What We’re Reading – September 2021

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Mintz - Privacy & Cybersecurity Viewpoints

Ransomware Roundup

It is difficult to keep up with the constant news on ransomware, but here is some of the latest:

Sanctions for Payment?  The Wall Street Journal reports that sanctions for payment of ransomware via cryptocurrency may be coming, courtesy of the Department of the Treasury.  Read about proposal here  (subscription may be required).

Russia and Ransomware:   The FBI says that nothing has changed, despite President Biden’s discussion of Russia’s harboring of ransomware gangs with Russian President Vladimir Putin.   As a matter of fact, the REvil ransomware group has apparently returned from its “summer break.” 

Microsoft Finds Link to Ransomware Operations: If your organization has not yet applied the latest Microsoft security patches, you’d best get moving.  Microsoft has linked a recently patched vulnerability which was exploited via malicious Office documents to known ransomware operators.  Read more here.

Ad Tech and Privacy

Big changes are on the move for digital advertising via Apple and Google, potentially increasing the cost of customer acquisition for brands.  Since Apple began asking users whether they would allow their online activity to be tracked, only a small percentage have agreed.   Read more.

And, how will the ecommerce ecosystem market without third party cookies?   It will be a challenge, but first party data – data companies have already acquired, or acquire from consumers with consent – will be the gold standard.   Read more.

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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