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Cyber Attacks Bitcoin Data Breach

Holland & Knight LLP

Sophisticated Crypto Theft Targeting High-Net-Worth Individuals

Holland & Knight LLP on

A recent court case has unveiled a new level of sophistication in attacks targeting high-net-worth cryptocurrency holders. In a meticulously orchestrated scheme, hackers managed to steal more than $40 million in bitcoin from...more

Spilman Thomas & Battle, PLLC

Decoded Technology Law Insights, V 6, Issue 1, January 2025

Welcome to our sixth volume and first issue of 2025 of Decoded - our technology law insights e-newsletter. We have been publishing for six years and could not continue without our committed readers and your insights....more

Fox Rothschild LLP

Ransomware Attacks Against Healthcare Providers Continue to Increase

Fox Rothschild LLP on

The systems healthcare providers use to provide safe and reliable patient care, and their confidential patient information, provide attractive targets for hackers using ransomware to extort payment....more

Robinson+Cole Data Privacy + Security Insider

Karakurt Extortion Group Auctions Data for Ransom

On June 2, 2022, CISA (the Cybersecurity and Infrastructure Security Agency), the FBI, the Department of the Treasury and the Financial Crimes Enforcement Network issued a joint Cybersecurity Alert warning companies of the...more

Fisher Phillips

The Use of Bitcoin and Cryptocurrencies in Ransomware Attacks: Why Employers Should Care

Fisher Phillips on

As ransomware attacks continue to become more of a concern for employers of all sizes, an increasing number of hackers are demanding cryptocurrency such as Bitcoin in exchange for ending their attack. The recent ransomware...more

Spilman Thomas & Battle, PLLC

Decoded: Technology Law Insights: Issue 4, 2021

Jones Day Hit by Data Breach as Vendor Accellion Hack Widens - "Jones Day is the second major law firm in two weeks to have private data exposed as a result of a breach at Accellion, which provides file transfer and other...more

Robinson+Cole Data Privacy + Security Insider

Crypto Exchange BuyUCoin Database Leaked

Indian news outlet Inc42 has reported that the ShinyHunters hacking group found some shiny objects when it was able to compromise the personal information of hundreds of thousands of individuals using the crypto exchange...more

Spilman Thomas & Battle, PLLC

Decoded: Technology Law Insights - Issue 10, November 2020

VIDEO: Cryptocurrency - Legitimate Uses and Potential Issues - Following the recent publication of the U.S. Attorney General's cryptocurrency enforcement framework, Spilman attorneys Corey Bonasso and Nick Mooney discuss...more

Jackson Lewis P.C.

Hacked Healthcare Provider Refuses To Pay Ransom, Attackers Target Psychotherapy Patients

Jackson Lewis P.C. on

Earlier this year, we reported on an evolution in the form of cyberattack known as ransomware –attackers transitioning from denying affected users access to critical data by encrypting it to removing data from the compromised...more

Robins Kaplan LLP

Financial Daily Dose 7.31.2020 | Top Story: Amazon a Juggernaut?

Robins Kaplan LLP on

Amazon a juggernaut? Quarterly sales and profit prove how indispensable tech giants have become to our society. In the midst of a pandemic, Big Tech mostly shows gains....more

Womble Bond Dickinson

Thieves Breach Twitter Security to Commandeer Famous Accounts

Womble Bond Dickinson on

The Twitter accounts of major companies and individuals were briefly taken over as part of a bitcoin scam. Former and current heads of states, global corporations, and presidential candidates had their twitter accounts...more

Jackson Lewis P.C.

New Ransomware Tactics And Strains Emerge, Including Public Auctions Of Stolen Data

Jackson Lewis P.C. on

As many have learned over the last several years, ransomware is a type of malware that denies affected users access to critical data by encrypting it. Attackers profit handsomely by requiring victims to pay substantial sums,...more

Robinson+Cole Data Privacy + Security Insider

Alabama City Hit with Ransomware

On June 5, 2020, Florence, Alabama’s information technology systems were hit with ransomware by the DoppelPaymer group demanding a ransom payment of $378,000 in bitcoin....more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - April 2020 #3

Robinson & Cole LLP on

Sodinokibi Hackers Switch Payment Mechanism to Monero - The hackers behind the Sodinokibi/REvil ransomware have reportedly switched their demands for payment from Bitcoin or Ethereum to Monero cryptocurrency to try to...more

Robinson+Cole Data Privacy + Security Insider

Sodinokibi Hackers Switch Payment Mechanism to Monero

The hackers behind the Sodinokibi/REvil ransomware have reportedly switched their demands for payment from Bitcoin or Ethereum to Monero cryptocurrency to try to prevent law enforcement from tracking payments....more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2020 #3

Robinson & Cole LLP on

Natural Gas Compressor Facility Shut Down After Ransomware Attack - The Department of Homeland Security (DHS) announced this week that a ransomware attack shut down a natural gas compressor facility for two days. While in...more

Robinson+Cole Data Privacy + Security Insider

Ransomware—to Pay or Not to Pay and Should We Get a Bitcoin Wallet Just in Case?

There’s nothing worse than paying criminals. And paying a ransom for data is just that—paying criminals for a criminal act. All you get out of the payment is access to your data....more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2020 #2

Robinson & Cole LLP on

Ransomware Attacks Predicted to Occur Every 11 Seconds in 2021 with a Cost of $20 Billion - Confirming what we are seeing in the field, cybersecurity firm Cybersecurity Ventures has predicted that, globally, businesses in...more

Robinson+Cole Data Privacy + Security Insider

British Member of “The Dark Overlord” Hacking Organization Extradited to Face Conspiracy and Identify Theft Charges in the United...

Beginning in 2016, the computer hacking organization known as “The Dark Overlord,” began to target victims in the St. Louis, Missouri area, including various health care providers, several accounting firms, and a medical...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - December 2019

Robinson & Cole LLP on

National Veterinary Associates (NVA), a large network of veterinary hospitals and clinics, has reportedly been the victim of a ransomware attack. According to the reports, NVA employs more than 2,600 veterinarians, with over...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - October 2018

In this month's edition of our Privacy & Cybersecurity Update, we examine the European Data Protection Board's published opinions on data protection impact assessments, an Ohio court's ruling that bitcoin is covered insured...more

King & Spalding

Undermined: Security Concerns Continue To Hurt Cryptocurrencies

King & Spalding on

It’s a heist movie cliché. “Don’t worry,” says our hero, apologetically brandishing a gun at the terrified bank teller: “Your money is insured by the federal government.” A particular problem arises when the money in question...more

Tucker Arensberg, P.C.

Can Cryptojacking Result in a Databreach?

Tucker Arensberg, P.C. on

Healthcare organizations should be aware of a new method, referred to as “cryptojackng,” that hackers are using to exploit the systems and networks they infiltrate. Hackers use cryptojackng methods to siphon energy resources...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2018 #4

Robinson & Cole LLP on

U.S. Estimates that Cyber Hacks Cost Up to $109 Billion in 20 - The Council for Economic Advisors (CEA) issued a report this month, entitled “The Cost of Malicious Cyber Activity to the U.S. Economy,” which concludes that...more

Robinson+Cole Data Privacy + Security Insider

HaoBao Malware Hitting Banks Scans for Bitcoin Activity

Lazarus, the well-known hacking group responsible for the WannaCry ransomware attack from last year, as well as the attack on the Bangladesh Central Bank and Sony, is now targeting global financial firms and Bitcoin adopters...more

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