On January 26, 2023, the Department of Justice announced its successful “months-long disruption campaign” against a ransomware group known as Hive, signaling the United States’ increased efforts to combat ransomware attacks...more
In a significant development in anti-hacking criminal enforcement, the Department of Justice last week released new guidance for charging violations of the Computer Fraud and Abuse Act (“CFAA”), the nation’s premier computer...more
Throughout the COVID-19 crisis, we have focused on the significant uptick in ransomware attacks. Government agencies such as OFAC, CISA, and New York’s DFS have updated their guidance on how to prepare for and respond to...more
On December 13, the software and service provider SolarWinds announced that its Orion software platform had been the target of a sophisticated cyber-attack that may have resulted in malicious code being pushed to as many as...more
As we previously described and as reflected in the rapidly increasing number of cyber-attacks since its start, the COVID-19 pandemic has triggered a shift in working practices that hackers and other bad actors are using to...more
9/4/2020
/ Coronavirus/COVID-19 ,
Cyber Attacks ,
Cyber Crimes ,
Cyber Threats ,
Cybersecurity ,
Data Breach ,
Hackers ,
Medical Records ,
Medical Research ,
Personally Identifiable Information ,
Phishing Scams ,
Ransomware
The FBI’s Internet Crime Complaint Center, better known as IC3, released its 2018 Internet Crimes Report. For those unfamiliar with the IC3, it was established by the FBI in May 2000 as a central repository for public...more
The nation’s top law enforcement agency is rebooting its cybercrime capabilities.
In an effort to keep up with the evolving threats against property, critical infrastructure and human life posed by cyber-attacks –especially...more
Yesterday, the United States indicted two Iranian hackers for their roles in a series of major ransomware attacks that started in 2016 and lasted almost three years. The attacks crippled schools, hospitals, the private...more
The Financial Crimes Enforcement Network, or FinCEN, an arm of the United States Department of the Treasury, issued an advisory last week to remind financial institutions of their obligations to report cyber-events on...more
11/2/2016
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Compliance ,
Cyber Crimes ,
Cyber Threats ,
Cybersecurity ,
Department of Financial Services ,
Financial Institutions ,
FinCEN ,
Information Sharing ,
New Regulations ,
Reporting Requirements ,
Suspicious Activity Reports (SARs)
By now, you’ve probably heard about the massive cyber attack that hit Bangladesh’s central bank last month, resulting in the loss of $81 million through fraudulent transfers to accounts in the Philippines. Although the size...more