News & Analysis as of

Cyber Attacks Hackers

Russian Hackers: Desperate for U.S. Information

The latest report regarding Russia stealing U.S. cyber secrets is yet again centered around the National Security Agency (NSA), using Contractors to gain access, in some cases, to classified data....more

Art Galleries, Dealers, Buyers, and Sellers Now the Target of High-Stakes Digital Heists

In the financial industry, companies engaging in million-dollar transactions invest in the latest in technology in order to safeguard valuable assets. However, in the art world—a market built on relationships and...more

Asset Management Regulatory Roundup - December 2017 - Issue 12

by Dechert LLP on

A compact summary of the most recent regulatory and tax developments relevant to the UK asset management industry. This issue includes details of the FCA’s stance on the reporting of cyber attacks; the Government’s opinion on...more

Senate Bill Introduced To Protect Personally Identifiable Information

by Jackson Lewis P.C. on

Primarily motivated by the several recent massive data breaches, Senate Democrats recently introduced a bill geared toward protecting Americans’ personal information against cyber attacks and to ensure timely notification and...more

LA City Attorney Jumps Into Uber Fray

A complaint filed Monday by Los Angeles City Attorney Mike Feuer accuses Uber Technologies Inc. of violating California law by concealing “for an entire year” a data breach that exposed the names and license numbers of...more

When It Comes to Cybersecurity, Passwords are Passé

by Nexsen Pruet, PLLC on

In the ever-changing landscape of data security, it is increasingly clear that law firms of all sizes, from the one-lawyer shop to the 1,000-lawyer megafirm, are being targeted by hackers. As the methods used to gain access...more

Despite Equifax Breach Causes, Social Engineering Still Biggest Threat to Data Security

by LeClairRyan on

It’s now been widely reported that the cause of the recent Equifax data breach, which compromised the personal data of perhaps as many as 143 million people, was the result of the company’s alleged failure to apply a patch to...more

Cyber Risk News & Trends - December 2017

Cybersecurity This Month - Continued onslaught of phishing and travel threats - Internet data breaches threaten the usernames and passwords of billions of people, but bad actors find phishing is the most effective way...more

Inside the Stanford Breach: Sexual Assault, Disciplinary and Financial Data Exposed

A series of cybersecurity vulnerabilities at Stanford University exposed thousands of sensitive files containing details of sexual assault investigations, disciplinary actions and more. The details of what happened—and why it...more

Payment or Pillory: More Fallout from Uber’s Data Breach

With new developments regarding Uber Technologies Inc.’s 2016 data breach coming out almost daily, lawsuits against the company continue to pile-up. We previously reported that within days of Uber disclosing the data theft...more

Healthcare Data Breaches Continue but Fell in October

The news about data breaches always seems to be dire lately. Some good news: data breaches in the healthcare industry were lower in October than in September, based upon reportable data breaches to the Office for Civil Rights...more

Washington A.G. Sues Uber in First Enforcement Action Under Revised Data Breach Law

by Ballard Spahr LLP on

The State of Washington's Attorney General filed a complaint against Uber Technologies, Inc., (Uber) this week related to the 2016 hack that exposed the personal data of 57 million riders and drivers. The suit is the first...more

Uber’s Response to Data Breach? Pay the Hackers to Keep Quiet About It: Cybersecurity Trends

by CloudNine on

Hackers stole the personal data of 57 million customers and drivers from Uber last year. Their response? Conceal the breach for more than a year, and pay the hackers $100,000 to delete the data (sure they did) and keep quiet...more

Celebrate National Tax Security Awareness Week!

by Snell & Wilmer on

While it may be better known as “Cyber Monday”, today also marks the start of the second annual National Tax Security Awareness Week (November 27 to December 1). The Internal Revenue Service, state tax agencies and the tax...more

Florida Blue Breach Exposes Applications of 939 Individuals

Blue Cross Blue Shield of Florida (Florida Blue) has announced that 475 applications for insurance were backed up to the cloud, on an unsecured cloud server, by an unaffiliated agent of Real Time Health Quotes, and exposed...more

Uber Breach

Uber Technologies, Inc., the latest victim of a high-profile data theft, is taking heat for its handling of the 2016 incident – first disclosed last week – in which account information for 57 million riders worldwide was...more

Imgur Discloses Breach Affecting Email and Passwords of 1.7 Million Users

On November 24, 2017, image-sharing website Imgur disclosed that email addresses and passwords of 1.7 million users were stolen in a 2014 hack on the company. Imgur became aware of the breach on November 23, 2017 when a...more

Fall Data Breach Roundup And 2018 Preview: Supreme Court, OPM, Equifax And More!

by Carlton Fields on

As 2017 draws to a close, data breach class actions abound, while questions regarding what suffices for Article III standing in these cases remain—with litigants hoping the Supreme Court will soon weigh in....more

Cyber Insurance: Managing Your Cyber Liability and Avoiding Coverage Gaps

by Hogan Lovells on

Mark Goodman is a partner in our San Francisco office. In this hoganlovells.com interview, he addresses the need for companies to manage their cyber risk and the role that insurance plays in an organization’s overall risk...more

Locky Ransomware Variant Difficult to Detect

We previously warned readers about the Locky ransomware, which is potent and designed to use phishing emails to lure users to click on links and attachments, including pdfs....more

Data Privacy + Cybersecurity Insider - November 2017 #3

by Robinson & Cole LLP on

We previously warned readers about the Locky ransomware, which is potent and designed to use phishing emails to lure users to click on links and attachments, including pdfs. Now, researchers at Cylance have discovered...more

Privacy Tip #114 – Your Email May Have Been Hijacked and You Don’t Know It

A new study by Google, the University of California Berkeley and the International Computer Science Institute has concluded that email users are being threatened by massive credential theft and phishing schemes are the...more

Data Breach Costs an Average of $3.6 Million

There have been a myriad of research studies attempting to come up with the “cost” of a data breach. The most recent, released by AT&T, estimates that it costs organizations $3.6 million to recover from a data breach....more

The evolving cyber insurance market: How IT companies, financial institutions, and other nontraditional players can offer cyber...

by Hogan Lovells on

In this hoganlovells.com interview, Hogan Lovells counsel Robert Fettman discusses the evolution of cyber insurance, the level of regulatory oversight applied to covered entities, and ways that noninsurance companies can...more

Defending The Business-To-Business Data Breach Lawsuit

by Ellis & Winters LLP on

Hardly a day goes by without a headline announcing that a prominent company has fallen victim to a data breach. These headlines are followed, almost inevitably, by reports of class action lawsuits filed by consumers whose...more

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Cybersecurity

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