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Ransomware Cyber Crimes Today's Popular Updates

Kohrman Jackson & Krantz LLP

Cleveland Municipal Court Hit by Cyber Attack

Cleveland Municipal Court has been shut down the past two weeks as it grapples with a cyber incident. The nature and scope of this incident is not yet publicly known, but it is reasonable to suggest that the Court may have...more

Constangy, Brooks, Smith & Prophete, LLP

You’ve been hit with ransomware. Think twice before you pay.

You've been hit by a ransomware attack, and a cybercriminal group is demanding a cryptocurrency payment in exchange for your data's safe return. Should you pay? Deciding whether to pay a ransom is an internal business...more

Greenbaum, Rowe, Smith & Davis LLP

New Senate Bill Seeks to Amend HIPAA with Mandatory Minimum Healthcare Cybersecurity Standards

On September 26, 2024, the Health Infrastructure Security and Accountability Act was introduced in the U.S. Senate. The bill would amend the Health Insurance Portability and Accountability Act (HIPAA) and direct the U.S....more

Baker Botts L.L.P.

'Ransom Cartel' Leader Indicted: A Reminder of Cybercrime’s Growing Reach

Baker Botts L.L.P. on

The recent indictment of Maksim Silnikau, a Belarusian and Ukrainian national, is a clear reminder that cybercriminals are becoming more sophisticated and bold....more

Dorsey & Whitney LLP

Cybercrime Trends: A Midyear Review

Dorsey & Whitney LLP on

Cybercriminals continue to outpace the best efforts of regulators, law enforcement, and cybersecurity professionals. Recent reporting from the Federal Bureau of Investigation demonstrates that cybercriminals are increasingly...more

Patterson Belknap Webb & Tyler LLP

Recent Ransomware Attacks Highlight the Evolving Challenges in Responding to Cyber Extortion

A spate of recent ransomware attacks illustrates the increasingly difficult calculations that businesses face following the theft or encryption of their data....more

Spilman Thomas & Battle, PLLC

Decoded Technology Law Insights, V 5, Issue 3, April 2024

Using AI to Build Cyber Resilience for Critical Infrastructure - "Cyber resilience serves as a literal survival strategy, offering a framework to detect threats, understand attacks, recover swiftly, and adapt to...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

Health Care Compliance Association (HCCA)

Privacy Briefs: March 2024

Research from Guidepoint Security found that 2023 saw an 80% increase in ransomware activity year-over-year, driven in part by multiple mass exploitation campaigns impacting hundreds of organizations. In total, the report...more

Alston & Bird

Top 10 Issues General Counsel Need to Know About Ransomware in 2024

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Threat actors are evolving. Our Privacy, Cyber & Data Strategy Team explains how ransomware gangs have changed their tactics and how companies can respond to the threat while navigating new scrutiny from investors and...more

Hinckley Allen

The 2023 Cyber Year in Review

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The Most Significant Developments in Cybersecurity and Cyber-Related Liability Risks - As we reflect upon 2023, it will unfortunately be remembered as a record-breaking year for ransomware and cybercrime....more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - November 2023

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CYBERSECURITY - Hackers Steal $4.4M Crypto Using Data Linked to LastPass Breach - According to Bleeping Computer, crypto fraud researchers at ZachXBT, and MetaMask developer Taylor Monahan have reported that on October 25,...more

Alston & Bird

FBI Cautions Organizations on Dual Ransomware Attacks

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The Federal Bureau of Investigation (FBI) issued a Private Industry Notification on September 27, 2023, highlighting two concerning ransomware trends and providing companies with guidance on mitigating potential threat actor...more

Robinson+Cole Data Privacy + Security Insider

Urgent Joint Cybersecurity Advisory on Atlassian Vulnerability Issued

The Cybersecurity & Infrastructure Security Agency, FBI, and MS-ISAC recently released an urgent Joint Advisory on the Atlassian Confluence Vulnerability CVE-2023-22515. According to the Alert, “this critical vulnerability...more

Robinson+Cole Data Privacy + Security Insider

CISA + FBI Issue Joint Advisory on AvosLocker Ransomware

The Cybersecurity & Infrastructure Security Agency (CISA) and the Federal Bureau of Investigation (FBI) released a Joint Cybersecurity Advisory on October 11, 2023, urging companies (particularly those in the critical...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

Amundsen Davis LLC

Don’t Gamble With Your Cybersecurity and Incident Response Plan: Lessons Learned from the Las Vegas Ransomware Attacks

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Typically, we beat the drum of the need to prepare for a data incident—anything from a full-blown ransomware attack to an employee accidently sharing data with the wrong person—by having your Incident Response Plan developed...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

A&O Shearman

The ransomware hostage’s dilemma - should you pay the price?

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Paying a cyber ransom will, allegedly, secure your data and give you back control of your systems. But there are legal, operational and ethical risks to consider....more

Ankura

Ransomware: The Top 5 Myths and Misconceptions

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Ransomware has become a major threat to businesses across the world as cyber-attacks are becoming increasingly sophisticated, resulting in devastating financial damage for companies that fall victim. Not only are important...more

Ankura

ESXiArgs Ransomware Campaign Facilitated by Exploiting VMware Vulnerability

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Cybersecurity research agencies around the world are warning organizations using VMware ESXi servers to patch an almost two (2) year old vulnerability to prevent being compromised by threat actors in the "ESXiArgs" ransomware...more

Pillsbury - Policyholder Pulse blog

The Dangers of Dialogue: Ransomware Attackers Want to See Your Cyber Insurance Policy

Amidst the recent surge in ransomware attacks on U.S. businesses—with crypto criminals and sometimes State actors invading and encrypting computer and operating systems and extorting funds in exchange for the decryption...more

Ankura

The Breaches and Threat Actors that Defined 2022

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In 2022, threat actors and hacker groups made their mark on the digital world by causing unprecedented data breaches that left organizations of all sizes and sectors vulnerable. Even with improved cybersecurity measures in...more

Ankura

The Cybersecurity Insurance Market: What to Expect in 2023

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In recent years, especially through 2019 and 2020, the cyber insurance market in the U.S. has seen significant growth. Middle-market companies have been actively requesting cyber insurance policies with low rates and broad...more

Jones Day

French Law Authorizes Insurability of "Cyber-Ransoms" Paid by Victims, Subject to Prompt Filing of Complaint

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France's Orientation and Programming Law of the Ministry of the Interior ("LOMPI law"), published in the Official Journal of January 25, 2023, amends the insurance coverage of losses and damages paid in response to...more

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