News & Analysis as of

Cybersecurity Information Sharing Act (CISA) Cyber Attacks Office of Foreign Assets Control (OFAC)

Constangy, Brooks, Smith & Prophete, LLP

You’ve been hit with ransomware. Think twice before you pay.

You've been hit by a ransomware attack, and a cybercriminal group is demanding a cryptocurrency payment in exchange for your data's safe return. Should you pay? Deciding whether to pay a ransom is an internal business...more

Troutman Pepper Locke

Cyber Capsule - September 2022

Troutman Pepper Locke on

Welcome to our latest edition of the Cyber Capsule. September followed trends we have seen the last few months, with legislation directed at funding to support state and local governments in their quest to stop cyberattacks;...more

Fenwick & West LLP

To Pay or Not to Pay: Five Critical Approaches to Beating a Ransomware Threat

Fenwick & West LLP on

It’s the call you hope you never get. Your company has been hit with a ransomware attack. Your systems are offline. Your customer data was stolen by an unknown threat actor who is threatening to leak it. You have lots of...more

Wiley Rein LLP

2022 Cyber Watch List: A look at 2021 and What’s to Come in the Year Ahead

Wiley Rein LLP on

Privacy In Focus®- In 2021, cyber gained prominence as a top business risk and national security concern with ransomware attacks wreaking havoc on business operations and critical infrastructure. Companies large and small,...more

Patterson Belknap Webb & Tyler LLP

OFAC Ransomware Guidance: Prepare, Report, and (Preferably) Don’t Pay the Ransom!

As we have previously reported, there has been a major uptick over the past few years—and particularly during the COVID-19 pandemic—in ransomware attacks. These attacks consist of an intrusion by a cybercriminal into the...more

Fenwick & West LLP

OFAC Helps Those Who Help Themselves: How a Ransomware Response Plan Can Help Avoid Sanctions Enforcement for Ransom Payments

Fenwick & West LLP on

Many companies have a “no ransomware payment” stance until faced with a ransomware attack, especially an attack that causes significant business disruption. At that point, the company may reconsider its stance (or at least...more

Nossaman LLP

The Cyber Clock is Ticking: Biden Administration & Congress Advance Incident Reporting

Nossaman LLP on

As we reported on September 9th, meaningful and robust federal cybersecurity legislation is nearly across the finish line. Since then, further developments indicate that reporting mandates are imminent. On September 21st, the...more

Troutman Pepper Locke

Lawmakers Aim to Limit Ransomware Response Options

Troutman Pepper Locke on

Organizations worldwide were busy this weekend after Keyasa, a software provider servicing more than 40,000 organizations, disclosed that it was the victim of a sophisticated cyberattack that is believed to have been...more

Wiley Rein LLP

Ransomware: The Expanding Threat to Your Data and Steps that In-House Counsel Can Take Now

Wiley Rein LLP on

It is no secret that ransomware attacks have increased in sophistication and sheer numbers during the COVID-19 pandemic, but a silver bullet solution remains elusive. The government is attacking the problem in multiple ways....more

White and Williams LLP

Federal Advisory Warns Hospitals Facing “Increased and Imminent” Cyber Threat; 400 Hospitals Already Targeted

White and Williams LLP on

A Joint Cybersecurity Advisory (the Advisory) by the Cybersecurity & Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI) and the Department of Health & Human Services (HHS) has warned of an...more

McDermott Will & Emery

OFAC Advisory Warns of Civil Penalties for Ransomware Payments

McDermott Will & Emery on

The US Department of Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory alert on October 1, 2020, that serves as a warning to entities who have been or will be the victim of a ransomware attack. The...more

11 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide