News & Analysis as of

Cyber Crimes Ransomware Risk Mitigation

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

BakerHostetler

DSIR Deeper Dive: 2023 Crypto Threat Landscape

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Following one of the most turbulent years in crypto history, 2023, in contrast, unfolded as a year of reprieve, including from crypto threats. According to a July 12, 2023, report from blockchain analytics firm Chainalysis,...more

Ervin Cohen & Jessup LLP

Insure Against Data Breaches Suffered By Vendors and Service Providers

Over the last several years several companies, including Marriott, Yahoo and Volkswagen, have been victimized by hackers breaking into a company’s computer network. In some cases, they have put confidential information on the...more

WilmerHale

Federal Agencies Publish New Version of the #StopRansomware Guide

WilmerHale on

On May 23, 2023, the Cybersecurity and Infrastructure Security Agency (CISA) published a second edition of the #StopRansomware Guide (the Guide). The Guide, first published in September 2020, aims to help organizations reduce...more

Polsinelli

Cybersecurity To-Dos in 2023

Polsinelli on

Introduction - The cybersecurity threat landscape continues to evolve and present new challenges pertaining to the protection of electronically stored information. Innovative “hacking” tactics constantly emerge and...more

Health Care Compliance Association (HCCA)

'Ecosystem' of Connected Devices Heightens Cybersecurity Risk

Report on Medicare Compliance 31 no. 18 (May 16, 2022) - In a version of the future that hopefully never comes, malware is able to remove malignant-looking tumors from CT or MRI scans before they were reviewed by...more

Benesch

Ransomware Response Complicated by Growing Number of Sanctions in Wake of Russian invasion of Ukraine

Benesch on

Entities facing significant legal risk, no matter the circumstances, if they make ransom payments to attackers connected to, or originating from Russia. As the Russian invasion of Ukraine continues, the U.S. government...more

Wyrick Robbins Yates & Ponton LLP

Worried about Ransomware? Ten Steps to Help Legal Counsel Understand and Mitigate the Risk

Executive teams in the U.S. live in fear of a successful ransomware attack, and who can blame them? Attacks are both prevalent and evolving. Many attackers have shifted from encrypting data and locking up systems to also (or...more

Reveal

Healthcare Organizations Must Deal with their Shadow Information Problem

Reveal on

A myopic focus on protecting EMR (Electronic Medical Records) systems has left healthcare organizations open to shadow information risk. In a world where hackers and ransomware criminals are regularly compromising healthcare...more

Carlton Fields

CF on Cyber: The Anatomy of a Ransomware Attack - Part 2

Carlton Fields on

In part 2 of this series, we continue to discuss the tools that cybersecurity teams use to combat ransomware attacks. Ransomware is a type of malware used by criminal organizations to gain unlawful access to computer...more

Carlton Fields

CF on Cyber: The Anatomy of a Ransomware Attack - Part 1

Carlton Fields on

Ransomware is a type of malware used by criminal organizations to gain unlawful access to computer networks and encrypt the data stored on those networks and render it unusable. The criminal organization then holds the data...more

Patterson Belknap Webb & Tyler LLP

Are You Ready for Ransomware? CISA Launches New “Stop Ransomware” Website Aimed at Testing Your Cybersecurity Preparedness

The federal government has been grappling with a holistic response to the massive uptick in destructive ransomware attacks that have bombarded the country in recent years.  As part of that response, the Cybersecurity and...more

Jones Day

New York Department of Financial Services Announces New Guidance on Ransomware Prevention

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On June 30, 2021, the New York Department of Financial Services ("NYDFS") identified key cybersecurity measures to prevent and prepare for ransomware attacks. ...more

TransPerfect Legal

The Colonial Pipeline Ransomware: Know Where Your Key Data Lives, Decrease Your Threat Footprint

TransPerfect Legal on

The Colonial Pipeline ransomware attack was the largest in the energy sector to date, and with cybercrimes up 100% from 2019 to 2020 this is only the beginning for 2021. Many organizations are taking on a digital...more

Alston & Bird

Top 7 Issues All General Counsel Need to Know About Ransomware

Alston & Bird on

Companies face increasingly tough decision points in preparing for and responding to the proliferation of ransomware attacks. Our Privacy, Cyber & Data Strategy Group outlines seven issues for general counsel to consider as...more

King & Spalding

Ransomware on the Rise in Critical Infrastructure Sector

King & Spalding on

Recent ransomware attacks against U.S. critical infrastructure, which includes the energy sector’s production of oil and natural gas, and other sources of electricity and power, have shed a spotlight on the importance of...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

BakerHostetler

Warning of Cybersecurity Threat to Healthcare Sector – Imminent Threat of Ransomware

BakerHostetler on

BakerHostetler is closely monitoring a Cybersecurity Advisory issued jointly by several government agencies including the United States Department of Health and Human Services (HHS) and the FBI, on October 28. ...more

Baker Donelson

FBI Warns Hospital and Health Care Providers are Under Attack

Baker Donelson on

A public cybersecurity advisory was issued yesterday about a likely ransomware attack against the health care and public health sector. The Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of...more

Epstein Becker & Green

Cyber Coverage in the Age of COVID-19 Need Not Result in Pandemonium

Epstein Becker & Green on

While businesses and their employees continue to operate in the “new frontier” of working-from-home during the COVID-19 pandemic and the gradual reopening of the economy, a serious risk continues to present itself: the threat...more

McDermott Will & Emery

[Webinar] COVID 19 Ransomware in Private Equity - Threats and Mitigation - July 1st, 4:00 pm BST

McDermott Will & Emery on

McDermott Will & Emery, in partnership with Alvarez & Marsal is hosting a tailored webinar, discussing the cyber security threats and mitigations facing private equity firms in response to the COVID-19 pandemic. One of the...more

Blank Rome LLP

[Webinar] Primers for Pandemic Litigation Update - Critical Assets at Risk: Protecting Data Privacy and Trade Secrets during...

Blank Rome LLP on

With the COVID-19 related increase in remote work, anxious employees are being increasingly targeted by cyber criminals and hackers with phishing scams, business e-mail compromise schemes, and malicious ransomware. At the...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

Bradley Arant Boult Cummings LLP

Three Practical Steps to Protect Your Construction Business Against Cyberattacks - Alabama Construction News

Every day, new instances of data breaches, ransomware attacks, and cybercrimes affect companies around the world. Many of these companies are in the construction industry. For some, the thought of protecting one’s...more

Womble Bond Dickinson

Preparing For and Responding to the Petya Ransomware Attack

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While still reeling from last month’s WannaCry attack, organizations worldwide were hit with another global ransomware attack this week, June 27, 2017. The infection began inside the Ukraine but has quickly spread across four...more

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