News & Analysis as of

Cyber Crimes

J.S. Held

How to Defend Against Identity Theft This Tax Season

J.S. Held on

In recent years, identity theft cases have surged, especially during tax season. According to the Internal Revenue Service (IRS), in 2022, the federal agency identified and prevented USD 5.7 billion in tax-related fraud, and...more

BakerHostetler

Victory for Tornado Cash as Court Rules Sanctions Were Unlawful

BakerHostetler on

On November 26, 2024, in a three-judge panel decision, Van Loon v. U.S. Department of the Treasury, the United States Court of Appeals for the Fifth Circuit (Court) reversed a Texas district court and held that immutable...more

J.S. Held

The Dark Side of Artificial Intelligence: Scams and Frauds

J.S. Held on

AI is technology that enables computers to simulate human intelligence and problem-solving skills, whereas deepfake is synthetic media that has been digitally manipulated to replace and mimic one person’s likeness. AI has...more

Foley Hoag LLP - Security, Privacy and the...

Holiday Cyber Security Scams: Protecting Your Business During the Festive Season Without Being a Grinch

As the holiday season is upon us, businesses must remain vigilant against the increased threat of cybersecurity hacks and scams. Cybercriminals often exploit the festive atmosphere and increased online activity to target...more

Akin Gump Strauss Hauer & Feld LLP

CryptoLink - October 2024 Updates

CryptoLink is a compilation of news stories published by outside organizations. Akin aggregates the stories, but the information contained in them does not necessarily represent the beliefs or opinions of the firm. Akin's...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Business Email Compromise Scams: What They Are, and How to Avoid Them

In an increasingly digital world, the rise in cybercrime involving email scams has become a significant threat to individuals and organizations alike. These sophisticated attacks exploit human psychology and technological...more

EDRM - Electronic Discovery Reference Model

From Sextortion to Financial Scams: The Expanding Reach of Deepfakes

ComplexDiscovery’s Editor’s Note: Deepfake technology represents one of the most pressing challenges for cybersecurity and governance professionals today....more

Perkins Coie

‘Tis the Season… for Cybercriminals: A Holiday Reminder for Retailers

Perkins Coie on

As the holiday shopping season kicks into high gear, it also becomes a prime opportunity for cybercriminals to target retailers, their suppliers, and their customers.  As The Hacker News reports, criminal use of artificial...more

Neal, Gerber & Eisenberg LLP

Cybersecurity Risks and Regulatory Challenges Impact Hospitality Industry

The hospitality industry is a prime target for cyber criminals, due in part to the high volume of sensitive guest data, including financial information, that companies maintain. Almost one-third of hospitality organizations...more

Mandelbaum Barrett PC

Protecting Intellectual Property in the Digital Age

Mandelbaum Barrett PC on

By 2027, the global cost of cybercrime, such as IP theft, is estimated to reach over $23 trillion (up from roughly $8 trillion in 2022), highlighting the critical need for strong IP protection. However, as technology evolves,...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #421 – Threat Actors Using DocuSign API to Send Fake Invoices

DocuSign is a great and efficient way to obtain authentic signatures for contracts and invoices. As with other efficient tools, threat actors will and have found a way to use the DocuSign API to send fake invoices to divert...more

Alston & Bird

Congressional Research Service Report Sheds Light on October Telecommunications Attack by PRC-Linked Threat Actor

Alston & Bird on

In early October 2025, several media outlets reported that United States telecommunications services had been infiltrated by state affiliated threat actors linked to the People’s Republic of China (“PRC”). These reports were...more

Robinson+Cole Data Privacy + Security Insider

Columbus, Ohio Notifies 500,000 of Data Breach from Ransomware Attack

The city of Columbus, Ohio, announced on May 29, 2024, that it was forced to take its systems offline due to a ransomware attack. According to its notice, the attack was perpetrated by “an established, sophisticated threat...more

Wiley Rein LLP

Dissenting Commissioners Criticize SEC’s Latest Cybersecurity Disclosure Cases

Wiley Rein LLP on

Continuing its controversial and aggressive approaches to cybersecurity, the U.S. Securities and Exchange Commission (SEC) recently charged four current and former public companies for purportedly “materially misleading...more

Robinson+Cole Data Privacy + Security Insider

Scary Halloween News: Jumpy Pisces Using Play Ransomware to Attack Organizations

Unit 42 recently reported that it has identified “Jumpy Pisces, a North Korean state-sponsored threat group associated with the Reconnaissance General Bureau of the Korean People’s Army, as a key player in a recent ransomware...more

Hinckley Allen

Today’s Menacing Cyber Threat Environment: What Organizations Need to Know to Quickly Respond to a Data Breach and Reduce the...

Hinckley Allen on

As the last two years have clearly demonstrated, no organization is immune from cyberattacks.  Indeed, numerous studies have reported that a majority of businesses have been impacted by at least one cyberattack over the past...more

Constangy, Brooks, Smith & Prophete, LLP

NY-licensed financial services companies must harden incident response plans, improve breach readiness by November 1

New York’s Cybersecurity Regulation continues its phased roll-out on November 1, when licensed financial services companies face a host of new requirements aimed at bolstering breach readiness and improving their ability to...more

Cozen O'Connor

NYDFS Issues Guidance on Cybersecurity Risks Arising from Artificial Intelligence

Cozen O'Connor on

On October 16, 2024, the New York Department of Financial Services (NYDFS) issued an Industry Letter that discusses the cybersecurity risks associated with the use of artificial intelligence (AI) and outlines strategies to...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #418 – New Phishing Scheme Uses Scarce Weight Loss Drugs as Hook

Scammers are always looking for new ways to dupe victims. If you battle your weight, you think about it a lot and are always looking for easier ways to lose some pounds. There is no easy way, but we are always looking for an...more

Allen Matkins

SEC Continues Its Persecution Of Crime Victims

Allen Matkins on

More than a decade ago, I expressed concern about the Securities and Exchange Commission's predilection for targeting victims of crimes.   That concern related to an enforcement action against a company that had been...more

Constangy, Brooks, Smith & Prophete, LLP

Ransomware, AI, privacy suits, and more: A recap of the NetDiligence 2024 Cyber Risk Summit

The NetDiligence Cyber Risk Summit, which was held September 30-October 2 in Philadelphia, featured panels focused on the latest developments and challenges in cyber risk. Speakers included insurance, legal, and technology...more

Ward and Smith, P.A.

Three Cybersecurity Mistakes Small Businesses Make: A Data Privacy Attorney's Perspective

Ward and Smith, P.A. on

In today's digital landscape, where data and technology are integral to business, companies of all sizes are prime targets for cyberattacks. As privacy and data security attorneys, we see the severe impact of inadequate...more

HaystackID

[Webinar] Anatomy of a Business Email Compromise - October 29th, 11:00 am CDT

HaystackID on

Business Email Compromise (BEC) has become a significant threat to organizations of all sizes, often resulting in hefty financial losses, operational disruptions, and reputational damage. Learn from HaystackID’s seasoned...more

Greenbaum, Rowe, Smith & Davis LLP

New Senate Bill Seeks to Amend HIPAA with Mandatory Minimum Healthcare Cybersecurity Standards

On September 26, 2024, the Health Infrastructure Security and Accountability Act was introduced in the U.S. Senate. The bill would amend the Health Insurance Portability and Accountability Act (HIPAA) and direct the U.S....more

Health Care Compliance Association (HCCA)

Privacy Briefs: October 2024

23andMe agreed to pay $30 million and provide three years of security monitoring to settle a lawsuit accusing the genetics testing company of failing to protect the privacy of 6.9 million customers whose personal information...more

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