News & Analysis as of

Malware

Data Privacy + Cybersecurity Insider - January 2018 #3

by Robinson & Cole LLP on

Think Tank Says Nuclear Missiles Can be Inadvertently Launched Through Cyber-Attacks - Just before the false alarm in Hawaii last weekend when residents were erroneously warned of an impending missile attack, think tank...more

Think Tank Says Nuclear Missiles Can be Inadvertently Launched Through Cyber-Attacks

Just before the false alarm last weekend in Hawaii when residents were erroneously warned of an impending missile attack, think tank Chatham House issued a report stating that it had identified vulnerabilities in nuclear...more

Another Hitch in the Crypto Boom? North Korean Malware Hijacks Computers to Mine Monero Cryptocurrency

Researchers at cybersecurity firm AlienVault have discovered a computer virus of North Korean origin which infects and hijacks computers in order to mine Monero, a private digital currency which styles itself as “secure,...more

Data Privacy + Cybersecurity Insider - January 2018 #2

by Robinson & Cole LLP on

Health Care Organizations Saw an 89% Increase in Ransomware in 2017 - Our experience last year is consistent with the conclusion of a new report issued by Cryptonite in its 2017 Health Care Cyber Research Report—that the...more

Health Care Organizations Saw an 89 percent Increase in Ransomware in 2017

Our experience last year is consistent with the conclusion of a new report issued by Cryptonite in its 2017 Health Care Cyber Research Report—that the number of hacking events targeted at health care entities involving...more

Security Alert: New Meltdown and Spectre Vulnerabilities Impact Computer Processors to Expose Sensitive Information

Last spring the WannaCry ransomware cyber-attack crippled the global economy, impacting over 100,000 organizations throughout 150 countries and generating an estimated $4 billion in losses. The National Health Information...more

Recent Trends, Future Predictions, and Effective Risk Assessments

by BakerHostetler on

Risk assessments are a fundamental part of any organization’s risk management process. But many organizations still do not incorporate true risk assessments into their information-security planning, even though doing so makes...more

.NL leads the way in the fight against malicious online activity

by Hogan Lovells on

Malicious activities are an ongoing problem across the Internet and growth is increasing as a result of ever more sophisticated phishing attacks.  One ccTLD Registry that has demonstrated it is taking these issues very...more

Beware of New Ransomware—Spider Virus

There is no relief in sight for combating new strains of ransomware. One new ransomware, dubbed the Spider virus, was discovered by researchers at Netskope on December 10, 2017, and continues to attack victims to date....more

Banks Find Success Suing Over Data Breaches

Banks continue to file suit against retailers, hoping to shift the costs of data breaches, with some recent success. What happened - In January 2016, hackers accessed Eddie Bauer’s point-of-sale register system and...more

How Employers Can Become Experts at Data Breaches: Preserving the evidence of a breach

by Bryan Cave on

The immediate reaction of many organizations when they discover that a system may be infected with a virus or malware is to remove, erase, and rebuild the potentially infected system as quickly as possible in an effort to...more

Intel Bug Affects Millions of Devices

Intel has confirmed that a bug in its remote server management tool, known as Management Engine, which allows administrators of IT systems to remote access devices to apply updates or troubleshoot problems for users, allows...more

Privacy Tip #116 - Insider Error or Threat Continue to Cause Data Breaches

You continue to hear that your employees are your biggest risk when it comes to causing a data breach. Recent incidents that we have been involved in that were caused by employee error include...more

Privacy Tip #115 – Cyber Monday Safe Online Shopping

It is estimated that we will spend $4 billion online this year, including on Cyber Monday, coming up in just a few days. With the increase in online shopping, particularly over the holidays, it is prime time for scheming...more

Locky Ransomware Variant Difficult to Detect

We previously warned readers about the Locky ransomware, which is potent and designed to use phishing emails to lure users to click on links and attachments, including pdfs....more

Data Privacy + Cybersecurity Insider - November 2017 #3

by Robinson & Cole LLP on

We previously warned readers about the Locky ransomware, which is potent and designed to use phishing emails to lure users to click on links and attachments, including pdfs. Now, researchers at Cylance have discovered...more

Data Breach Costs an Average of $3.6 Million

There have been a myriad of research studies attempting to come up with the “cost” of a data breach. The most recent, released by AT&T, estimates that it costs organizations $3.6 million to recover from a data breach....more

Data Privacy + Cybersecurity Insider - November 2017 #2

by Robinson & Cole LLP on

Michigan Governor Rick Snyder has signed into law the Cyber Civilian Corps Act, which established the Michigan Cyber Civilian Corps, dubbed MiC3. The corps has been in existence for three years but not statutorily deployed. ...more

Beazley Publishes Special Report on 2017 Healthcare Breaches

Beazley has published a report outlining data breaches in the first nine months of 2017. The report notes that the highest cause of a data breach in 2017 so far are unintended disclosures, which accounted for 41 percent of...more

Hackers Increasingly Using Weak RDP Credentials In Ransomware Attacks

by Fox Rothschild LLP on

Industry publication Data Breach Today reports hackers are increasingly exploiting weak Remote Desktop Protocol (RDP) credentials to launch ransomware attacks. “Many enterprises use remote desktop protocol to remotely...more

Damaging, but Preventable: WannaCry Report Reveals Vital Cyberattack Prevention Practices

by Faegre Baker Daniels on

In May 2017, ransomware known as WannaCry affected computers in organizations around the world, encrypting data and demanding “ransoms” of between $300 and $600, payable in Bitcoin. WannaCry spread through organizations’...more

Hilton Settles Data Breach Investigations with NY and VT AGs

Hilton Domestic Operating Co., Inc. (Hilton) has agreed to pay the New York and Vermont Attorneys General $700,000 to settle allegations that they violated those state consumer protection and data breach notification laws...more

Data Privacy + Cybersecurity Insider - November 2017

by Robinson & Cole LLP on

US-CERT Warns of New Ransomware: Bad Rabbit - The U.S. Computer Emergency Readiness Team (US-CERT) is warning companies in the U.S. about a new ransomware dubbed “Bad Rabbit.” US-CERT stated it has received multiple...more

Business Email Compromise: What It Is and What You Can Do

by Snell & Wilmer on

Business email compromise (“BEC”) is a type of cyberattack that is increasing at an alarming pace. The U.S. Federal Bureau of Investigation estimated in a May 2017 alert that global losses due to BEC scams totaled more than...more

US-CERT Warns of New Ransomware: Bad Rabbit

The U.S. Computer Emergency Readiness Team (US-CERT)is warning companies in the U.S. about a new ransomware dubbed “Bad Rabbit.” US-CERT stated that it has received multiple reports of infections by Bad Rabbit in countries...more

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Cybersecurity

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