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Cyber Threats
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“The Cloud” No Longer a Hot Topic Because It’s Common Knowledge at This Point
Financially motivated cybercriminals are increasingly targeting Cloud environments in their ransomware and/or extortion attacks. The attack activity of two (2) threat groups in particular – Octo Tempest (AKA Scattered Spider)...more
Paige Thompson, a former Amazon Web Services employee, was recently convicted of seven counts of fraud in U.S. District Court for stealing personal data from more than 100 million customers from unsecured accounts stored on...more
As the COVID-19 pandemic and social distancing enforced remote work only accelerated the move to the cloud for many organizations, it should come as no surprise that the use of cloud-based solutions continues to be on the...more
The Financial Stability Board has published two reports on: (i) BigTech in finance and (ii) third-party dependencies on cloud services. The reports form part of the FSB’s ongoing work to analyze structural changes within the...more
As the issues surrounding data protection become increasingly complex, in recent years the advisory guidelines (Guidelines) issued by the Personal Data Protection Commission of Singapore (PDPC) have been invaluable in guiding...more
The FSB is reviewing cloud provider concentration risk in the latest example of regulator concern over reliance on leading cloud providers by financial services institutions. The Financial Stability Board (FSB), an...more
Most companies today use some form of cloud computing whether through software-as-a-service, platform-as-a-service, or infrastructure-as-a-service. Cloud computing’s cost-effective scalability can offer significant advantages...more
As cloud services have transformed modern business, they have also changed the way companies protect and enforce their trade secrets. Companies and their employees increasingly store data on cloud - based platforms. While...more
The U.S. Department of Health and Human Services Office for Civil Rights (OCR) has issued a new guidance regarding HIPAA compliance and the use of cloud computing solutions. The guidance is intended to assist covered entities...more
On October 6, 2016, the Department of Health and Human Services Office for Civil Rights (OCR) released HIPAA guidance on cloud computing (Guidance). The Guidance is intended to help covered entities and business associates...more