News & Analysis as of

Cybersecurity › Hackers › Bitcoin

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 -
Holland & Knight LLP

Sophisticated Crypto Theft Targeting High-Net-Worth Individuals

Holland & Knight LLP on

A recent court case has unveiled a new level of sophistication in attacks targeting high-net-worth cryptocurrency holders. In a meticulously orchestrated scheme, hackers managed to steal more than $40 million in bitcoin from...more

Fox Rothschild LLP

Ransomware Attacks Against Healthcare Providers Continue to Increase

Fox Rothschild LLP on

The systems healthcare providers use to provide safe and reliable patient care, and their confidential patient information, provide attractive targets for hackers using ransomware to extort payment....more

Robinson+Cole Data Privacy + Security Insider

Karakurt Extortion Group Auctions Data for Ransom

Robinson+Cole Data Privacy + Security Insider on

On June 2, 2022, CISA (the Cybersecurity and Infrastructure Security Agency), the FBI, the Department of the Treasury and the Financial Crimes Enforcement Network issued a joint Cybersecurity Alert warning companies of the...more

Hogan Lovells

The US$4.5 billion Bitfinex hack – five things you should know

Hogan Lovells on

The hack of the Hong-Kong based crypto-exchange Bitfinex has been described as the “heist of the century”. Where a crypto-asset is in play in litigation, in particular as a potential target for enforcement, parties should be...more

Spilman Thomas & Battle, PLLC

Decoded: Technology Law Insights, Volume 3, Issue 5

Spilman Thomas & Battle, PLLC on

The Cryptocurrency Revolution and President Biden's Formal Recognition - Out of the ashes of the 2008 financial crisis, Bitcoin sprang up like an insurgency, targeting both the unbridled activity of large financial...more

Spilman Thomas & Battle, PLLC

Decoded: Technology Law Insights, Volume 2, Issue 16

Spilman Thomas & Battle, PLLC on

The T-Mobile Data Breach is One You Can’t Ignore - "Hackers claim to have obtained the data of 100 million people—including sensitive personal information." Why this is important: Earlier this week, reports began...more

Fisher Phillips

The Use of Bitcoin and Cryptocurrencies in Ransomware Attacks: Why Employers Should Care

Fisher Phillips on

As ransomware attacks continue to become more of a concern for employers of all sizes, an increasing number of hackers are demanding cryptocurrency such as Bitcoin in exchange for ending their attack. The recent ransomware...more

The Volkov Law Group

The Justice Department Strikes Back and Recovers Ransom Paid by Colonial Pipeline

The Volkov Law Group on

You just can’t make this stuff up – the Justice Department, displaying its growing sophistication of the cyber world, announced it recovered most of the ransom paid to criminal hackers of Colonial Pipeline Co. (Colonial)....more

Robinson+Cole Data Privacy + Security Insider

DOJ Grabs Colonial Pipeline Crypto Wallet from DarkSide

Robinson+Cole Data Privacy + Security Insider on

In an unusual and exciting twist to the Colonial Pipeline ransomware attack, the Department of Justice (DOJ) announced this week that it was able to retrieve $2.3 million of the $4.4 million paid by Colonial Pipeline to...more

Kelley Drye & Warren LLP

Explaining Cryptocurrency’s Ransomware Problem

Kelley Drye & Warren LLP on

The recent ransomware attacks on Colonial Pipeline and JBS led to a flurry of calls to ban Bitcoin (and cryptocurrency generally) as enabling and incentivizing these attacks. Given the difficulty of tracking the...more

Kramer Levin Naftalis & Frankel LLP

DOJ Seizes Millions in Ransom Paid to Colonial Pipeline Hackers

Kramer Levin Naftalis & Frankel LLP on

On June 7, the Department of Justice (DOJ) announced that it seized 63.7 of the 75 bitcoins paid by Colonial Pipeline to ransomware attackers last month. The recovered bitcoins were valued at $2.3 million at the time of...more

Robinson+Cole Data Privacy + Security Insider

Crypto Exchange BuyUCoin Database Leaked

Robinson+Cole Data Privacy + Security Insider on

Indian news outlet Inc42 has reported that the ShinyHunters hacking group found some shiny objects when it was able to compromise the personal information of hundreds of thousands of individuals using the crypto exchange...more

Robinson+Cole Data Privacy + Security Insider

New York Department of Financial Services Issues Report on Recent Twitter Hack

Robinson+Cole Data Privacy + Security Insider on

You probably heard about the recent hack of Twitter accounts that took place on July 15, 2020. The hackers took over several prominent Twitter accounts, which resulted in a scam that netted over $118,000 in bitcoin for the...more

Hinshaw & Culbertson - Consumer Crossroads

NYS DFS Publishes its Investigative Report of the Twitter Hack of July 2020

Hinshaw & Culbertson - Consumer Crossroads on

The New York State Department of Financial Services issued a press release on Thursday announcing the publication of its investigative report of the July 2020 Twitter hack. The exhaustive report reviews the facts surrounding...more

Jackson Lewis P.C.

New Ransomware Tactics And Strains Emerge, Including Public Auctions Of Stolen Data

Jackson Lewis P.C. on

As many have learned over the last several years, ransomware is a type of malware that denies affected users access to critical data by encrypting it. Attackers profit handsomely by requiring victims to pay substantial sums,...more

Robinson+Cole Data Privacy + Security Insider

Alabama City Hit with Ransomware

Robinson+Cole Data Privacy + Security Insider on

On June 5, 2020, Florence, Alabama’s information technology systems were hit with ransomware by the DoppelPaymer group demanding a ransom payment of $378,000 in bitcoin....more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - April 2020 #3

Robinson & Cole LLP on

Sodinokibi Hackers Switch Payment Mechanism to Monero - The hackers behind the Sodinokibi/REvil ransomware have reportedly switched their demands for payment from Bitcoin or Ethereum to Monero cryptocurrency to try to...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2020 #3

Robinson & Cole LLP on

Natural Gas Compressor Facility Shut Down After Ransomware Attack - The Department of Homeland Security (DHS) announced this week that a ransomware attack shut down a natural gas compressor facility for two days. While in...more

Robinson+Cole Data Privacy + Security Insider

Ransomware—to Pay or Not to Pay and Should We Get a Bitcoin Wallet Just in Case?

Robinson+Cole Data Privacy + Security Insider on

There’s nothing worse than paying criminals. And paying a ransom for data is just that—paying criminals for a criminal act. All you get out of the payment is access to your data....more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2020 #2

Robinson & Cole LLP on

Ransomware Attacks Predicted to Occur Every 11 Seconds in 2021 with a Cost of $20 Billion - Confirming what we are seeing in the field, cybersecurity firm Cybersecurity Ventures has predicted that, globally, businesses in...more

Proskauer - Blockchain and the Law

Blockchain 51% Attacks – Lessons Learned for Developers and Trading Platform Operators

Proskauer - Blockchain and the Law on

Once purely theoretical, “majority” or “51%” attacks on public blockchains have dealt participants a reality check: The fundamental assumption of Satoshi Nakamoto’s 2008 Bitcoin whitepaper (that computing power will remain...more

Robinson+Cole Data Privacy + Security Insider

British Member of “The Dark Overlord” Hacking Organization Extradited to Face Conspiracy and Identify Theft Charges in the United...

Robinson+Cole Data Privacy + Security Insider on

Beginning in 2016, the computer hacking organization known as “The Dark Overlord,” began to target victims in the St. Louis, Missouri area, including various health care providers, several accounting firms, and a medical...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - December 2019

Robinson & Cole LLP on

National Veterinary Associates (NVA), a large network of veterinary hospitals and clinics, has reportedly been the victim of a ransomware attack. According to the reports, NVA employs more than 2,600 veterinarians, with over...more

BakerHostetler

Supply Chain Pilots Advance, Bitcoin Decentralization Improves, Hacks Continue, Foreign Regulations Evolve

BakerHostetler on

Blockchain Pilots for Supply Chain and Land Titles, Improved Analytics, and Decentralization - Earlier this week IBM announced the completion of a shipment tracking trial that recorded the bill of lading on a blockchain....more

BakerHostetler

Blockchain for NASA and IoT, Developments in Crypto Products and Payments, Cryptocurrency Exchange Hacked

BakerHostetler on

The Blockchain Effect: NASA, IoT, Supply Chain and State Initiatives - On Monday, NASA Ames Research Center published a paper about a permissioned blockchain framework that addresses privacy and security issues for FAA air...more

49 Results
 / 
View per page
Page: of 2
Next »

"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:
Sign up Log in
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide