News & Analysis as of

Malware Enforcement Actions

BakerHostetler

Weekly Blockchain Blog - April 2025 #4

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Companies Announce Digital Asset Payment Networks - The issuer of the USDC stablecoin recently published a white paper outlining its plans to launch “CPN,” a new payments network that aims to “bring[] financial institutions...more

BakerHostetler

Weekly Blockchain Blog - February 2025 #4

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U.S. Digital Asset Companies Continue Product Launches, Market Expansion - U.S. nonfungible token (NFT) marketplace OpenSea recently announced the launch of its new OS2 digital asset trading platform, which expands into...more

McDermott Will & Emery

SEC Settlements Signal Increased Scrutiny of Cybersecurity Disclosures

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On October 22, 2024, the US Securities and Exchange Commission (SEC, or Commission) brought settled actions against four publicly traded companies that were downstream victims of the Russia-linked cyberattack on SolarWinds...more

BakerHostetler

Weekly Blockchain Blog - September 2024

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Crypto Payments Firms Announce New Integrations and Initiatives - According to reports, fintech bank Revolut recently announced a partnership with Ledger, a major crypto hardware wallet provider, to make it easier for...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

BakerHostetler

New Crypto Products Launch; US Official Addresses Crypto Regulation; State Securities Regulators Target Metaverse Casino NFTs; DOJ...

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Crypto Products Launch in Debit Cards, Payment Gateways, Trading Platforms - This week, two cryptocurrency financial services and trading platforms announced partnerships with traditional financial services companies to...more

Stikeman Elliott LLP

CRTC Quashes CASL Findings Against Online Intermediaries - But Avoids the Elephant in the Room

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The CRTC has overturned a 2018 staff finding that two online advertising intermediaries aided an unknown party with respect to the installation of malware on Canadian government computers, contrary to s. 9 of Canada’s...more

ArentFox Schiff

Privacy Update: FCC Seeks Public Comment on the Current and Future Regulation of the "Internet of Things"

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FCC Seeks Public Comment on the Current and Future Regulation of the “Internet of Things” - The FCC is requesting public comment in a proceeding that will help determine the scope and nature of regulation of the “Internet of...more

Robinson+Cole Data Privacy + Security Insider

Excellus Health Plan Pays $5.1M to OCR in Settlement Following Data Breach

The U.S. Department of Health and Human Services Office for Civil Rights (OCR) recently announced that it had entered into a Resolution Agreement, Corrective Action Plan, and settlement with Lifetime Healthcare, Inc., the...more

Society of Corporate Compliance and Ethics...

[Virtual Event] 2021 Alaska Regional Compliance & Ethics Conference - February 26th, 8:25 am - 4:30 pm AKST

Our Virtual Regional Compliance Conferences provide updates on the latest news in regulatory requirements, compliance enforcement, and strategies to develop effective compliance programs. Watch, listen, and ask questions from...more

Lowenstein Sandler LLP

Contradictory Responses by Privacy Regulators Post-COVID-19: Balancing the Economy With Cybersecurity in a Changed World (Privacy)

The COVID-19 pandemic has had a disparate effect on privacy regulators, with varying levels of enforcement advocated by different government entities; the California Attorney General, the U.S. Department of Health & Human...more

Bennett Jones LLP

CRTC Enforces CASL in Case of Malware Distribution

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While there has been controversy about the enforcement of the electronic communication provisions of Canada's Anti-Spam Law (CASL) due to the ambiguities of the complex scheme, there is widespread support for the anti-malware...more

Ballard Spahr LLP

U.S. Treasury and DOJ Targets “Evil Corp”

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Organization Excels at Niche Branding but Stumbles in Avoiding Enforcement - The first paragraph of the press release sums it up: Today the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) took action...more

BakerHostetler

Interbank Settlement Initiative and Crypto Payment Solutions Expand, SEC and International Enforcement Actions Continue

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Blockchain Developments in Interbank Settlement, Capital Markets, Cryptocurrency Payments - According to reports this week, a major German bank has joined the emerging payments initiative, built on the Quorum blockchain, of...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - May 2019 #5

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Although many thought that WannaCry was in the rear view mirror, a recent report by Artemis, based on client experience, found that health care organizations and manufacturing companies are still being hit with the ransomware...more

Mintz - Privacy & Cybersecurity Viewpoints

The Phantom Menace: Office Depot Settles with FTC Over Fake Virus Scans

Office Depot and its tech support provider, Support.com, proved to be anything but “supportive” after allegedly providing false malware scan results and conning customers into paying for repairs and technical services that,...more

Mitratech Holdings, Inc

9 Hot Q1 Headlines in Cybersecurity, Risk Management, and Data Governance

What are the biggest, most interesting stories in the ever-changing worlds of cybersecurity, risk mitigation, and information governance?...more

Bennett Jones LLP

CRTC Issues $250,000 in Penalties for Malware Distribution

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Canada’s anti-spam law (CASL) addresses much more than unwanted commercial messages. CASL also prohibits, among other things, installation of software onto a person’s computer without consent. The Canadian Radio-television...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - June 2018 #3

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Just days after the summit between the U.S. and North Korea, the Federal Bureau of Investigation (FBI) and the Department of Homeland Security issued a warning about a malicious malware, a Trojan malware variant known as...more

Burr & Forman

Cybersecurity Insights & Best Practices: May 2018

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Best Practices to Detect and Prevent File-Less and Click-Less Malware - Hackers are clever at exploiting weaknesses in an organization’s systems. They are also efficient. After an organization installs robust cybersecurity...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - May 2018 #3

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CYBERSECURITY - Cyber Fraud Cost $1.4 Billion in 201 - The Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) recently released its yearly internet crime report, which states that over 300,000...more

Snell & Wilmer

FTC sues IoT Device Manufacturer D-Link for Lax Cyber Security Practices

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On January 5, 2017, the Federal Trade Commission (“FTC”) filed a complaint against computer networking hardware manufacturer D-Link Corporation, alleging that the company’s wireless routers, IP cameras, and other “Internet of...more

Bennett Jones LLP

Further CRTC Investigation Underway

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For the second time the CRTC has publicized the execution of a warrant under the CRTC’s powers under Canada’s Anti-spam law (CASL). The investigation is focused on the installation of malware and the altering of transmission...more

Bennett Jones LLP

Anti-Spam Enforcement Reaches International Malware Target

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The Canadian Radio-television and Telecommunications Commission (CRTC) is one of the key enforcement authorities in respect of Canada’s anti-spam law (CASL). CASL is broader than mere regulation of commercial electronic...more

Ballard Spahr LLP

DOJ Cracks Down on Cyber Criminals

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The Department of Justice (DOJ) recently announced the largest coordinated international law enforcement effort ever directed at an online cyber-criminal forum. Financial institutions and other companies should consider...more

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