News & Analysis as of

Cybersecurity Information Sharing Act (CISA) Ransomware Cyber Crimes

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

Alston & Bird

Ransomware Activity Trends in Q2 2024

Alston & Bird on

Ransomware attacks are hitting record highs in 2024 and show no sign of slowing down as new criminal groups enter the scene and employ a variety of evolving tactics. This post identifies key highlights of ransomware activity...more

Spilman Thomas & Battle, PLLC

Decoded Technology Law Insights, V 5, Issue 3, April 2024

Using AI to Build Cyber Resilience for Critical Infrastructure - "Cyber resilience serves as a literal survival strategy, offering a framework to detect threats, understand attacks, recover swiftly, and adapt to...more

Health Care Compliance Association (HCCA)

Privacy Briefs: March 2024

Research from Guidepoint Security found that 2023 saw an 80% increase in ransomware activity year-over-year, driven in part by multiple mass exploitation campaigns impacting hundreds of organizations. In total, the report...more

Constangy, Brooks, Smith & Prophete, LLP

#StopRansomware in its tracks

The national impact of ransomware is expanding. Following a dip in the recorded number of ransomware attacks for 2022, there have been multiple nationwide events with devastating effect in 2023. Given the damage across...more

Alston & Bird

CL0P Ransomware Gang’s Exploitation of MOVEit Vulnerability: What It Means for Companies

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On June 7, 2023, the Federal Bureau of Investigation (FBI) and the Cybersecurity and Infrastructure Security Agency (CISA) released a Joint Cybersecurity Advisory in connection with a recent zero-day (or previously...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

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

CISA and Partners Update the #StopRansomware Guide, Developed through the Joint Ransomware Task Force

On May 23, 2023, CISA, the Federal Bureau of Investigation (FBI), the National Security Agency (NSA), and the Multi-State Information Sharing and Analysis Center (MS-ISAC) published an updated version of the #StopRansomware...more

Davis Wright Tremaine LLP

CISA Announces Launch of Ransomware Prevention Initiative

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) announced the formation of a new program aimed at identifying and preventing ransomware attacks. The initiative is known as the Ransomware Vulnerability Warning...more

Robinson+Cole Data Privacy + Security Insider

FBI + CISA Warn Companies (Especially Health Care) About Zeppelin Ransomware

The FBI and CISA recently issued a Cybersecurity Alert entitled “#StopRansomware: Zeppelin Ransomware” providing an alert to organizations about the proliferation of Zeppelin ransomware attacks and information on the...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

Greenbaum, Rowe, Smith & Davis LLP

An Overview of the Strengthening American Cybersecurity Act

What You Need to Know- •The Strengthening American Cybersecurity Act will impose cyber incident and ransomware attack response protocol for a broad spectrum of businesses operating in numerous core industry sectors of the...more

Health Care Compliance Association (HCCA)

Report on Patient Privacy Volume 22, Number 2. Privacy Briefs: February 2022

Report on Patient Privacy 22, no. 2 (February, 2022) - Tensions between the U.S. and Russia could lead to a heightened risk of Russian state-sponsored cyberattacks on U.S. interests, including health care organizations,...more

Wiley Rein LLP

The Top 5 Cyber Issues for 2022

Wiley Rein LLP on

Amid a sharp rise in ransomware attacks over the past year, cyber gained prominence as a top business risk and national security concern – and 2022 is shaping up to be the year of cybersecurity standards and compliance....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

Health Care Compliance Association (HCCA)

2022 Outlook: More Dangerous Ransomware Coupled With Inadequate Security Practices

Report on Patient Privacy 22, no. 1 (January, 2022) - As the COVID-19 pandemic enters its third year, real “security fatigue” with pandemic-related issues will combine with cybercriminals’ increasingly sophisticated...more

Levenfeld Pearlstein, LLC

FBI Warns of Heightened Ransomware and Cybersecurity Risks During M&A Transactions and Over the Holidays

Federal agencies are warning businesses and consumers of heightened ransomware risks. On November 1, 2021, the FBI issued a Private Industry Notification, warning businesses that ransomware actors are using significant...more

Clark Hill PLC

October Is National Cybersecurity Awareness Month – Be Cyber Alert and Guard Against Ransomware

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This month is the 18th Annual National Cybersecurity Awareness Month in the United States, sponsored by the Cybersecurity and Infrastructure Security Agency (CISA) and the National Cyber Security Alliance. This year’s theme...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

Clark Hill PLC

OFAC Issues Updated Guidance on Paying Ransom – Buyer Beware of Sanction Risks

Clark Hill PLC on

On Sept. 21, the Treasury’s Office of Foreign Assets Control (OFAC) issued an Advisory updating and superseding its previous advisory issued Oct. 1, 2020. OFAC is careful to note that the Advisory is not law, and does not...more

Adams & Reese

The Department of Treasury Issues Guidance Regarding Sanctions Risks Inherent to Facilitating Ransomware Payments

Adams & Reese on

On September 21, 2021, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an updated advisory outlining the risks involved with facilitating ransom payments to malicious actors conducting...more

Jackson Lewis P.C.

FBI/CISA Alert: Increased Likelihood Of Ransomware Attacks Over Labor Day Weekend

Jackson Lewis P.C. on

Watch out! A spike in ransomware attacks may be headed our way over Labor Day weekend. Yesterday, the FBI jointly with the Cybersecurity and Infrastructure Security Agency (CISA) issued a warning to be on high alert for...more

Fox Rothschild LLP

Holiday Weekends Offer No Time Off From Cyber Threats

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Labor Day weekend is upon us. Unfortunately, history has shown that, rather than resting, hackers and other threat actors take advantage of holidays to attack closed or understaffed businesses when they least expect it. To...more

Rivkin Radler LLP

Take These Steps Now To Reduce Labor Day Cybersecurity Risk

Rivkin Radler LLP on

On August 31, 2021, the FBI and CISA (Cybersecurity and Infrastructure Security Agency) issued Alert AA21-243A, warning that there is an increased risk to U.S. entities of an “impactful ransomware attack” over Labor Day...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

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