News & Analysis as of

Data Breach Indictments

Baker Botts L.L.P.

'Ransom Cartel' Leader Indicted: A Reminder of Cybercrime’s Growing Reach

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The recent indictment of Maksim Silnikau, a Belarusian and Ukrainian national, is a clear reminder that cybercriminals are becoming more sophisticated and bold....more

Health Care Compliance Association (HCCA)

Report on Patient Privacy Volume 22, Number 10. Privacy Briefs: October 2022

Report on Patient Privacy 22, no. 10 (October, 2022) - Thirty Democratic senators led by Sen. Patty Murray, D-Wash., have called on HHS to strengthen federal privacy protections under HIPAA to broadly restrict providers...more

Health Care Compliance Association (HCCA)

Report on Patient Privacy Volume 22, Number 6. Privacy Briefs: June 2022

Report on Patient Privacy 22, no. 6 (June, 2022) - A report from the HHS Health Sector Cybersecurity Coordination Center (HC3) found that in early 2022, ransomware groups increasingly turned to legitimate software during...more

The Volkov Law Group

DOJ Charges Russian Officials for Two Historical Hacking Campaigns

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The Justice Department continues to prosecute Russian-related crimes.  Since the Ukraine Crisis, DOJ has steadily been announcing criminal charges against defendants connected to Russia. ...more

The Volkov Law Group

DOJ Battles Ransomware Attacks

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The Justice Department continues to attack and dismantle global ransomware extortion organizations.  Business surveys often confirm that executives are hyper-focused on the risk of ransomware attacks against businesses....more

Bracewell LLP

DOJ Announces More Equifax Charges – Credits Chinese Hackers

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On February 10, 2020, Attorney General William Barr announced the indictment of four members of the Chinese military on charges of hacking into Equifax’s computer networks, maintaining unauthorized access to those networks...more

Robins Kaplan LLP

Financial Daily Dose 2.11.2020 | Top Story: DOJ Indicts Four from Chinese Army Over 2017 Equifax Cyberattack

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-The DOJ has announced charges against four members of China’s military related to the 2017 cyberattack on credit-reporting agency Equifax, the breach that revealed “trade secrets and the personal data of about 145 million...more

Robinson+Cole Data Privacy + Security Insider

Hackers Indicted for Involvement in 2015 Anthem Data Breach

Earlier this month, a federal grand jury returned an indictment charging a Chinese national and another individual as part of an extremely sophisticated hacking group operating in China that targeted large businesses in the...more

Alston & Bird

Federal Prosecutors Announce Indictment of Chinese Hackers Involved in 2015 Anthem Data Breach

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On May 9, 2019, a federal grand jury unsealed an indictment of two members of a Chinese hacking group charged with a series of computer intrusions, including their involvement in the 2015 data breach at Anthem Inc., which...more

Ward and Smith, P.A.

Insider Guessing Can Still Land You in Jail

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The most basic story of insider trading goes something like this: a corporate insider learns secret company information in the course of doing her job. She then goes out and trades on it, making (or saving) a bunch of...more

Epiq

Increased Vigilance Needed Against Ransomware Attacks

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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

Bracewell LLP

Sophisticated International Hackers Continue to Target the Public Sector

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On November 26, 2018, the U.S. Department of Justice announced that it had secured an indictment of two hackers for using ransomware to extort over $6 million from municipalities, hospitals, and other public institutions. The...more

Sheppard Mullin Richter & Hampton LLP

You Might Be an Inside Trader If…You Trade on Your Unconfirmed Suspicions of a Cybersecurity Event Prior to Its Public Revelation...

Earlier this year, the SEC released cybersecurity guidance addressing, among other things, the risk of insider trading in the event of a data breach. This risk comes in multiple forms, including the intruders trading on...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - May 2018 #3

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CYBERSECURITY - Cyber Fraud Cost $1.4 Billion in 201 - The Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) recently released its yearly internet crime report, which states that over 300,000...more

King & Spalding

Unprecedented Hacking and Trading Scheme Highlights Key Cybersecurity Lessons

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On Aug. 11, 2015, federal prosecutors in the District of New Jersey and the Eastern District of New York unsealed indictments against nine individuals in the U.S. and Ukraine who were allegedly involved in a five-year,...more

Cozen O'Connor

Insider Trading Hack was Cinematic in Scope

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The U.S. Department of Justice announced indictments in Brooklyn and New Jersey last month of 32 people for fraudulently obtaining inside information and then using that knowledge to make millions in the market, in the...more

King & Spalding

Also In the News - Data, Privacy, & Security Practice Report - August 2015

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King & Spalding Client Alert On Unprecedented Hacking And Trading Scheme — On August 11, 2015, prosecutors in the District of New Jersey and the Eastern District of New York unsealed indictments against several individuals...more

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