News & Analysis as of

Incident Response Plans Risk Assessment Ransomware

Mitratech Holdings, Inc

The Crucial Role of Business Impact Analysis (BIA) in Cyber Resilience

Cyber threats aren’t a distant possibility — they’re a daily reality. And according to IBM’s Cost of a Data Breach Report, they’re costing businesses more than ever. The global average data breach cost has surged to $4.88...more

A&O Shearman

Cybersecurity: The changing threat and risk landscape

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Cyber issues are seldom out of the news, from ransomware attacks and espionage to non-malicious outages that cause widespread concern. Organizations need to protect themselves against both current and future risks and...more

Bricker Graydon LLP

A Ghost Stole my Data!

Bricker Graydon LLP on

They appeared. They caused a fright. And then they disappeared… along with all of your data. While not a ghost, that is how most hacking groups operate and their ghostly presence is growing across the globe....more

Constangy, Brooks, Smith & Prophete, LLP

NY-licensed financial services companies must harden incident response plans, improve breach readiness by November 1

New York’s Cybersecurity Regulation continues its phased roll-out on November 1, when licensed financial services companies face a host of new requirements aimed at bolstering breach readiness and improving their ability to...more

Ankura

Navigating the Fallout: Essential Insights for Healthcare Companies in Light of the Change Healthcare Cyber Breach

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The cyber breach at Change Healthcare in 2024 stands out as one of the most significant cyber-attacks in recent memory. Its repercussions extend far beyond immediate industry disruptions, resonating deeply in regulatory...more

Health Care Compliance Association (HCCA)

Privacy Briefs: October 2023

Report on Patient Privacy 23, no. 10 (October, 2023) Kaiser Foundation Health Plan Inc. and Kaiser Foundation Hospitals will pay California $49 million to resolve allegations that they unlawfully disposed of hazardous waste,...more

Amundsen Davis LLC

Don’t Gamble With Your Cybersecurity and Incident Response Plan: Lessons Learned from the Las Vegas Ransomware Attacks

Amundsen Davis LLC on

Typically, we beat the drum of the need to prepare for a data incident—anything from a full-blown ransomware attack to an employee accidently sharing data with the wrong person—by having your Incident Response Plan developed...more

Epiq

Move it or Lose it – With Cyber Breach Response, Time is of the Essence

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There are so many factors that go into breach response. Determining the size of the breach, time limitations, legal requirements, notification needs, urgency for containment, and interrupted business operations are just a...more

Ankura

The Cybersecurity Insurance Market: What to Expect in 2023

Ankura on

In recent years, especially through 2019 and 2020, the cyber insurance market in the U.S. has seen significant growth. Middle-market companies have been actively requesting cyber insurance policies with low rates and broad...more

StoneTurn

Shifting Cyber Landscape – Crisis Awareness as a Means to Prevent and Prepare

StoneTurn on

Crises and uncertainty are inevitable forces in modern business, particularly in cyber and digital. General counsels and legal risk executives are well suited to lead preparedness and resiliency for future crises, uniting key...more

Jackson Lewis P.C.

Healthcare Companies Seek to Manage Risk of Ransomware Attacks, According to Report

Jackson Lewis P.C. on

Healthcare companies continue to face increased risks of ransomware attacks on their operations. According to the recently released BD Cybersecurity Annual Report for 2021, such attacks are also increasingly sophisticated....more

NAVEX

The Complicated Tango of Compliance & Cybersecurity

NAVEX on

A ransomware attack is no company’s idea of a good time, but I do sense one positive development emerging from the epidemic of attacks we’ve witnessed this year: Boards and senior management agree that they must move beyond a...more

Woods Rogers

Colonial Pipeline – A Ransomware Attack Hits Close To Home

Woods Rogers on

If you had never heard of the Colonial Pipeline Company before this week, chances are that you have heard about it now.  Sitting in your car waiting in long lines to fill up at your local gas station hoping they don’t run out...more

Hinshaw & Culbertson - Insights for Insurers

New NYS DFS Cyber Insurance Risk Framework Warns Against Ransom Payments, Includes Notice to Law Enforcement Policy Requirement

The New York State Department of Financial Services (DFS) has issued guidance imposing rigorous cyber risk measurement and management practices on NY-regulated property/casualty insurers that write cyber insurance. The...more

BakerHostetler

Incident Response Tip: Five Ways to Improve Information Security and Reduce the Impact of a Data Breach

BakerHostetler on

The new year will arrive in a few short days and when the bell tolls, it will mark the end of another extremely active year of data breaches. High-profile breaches such as Anthem, Ashley Madison, and the Office of Personnel...more

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