News & Analysis as of

Cyber Crimes Data Breach Enforcement Actions

A&O Shearman

White-collar crime developments in Italy: trends and developments

A&O Shearman on

There has been an increase in enforcement action and strategies relating to cybercrimes, supply-chain related offenses, VAT fraud, corruption, and money laundering. A significant shift has been prompted by the EU Corporate...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

Sheppard Mullin Richter & Hampton LLP

SEC Continues its Cybersecurity Focus, Settles with Company over Lax Security Measures

The SEC recently issued an order and settlement against a company from a pair of cyberattacks in which millions of dollars of client funds were stolen. While the company was able to recover a portion of the funds and...more

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

AT&T/Snowflake Breach Hits Most of US - Vendor Exposure Strikes Again

AT&T Inc. announced in a July 12, 2024, SEC filing that hackers stole a cache of six months’ worth of mobile phone customer data, illegally downloading the records from a workspace account at the cloud-service provider...more

Eversheds Sutherland (US) LLP

A Measured Approach - US Cybersecurity and Data Privacy Review and Update: Looking back on our 2023 articles and planning ahead...

Technological advances, especially in Artificial Intelligence and quantum computing, will continue to amaze in the coming years. They will open up vast new opportunities while presenting profound regulatory, litigation, and...more

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

The Federal Communications Commission Updates Its Data Breach Rules

On December 21, 2023, the Federal Communications Commission released an order updating its data breach rules. These updated rules require telecommunications providers to report breaches of customer proprietary network...more

Butler Snow LLP

Cybersecurity: What Businesses Need to Know

Butler Snow LLP on

Cybersecurity is a top concern for all industries, particularly for the pharmaceutical and medical device industries. These industries hold some of the most sensitive data and highly valuable technology, making them prime...more

Burr & Forman

Hacking the Hive: How It Can Help Businesses

Burr & Forman on

Businesses can breathe a little easier now that one of the world’s top five ransomware networks, the Hive, has been infiltrated and disbanded by the FBI....more

Polsinelli

When the Feds Find Out! Lack of Data Security Leads to Novel and Hefty Settlements

Polsinelli on

The Federal Government continues ramping up enforcement of data security requirements by deploying significant new enforcement theories and tools in support of cyber and data security controls required by federal law....more

Holland & Knight LLP

2021: Year In Review - SEC Signals More Aggressive Posture in Cybersecurity Space

Holland & Knight LLP on

We continue our year-end review of SEC enforcement activity and turn our attention to a topic grabbing seemingly daily headlines across multiple industries: cybersecurity. As the risks – and realities – of cyberattacks...more

Alston & Bird

Russia Arrests Suspected Members of REvil Ransomware Gang

Alston & Bird on

Russia’s Federal Security Service (“FSB”) issued a press release on January 14, 2022 claiming that it dismantled the REvil ransomware gang by arresting 14 suspected members and seizing computer equipment, luxury vehicles,...more

The Volkov Law Group

DOJ Battles Ransomware Attacks

The Volkov Law Group on

The Justice Department continues to attack and dismantle global ransomware extortion organizations.  Business surveys often confirm that executives are hyper-focused on the risk of ransomware attacks against businesses....more

Jackson Lewis P.C.

DOJ Announces Cybersecurity Enforcement Initiative Targeting Federal Contractors

Jackson Lewis P.C. on

Last week, the Department of Justice (“DOJ”) announced the launch of its Civil Cyber-Fraud Initiative (“the Initiative”) aimed at combating “new and emerging cyber threats to the security of sensitive information and critical...more

Farrell Fritz, P.C.

A Cybersecurity Wake Up Call: SEC Sanctions Eight Firms For Cybersecurity Deficiencies

Farrell Fritz, P.C. on

The U.S. Securities and Exchange Commission (“SEC”) recently identified cyberthreats as an enforcement priority (see 2021 Examination Priorities). Within months of the Commission’s announcement, the Commission brought three...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - June 2021 #2

Robinson & Cole LLP on

CYBERSECURITY - Another Win for Justice Department: Slilpp Marketplace Takedown - People always ask me if law enforcement is having any luck in combatting cyber criminals. Let me be clear: it is a very tough job to take...more

Robinson+Cole Data Privacy + Security Insider

Another Win for Justice Department: Slilpp Marketplace Takedown

People always ask me if law enforcement is having any luck in combatting cyber criminals. Let me be clear: it is a very tough job to take down cyber criminals located in other countries or sponsored by foreign nations. Our...more

Eversheds Sutherland (US) LLP

US Cybersecurity and Data Privacy review and update: Looking back on our 2020 articles and planning ahead for 2021

It was a tumultuous year for privacy and cybersecurity, and further uncertainty is all but guaranteed. The key to navigating this volatility, as 2020 proved, is to develop and maintain a proactive, agile and holistic data...more

Robinson+Cole Data Privacy + Security Insider

Big Win for Law Enforcement: Emotet Infrastructure Taken Down

Yesterday (January 27, 2021) was a BIG win for law enforcement in their efforts to combat cyber crime. U.S. and European law enforcement agencies announced yesterday that through join efforts and cooperation on “Operation...more

Robinson+Cole Data Privacy + Security Insider

Excellus Health Plan Pays $5.1M to OCR in Settlement Following Data Breach

The U.S. Department of Health and Human Services Office for Civil Rights (OCR) recently announced that it had entered into a Resolution Agreement, Corrective Action Plan, and settlement with Lifetime Healthcare, Inc., the...more

Society of Corporate Compliance and Ethics...

[Virtual Event] 2021 Alaska Regional Compliance & Ethics Conference - February 26th, 8:25 am - 4:30 pm AKST

Our Virtual Regional Compliance Conferences provide updates on the latest news in regulatory requirements, compliance enforcement, and strategies to develop effective compliance programs. Watch, listen, and ask questions from...more

Health Care Compliance Association (HCCA)

Report on Patient Privacy Volume 21, Number 1. Privacy Briefs: January 2021

Report on Patient Privacy 18, no. 1 (January 2021) - The HHS Office for Civil Rights (OCR) settled its 13th enforcement action in its Right of Access Initiative, first announced in 2019 to support individuals’ rights to...more

Morgan Lewis

How to Prepare for Cybersecurity Incidents and Enforcement Actions

Morgan Lewis on

As financial damages caused by cyberattacks continue to rise, many companies are looking for ways to both prepare for potential risk and respond to an actual incident. ...more

Ballard Spahr LLP

U.S. Treasury and DOJ Targets “Evil Corp”

Ballard Spahr LLP on

Organization Excels at Niche Branding but Stumbles in Avoiding Enforcement - The first paragraph of the press release sums it up: Today the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) took action...more

Mitratech Holdings, Inc

9 Hot Q1 Headlines in Cybersecurity, Risk Management, and Data Governance

What are the biggest, most interesting stories in the ever-changing worlds of cybersecurity, risk mitigation, and information governance?...more

Perkins Coie

SEC 21(a) Report Warns Public Company Email Scam Victims of Bigger Problems Than Stolen Money

Perkins Coie on

Known by many names, including business email compromise fraud, CEO or CFO fraud, impersonation attacks, or “Man-in-the-Email” scams, cyber-related frauds involving spoofed or otherwise compromised business electronic...more

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