Resurgence of Data Breach Class Actions

Foley & Lardner LLP on 7/23/2024

Data breach class actions are again on the rise, with a recent report by Lex Machina confirming what many cybersecurity practitioners have seen first-hand over the last two years. The findings also reaffirm longstanding best...more

How Bad Is It Out There? Our Thoughts on Verizon’s 2024 Data Breach Investigations Report (DBIR)

Wiley Rein LLP on 7/15/2024

Verizon released its Data Breach Investigations Report (DBIR) for 2024, an annual treat that highlights some trends companies should be aware of as they manage their cybersecurity programs and respond to and anticipate new...more

The State of Cybersecurity for Small and Medium Businesses

NAVEX on 7/9/2024

Fragile or volatile supply chains, increases in regulatory obligations and enforcement, natural disasters, inflation, political turmoil – all complicated issues for any business to navigate. Among the myriad business...more

Cyberattacks Against U.S. Water Supplies on the Rise: EPA Urges Utilities to Fortify Defenses

McGlinchey Stafford on 6/3/2024

The increasing threat of cyberattacks against U.S. water supplies has raised significant concerns among federal officials, who emphatically stress the need for utilities to bolster their cybersecurity measures. A recent...more

The Digital Download – Alston & Bird’s Privacy & Data Security Newsletter – May 2024

Alston & Bird on 5/13/2024

Selected U.S. Privacy and Cyber Updates - CISA Posts Notice of Proposed Rulemaking Under CIRCIA - On March 27, 2024, the Cybersecurity and Infrastructure Security Agency (CISA) published a notice of proposed rulemaking (NPRM)...more

Don't Be the Weakest Link – Your Team's Crucial Role in Cybersecurity

NAVEX on 5/3/2024

Cybersecurity success depends on more than just technology. As we’ve seen in part one and part two of this series on cybersecurity risk, the costs of a cyber attack are high – and bad actors always look for the easiest entry...more

Immediate vs. Slow Burn Risks: A Balanced Cybersecurity Strategy

NAVEX on 4/25/2024

The consequences of a cyberattack can be catastrophic, as we saw in the previous blog of this series. Cybersecurity is a business-wide responsibility that demands a proactive strategy extending far beyond technical solutions...more

Ambient Light Sensors to Malware Threats: MIT Unveils Smartphone Privacy Risks Amid Market Turbulence

HaystackID on 4/24/2024

Editor's Note: In a significant study from MIT's CSAIL, researchers have unveiled vulnerabilities in smartphone ambient light sensors, highlighting them as potential channels for privacy breaches. This discovery underscores...more

Defending Your Law Firm Against Cyber Threats

Guidepost Solutions LLC on 4/9/2024

In an increasingly digitized world, law firms are prime targets for sophisticated cyber threats that can result in substantial financial losses and reputational damage. Recently, a prominent law firm, esteemed for its...more

Treasury Department Warns Financial Institutions to Prepare for AI-Age Fraud — AI: The Washington Report

Mintz - Antitrust Viewpoints on 4/5/2024

Pursuant to President Biden’s October 2023 AI executive order, the US Department of Treasury (Treasury) released a report on cybersecurity risks in the financial services sector in March 2024. While recognizing the...more

Employees’ Misdeeds, Lack of Risk Analysis Cost NY Hospital $4.75M; OCR Issues Warning

Health Care Compliance Association (HCCA) on 3/12/2024

Although the HHS Office for Civil Rights (OCR) described its recent $4.75 million agreement with a Bronx, New York, hospital as settling a “malicious insider cybersecurity investigation,” the agency considered a total of 11...more

HHS’ Civil Rights Office Reaches Second-Ever Ransomware Settlement

Paul Hastings LLP on 3/5/2024

The Department of Health and Human Services (HHS), Office for Civil Rights (OCR) recently announced a settlement under the Health Insurance Portability and Accountability Act (HIPAA) with Green Ridge Behavioral Health, LLC...more

Top ten cybersecurity tips for organizations during the holiday season

Constangy, Brooks, Smith & Prophete, LLP on 12/18/2023

‘Tis the season for the hustle and bustle of year-end holiday activities. With that comes the increased risk of cybercriminals exploiting the season to find vulnerabilities. This includes taking advantage of increased online...more

Evolution of the Chinese Hacking Threat: Risks for Government and Industry

Bradley Arant Boult Cummings LLP on 12/8/2023

On May 24, 2023, Microsoft announced the detection of a direct threat to critical infrastructure organizations in Guam and elsewhere in the United States. The alert attributed observed malicious activity to a state-sponsored...more

New York May Be Paving the Way for State-level Cybersecurity Regulations on Health Care Facilities

Cozen O'Connor on 11/29/2023

Last month, a cyberattack forced two New York hospitals to divert and even discharge some patients to other facilities, while the affected hospitals shut down their IT systems to address the issue and restore their secure...more

SEC Turning Up the Heat: SolarWinds and Its CISO Charged with Fraud Regarding Cyber-related Disclosures

Akin Gump Strauss Hauer & Feld LLP on 11/22/2023

Key Takeaways - With the SolarWinds enforcement action, the SEC continues to ratchet up its enforcement against companies that fail to properly disclose their cybersecurity incidents and risks. By naming the SolarWinds CISO...more

EPA ‘Deletes’ Cybersecurity Safe Drinking Water Initiative

Goldberg Segalla on 10/19/2023

In the 1970’s, a series of tests of community water systems across the country led to some disturbing findings; varied standards of water containment, transmission, and handling were resulting in substantial health risks to...more

Privacy Briefs: October 2023

Health Care Compliance Association (HCCA) on 10/6/2023

Report on Patient Privacy 23, no. 10 (October, 2023) Kaiser Foundation Health Plan Inc. and Kaiser Foundation Hospitals will pay California $49 million to resolve allegations that they unlawfully disposed of hazardous waste,...more

Critical Issues in Cyber Incident Response: What Happens After a Ransom Payment is Made

J.S. Held on 10/5/2023

Ransomware trends – specifically related to frequency, cost, and payout – should no longer surprise us. We depend on technology more and more, integrating it into every aspect of our lives. As for data management, there is...more

GAO Calls for Better Info-Sharing by ONCD and CISA After Cyberattacks; May be Inconsistent with New Mandates

Wiley Rein LLP on 10/5/2023

Information sharing has seemed like the “holy grail” of federal cyber policy: sought after but elusive, especially to those who think it will solve their problems. At a time of increased regulation and looming mandates for...more

Importance of Protecting Employee Information as Privacy and Cybersecurity Laws Proliferate

Jackson Lewis P.C. on 10/3/2023

Most human resources professionals are concerned about the privacy and security of the vast amounts of personal information they manage. This article discusses steps to consider taking against the challenges. Deluge of...more

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