News & Analysis as of May 5, 2025

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Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk... more +

Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk management, global regulations, data protection, leaks, hacking, cyber insurance, compliance, HIPAA, and every other aspect of cybersecurity of import to corporate readers right now. less -

Why Your Organization Should Be Thinking About Quantum Computing and the Future of Encryption

Pillsbury - Internet & Social Media Law Blog on 4/1/2025

Quantum computing (QC) is poised to disrupt cybersecurity in ways that business leaders and legal professionals cannot afford to ignore. But what exactly is quantum computing, why does it pose such a significant threat to...more

A Deeper Dive into the Proposed Modifications to the HIPAA Security Rule

Stoel Rives - Global Privacy & Security Blog® on 1/16/2025

“Through December 20, 2024, 575 security incidents involving unsecured protected health information affecting 500 or more individuals had been reported to Health and Human Services. Through the same date in 2023, 265...more

Caution! Credential Stuffing on the Rise

Mitratech Holdings, Inc on 4/12/2024

If you have a tendency to reuse the same password across multiple accounts, you could be leaving yourself (and your organization) exposed to risk. Credential stuffing, the stealthy technique fueling a recent explosion of...more

FTC Enters Consent Agreement With Blackbaud Following Major Data Breach

WilmerHale on 2/23/2024

On February 1, the Federal Trade Commission (FTC or “the Commission”) announced that it had reached a settlement with Blackbaud, a software company, resolving claims related to a 2020 data breach that resulted in the...more

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

Fisher Phillips on 2/22/2024

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

Complying With the FTC's Amended Safeguards Rule

Bradley Arant Boult Cummings LLP on 6/7/2023

Cybersecurity is a looming threat for most businesses. The impact of a major cyber event can resonate for weeks, months, and even years after the initial attack. To mitigate the risks to consumers, there have been several...more

When it Comes to Cybersecurity, ChatGPT Needs to Go Back to School

Ankura on 5/12/2023

With interest in Artificial intelligence (AI) soaring, we were curious to determine how well a very popular ‘generative AI’ tool, ChatGPT, could perform at identifying the leading causes of cybersecurity incidents experienced...more

Data Privacy and Cybersecurity New Laws and Regulations Report

Paul Hastings LLP on 10/6/2022

Throughout 2022, we continue to see regulators placing an emphasis on the importance of protecting and securing information, in particular consumer personal information, at both the federal and state levels. ...more

Getting ready for quantum computing: Managing the quantum threat

Eversheds Sutherland (US) LLP on 8/5/2022

Experts estimate that within the next decade or so, adversaries will have the capacity to use quantum computing to break the encryption on virtually all existing digital databases. This is why it is highly significant...more

North Carolina Prohibits Public Sector Entities from Paying Ransom in a Ransomware Cyberattack

Jackson Lewis P.C. on 5/25/2022

Organizations attacked with ransomware have a bevy of decisions to make, very quickly! One of those decisions is whether to pay the ransom. Earlier this year, I had the honor of contributing to a two-part series, entitled...more

Ransomware Case Signifies Shift In Cyber Insurers' Stance

Lowenstein Sandler LLP on 11/16/2021

Ransomware attacks are on the rise. Lax security measures, which have become more acute in the work-from-home environment, continue to be exploited. Companies' systems are hacked into, their data is encrypted, and they face...more

Riding the Wave of Cyber Insurance Claim Payments: A Trend Cresting or Crashing?

Lowenstein Sandler LLP on 10/19/2021

Ransomware attacks are on the rise. Cyber criminals continue to exploit lax security measures, which have become more acute in the work-from-home environment, and hack into companies’ systems, encrypt their data, and then...more

Cybersecurity Awareness Month: Tips On Practicing Basic Cyber Hygiene

Woods Rogers on 10/1/2021

In our first article to kick off Cybersecurity Awareness Month, we will discuss some steps businesses can take to improve their cyber hygiene. Over the past few years, some of the largest and well-known companies have been...more

Ransomware Gone Wild – And What You Need To Do To Protect Your Company

Constangy, Brooks, Smith & Prophete, LLP on 8/5/2021

The FBI has reported a 400 percent increase in cyber-attacks in 2020 – and, according to some reports, Ransomware makes up about 85 percent of those attacks. Ransomware is one of the most potentially damaging types of...more

Preparing for the Post-Quantum Migration: A Race to Save the Internet

Womble Bond Dickinson on 7/30/2021

Most people don’t know, or care to know, about cryptography. Without cryptography, the internet privacy that we all rely on for transmitting virtually all forms of digital communication would be insecure from attackers. Our...more

The Private Sector Should Heed White House Warning On Cyber Resilience Because Compliance Is Coming

Husch Blackwell LLP on 7/27/2021

The increased concern about ransomware incidents from both quantitative and severity standpoints, spurred the White House to urge corporate business leaders to improve their defenses and resilience posture against ransomware...more

Encrypt Consumer Data When Your Privacy Policy Says You Encrypt Consumer Data

Hinshaw & Culbertson - Privacy, Cyber & AI... on 6/16/2021

Once again, we see that inaccurate information in a privacy policy can land an organization in hot water. On June 7, 2021, the Federal Trade Commission (FTC) announced a proposed settlement with MoviePass pertaining to its...more

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

TransPerfect Legal on 6/4/2021

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

President Biden Announces Sweeping New Cybersecurity Reforms

Pillsbury Winthrop Shaw Pittman LLP on 5/20/2021

The President’s new Executive Order on Improving the Nation’s Cybersecurity includes wide-ranging measures intended to strengthen security standards for the federal government and federal government contractors in response to...more

President Biden Issues Executive Order to Strengthen U.S. Cybersecurity Practices

Foley & Lardner LLP on 5/14/2021

On May 12, 2021, President Biden issued an Executive Order on Improving the Nation’s Cybersecurity following a series of highly publicized cybersecurity incidents during the first four months of his presidency, including the...more

DOL Issues Cybersecurity Best Practices For ERISA Covered Retirement Plans

Jackson Lewis P.C. on 4/15/2021

Today, the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) issued much anticipated cybersecurity guidance for employee retirement plans. This comes more than four and a half years after the ERISA...more

Privacy Peril: The Dog Ate My Password

Bass, Berry & Sims PLC on 3/22/2021

We have (rightly) harped on the necessity of unique and complex passwords, strengthened by multi-factor authentication (temporary text codes, rolling RSA numbers, secret answers to questions, fingerprint or facial...more

Privacy Perils: Password Quarantine Hygiene

Bass, Berry & Sims PLC on 2/22/2021

Some have used the pandemic, and now the extended inclement weather, to learn to play a musical instrument, speak a new language or another new skill. If those are beyond any of your reasonable expectations, do not simply...more

FTC “Zooms” Into Settlement Agreement with Communications Company Over Concerns with its Security Practices

McGuireWoods LLP on 12/2/2020

On November 9, 2020 the FTC entered into a consent agreement with Zoom Video Communications, Inc. to address concerns over the videoconferencing platform’s security practices. With the onset of the COVID-19 pandemic, the need...more

FTC Announces Settlement With Zoom Resolving Data Security Concerns

Vinson & Elkins LLP on 11/20/2020

On November 9, 2020, the U.S. Federal Trade Commission (“FTC”) announced a proposed settlement with Zoom Video Communications, Inc. (“Zoom”), a video conferencing provider, to resolve claims that Zoom deceived users about the...more

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