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
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
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
University Medical Center in Las Vegas announced that it recently became the victim of a ransomware attack by REvil, a well-known threat actor that has attacked many hospitals and health systems with the Sodinokibi malware...more
Ransomware Particularly Inflicts Health Care and Life Sciences Organizations - Ransomware is a malicious cyber threat vector that employs encryption malware to prevent users from accessing their systems and data unless...more
The Securities and Exchange Commission (the “SEC”) requires companies to disclose the most significant factors that make investments in the company speculative or risky. Private Placement Memorandums (“PPMs”) are often used...more
On April 6, 2021, DocuSign issued an Alert notifying users of a new malicious hacking tool that is mimicking DocuSign to drop malware into victims’ systems. According to the Alert, the document building tool, dubbed...more
The statistic that cybercriminals have been unleashing 18 million phishing emails laced with malware on a daily basis into cyberspace during the pandemic is mind boggling and one that executives should pay attention to when...more
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
Users of Universal Health Services (UHS), one of the largest healthcare systems in the country, recently lost access to electronic medical records when UHS suffered a ransomware attack and took its systems offline to...more
We spend a lot of time reporting on ransomware because we are seeing more incidents than ever before, and our readers comment that keeping them up to date on ransomware tactics is helpful. The ransomware gangs, strains and...more
As we reported in March, the COVID-19 pandemic is being leveraged by malicious cyber actors to make various cybersecurity attacks. ...more
In response to the COVID-19 crisis, nearly all companies and organizations were abruptly forced to transition portions of, and in many cases, their entire workforce to remote work. ...more
Beazley Cites Ransomware as the Top Threat for Cyber-Attacks in 2020 - Insurance provider Beazley has issued a report (free registration required) detailing the landscape of cyber-attacks over the past year. The report...more
It is being reported that LifeLabs, a Canadian lab company that is the largest provider of laboratory diagnostics and lab testing services in Canada, recently paid an undisclosed ransom to hackers who compromised its computer...more
Hackers are targeting U.S. government networks, according to U.S. Cyber Command, which says there is a vulnerability of CVE-2017-1174, which is a two year old flaw in Microsoft Outlook that is being used by attackers to...more
The Internet Society’s Online Trust Alliance just released its 2018 Cyber Incident & Breach Trends Report, which says “2018–Some Better, Some Worse, All Bad.” That’s our experience, too. Below are our highlights from the...more
The tension with Iran has generally increased, it has been reported that the U.S. has launched a cyber-attack against Iran, and in retaliation, the risk of Iranian-backed wiper malware attacks against U.S. businesses and...more
Vicious malware continues to be deployed by China-based attackers. A new strain of malware, dubbed “HiddenWasp,” which has the ability to remotely infect computers, has been discovered by a security researcher at Intezar. The...more
Cybercriminals have launched a new campaign that not only requires the victim to pay a ransom to have their data decrypted, but when the victim is directed to a PayPal account to pay the ransom to get the decryption key to...more
According to a new report by Datto, Inc. (its third annual Global State of the Channel Ransomware Report), ransomware continues to be the top cyber-attack experienced by small and medium sized companies....more
We all remember Kronos—the malicious malware that was sold by Russian underground forums in 2014 for $7,000. If you bought it, you were promised updates and development of new modules. ...more
The Singapore summit was the focus of news stories this week. The media descended on Singapore to capture all of the news. When journalists started posting pictures of the contents of the gift bags that they were given at the...more
A new Harris Poll for the American Institute of CPA’s (AICPA), which called 1006 U.S. adults for the report, shows interesting statistics regarding American adults’ attitudes and fears about identity theft and financial loss...more
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
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