News & Analysis as of

Phishing Scams

2017 Security Breaches: Frequency and Severity on the Rise (Updated)

by Revision Legal on

We periodically update this post with recent data breach statistics. Now that we’re into the final quarter of 2017, it’s time to look back at the largest data breaches of 2017. This was originally published in December,...more

Wire Fraud Scams and Corporate Email Attacks: Beware of Tricks, Not Treats, During Cyber Security Awareness Month

by Nutter McClennen & Fish LLP on

The U.S. Department of Homeland Security named October “National Cyber Security Awareness Month,” and has given it the not-so catchy acronym of NCSAM. Though one might quibble with the choice of name, the many spectacular...more

Protecting Your Digital Assets

Protecting your digital assets is as important as protecting your physical assets. Never think, “It won’t happen to me”—everyone has something that cyber criminals can steal. Stay secure by following a few basic guidelines....more

Aviation and Petrochemical Industries Subject to Hacking by Iran

Hackers working on behalf of the Iranian government have been targeting the aviation and petrochemical industries in the United States, Saudi Arabia, and South Korean since 2013, according to a report released by FireEye...more

When Technology Becomes Weaponized and the Target is You

by Shipman & Goodwin LLP on

“Technology is a wonderful thing but it’s scary when it’s weaponized against you.” The first sign that my wife’s identity and my own were under attack came innocently enough....more

Cybersecurity Best Practices

by Seyfarth Shaw LLP on

When you bring to mind someone “hacking” a computer one of the images that likely comes up is a screen of complex code designed to crack through your security technology. Whereas there is a technological element to every...more

Don’t Fall for a Scam: Trademark Owners Targeted

Owners of federal trademark registrations and applications have been continuously targeted by scam artists who pull owner names from the United States Patent and Trademark Office (USPTO) database and contact these owners...more

Vevo Hacked through LinkedIn Message

Vevo announced this week that it experienced an intrusion into its servers by the hacking collective OurMine, self-described as a white hat organization that informs individuals and organizations of potential security...more

Give Your Customers the Gift of Security

by Perkins Coie on

2017 has reminded us that data security threats continue to evolve and that the stakes for companies can be very high if their data security programs fail to evolve as well. Before the recent announcement of Equifax’s...more

After Equifax: What Should the Public Do?

As we have discussed in previous posts, Equifax Inc. suffered a cybersecurity breach potentially affecting 143 million individuals in the United States. Although Equifax’s investigation is ongoing, the data at risk includes...more

The Equifax Breach: Protecting Yourself Against Threats to Your Finances and Identity

On September 7, U.S. credit reporting agency Equifax reported that it had been hacked and more than 140 million people might have had their information stolen. The breach could have global implications: Equifax has stated...more

IRS Warns of Phishing Email Spoofing IRS and FBI

The Internal Revenue Service (IRS) has issued a warning alerting the public to a new email phishing scam that looks like a joint notice from the IRS and FBI about new tax laws....more

File Share Platforms and Business Risk

by Seyfarth Shaw LLP on

The use of open file sharing platforms in business continues to increase in 2017; Dropbox alone has over 200,000 active business accounts. Unfortunately, the convenience of these platforms and the increase in use by...more

Cyber Crime Pays! Different Attacks Have Different Values

by Miles & Stockbridge P.C. on

Cisco’s midyear report showed that CEO fraud netted cybercrime five times more money than ransomware over the last three years. CEO fraud is a scam in which cybercriminals spoof company e-mail accounts and impersonate...more

Privacy Perils: Calamity Con Men

by Bass, Berry & Sims PLC on

It is a sad fact of life that no misfortune is so bad that someone won't try to take advantage of it. Our hearts go out to the victims of Hurricane Harvey, and our gratitude to those offering help to those affected by the...more

Phishing in Flood Waters: Avoiding Hurricane Harvey Cyber Risks

by Jackson Walker on

Unfortunately, it is common for cyber criminals to capitalize on natural disasters. The Department of Homeland Security (“DHS”) warns users to exercise caution in handling any email with subject line, attachments, or...more

IRS Issues Urgent Warning to Beware IRS FBI Themed Ransomware Scam

The Internal Revenue Service today warned people to avoid a new phishing scheme that impersonates the IRS and the FBI as part of a ransomware scam to take computer data hostage....more

Business, Partnership and Estate and Trust Tax Returns and Identity Theft

by Pessin Katz Law, P.A. on

In Fact Sheet 2017-10 issued by the Internal Revenue Service (“IRS”) on July 25, 2017, “Information on Identity Theft for Business, Partnerships and Estate and Trusts”, the IRS points out that business, partnerships and...more

US-CERT Warns of Potential Hurricane Harvey Phishing Scams

As if the devastating effects of Hurricane Harvey are not bad enough, the United States Computer Emergency Readiness Team (US-CERT) of the Department of Homeland Security is warning of a different threat: falling victim (or...more

The Data Report Episode 13: We Are the Weakest Link

by Bilzin Sumberg on

Module Four: When It All Goes Wrong (Part II) Litigation attorney Jay Ward discusses how hackers use malicious tools to gain access to your systems in this episode of The Data Report. He explores the differences between...more

IRS Warns Of Resurgence Of W-2 Email Scams

by Fox Rothschild LLP on

The Internal Revenue Service has issued a renewed warning for tax professionals and businesses to beware of a recent increase in email scams targeting employee Forms W-2. According to the IRS, the W-2 scam – called business...more

Russian Cyber Attack on US Nuclear Power Stations

by Miles & Stockbridge P.C. on

A report from the FBI and the Department of Homeland Security warns of malware attacks targeting mainly nuclear power stations and energy facilities. The attacks started in May of this year....more

Two Court Rulings Show Coverage Difficulties for “Fake President” Fraud

by Nossaman LLP on

A few weeks back, the Insurance Recovery report posted a blog about the difficulty obtaining insurance coverage for “fake president” fraud, which is also known as business e-mail compromise, or social engineering fraud. Two...more

Corporate E-Note - July 2017

by Burr & Forman on

Cyber threats take many forms. The widespread WannaCry ransomware attack in May of 2017 highlighted how computer files could be held hostage in return for payment, while the Dyn denial of service in October of 2016...more

Cybersecurity: Spear Phishing Covered Under Insurance Policy Where Code Manipulated

by Bennett Jones LLP on

Increasingly, insureds faced with cyber fraud losses are going to the courts to interpret their policies. In The Brick Warehouse LP v. Chubb Insurance Company of Canada, 2017 ABQB 413 [The Brick Warehouse], and in Taylor &...more

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Cybersecurity

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