News & Analysis as of

Cyber Crimes

Just a little bit of history repeating: Has the UK reached a familiar juncture in respect of the detection, investigation and...

by WilmerHale on

In October this year, the City of London Corporation announced plans, backed by H.M. Courts and Tribunals Service, for the construction of a state-of-the-art trial venue complex in central London, specialising in fraud and...more

Data Privacy + Cybersecurity Insider - December 2017 #2

by Robinson & Cole LLP on

$64 Million in Bitcoin Stolen from NiceHash - Many are lamenting not purchasing bitcoin now that its value has skyrocketed. Recently, Massachusetts Secretary of State William Galvin warned investors to stay away from...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

'Tis the Season: W-2 Phishing Scams Likely to Resurface After the New Year

by Murtha Cullina on

W-2 phishing season is just a few weeks away. For the past several tax seasons, cyber criminals have duped hundreds of payroll departments into providing W-2 information on their employees, which results in the filing of...more

While you are celebrating: 4 simple holiday season cyber-readiness steps for Asian businesses

by DLA Piper on

The volume and scale of cyberattacks and cyberfrauds is rising. The pace at which these ever more sophisticated attacks can infiltrate systems around the globe suggests that the likelihood of an imminent attack on companies,...more

Inside the Stanford Breach: Exposed Records Lead to Financial Aid Scandal

A cybersecurity vulnerability at Stanford University exposed thousands of sensitive files containing details of sexual assault investigations and disciplinary actions. The story of what happened—and why it should be an object...more

Your Daily Dose of Financial News

by Robins Kaplan LLP on

The latest on the potential Disney move for “significant parts of 21st Century Fox,” which is nearing completion and could see Murdoch scion leaving his father and brother in order to work for Big Mouse....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

Cybersecurity 2018 – The Year In Preview: State Enforcement Trends

Editors’ Note: This is the fourth in a multi-part end-of-year series examining important trends in data privacy and cybersecurity during the coming year. Previous installments include analyses of HIPAA compliance, emerging...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

Privacy & Cybersecurity Update - November 2017

In this month's edition of our Privacy & Cybersecurity Update, we discuss a Washington state court decision allowing a data breach lawsuit to move forward on a negligence claim, a Ninth Circuit ruling regarding releasing...more

Hacker Steals $31 Million of Tether Cryptocurrency

Virtual currency exchanges are popping up at breakneck speed. Tether, which operates USDT, a cryptocurrency that is backed up with the U.S. dollar, announced that almost $31 million of its USDT was stolen from its core...more

Cybersecurity 2018 – The Year in Preview: Federal Enforcement Trends

Editors’ Note: This is the third of a multi-part end-of-year series examining important trends in data privacy and cybersecurity during the coming year. Up next: trends in state enforcement....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

Connecticut Cyber Task Force Announced

The U.S. Attorney’s Office of the District of Connecticut has announced the creation of a Connecticut Cyber Task Force (“CCTF”) in partnership with the FBI, DEA, Secret Service, Homeland Security, IRS, Connecticut State...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

Some Cyber Monday Shopping Tips

As you enjoy the holiday weekend, and even some Cyber Monday shopping, keep in mind these online shopping tips from the FTC: ..Know the seller and the item. Put the company or product name in a search engine, along with...more

Global Privacy & Cybersecurity Update Vol. 16

by Jones Day on

UNITED STATES - Regulatory—Policy, Best Practices, and Standards - United States and China Renew Promise Not to Hack - On October 4, U.S. and Chinese officials agreed to not engage in targeted hacking. Per a...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

IRS Takes Measures To Curb Business Identity Theft

by Fox Rothschild LLP on

The IRS is putting an increased emphasis on identity theft protections for business returns as a result of an increase in fraudulent business tax returns in recent years. The IRS will be asking tax professionals to gather...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

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Cybersecurity

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