News & Analysis as of

Hackers Cybersecurity Cyber Crimes

Sheppard Mullin Richter & Hampton LLP

SEC Continues its Cybersecurity Focus, Settles with Company over Lax Security Measures

The SEC recently issued an order and settlement against a company from a pair of cyberattacks in which millions of dollars of client funds were stolen. While the company was able to recover a portion of the funds and...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #411 – Phishing Attacks Increased 40% in 2023

Everyone thinks they can spot a phishing email. If true, we would not see so many security incidents, data breaches, and ransomware attacks. The statistics are overwhelming that phishing emails are a significant cause of data...more

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

Dorsey & Whitney LLP

Cybercrime Trends: A Midyear Review

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Cybercriminals continue to outpace the best efforts of regulators, law enforcement, and cybersecurity professionals. Recent reporting from the Federal Bureau of Investigation demonstrates that cybercriminals are increasingly...more

Robinson+Cole Data Privacy + Security Insider

Scattered Spider Using RansomHub and Qilin Ransomware Against Victims

We previously reported on the concerning mash-up of worldwide cybercriminals, known as Scattered Spider, working together to attack victims. New reports from Microsoft and others indicate that in the second quarter of...more

Robinson+Cole Data Privacy + Security Insider

CrowdStrike Customers Targeted by Threat Actors Using Fake Help Websites

If you are a customer of CrowdStrike, you are working on recovering from the outage that occurred on July 19, 2024. As if that isn’t enough disruption, CrowdStrike is warning customers that threat actors are taking advantage...more

Troutman Pepper

Preserving Forensic Artifacts Following Incident Detection - Dear Mary – Incidents + Investigations Cybersecurity Advice Column

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‘Dear Mary,’ is Troutman Pepper’s Incidents + Investigations team’s advice column. Here, you will find Mary’s answers to questions about anything and everything cyber-related – data breaches, forensic investigations, how to...more

Troutman Pepper

How to Respond When Your Service Provider Suffers a Cyberattack - Dear Mary – Incidents + Investigations Cybersecurity Advice...

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‘Dear Mary,’ is Troutman Pepper’s Incidents + Investigations team’s advice column. Here, you will find Mary’s answers to questions about anything and everything cyber-related – data breaches, forensic investigations, how to...more

Foley & Lardner LLP

Rolling With the Punches in a Networked World: CCOE Cybersecurity Panel Discussion

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Whether the game is football, baseball, hockey, or Indy Car racing, no team goes into their major championship matchup without training. Companies need to train as well if they intend to operate on the internet and expect to...more

HaystackID

Santander Faces Major Cyber Attack Compromising Millions of Customers’ Data

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In May, Santander Bank faced a significant cybersecurity breach that affected millions of its customers and employees worldwide. The hacking group ShinyHunters claimed responsibility for the attack, which also targeted...more

Gray Reed

Unpacking the Texas Data Privacy & Security Act: A Company’s Guide for Navigating Compliance

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As businesses grapple with the evolving, regulatory landscape for data privacy, the Texas Data Privacy & Security Act (TDPSA) emerges as a pivotal law. This comprehensive legislation, effective July 1, 2024, established...more

Troutman Pepper

Should Companies Conduct Their Own Forensic Investigations? - Dear Mary – Incidents + Investigations Cybersecurity Advice Column

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‘Dear Mary,’ is Troutman Pepper’s Incidents + Investigations team’s advice column. Here, you will find Mary’s answers to questions about anything and everything cyber-related – data breaches, forensic investigations, how to...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

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

Hogan Lovells

CL0P ransomware gang is on the rise

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CL0P is adopting “quadruple extortion” tactics. If your organization has received a ransomware demand, CL0P may be a familiar name. In 2023, CL0P was the third most prolific ransomware gang, after Lockbit and ALPHV....more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - April 2024 #2

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CYBERSECURITY - New Threat: Scattered Spider International Coalition of Hackers - Cyber adversaries in China and Russia continue to be a formidable threat to U.S. based companies. In the past, scams might be detected...more

Mitratech Holdings, Inc

Caution! Credential Stuffing on the Rise

If you have a tendency to reuse the same password across multiple accounts, you could be leaving yourself (and your organization) exposed to risk. Credential stuffing, the stealthy technique fueling a recent explosion of...more

Carlton Fields

Change Healthcare Cyberattack Emphasizes Importance of Cybersecurity Readiness; Considerations for Hardening Your Cybersecurity...

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As the health care industry continues reeling from the recent Change Healthcare ransomware attack that crippled large portions of the U.S. health care system, health care providers are naturally reminded of the importance of...more

Hogan Lovells

U.S. State Department combats cybercrime with million-dollar reward offers

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Informants can net $15 million for information about leaders behind the ALPHV/Blackcat Ransomware. The U.S. Department of State is offering rewards of up to $10 million for information leading to key leaders in the...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2024 #2

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CYBERSECURITY - Ransomware Hitting U.S. Companies at Increasing Rate - Unfortunately, according to Unit 42 of Palo Alto’s recently published “Ransomware and Extortion Report,” ransomware groups had a good year in 2022....more

Robinson+Cole Data Privacy + Security Insider

Ransomware Hitting U.S. Companies at Increasing Rate

Unfortunately, according to Unit 42 of Palo Alto’s recently published “Ransomware and Extortion Report,” ransomware groups had a good year in 2022. They found that threat actors are using multi-extortion tactics to get paid...more

Stoel Rives - Global Privacy & Security Blog®

The Confidentiality (Or Not) Of Cyber-Forensics In A Data Breach

Data breaches are on the rise.  So are the lawsuits that follow.  This has led to an environment where cyber-forensics service providers are more important than ever.  Clients seeking these services, however, often do so...more

Robinson+Cole Data Privacy + Security Insider

Chinese Hackers Allegedly Use ChatGPT to Write Ransomware

Chinese authorities have arrested alleged hackers in what appears to be the first-ever reported case of hackers using AI to develop ransomware. These alleged hackers reportedly used ChatGPT to refine the code for their...more

Wilson Sonsini Goodrich & Rosati

Cybersecurity: What to Watch for in 2024

In 2024, businesses will continue to face an evolving landscape of cyber threats, along with an increasingly complex regulatory environment. With heightened scrutiny from regulators, consumers, and investors, the need to...more

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