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
The recent indictment of Maksim Silnikau, a Belarusian and Ukrainian national, is a clear reminder that cybercriminals are becoming more sophisticated and bold....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
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
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
Optus Confirms Data Breach Impacting 9.8 Million Individuals - On October 3, 2022, Optus, a major telecommunications company headquartered in Australia, confirmed that 2.1 million customers had valid or expired government...more
Report on Patient Privacy 22, no. 3 (March, 2022) - HHS said in early March that it was not aware of any specific threat to U.S. health care organizations stemming from the Russian invasion of Ukraine. “However, in the...more
CYBERSECURITY - CISA/FBI Advisory Warns of Destructive Malware Used Against Ukraine - The Cybersecurity and Infrastructure Security Agency (CISA) and the FBI issued a joint advisory this week alerting organizations of...more
Report on Patient Privacy 22, no. 2 (February, 2022) - Tensions between the U.S. and Russia could lead to a heightened risk of Russian state-sponsored cyberattacks on U.S. interests, including health care organizations,...more
On January 31, 2022, the FBI issued a Private Industry Notification entitled “Potential for Malicious Cyber Activities to Disrupt the 2022 Beijing Winter Olympics and Paralympics,” warning those associated with the Olympics...more
Passwords are so difficult to remember. We all know we shouldn’t use the same or similar passwords across platforms. Stolen password credentials are dumped on the dark web and criminals use the stolen passwords to steal other...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
CYBERSECURITY - FBI and DHS/CISA Issue Joint Alert on Mamba Ransomware - The Federal Bureau of Investigations (FBI) recently issued a joint alert with the Department of Homeland Security/Cybersecurity Infrastructure and...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
CYBERSECURITY - NYDFS - Cybersecurity Certificate of Compliance Due April 15, 2021 The New York Department of Financial Services (DFS), which regulates certain covered entities and licensed persons in the financial...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
Never let a crisis go to waste. This appears to be the maxim of cyber criminals seeking to capitalize on cyber vulnerabilities posed by the COVID-19 pandemic. In fact, the United States Cybersecurity and Infrastructure...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
CYBERSECURITY - U.S. Organizations Doing Business in China Warned of Malware in Tax Software - The Federal Bureau of Investigations (FBI) and the Cybersecurity and Infrastructure Security Agency (CISA) have issued a joint...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