News & Analysis as of

Cyber Threats Encryption

Fisher Phillips

Ransomware Costs Businesses Record-High $1 Billion in 2023: Your 5-Step Plan to Prevent Attacks in 2024

Fisher Phillips on

2023 was the most devastating year yet for ransomware attacks, with businesses forking over $1 billion in ransom payments for the first time ever – and 2024 is expected to be even worse. Beyond the payments, the average cost...more

Pillsbury - Internet & Social Media Law Blog

The Many-Headed Threat of Ransomware

It may seem that the very term “ransomware” wasted little time going from “newish-sounding threat” to expected, constant presence in the news and IT meetings alike. But, of course, it’s ultimately just a modern word for one...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

Faegre Drinker Biddle & Reath LLP

October is National Cybersecurity Awareness Month

October is National Cybersecurity Awareness Month (NCAM). NCAM serves as a timely reminder to continue to assess and improve organizational cybersecurity. In honor of NCAM, here are five fundamental steps that every...more

Stoel Rives - Global Privacy & Security Blog®

New tool released that may allow bad actors with almost any skill set to bypass many implementations of Two-Factor Authentication...

Until recently, hackers have had limited success stealing Two-Factor Authentication (2FA) PIN and token information. Unfortunately, a tool has been released that will now make it much easier for practically any bad actor to...more

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

Privacy and Data Security Strategies for Start-Up Companies

Start-up companies know that, when potential investors kick the tires, they will look carefully at the company’s business model and IP portfolio. These days, investors are also likely to look at whether the company is in...more

Jones Day

Global Privacy & Cybersecurity Update Vol. 14

Jones Day on

New York Attorney General Announces Record Number of Data Breach Notices in 2016 - On March 21, 2017, the New York Attorney General's Office announced that it received 1,300 reported data breaches in 2016—a 60 percent...more

Miller & Martin PLLC

Tennessee Legislature Amends Data Breach Notification Statute - Encryption is No Longer an Automatic Safe Harbor

Miller & Martin PLLC on

On March 24, 2016, Governor Haslam signed S.B. 2005 which amends Tennessee's data breach notice statute. The amended statute will go into effect on July 1, 2016. The new Tennessee breach notice requirements are triggered by...more

King & Spalding

Federal Agencies To Secure Information Systems And Assess Adequacy Of Cyber-Related Workforce

King & Spalding on

Two provisions of the Cybersecurity Act of 2015—the Federal Cybersecurity Enhancement Act and the Federal Cybersecurity Workforce Assessment Act?task the Department of Homeland Security (“DHS”) and the Office of Management...more

Carlton Fields

Don’t Get Locked Out: Is Ransomware a Threat to Your Business?

Carlton Fields on

Ransomware is a type of malware that locks access to a computer and its drives. Many forms of ransomware take complete control of the computer system, encrypt all of the files, and deny access to the system and any files...more

Proskauer on Privacy

SEC Announces Cybersecurity Enforcement Action

Proskauer on Privacy on

On September 22, 2015, the Securities and Exchange Commission (SEC) announced the settlement of an enforcement action against a St. Louis-based registered investment adviser (Adviser) brought under Rule 30(a) of Regulation...more

Foley & Lardner LLP

Recent Enforcement Shows the Importance of Encrypting Mobile Devices Containing Protected Health Information

Foley & Lardner LLP on

With headlines every day announcing another release of Protected Health Information (PHI), providers are asking themselves – is there a way to protect against these breaches? Beyond improving the security of large...more

Robinson+Cole Data Privacy + Security Insider

Maryland AG settles with Visionworks over security practices

Using the Maryland Consumer Protection Act, Maryland Attorney General Brian Frosh has announced that eye care retailer Visionworks, Inc. has agreed to pay the state of Maryland $100,000 and enhance its security measures...more

King & Spalding

GAO Issues Report Citing Shortcomings In Federal Government Cybersecurity

King & Spalding on

On July 8, 2015, the Government Accountability Office (“GAO”) issued a report finding that agencies across the federal government continue to have shortcomings in preventing, detecting, and responding to cyber threats. The...more

Manatt, Phelps & Phillips, LLP

Class Is in Session: The FTC Launches New Data Security Initiative

Why it matters - The Federal Trade Commission (FTC) kicked off a new educational initiative to provide guidance to businesses in the area of data security. Based on the lessons learned from more than 50 of the agency's...more

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