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Fraud Ransomware

Fraud is the making of false representations or engaging in deceptive behavior in order to unlawfully secure financial or personal gain. 
Clark Hill PLC

Right To Know - April 2025, Vol. 28

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Welcome to your monthly rundown of all things cyber, privacy, and technology, where we highlight all the happenings you may have missed. ...more

HaystackID

Rising Cyber Threats in Europe’s Financial Sector: An ENISA Overview

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Between January 2023 and June 2024, cyber threats targeting Europe’s financial sector escalated, posing risks to banks, financial service providers, and regulatory bodies. According to the ENISA Threat Landscape: Finance...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

Cybersecurity After SolarWinds: Practical Guidance for CISOs Under the New Rules

Judge Engelmayer’s 107-page dismissal of most of the U.S. Securities and Exchange Commission (SEC)’s claims against SolarWinds provides valuable guidance, and some comfort, for public companies and Chief Information Security...more

BakerHostetler

Weekly Blockchain Blog - April 2024 #5

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Hong Kong Approves Crypto ETFs; Crypto Security, Payments Products Launch - According to recent reports, the Hong Kong Securities and Futures Trading Commission has conditionally approved the launch of the first spot...more

ASKramer Law

Digital Asset Theft Loss Deductions are More Complicated Than You Think

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Taxpayers can take a tax deduction with respect to “theft” losses that result from an illegal “taking of property” done with criminal intent. Among various other types of criminal activities, fraud is treated as theft under...more

HaystackID

[Webcast Transcript] M365 for Law Firms and Lawyers: Purview Premium eDiscovery and Security, Capabilities and War Stories

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Editor’s Note: In a rapidly evolving technological landscape, understanding the capabilities and limitations of platforms like Microsoft 365 (M365) is crucial for law firms, especially in the realms of eDiscovery and...more

Morrison & Foerster LLP

Department of Justice and Commodities Futures Trading Commission Expand Crypto and Cybersecurity Teams

Overall cryptocurrency crime levels are down, according to a report from Chainalysis reviewing crypto crime trends, but this past year has still seen certain categories of crypto crime, such as ransomware, continue to...more

Kohrman Jackson & Krantz LLP

Coverage Challenges in Ransomware Claims: Cyber Insurance Policies and Trends in Denials

A consistent pattern emerges in data breach and cyber-attack cases when companies turn to their insurers for coverage after such incidents. Whether they possess specialized cyber insurance or not, insurers often decline...more

Bradley Arant Boult Cummings LLP

Cybersecurity in the U.S. Construction Industry: Navigating Challenges and Strategies for a Secure Future – Part 1

The construction industry’s rapid digital transformation has opened the door to new cybersecurity challenges. As the sector adopts innovative technologies like cyber-physical systems, Building Information Modeling (BIM), and...more

BakerHostetler

Deeper Dive into the Data

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Every year, BakerHostetler collects and analyzes various metrics about the incident response matters we handle. In 2022, we handled over 1,160 incidents. The most striking trends we saw across those incidents were an overall...more

Morrison & Foerster LLP

Top 5 SEC Enforcement Developments for March 2023

In order to provide an overview for busy in-house counsel and compliance professionals, we summarize below some of the most important SEC enforcement developments from the past month, with links to primary resources...more

Ervin Cohen & Jessup LLP

Companies That Pay Hackers May Be Able to Recoup Their Losses

Where companies are victimized by ransomware or email scams, their losses arise from payments made by an officer or employee of the company. In the case of ransomware, a company’s files are held hostage pending payment...more

Davis Wright Tremaine LLP

Passing the Fraud Loss Hot Potato

The shifts in customer behavior driven by the global COVID pandemic were a boon for digital payments – consumer adoption in the U.S. reached 82% in 2021, up from 78% in 2020 and 72% in 2016. However, the industry "sector"...more

Kohrman Jackson & Krantz LLP

Ohio Supreme Court Rules Insurance Policy Does Not Cover Ransomware Attack on Software

Ransomware insurance coverage has become increasingly popular in recent years as the threat of ransomware attacks has continued to grow. However, despite the widespread adoption of this type of insurance, there are still...more

Clark Hill PLC

Direct Means Proximate? Oregon District Court Holds Ransomware Payment Is a Direct Loss

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In yet another troubling decision to the crime insurance industry, on Dec. 6, a federal district court, applying Oregon law, found coverage for a ransomware payment under a Computer Fraud insuring agreement. Yoshida Foods...more

Ankura

Ankura CTIX FLASH Update - November 2022 - 3

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Phishing Campaigns Identified Targeting Middle Eastern Countries Prior to World Cup - Trellix researchers have identified an increase in email-based phishing attacks targeting the Middle East during the lead up to the...more

Barnea Jaffa Lande & Co.

Ransomware Attacks – Israeli Justice Ministry Recommendations

In light of the increase in fraud crimes in the digital space, a team from the Israeli Justice Ministry has formulated recommendations for defining a policy to contend with ransomware attacks. The recommendations relate to...more

Genova Burns LLC

Potential Harm Enough For Class Action to Proceed in Data Breach Litigation

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The Third Circuit Court of Appeals has given new life to a putative class action suit led by a former employee of a company that suffered a ransomware attack, leading to her sensitive information being released onto the Dark...more

BakerHostetler

Crypto Platforms Achieve Foreign Approvals; DOJ Seizes Crypto Ransomware Funds; CFTC Adds Crypto Firms to RED List; Crypto Fraud...

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Foreign Regulators Approve Crypto Platforms; Ethereum Approaching PoS - According to recent reports, several major cryptocurrency platforms have obtained regulatory approval from Italy’s Organismo Agenti e Mediatori (OAM)...more

Alston & Bird

The Digital Download – Alston & Bird’s Privacy & Data Security Newsletter – May 2022

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Selected Developments in U.S. Law - U.S. Department of Commerce Announces the Establishment of a Global CBPR Forum On April 21, 2022, Canada, Japan, South Korea, the Philippines, Singapore, Taiwan, and the United States...more

Pillsbury - Internet & Social Media Law Blog

News of Note for the Internet-Minded – AR Defense Systems, VR Adventures and Defrauding Bots

This week’s News of Notes includes a controversial use of facial recognition technology, stories highlighting AI’s role in both energy production and consumption, the continued use of ransomware and bots for criminal...more

K2 Integrity

Crypto and Virtual Currency Risks

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The ABA/ABA Financial Crimes Enforcement Conference took place January 11-13, with K2 Integrity Managing Director Gabriel Hidalgo, who leads the firm’s Crypto and Fintech Advisory practice, leading an important conversation...more

American Conference Institute (ACI)

[Event] 10th Edition of Fraud, Asset Tracing & Recovery - January 24th - 25th, Miami, FL

ACI’s and C5’s 10th Edition of Fraud, Asset Tracing & Recovery Miami conference is returning on January 24 – 25, 2022 in person! Deemed as the foremost, can’t-miss event for the Fraud community, it gathers the pre-eminent...more

Davis Wright Tremaine LLP

"Whole of Government" Anti-Ransomware Campaign on Full Display

November 8, 2021, may have been the most significant single day in the United States' "whole of government" anti-ransomware campaign. The Department of Justice, Department of the Treasury, and Department of State all...more

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