Cyber Threats
Hinshaw Insurance Law TV – Cybersecurity Part One: Data Breach Notification
Defense In-Depth: Cybersecurity For Energy
Cyberside Chats: There is a war in Europe. What does that mean for your cyber insurance policy?
CF on Cyber: The Anatomy of a Ransomware Attack - Part 2
CF on Cyber: The Anatomy of a Ransomware Attack - Part 1
Cyber Insurance 101: What It Is And Why You Need It
Phishing and Vishing and Smishing (Oh my!): New Types of Scams Require Increased Vigilance
K&L Gates Triage: Cyber Insurance Issues for the Healthcare Industry
As the manufacturing sector continues to embrace the hyper-connected era of Smart Manufacturing, known as Industry 4.0, more and more organizations are integrating advanced automation, artificial intelligence (AI), the...more
Unleashed on June 27, 2017, NotPetya caused an estimated $10 billion in damages globally, among the costliest ransomware attacks in history. In 2018, the Trump administration—in tandem with the British government—blamed...more
Last month, the SEC announced another enforcement action emphasizing the need for early disclosure of cybersecurity events. In the recent action, the company had taken three weeks to act on internal alerts of malware on its...more
The recent indictment of Maksim Silnikau, a Belarusian and Ukrainian national, is a clear reminder that cybercriminals are becoming more sophisticated and bold....more
Information technology professionals—beware of SharpRhino—a malware variant attributed to threat actor cybercriminals associated with Hunters International. It is being reported that Hunters International is the “10th most...more
A prominent cybersecurity training company just fell victim to an increasingly common scam when it hired a remote worker who turned out to be a North Korean cybercriminal that used AI deepfake tools to fake his identity and...more
Twenty-one percent (21%) of S&P 500 companies experienced breaches in 2023, according to a report by SecurityScorecard. IBM states the average cost of a data breach globally last year was $4.45 million—a 15% increase over the...more
Victims of LockBit ransomware attacks can reach out to the FBI for decryption keys and all companies can prepare against ransomware attacks. The FBI secured 7,000 LockBit decryption keys, providing victims of LockBit...more
In the continuously evolving landscape of cyber threats, organizations must be proactive in identifying and mitigating potential risks to their digital assets and operations. A critical step in building cyber resilience is...more
The fintech revolution has reshaped the financial world, creating new opportunities to borrow, save, transact, and invest like never before. With no signs of slowing, fintech revenues are projected to grow sixfold from $245...more
Every spring, BakerHostetler collects, analyzes, and compares key metrics on the incident response matters we handled in the prior year. The output – our Data Security Incident Response (DSIR) Report – highlights key findings...more
10th Anniversary Look Back - While 2014 may not really seem that long ago, consider this: In 2014, Tom Brady was still the quarterback of the New England Patriots, with nine years to go until his retirement from the NFL....more
Editor's Note: The convergence of CYE's and Surfshark's analyses reveals a critical juncture in the fight against cyber threats. With the U.S. leading global data breaches and businesses facing significant insurance coverage...more
Editor's Note: In a significant study from MIT's CSAIL, researchers have unveiled vulnerabilities in smartphone ambient light sensors, highlighting them as potential channels for privacy breaches. This discovery underscores...more
Pursuant to President Biden’s October 2023 AI executive order, the US Department of Treasury (Treasury) released a report on cybersecurity risks in the financial services sector in March 2024. While recognizing the...more
On March 12, 2024, the Department of Defense (DoD) finalized a rule to open its Defense Industrial Base (DIB) Cybersecurity (CS) Program to all defense contractors who own or operate an unclassified information system that...more
At the recent In-House Counsel Seminar, three Ward and Smith attorneys presented a realistic role play response to an incidence of wire fraud, addressing red flags associated with fraudulent communications, corporate incident...more
Why does it matter to you? In February of 2024, Change Healthcare, a prominent player in the healthcare industry, fell victim to a ransomware attack that sent shockwaves through its systems and networks. The incident...more
In today's interconnected global economy, supply chain optimization plays a critical role in driving business success. However, unpredictable weather events such as hurricanes, tropical storms, and extreme weather conditions...more
“Protect your data! Breaches are on the rise!” These warnings seem to be everywhere – and rightfully so. Threat actors are sophisticated and new breach trends are constantly materializing. Awareness is no longer enough. It...more
Coyote, a new Brazilian malware, is currently hunting down credentials for sixty-one (61) different banking applications. Researchers expect the malware to spread internationally. Russian cybersecurity firm Kaspersky has...more
New Linux Remote Access Trojan "Krasue" Targets Thai Telecom Sector - A newly discovered Remote Access Trojan (RAT) for Linux has been seen targeting telecommunications firms in Thailand as reported by Group-IB. Named RAT...more
On May 24, 2023, Microsoft announced the detection of a direct threat to critical infrastructure organizations in Guam and elsewhere in the United States. The alert attributed observed malicious activity to a state-sponsored...more
Recognizing the evolving landscape of care delivery and growth of telehealth, the U.S. Department of Health and Human Services (HHS) published a resource guide aimed at assisting telehealth providers in explaining the privacy...more
According to a press release, Personal Touch, a home health company located on Long Island, has reached a settlement with New York Attorney General Letitia James for $350,000 for a data breach that occurred in January of 2021...more