News & Analysis as of

Malware

It's Not About The Money: Prepare For "Destruction Of Service" Attacks

by Fox Rothschild LLP on

Computer networking giant Cisco says the recent WannaCry and Petya/NotPetya incidents signal the advent of a new generation of cyberattacks that is aimed more at mass disruption than financial gain. The new breed of...more

National Cyber Security Alert

by Clark Hill PLC on

The continuing increase of cyber-crime and the almost daily reports of hacking attacks against businesses, government agencies, and citizens highlight the persistence of this escalating national security and corporate threat....more

Law Firms’ Data Duty: Protecting Client Information From Cybercriminals

by McGuireWoods LLP on

July 1, 2017 The impact from the recent Petya/NotPetya ransomware attack — or what was reported as a ransomware attack but now appears to be something even more damaging — continues to spread around the globe, with several...more

Stats plus Security = A winning formula

Notwithstanding the glitz and glamour of multi-millionaire race drivers and champagne, Formula One is all about data. Analytics are fundamental to understanding Formula One races. Teams are fueled by data, and around every...more

HIPAA in the Age of Ransomware

According to a recent US Government Interagency report, ransomware is the fastest growing malware threat, targeting users of all types, including health care facilities. This past spring, for example, the WannaCry ransomware...more

Timely Reminder: Lawyers’ Ethical Obligations and Technology

by Morgan Lewis on

In June 2017, companies, government entities, and law firms faced a global ransomware attack from a type of malware where attackers lock certain data or components of a system and demand payment in exchange for returned...more

Law Firms Beware – Ransomware: 9 Tips To Avoid Cyber Attack

by Kramm Court Reporting on

Upon listening to a panel of cybersecurity experts, I came to the conclusion that law firms and court reporting firms are vulnerable to the most prevalent cyber attack, ransomware. Ransomware is defined as “a type of...more

Increasingly Sophisticated And Damaging “NotPetya” Cyber Attack Highlights Importance Of Timely Update

by King & Spalding on

Last Tuesday morning, June 27, 2017, a version of the “Petya” malware attack—dubbed “NotPetya”—hit several multinational companies in a variety of industries. This is the second major cyber attack in just two months following...more

Training Employees Can Be Key To Avoiding Cyberattacks

by Fox Rothschild LLP on

A massive cyberattack was in the news again last week. This latest ransomware – dubbed “Petya” – crippled consumer product companies, transportation companies, law firms, and many other types of businesses worldwide. It is...more

What Lawyers Should Know To Avoid Online Scams

According to a February 2017 American Bar Association press release, “cyber-related risks have escalated based on the sensitivity and nefarious uses of that data. Last year, for example, the Manhattan U.S. attorney’s office...more

Cyber Risk News & Trends

Cybersecurity This Month: Employment - The global “WannaCry” ransomware attack that peaked last week as well as the growing threat of Adylkuzz, another new piece of malware, illustrate a basic problem that will only...more

Preparing For and Responding to the Petya Ransomware Attack

While still reeling from last month’s WannaCry attack, organizations worldwide were hit with another global ransomware attack this week, June 27, 2017. The infection began inside the Ukraine but has quickly spread across four...more

New Tool to Detect Ransomware May Prevent a Cyber Catastrophe

by Zelle LLP on

We here in the CAT – Law pressroom occasionally come to have a dispirited world view due to our constant and laser-like focus on the topic of catastrophes. However, our Magic 8 Ball has been saying “it is most probable”...more

Answers About The Most Recent Worldwide Ransomware Attack

by Fox Rothschild LLP on

Yesterday's worldwide cyberattack once again exploited a vulnerability that has been known to experts for many months. These attacks are sure to continue and the best defense is knowledge. Awareness of how malware works and...more

Deja Vu All Over Again: Massive Ransomware Attack Underway

A mere month and a half after the WannaCry strain of ransomware caused major havoc in European and Asian countries, another major ransomware attack hit large institutions across Europe and the United States yesterday. ...more

Fenwick Privacy Bulletin - Summer 2017

by Fenwick & West LLP on

In This Issue - Ransomware Advisory - The WannaCry ransomware attack that began on May 12 infected 230,000 computers in more than 150 countries within a few days. The scope of the attack was unprecedented—which is just one...more

Ransomware Cyber Attack Shuts Down the Computer Systems of Airlines, Banks, Utilities and a Major Global Law Firm. Are You...

by Reed Smith on

On June 27, 2017, multiple news sources are reporting that a ransomware attack called Petrwrap/Petya reportedly immobilized the computer network of multiple international businesses, including those of a major global law...more

Ransomware: How Can You Fight Back?

by Fox Rothschild LLP on

Ransomware is back in the news. Yet again, massive and not-so-massive corporate enterprises find themselves at risk of having their computer systems and records held hostage to internet raiders. And, in an added twist, this...more

Massive Cyberattack Developing Worldwide

by McGuireWoods LLP on

Several cybersecurity firms and news outlets are reporting a new major cyberattack spreading across the globe. The attack, which is still developing and appears to have hit the UK first, is being described as a “global...more

2017 Security Breaches: Frequency and Severity on the Rise

by Revision Legal on

We are only six months into 2017, and we can already tell that it is going to be a bumper year with regard to instances of data security breaches. Looking back at the hacking statistics from 2015 and 2016, we should not be...more

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

U.S. House Holds Hearing On WannaCry Cyberattack

by King & Spalding on

On June 15, 2017, the U.S. House Committee on Science, Space, and Technology (the “Committee”) held a hearing on the recent WannaCry ransomware attack. The hearing was convened jointly by the Subcommittee on Oversight and...more

Over 80 Percent of Hacking Related Breaches Were Related to Password Issues: Cybersecurity Trends

by CloudNine on

I’ve referred to last year’s Verizon Data Breach Investigations Report (DBIR) in several webcasts lately (including this one) and realized that this year’s report should have already come out by now. Sure enough it has,...more

“Fireball” Malware a Threat to Health Care Industry

A new report released by Check Point has security personnel working in the health care industry particularly concerned and they are warning their colleagues about the existence of “Fireball.”...more

Data Privacy + Cybersecurity Insider - June 2017

by Robinson & Cole LLP on

The American Institute of CPAs (AICPA), has released a risk management reporting framework intended to "establish a common, underlying language for Cybersecurity risk management reporting — almost akin to US GAAP or IFRS...more

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Cybersecurity

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