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Extortion Cyber Crimes Ransomware

Patterson Belknap Webb & Tyler LLP

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

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

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

DSIR Deeper Dive: 2023 Crypto Threat Landscape

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Following one of the most turbulent years in crypto history, 2023, in contrast, unfolded as a year of reprieve, including from crypto threats. According to a July 12, 2023, report from blockchain analytics firm Chainalysis,...more

Dechert LLP

Dechert Cyber Bits - Issue 27

Dechert LLP on

FBI Seizes Hive Ransomware Servers—Blocks US$130 Million in Demanded Ransoms - On January 26, Attorney General Merrick Garland announced that the Department of Justice dismantled the “Hive” ransomware group, which had...more

Fenwick & West LLP

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

Fenwick & West LLP on

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

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

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

Privacy Tip #227 – Sextortion Ransomware

Criminal minds are creative, and new ransomware strains show just how creative cyber-attackers can be. A new strain of ransomware, dubbed Ransomwared, requests a different kind of payment from the victim than the typical...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

Symantec releases “Ransomware and Businesses” report

Symantec Corp released its annual “Ransomware and Businesses” report this week outlining the increasing sophistication of ransomware attacks. Individuals continue to be the primary target of ransomware attacks as they usually...more

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