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Cybersecurity Encryption Ransomware

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 -
Foley & Lardner LLP

Cybersecurity Executive Order—Key Implications for the Manufacturing Industry

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On January 16, 2025, President Joe Biden issued the “Executive Order on Strengthening and Promoting Innovation in the Nation’s Cybersecurity,” a comprehensive directive designed to address the growing complexity and...more

Troutman Pepper Locke

6 Considerations to Determine if a Cyber Incident Is Material

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In late June, the staff of the U.S. Securities and Exchange Commission’s Division of Corporation Finance released five new compliance and disclosure interpretations regarding the disclosure of material cybersecurity incidents...more

Constangy, Brooks, Smith & Prophete, LLP

NY-licensed financial services companies must harden incident response plans, improve breach readiness by November 1

New York’s Cybersecurity Regulation continues its phased roll-out on November 1, when licensed financial services companies face a host of new requirements aimed at bolstering breach readiness and improving their ability to...more

Hogan Lovells

FBI obtains 7,000 LockBit decryption keys providing some victims relief

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Victims of LockBit ransomware attacks can reach out to the FBI for decryption keys and all companies can prepare against ransomware attacks. The FBI secured 7,000 LockBit decryption keys, providing victims of LockBit...more

Fisher Phillips

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

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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

American Conference Institute (ACI)

[Event] 13th Advanced Forum on Global Encryption, Cloud & Cyber Export Controls - March 29th - 30th, San Francisco, CA

Hosted by American Conference Institute, the 13th Advanced Forum on Global Encryption, Cloud & Cyber Export Controls returns for another exciting year with curated programming that will dive into the intricacies of...more

Jackson Lewis P.C.

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

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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

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

Lowenstein Sandler LLP

Ransomware Case Signifies Shift In Cyber Insurers' Stance

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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

Lowenstein Sandler LLP

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

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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

Esquire Deposition Solutions, LLC

Staying Secure in the New Hybrid Workplace

Most observers believe that the legal profession is rapidly moving toward so-called “hybrid workplaces,” a term office managers use to describe a mixed-work environment that spans brick-and-mortar law offices, home offices,...more

Constangy, Brooks, Smith & Prophete, LLP

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

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

Husch Blackwell LLP

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

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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

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

Pillsbury Winthrop Shaw Pittman LLP

President Biden Announces Sweeping New Cybersecurity Reforms

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

Robinson+Cole Data Privacy + Security Insider

New Decryption Tool Offered to Combat GandCrab Ransomware Before it Retires

The attackers behind the vicious ransomware known as GandCrab have made their money (loosely estimated at over $2 billion) and are retiring. Most of us work for a living and then retire, but these guys steal money to retire....more

Epiq

Increased Vigilance Needed Against Ransomware Attacks

Epiq on

In late 2018 the U.S. District Court of New Jersey indicted two Iranian men for allegedly running a hacking scheme that hit local and state governments as well as transportation agencies and hospitals across the U.S. The...more

Thomas Fox - Compliance Evangelist

Compliance into the Weeds-Episode 39, Disclosure of Ransomware Attacks

In this episode Matt Kelly and I take a deep dive into the question of whether a company has a duty to disclose ransomware attacks. We consider it from the regulatory, legal, ethical, law enforcement, business, PR and some...more

Womble Bond Dickinson

When “WannaCry” Strikes: Preparing for and Responding to the Largest Ransomware Attack in History

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As many around the world were preparing for the Mother’s Day weekend, the WannaCry ransomware attack hit over 70,000 organizations in nearly 100 countries in just one day, Friday, May 12th. After the weekend, the attack had...more

BakerHostetler

TeslaCrypt Ransomware Developers Retire, Release Master Decryption Key

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Ransomware is a particularly nefarious type of malware that hijacks computers and forces victims to pay a ransom in order to access their files. One of the reasons it is so successful is because ransomware developers use...more

Carlton Fields

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

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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

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