News & Analysis as of

Data Breach Digital Assets

BakerHostetler

Deeper Dive: Understanding the 2023-24 Crypto Threat Landscape

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As the Web3 and digital assets ecosystem continues to grow, hacks, scams and other threats remain a major cause for concern and a potential impediment to broader adoption. Data from various sources indicates that after a year...more

Mayer Brown

Investing in or Acquiring a Digital Assets Business? Watch Where You Step – Maximizing Value and Managing Risk in Digital Assets...

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As applications and use cases for digital assets and their blockchain infrastructure grow and become more sophisticated, investments and valuations for businesses in these areas have grown as well. The growing number of...more

K&L Gates LLP

Doing Business in Australia

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Australia welcomes new business and foreign investment by providing a strong economy, a stable political environment and a skilled and talented workforce. Our comprehensive guide to Doing Business in Australia has been...more

Robinson+Cole Data Privacy + Security Insider

Hackers Steal $4.4M Crypto Using Data Linked to LastPass Breach

According to Bleeping Computer, crypto fraud researchers at ZachXBT, and MetaMask developer Taylor Monahan have reported that on October 25, 2023, “hackers have stolen $4.4 million in cryptocurrency using private keys and...more

K2 Integrity

Cybersecurity Awareness Month: Doubling Your Account Security With Multi-Factor Authentication

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This article is the second in a series of articles about Cybersecurity Awareness Month. Throughout October, K2 Integrity will be providing tips and solutions to organizations to commemorate the 20-year anniversary of the...more

Dunlap Bennett & Ludwig PLLC

The Role Of A Cybersecurity Law Firm In Safeguarding Digital Assets

In today’s digital landscape, organizations face numerous cybersecurity threats that can compromise their valuable digital assets, including their data, IT infrastructure, networks, software, and intellectual property (IP)....more

Reveal

Information Governance 101: Everything You Need to Know To Get Started in 2023

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Information governance (IG) plays an increasingly significant role of the way corporations do business. But what do organizations do with all their data? Where do they store it—and is it secure, well organized, and...more

Orrick, Herrington & Sutcliffe LLP

District Court approves $4.3 million data breach settlement

Earlier this month, the International Organization of Securities Commissions (IOSCO) released draft policy recommendations to support greater regulatory and oversight consistency within the crypto and digital assets markets....more

Goodwin

Court Holds All DAO Governance Token Holders Can Be Held Responsible for the Actions and Inactions of the DAO

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A California federal court recently held that all governance token holders were responsible for any losses suffered in a security incident. Specifically, the court, in denying a motion to dismiss, ruled in part in favor of a...more

Harris Beach PLLC

New York Sends Clear Message Crypto Exchanges and Banks Must Meet AML Obligations

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New York’s Department of Financial Services (“DFS”) recently announced a $100 million settlement with Coinbase, Inc., one of the world’s largest cryptocurrency exchanges, for Bank Secrecy Act/Anti-Money Laundering (“BSA/AML”)...more

Shipkevich PLLC

Metaverse Primer

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The term “metaverse” first appeared in 1992 as an abstract concept in Neal Stephenson’s dystopian novel Snow Crash. Two decades later, the Metaverse has since evolved from a mere idea to a figment of everyday reality, as it...more

The Rodman Law Group, LLC

Crypto and NFT Asset Security

In June, OpenSea revealed user email addresses were compromised due to vendor employee error. As virtually all NFT investors do, if you have an OpenSea account then you likely had your email address leaked in late June due to...more

BakerHostetler

[Podcast] 2022 DSIR Report Deeper Dive: Vendor Forensics

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The Data Security Incident Response Report features insights and metrics from 1,270+ incidents that members of the firm’s DADM Practice Group helped clients manage in 2021. This episode takes us deeper into forensics....more

Spilman Thomas & Battle, PLLC

Decoded: Technology Law Insights, Volume 3, Issue 9

Avoiding Data Breaches: A Guide for Boards and C-Suites "Recently, plaintiffs have targeted corporate board members and C-level executives alleging that their data privacy–related claims result from a breach of fiduciary...more

Spilman Thomas & Battle, PLLC

Decoded: Technology Law Insights, Volume 3, Issue 7

Britain Announces Plans to Mint Its Own NFT as It Looks to ‘Lead the Way’ in Crypto - "Glen said the government was also 'widening' its gaze to look at other aspects of crypto, including so-called Web3, a movement that...more

Morrison & Foerster LLP

Financial Services Report - Spring 2021

Can you say 0 to 60? Not cars, but pretty much everything to do with financial services. A new year, a new administration, and new challenges for providers. Prior CFPB Director Kraninger is long gone. Acting Director Uejio...more

Pillsbury Winthrop Shaw Pittman LLP

Cybersecurity Preparedness and the Growing Importance of Operational Resiliency

Creation of a new rapid response team signals regulators may turn today’s cyber examination priorities into tomorrow’s enforcement priorities. The Securities and Exchange Commission, New York State Department of Financial...more

Burr & Forman

Cyber Still Atop Exam Priorities

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FINRA held its bi-annual Cybersecurity Conference in January and recently published five take-away real-world experiences from the conference...more

Foley Hoag LLP - White Collar Law &...

White Collar Year in Preview: SEC Enforcement Trends in 2020

Editors’ Note: This is the first in our start-of-year series examining important trends in white collar law and investigations in the coming year. Up next: a look at trends in health care enforcement. Look for additional...more

BCLP

Digital Asset Exchange Data Exposure Invites Consideration

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On November 1, 2019, Digital Asset Exchange BitMEX announced that a substantial volume of its customers’ email addresses had been inadvertently leaked in email communications. While the precise nationalities and identities of...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - September 2019

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The Wolcott school system in Wolcott, Connecticut has been recovering for four months from a ransomware attack that hit its system at the end of the school year. Last week, it was hit with a second attack. According to...more

Williams Mullen

Due Diligence of Corporate Data Assets In M&A Transactions: Data Protection/Privacy

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As data are quickly becoming significant corporate assets, lawyers need to help companies both maximize the value of their data and protect the business against any associated risks. This is particularly true in M&A...more

Robinson+Cole Data Privacy + Security Insider

Fortnite Players Sue for Alleged Exposure of Payment Information for Vbucks

Players of the popular Fortnite video game have filed a proposed class action suit against the video game’s owner, Epic Games Inc. (“Epic”) alleging that Epic failed to protect players’ accounts, allowing hackers access to...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - January 2019

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Just before the new year, the Department of Health and Human Resources (HHS) released voluntary cybersecurity practices for health care organizations, which consists of a main document, two technical volumes, and resources...more

Robinson+Cole Data Privacy + Security Insider

Data Breach Results in $1.4 Million Theft from CHET 529 College-Savings Accounts

On June 27, 2018, the State of Connecticut Treasurer’s Office announced that about $1.4 million had been stolen from Connecticut Higher Education Trust (CHET) college-savings accounts. This theft resulted from data security...more

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