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Federal Trade Commission (FTC) Hackers Cyber Attacks

BakerHostetler

Weekly Blockchain Blog - September 2024

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Crypto Payments Firms Announce New Integrations and Initiatives - According to reports, fintech bank Revolut recently announced a partnership with Ledger, a major crypto hardware wallet provider, to make it easier for...more

Foley & Lardner LLP

National Public Data Hack Exposes Millions: Essential Steps to Safeguard Your Identity and Combat Fraud

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The recent massive data breach at National Public Data (NPD), a background check company, has potentially compromised the personal information of millions, if not billions, of individuals, including their Social Security...more

Spilman Thomas & Battle, PLLC

Decoded Technology Law Insights, V 5, Issue 4, May 2024

MIT Report Details New Cybersecurity Risks - “Cloud misconfigurations, more sophisticated ransomware, and vendor exploitation attacks are contributing to rising cyberattacks.” Why this is important: Worldwide spending...more

Katten Muchin Rosenman LLP

Gone Phishing – Vigilance in the New Scam Era - Kattison Avenue | Issue 12

"Thank you for your order." "We tried delivering your package." We have all seen these subject lines in our inbox, but some are not so innocent. Business impersonation scams are not new, but some of their tricks are. These...more

Wilson Sonsini Goodrich & Rosati

FTC Amends Safeguard Rule with Requirement for Non-Banking Financial Institutions to Report Data Security Breaches

On October 27, 2023, the Federal Trade Commission (FTC) announced it is amending the Safeguards Rule of the Gramm-Leach-Bliley Act (GLBA) to include a requirement for non-bank financial institutions to report certain data...more

Katten Muchin Rosenman LLP

New FTC Rule Requires Certain Financial Institutions to Report Loss of Unencrypted Customer Data

On October 27, the Federal Trade Commission (FTC or Commission) published a final rule expanding data breach notification requirements for certain financial institutions (Final Rule). Federal Register, will require entities...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2023

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CYBERSECURITY - World Economic Forum’s Global Cybersecurity Outlook for 2023 Is Bleak - Sorry to be the bearer of bad news but remember that I am only the messenger. According to the World Economic Forum’s Global...more

Farella Braun + Martel LLP

Uber’s Former Chief Security Officer Found Guilty of Obstruction for Coverup of Data Breaches

On October 5, 2022, after a monthlong jury trial, former Uber Chief Information Security Officer Joseph Sullivan was found guilty of obstructing proceedings of the Federal Trade Commission (FTC) and misprision of a felony...more

McGlinchey Stafford

Stay atop emerging threats to fight cybercrime

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It is a relentless battle to protect your data from hackers, fraudsters and even nation-states that commit cyberattacks against the financial services sector. Legal requirements for data security come from a variety of...more

Dechert LLP

Dechert Cyber Bits - Issue 21

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US Federal Appellate Court Issues Opinion on Proof of Injury in Data Breach Cases - On September 2, 2022, the U.S. Court of Appeals for the Third Circuit reinstated a class action lawsuit that had previously been dismissed...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #340 – Smishing Scams Reminder

The Twilio and Cloudfare smishing attacks [view related post] provide a timely reminder of how sophisticated smishing attacks are and how they can affect businesses and their customers. But threat actors don’t just attack...more

Ankura

Ankura Cyber Threat Intelligence Bulletin (January 2022)

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Over the past sixty days, the Ankura Cybersecurity team has worked with clients to solve cybersecurity challenges involving the rampantly exploited Log4Shell vulnerability, recent security changes within Meta (Facebook), and...more

BakerHostetler

U.S. Bank Acquires Blockchain Infrastructure; SEC Approves Blockchain-Based Exchange; FTC Warns on Crypto Scams; NFT Threats,...

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U.S. Bank Seeks to Launch Stablecoin; New Crypto Payments Data Released - A well-known digital payments consortium sold its technology platform this week to a U.S.-based bank known for its cryptocurrency-related offerings....more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - January 2022 #2

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CYBERSECURITY - New Mexico County Recovering from Ransomware Attack - Another day, another governmental entity hit with a ransomware attack. If you are a resident of Bernalillo County, New Mexico, and you need a marriage...more

Wilson Sonsini Goodrich & Rosati

2021 Privacy and Cybersecurity Year in Review

FTC Activities in 2021 and Likely Trends for 2022 2021 saw the kickoff of the Khan era at the Federal Trade Commission (FTC). During FTC Chair Lina Khan's first nine months on the job, she has announced privacy and security...more

Dechert LLP

Dechert’s Privacy & Cybersecurity Extended Forecast for 2022: Hot Today. Hotter Tomorrow!

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​​​​​Few things are certain, but it is indisputable that in 2022 data will remain big; data driven technologies will create unparalleled opportunity and risk; the frequency and sophistication of cyberattacks will shatter...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - January 2022

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CYBERSECURITY - FTC Warns Companies of Enforcement for Failing to Patch Log4j Vulnerability - In what I would describe as an unusual but interesting move by the Federal Trade Commission (FTC), on January 4, 2022, it...more

Robinson+Cole Data Privacy + Security Insider

FTC Warns Companies of Enforcement for Failing to Patch Log4j Vulnerability

In what I would describe as an unusual but interesting move by the Federal Trade Commission (FTC), on January 4, 2022, it issued a warning to companies “to remediate Log4j security vulnerability” or face an enforcement action...more

Wyrick Robbins Yates & Ponton LLP

App-etite for Notification: FTC Says “Welcome to the Jungle” to Mobile Health App Developers in Policy Statement on Health Breach...

Last week’s news that the Federal Trade Commission is taking steps to begin rulemaking on consumer privacy and artificial intelligence drew plenty of attention from privacy professionals, and suggests 2022 could be an...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - October 2021

In this month’s edition of our Privacy & Cybersecurity Update, we examine the FTC’s changes to the Gramm-Leach-Bliley Act’s Safeguards Rule and the CFPB’s order requiring six tech companies to disclose information regarding...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - September 2021

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CYBERSECURITY - FBI Warns of Hive Ransomware Following Attack Against Hospital System - On August 25, 2021, the FBI issued a Flash Alert to warn companies, especially in the health care industry, about the proliferation...more

Morgan Lewis

How to Prepare for Cybersecurity Incidents and Enforcement Actions

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As financial damages caused by cyberattacks continue to rise, many companies are looking for ways to both prepare for potential risk and respond to an actual incident. ...more

Husch Blackwell LLP

New York’s Investigation Of Dunkin Donuts Results In A Promise To Abide By The SHIELD Act's Requirements

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Key Point: The New York Attorney General’s Office (NYAG) reached a Consent and Stipulation Agreement with Dunkin’ Brands, Inc. (Dunkin), which obligates the company to implement and maintain a comprehensive information...more

Seyfarth Shaw LLP

FTC Touts Refined Approach to Data Security Enforcement

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Synopsis: On January 6, 2020, Andrew Smith, director of the Federal Trade Commission’s Bureau of Consumer Protection, outlined in a blog post the agency’s new approach to data security orders. The agency implemented this...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #220 – Identity Theft Still in Top Three Frauds Reported to FTC

Three million fraud cases were reported to the FTC in 2018, and 444,602 of them involved identity theft. These reported cases (just think of how high the statistic would be if all cases were reported) amounts to the third...more

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