News & Analysis as of

Hackers Fraud Cyber Attacks

Foley & Lardner LLP

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

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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

Kohrman Jackson & Krantz LLP

Victims of Concealed Online Attacks in Ohio Now Have More Time to File Suit

Last week, the Ohio Supreme Court ruled that victims of anonymous online attacks have an extension of time to file a lawsuit, holding that they can file a suit one year from date the targeted publication is discovered. This...more

Ervin Cohen & Jessup LLP

Companies That Pay Hackers May Be Able to Recoup Their Losses

Where companies are victimized by ransomware or email scams, their losses arise from payments made by an officer or employee of the company. In the case of ransomware, a company’s files are held hostage pending payment...more

Clark Hill PLC

Direct Means Proximate? Oregon District Court Holds Ransomware Payment Is a Direct Loss

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In yet another troubling decision to the crime insurance industry, on Dec. 6, a federal district court, applying Oregon law, found coverage for a ransomware payment under a Computer Fraud insuring agreement. Yoshida Foods...more

Robinson+Cole Data Privacy + Security Insider

Chinese-Based Hackers Alleged to Have Stolen $20M in COVID-19 Relief Fraud Schemes

According to NBC News and Reuters, the United States Secret Service confirmed that hackers from APT41, a criminal cyber-hacking group linked to the Chinese Communist Party, stole “at least $20 million in U.S. Covid Relief...more

Dorsey & Whitney LLP

Forestall Phishing Forays with Sophisticated Domain Name Watching

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With the holiday season upon us and online goods and services flying off the virtual shelves, companies should not lose sight of the increased risk of phishing and cyberattacks. Society’s reliance on online commerce means...more

Dechert LLP

Dechert Cyber Bits - Issue 21

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US Federal Appellate Court Issues Opinion on Proof of Injury in Data Breach Cases - On September 2, 2022, the U.S. Court of Appeals for the Third Circuit reinstated a class action lawsuit that had previously been dismissed...more

Smith Gambrell Russell

FBI Goes After Cyber Criminals With RAT

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Did you know that the FBI has an Internet Crime Complaint Center called IC3? And did you know that IC3 has a Recovery Asset Team called RAT that, in 2021 alone, used its Financial Fraud Kill Chain (FFKC) to successfully...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - December 2021 #3

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CYBERSECURITY - New Jersey Settles with Cancer Center Over Business Email Compromise - One of the challenging things about HIPAA (Health Insurance Portability and Accountability Act) enforcement is the fact that both the...more

Clark Hill PLC

Hackers Targeting Insurance Instant Quote Sites

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The New York Department of Financial Services issued a cybersecurity fraud alert (“Alert”) to all regulated entities, particularly those utilizing public-facing websites that display nonpublic information (“NPI”), even if...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #256 – COVID-19 Scams Continue to Plague U.S. Public

It has been widely reported that hackers are taking advantage of the pandemic to perpetrate scams and frauds. We have seen attacks against workers of companies through phishing emails that include an attachment or link...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - October 2020

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CYBERSECURITY - OFAC Issues Advisory on Sanctions 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...more

Furia Rubel Communications, Inc.

Cybersecurity: How to Protect Yourself and Your Company

Just recently, Equifax had the largest-ever settlement for a data breach. They are to pay at least $575 million, and potentially as much as $700 million, to settle allegations over its massive 2017 data breach. What we tell...more

Whitman Legal Solutions, LLC

Fraud and Forgery: From Vintage Violins to Today’s Real Estate Transaction

Fraud has a long history. In a recent blog in the Orchestrating Real Estate Series, New Things to Consider in Section 1031 after the Tax Cut and Jobs Act of 2017, I discussed how famous violin maker Jean-Phillipe...more

Robins Kaplan LLP

Lessons from the Wells Fargo Scandal

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Financial institutions must meet standards for safeguarding customer data given the particularly sensitive information they hold, and regulators have been stepping up their efforts to provide guidance on just how they must do...more

King & Spalding

Another Cyber Coverage Gap? Some Carriers Resisting Coverage Of Commercial Cyber Fraud

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In the fast-developing world of cyber threats and corresponding cyber coverage, at least two insurance carriers are pushing back against covering losses arising out the transfer of funds to cyber fraudsters after employees...more

Robinson+Cole Data Privacy + Security Insider

Sony will pay up to $4.5M to settle data breach case with employees and up to $3.49 in attorneys’ fees for plaintiffs’ attorneys

Sony Pictures (Sony) agreed on Monday (October 19, 2015) to pay at least $2M and up to $4.5M to employees whose personal information was breached and posted online during the massive hack that hit Sony in 2014....more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #4—What do I do when I get a letter informing me of a data breach?

We’ve all gotten them–the dreaded letter that informs us that our data has been compromised, including our Social Security number. Some have received so many of these “notifications” that they are de-sensitized, throw their...more

Robinson+Cole Data Privacy + Security Insider

Hilton Hotel Properties investigating possible credit card breach

It has been reported that Hilton Hotel Properties (Hilton), including Embassy Suites, Doubletree, Hampton Inn and Suites and Waldorf Astoria is investigating credit card fraud alerts from banks, which have been alerted by...more

McNees Wallace & Nurick LLC

3rd Circuit Says: FTC Can Take Action Against Companies That Suffer Data Security Breaches

Companies can be fined by the federal government for failing to properly safeguard consumer data, according to a decision this week by Pennsylvania's federal appellate court....more

Robinson+Cole Data Privacy + Security Insider

IRS admits 334,000 victims of fraudulent tax refunds due to security flaws on website

Not only did the IRS lose a flash drive with 12,000 school worker’s Social Security numbers on it in Texas, it admitted on August 17th that its initial estimate that 110,000 taxpayers’ personal information was used to file...more

Robinson+Cole Data Privacy + Security Insider

25 year old sentenced to 13 years for hacking data broker databases

The Department of Justice has announced that 25 year old Hieu Minh Ngo has been sentenced to 13 years in prison. His sentence was lighter than expected because he has cooperated with authorities to catch more identity...more

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