News & Analysis as of

Ransomware

Financial Services Report - Fall 2017

by Morrison & Foerster LLP on

EDITOR’S NOTE - Through hurricanes, wild fires, the publication of Hillary Clinton’s book, the birth of Amal and George Clooney’s twins, and the Dodgers’ historic losing streak, Director Richard Cordray and the CFPB’s...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

The Biggest Health Care Data Breaches in 2017

Health Data Management (HDM), using information compiled by Protenus Breach Barometer, published a list this week of the biggest health care data breaches so far in 2017....more

Congressional Task Force Issues Report on Cybersecurity in the Health Care Industry

by Polsinelli on

Recently, the Health Care Industry Cybersecurity Task Force (the “Task Force”) issued its Report on Improving Cybersecurity in the Health Care Industry (the “Report”). The Task Force, which was created by Congress as part of...more

Trade & Manufacturing - News of Note - September 2017

by King & Spalding on

USTR Initiates 2017 Annual Review Of Generalized System Of Preferences Product And Country Practices – On August 11, 2017, the United States Trade Representative (USTR) published a Federal Register notice (the Notice)...more

Trade & Manufacturing Alert - September 2017

by King & Spalding on

Trump Administration Commences China Section 301 Investigation - On August 14, 2017, President Trump issued a Presidential Memorandum instructing United States Trade Representative (USTR) Robert Lighthizer to determine...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

OCIE Releases Results of Cybersecurity Examination Initiative

On August 7, 2017, the Office of Compliance Inspections and Examinations (OCIE) of the U.S. Securities and Exchange Commission (SEC) released a summary of its observations (the report) from cybersecurity examinations of 75...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

Avoiding Management Struggles When it Comes to Data Breaches: Part 7

by Bryan Cave on

The best way for a company to handle a data breach is to be prepared. As we discuss in our data breach readiness handbook, preparation includes, among other things, drafting an incident response plan, reviewing...more

Recent HHS Activity Following International Cyber Attacks

by Steptoe & Johnson PLLC on

Following recent international cyber attacks, the U.S. Department of Health and Human Services (HHS) has issued warnings to healthcare organizations, provided a cyber attack checklist, and launched its revised HIPAA Breach...more

Recent Events Increase the Importance of HIPAA Risk Analyses and HIPAA Policies

Recent events highlight the fact that threats to customer and patient data continue to increase. In recent months, government agencies, news outlets, and others have spent considerable time investigating and reporting on...more

The Data Report Episode 12: Malicious Tools

by Bilzin Sumberg on

Module Four: When It All Goes Wrong The fourth module of The Data Report discusses the nature of data breaches, who might be responsible, what typically happens, what should happen, and what you can do to prepare for a...more

Patching Up Your Information Security Review

by Morgan Lewis on

In light of recent significant ransomware cyberattacks such as the one that originated in Ukraine and quickly spread to affect hundreds of thousands of computers in more than 150 countries, we wanted to provide a few pointers...more

Corporate Law & Governance Update - August 2017

by McDermott Will & Emery on

A new article published in the Harvard Business Review confirms that the preservation of reputation continues to be a significant motivating concern for individual board members. This is a factor that should be taken...more

Healthcare Industry May Not Be Prepared For Internet of Things

by Knobbe Martens on

A recent survey conducted by ZingBox, a Silicon Valley internet security startup, found that more than 90% of healthcare IT networks have Internet of Things (IoT) devices. The survey further found that more than 70% of IT...more

How the U.S. Healthcare Sector Can Prepare for and Harden Its Systems Against Cyberattack

by Hogan Lovells on

“The number one issue on the minds of many CEOs and boards is cyberattacks and data breaches,” said Hogan Lovells partner Marcy Wilder. In this hoganlovells.com interview, Wilder discusses three key things health sector...more

Women’s Health Care Group Notifies 300,000 About Ransomware Attack

Women’s Health Care Group of Pennsylvania has notified approximately 300,000 patients that their protected health information has been compromised by a ransomware attack....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

Banking & Financial Services E-Note - July 2017

by Burr & Forman on

What does a recent Georgia Supreme Court case mean for the viability of the state's confirmation statute? Atlanta Partner Erich Durlacher explores answers in this Alert. Please see full E-Note below for more information....more

Computer Viruses Have Evolved: Have Your Antivirus Contract Warranties Kept Up?

by McGuireWoods LLP on

By many accounts, 2017 is the 35th anniversary of widely propagating computer viruses. The recent “WannaCry” and “NotPetya” ransomware outbreaks demonstrate that computer viruses (or more broadly, “malware”) are still...more

Hackers Target the Bottom Line: Business Operations and Earnings

Over the past several years, we have witnessed a fundamental shift in orchestrated cyber-attacks from hacking credit card data and healthcare information to targeting businesses, their operations and bottom lines....more

Healthcare Data: Are You Required to Report a Ransomware Attack?

by Bennett Jones LLP on

If you are a healthcare data custodian that is subject to a ransomware attack, you may be required to report the incident to regulators and to those individuals whose information was subject to the attack....more

Labor & Employment E-Note - July 2017

by Burr & Forman on

Employers who have been anxiously awaiting an answer as to whether the Department of Labor (“DOL”) will continue to defend the Obama Administration’s controversial overtime rule that was temporarily blocked by a federal court...more

Health Care E-Note - July 2017

by Burr & Forman on

Everywhere you look these days, there seems to be another report of a cyberattack -- attacks which do not discriminate based on industry type, size of business, or impact. In other words, everyone is vulnerable. In fact, the...more

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Cybersecurity

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