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Cybersecurity › Ransomware › Extortion

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 -
HaystackID

Inside CyberCX’s 2025 DFIR Report: MFA Failures and Espionage Risks Revealed

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The DFIR 2025 Threat Report from CyberCX offers a firsthand view of how cyber adversaries adapted and accelerated their tactics in 2024. Covering incidents across Australia, New Zealand, North America, and Europe, the report...more

HaystackID

[Webcast Transcript] Anatomy of a Business Email Compromise

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Editor’s Note: This webcast brings together some of HaystackID’s top experts to dissect the intricacies of Business Email Compromise (BEC) attacks—a rapidly growing threat impacting organizations globally. During the...more

Akin Gump Strauss Hauer & Feld LLP

New CISA Cybersecurity Incident Reporting Requirements Proposed for Critical Infrastructure Companies

Akin Gump Strauss Hauer & Feld LLP on

On April 4, 2024, the Department of Homeland Security’s (DHS) Cybersecurity and Infrastructure Security Agency (CISA) officially published its Notice of Proposed Rulemaking (NPRM) detailing significant new cybersecurity...more

Patterson Belknap Webb & Tyler LLP

Recent Ransomware Attacks Highlight the Evolving Challenges in Responding to Cyber Extortion

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A spate of recent ransomware attacks illustrates the increasingly difficult calculations that businesses face following the theft or encryption of their data....more

Guidepost Solutions LLC

Cyber Bullets for Small Law Firms

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In our rapidly evolving digital landscape, all organizations are facing an onslaught of cybersecurity threats. According to recent research, victims of cyber attacks paid out a record $1.1 billion last year and have already...more

BakerHostetler

NYDFS Proposed Amendments to Its Cybersecurity Rules

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​​​​​​​On July 29, the New York Department of Financial Services (NYDFS) released Draft Amendments to its Part 500 Cybersecurity Rules that include a number of significant amendments to the rules, including notification...more

Wiley Rein LLP

Multi-Faceted Extortion: Insider Look at Ransom Payments and Cyber Defense

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Day 3 at RSA Conference 2022 was filled with fascinating discussions on enhancing our cyber defenses to defeat the ever-proliferating spate of increasingly common and expensive ransomware attacks....more

Fenwick & West LLP

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

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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

Alston & Bird

US, UK, and Australia Issue Joint Cybersecurity Advisory on Ransomware Threat to Critical Infrastructure

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On February 9, 2022 the United States, United Kingdom, and Australia issued a joint Cybersecurity Advisory on the “Increased Globalized Threat of Ransomware” against critical infrastructure sectors (“Advisory”).  The Advisory...more

Pillsbury - Internet & Social Media Law Blog

The Many-Headed Threat of Ransomware

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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

Alston & Bird

EU Spotlight: Top 6 Issues All General Counsel Need to Know About Ransomware

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Ransom demands from cyber-attacks show no signs of slowing down, and the costs—both from ransom payments and repairing the damage—are rising precipitously. Our Privacy, Cyber & Data Strategy Team outlines six ways companies...more

Alston & Bird

DOJ Seizure of Ransom Payment Signals More Aggressive Stance by U.S. Government

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Following the creation of the DOJ’s Ransomware and Digital Extortion Task Force in April 2021 and on the heels of the Biden administration’s characterization of ransomware as a national security threat, on June 7, 2021, the...more

Pillsbury - Policyholder Pulse blog

Insuring a King’s Ransom: The Role of Cyber Insurance in Ransomware Risk Management

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Nearly 700 years ago, England captured King John II of France and held him for ransom for four million écus. But France could not afford to pay, and King John II ultimately traded his two sons as substitute hostages to try...more

Miller Canfield

Cyber-Attacks On The Rise: COVID-19 Scams to Watch Out For

Miller Canfield on

As the COVID-19 pandemic unfolds, we are witnessing countless stories of courageous men and women rising up to face the challenges and obstacles of this crisis. Unfortunately, crisis also presents opportunity for unscrupulous...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2020 #3

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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

Mitchell, Williams, Selig, Gates & Woodyard,...

Fueling the Fire: How Extortion Has Changed the Face of Data Breaches

Mitchell, Williams, Selig, Gates & Woodyard,... on

Ransomware attackers typically encrypt victims’ data and demand ransom in exchange for the decryption keys. Ransomware is not a new cybercriminal activity. In fact, ransomware attacks are over 30 years old. However, around...more

BCLP

Part 7: Cyber-Extortion

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The cyber-extortion most often discussed in the press is ransomware (i.e., malware that threatens to encrypt files or destroy systems unless a payment is made), other forms of cyber-extortion often raise more strategic issues...more

BCLP

Cyber-Extortion

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Extortion refers to situations where a third party demands that an organization pay money (or take some other action) or suffer an adverse consequences. Modern day extortion often takes the form of “cyber-extortion” – where...more

Robinson+Cole Data Privacy + Security Insider

OCR Warns of Cyber Extortion and Provides Checklist

Robinson+Cole Data Privacy + Security Insider on

In its January newsletter, the Office for Civil Rights (OCR) focused on cyber extortion, which it stated has “risen steadily over the past couple of years and continue to be a major source of disruption for many...more

K&L Gates LLP

Winter is Coming: The HBO Hack, Ransomware Attacks, and Cyber Extortion Coverage

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Cyber extortion and ransomware attacks made headlines across the globe this summer, but the cyber attack at HBO stands out due to the size of the ransom demanded ($6 million). The HBO hack highlights the importance of one of...more

K&L Gates LLP

What You Need to Know About Cyber Extortion Insurance Coverage

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Cyber extortion and ransomware attacks made headlines across the globe this summer. In May, the WannaCry virus infected hundreds of thousands of computers worldwide. In June, the NotPetya ransomware attack shut down hundreds...more

K&L Gates LLP

K&L Gates Triage: Cyber Insurance Issues for the Healthcare Industry

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This episode provides an overview of the major cyber security issues affecting the health care industry. Given that health care is one of the most frequently targeted industries by data hackers, this episode outlines the...more

Butler Snow LLP

Ransomware: Electronic Extortion for a Digital Era

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Last month, the FBI asked the American Bar Association to share a cyberalert with its members warning of an increased risk of ransomware. Ransomware poses significant legal and operational risks to businesses. Personnel at...more

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