News & Analysis as of

Malware Cybersecurity Data Breach

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

Woodruff Sawyer

The Growing Cyber Risks in Fintech and How to Mitigate Them

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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

BakerHostetler

Deeper Dive into the Data - May 2024

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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

BakerHostetler

What a Long Strange Breach It’s Been

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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

HaystackID

Alarming Insurance Gaps and Soaring Breach Rates Call for a United Front in Cybersecurity

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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

Ward and Smith, P.A.

Wire-Fraud, Data Breach, and Phishing: A Live Action Role Play for In House Counsel

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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

Guidepost Solutions LLC

Change Healthcare Ransomware Attack: 10 Lessons Learned

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

Epiq

Data Breaches up 72% From Record High: Cyber Incident Readiness Must be Top of Mind

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“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

Ankura

Ankura CTIX FLASH Update - December 8, 2023, Ankura CTIX

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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

Robinson+Cole Data Privacy + Security Insider

NYAG Settles with Personal Touch for $350,000 over Phishing Incident

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

Robinson+Cole Data Privacy + Security Insider

HC3 Warns Healthcare Organizations of NoEscape Ransomware

On October 12, 2023, the Health Sector Cybersecurity Coordination Center (HC3) issued an Alert to the healthcare industry about a “new threat actor and ransomware,” NoEscape, which is threatening health care organizations....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

Ankura

Keeping Pace: The Evolution of Incident Response

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Incident response (IR) has undergone a drastic transformation in the past two decades, adapting to the relentless evolution of the cyber threat landscape. In the early 2000s, as the internet became more deeply ingrained in...more

Flaster Greenberg PC

7 Key Practices Companies Should Implement to Ensure Cyber Safety in the Age of Remote Work

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Cybersecurity is critically important in the age of remote work. With more people working from home and accessing company systems and data remotely, the potential for cyberattacks and data breaches has increased...more

Robinson+Cole Data Privacy + Security Insider

FIN7/Carbon Spider Attacks Veeam Backup Servers

Researchers at WithSecure cybersecurity firm have seen two malware attacks against Veeam Backup and Replication servers believed to be initiated by cybercrime group FIN7, also known as Carbon Spider, which has also been...more

Ankura

How Cybersecurity Protects Valuation: Considerations for Private Equity in the Deal Lifecycle

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Cybersecurity risk applies to businesses of all sizes and across all industries – it is a risk that cannot be ignored. In particular, cybersecurity risk can no longer be ignored in the deal lifecycle...more

Ankura

Why a Right-Sized MDR Solution May Be Better Than One-Size-Fits-All

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When it comes to providing Managed Detection and Response (MDR) solutions for businesses, the idea of one size fits all is being replaced by the concept of right-sizing. A one-size-fits-all option is a preconfigured security...more

Ankura

Notable Cyberattack Methods and Common Targets of 2022

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Cyberattacks are a constant threat to businesses, organizations, governments, and individuals worldwide. In order to stay secure against cybercriminal activity, it is essential to understand the various cyberattack methods...more

Ankura

First Doesn't Always Make the Winner - The Pitfalls of Self Remediation Post Cyber Incident

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So, you just got the news every organization does not want to hear; you have become the victim of a cyber attack. While there are many different ways of approaching a cyber incident, the one thing that is consistent is...more

Troutman Pepper

Cyber Capsule - February 2023

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Before we jump into February developments — trigger warning if you are a Russian hacker — for those keeping track of breach notification requirements, the National Credit Union Administration (NCUA) Board approved a final...more

Jackson Lewis P.C.

Stolen Databases Obtained In Transaction Leads to $400K Settlement with PA and OH Attorneys General

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This post deals with another data breach, yes, hackers were able to compromise the organization’s systems and exfiltrate personal information relating to over 45,000 Pennsylvania and Ohio residents. However, there are several...more

Ankura

Ankura CTIX FLASH Update - January 2023 - 4

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PayPal Discloses December 2022 Security Incident Involving Credential Stuffing Attacks - PayPal has begun sending out notification letters to individuals impacted by a security incident that occurred in early December...more

Fox Rothschild LLP

Ransomware Attacks Against Healthcare Providers Continue to Increase

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The systems healthcare providers use to provide safe and reliable patient care, and their confidential patient information, provide attractive targets for hackers using ransomware to extort payment....more

Ankura

Ankura CTIX FLASH Update - January 2023 - 2

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Health and Human Services Organization Discloses Ransomware Attack and Breach from Early 2022 - On January 5, 2023, Maternal & Family Health Services (MFHS) disclosed that a ransomware attack occurred on April 4, 2022, and...more

Ankura

Ankura CTIX FLASH Update - January 2023

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Louisiana's Largest Medical Complex Discloses Data Breach Associated to October Attack - On December 23rd, 2022, the Lake Charles Memorial Health System (LCMHS) began sending out notifications regarding a newly discovered...more

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