News & Analysis as of

Ransomware Incident Response Plans

Health Care Compliance Association (HCCA)

Privacy Briefs: September 202

The HHS Centers for Medicare & Medicaid Services (CMS) and Wisconsin Physicians Service Insurance Corporation (WPS) are notifying 946,801 people whose protected health information or other personally identifiable information...more

Troutman Pepper

SEC Cybersecurity Incidents Disclosures: Materiality, Decryptors, and Ransom Payments - Dear Mary – Incidents + Investigations...

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I work for a public company that recently experienced a ransomware attack. Fortunately, we were able to restore our business operations quickly by obtaining a decryption key from the threat actor. Given that we managed to get...more

BCLP

Navigating a Security Incident - Best Practices for Engaging Service Providers - September 2024

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With the recent wave of ransomware and other security incidents, it is now more important than ever for impacted organizations to have a thorough understanding of each element of a proper data breach response. That includes...more

Troutman Pepper

Ensuring Proper Legal Involvement in the Incident Response Process - Dear Mary – Incidents + Investigations Cybersecurity Advice...

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“Dear Mary” is Troutman Pepper’s Incidents + Investigations team’s advice column. Here, you will find Mary’s answers to questions about anything and everything cyber-related — data breaches, forensic investigations, how to...more

Robinson+Cole Data Privacy + Security Insider

Halcyon Provides Intel on Volcano Demon Ransomware

Security research firm Halcyon recently reported that it “encountered” a new ransomware organization dubbed Volcano Demon several times in the past few weeks....more

Mintz - Privacy & Cybersecurity Viewpoints

SEC Issues Updated Guidance on Cybersecurity Incident Disclosure Under Item 1.05 of Form 8-K

On June 24, 2024, the SEC issued five new Compliance & Disclosure Interpretations (C&DIs) relating to the materiality assessment and disclosure requirements of material cybersecurity incidents under Item 1.05 of Form 8-K....more

Akin Gump Strauss Hauer & Feld LLP

SEC Publishes Five C&DIs Covering Cybersecurity Incident Disclosures Pursuant to Item 1.05 of Form 8-K

On June 24, 2024, the U.S. Securities and Exchange Commission (SEC) published five new Form 8-K Compliance and Disclosure Interpretations (C&DIs) expanding the agency’s interpretations of cybersecurity incident disclosures...more

Fox Rothschild LLP

Navigating the CDK Global Ransomware Attack: Practical Guidance for Auto Dealerships

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CDK Global, a key provider of cloud-based software for auto dealerships, suffered a severe ransomware attack this week, disrupting operations for thousands of dealerships across North America. The attack has crippled vital...more

Spilman Thomas & Battle, PLLC

Decoded - Technology Law Insights, V 5, Issue 5, June 2024

We are pleased to announce that several of the firm’s practice groups and attorneys were recognized in the 2024 edition of Chambers USA, a directory of leading law firms and attorneys. Chambers and Partners annually...more

Kennedys

[Webinar] Days of reckoning: How to prepare for, respond to, and recover from ransomware and other cyberattacks - June 27th, 2:00...

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Kennedys and Booz Allen Hamilton are delighted to invite you to our 3 hour webinar on Thursday, June 27, 2024. This half-day seminar features three presentations: Clear and present danger, In the war room, and The fallout....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

HaystackID

New Cyber Regulations Define Battle Lines in Corporate and Infrastructure Security

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Amidst an ever-evolving cyber threat landscape, a recent slew of regulatory updates and cybersecurity standards are defining a new battlefront for securing critical infrastructure and corporate data across varying sectors....more

Epiq

The Rising Threat of Cyber Incidents

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In today’s digital world, cyber incidents pose a significant risk to businesses of all sizes. From data breaches to ransomware attacks, organisations face a barrage of threats and unfortunately, the discussion has moved from...more

Kennedys

[Webinar] Ransom-ready: Navigating recovery, remediation and legalities - June 4th, 11:00 am - 12:00 pm EST

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Kennedys and CYPFER are delighted to invite you to our 60 minute webinar on Tuesday, June 4, 2024. We will explore the practical and legal implications involved in navigating a ransomware event, and how decision-making in a...more

Health Care Compliance Association (HCCA)

UHG’s Breach Response May Prove Enlightening for Others

Organizations typically deal with ransomware attacks out of the public eye, but the massive scale of United Healthcare Group’s (UHG) February breach made that an impossibility. UHG CEO Andrew Witty was recently on the hot...more

Akin Gump Strauss Hauer & Feld LLP

New CISA Cybersecurity Incident Reporting Requirements Proposed for Critical Infrastructure Companies

On April 4, 2024, the Department of Homeland Security’s (DHS) Cybersecurity and Infrastructure Security Agency (CISA) officially published its Notice of Proposed Rulemaking (NPRM) detailing significant new cybersecurity...more

Bricker Graydon LLP

Key Insights for School District Leaders

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It’s not getting any easier. In fact, “for K-12 schools, cyber incidents are so prevalent that, on average, there is more than one incident per school day.” While high-profile cyber threats like ransomware and data...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

Guidepost Solutions LLC

Cyber Bullets for Small Law Firms

In our rapidly evolving digital landscape, all organizations are facing an onslaught of cybersecurity threats. According to recent research, victims of cyber attacks paid out a record $1.1 billion last year and have already...more

Fisher Phillips

Ransomware Costs Businesses Record-High $1 Billion in 2023: Your 5-Step Plan to Prevent Attacks in 2024

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2023 was the most devastating year yet for ransomware attacks, with businesses forking over $1 billion in ransom payments for the first time ever – and 2024 is expected to be even worse. Beyond the payments, the average cost...more

Baker Donelson

Top Privacy and Cybersecurity Issues to Track In 2024

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In recognition of International Privacy Day on January 28, we wanted to share some insights on the top privacy and cybersecurity issues for the new year. Data privacy and cybersecurity will continue to be one of the most...more

Cozen O'Connor

AG James Gives Health Care Provider’s Data Security a Checkup Following Ransomware Attack

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New York AG Letitia James settled with Refuah Health Center, Inc. to resolve allegations the health care provider violated the HIPAA Security Rule and Breach Notification Rule, as well as New York’s General Business Law, by...more

Epiq

Looking at Data Breach and Class Action Exposure Through a Single Lens

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There has been a spike in data breach class actions this year. According to a study by Law.com Radar, the monthly average of data breach class actions was 44.5 from January through August. This figure is more than double of...more

Patterson Belknap Webb & Tyler LLP

Multistate Coalition of State Attorneys General Secures $49.5 Million from Cloud Company Blackbaud for 2020 Data Breach

State regulators across the country continue to increase their focus on cyber security and data privacy compliance and enforcement. For years, cloud company Blackbaud, a service provider to thousands of nonprofit enterprises,...more

BakerHostetler

DSIR Deeper Dive: Data Processing Addendums: Indemnities, Limitations of Liability and the Cost of a Data Breach

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When negotiating technology or data services contracts, businesses of all sizes and industries are now spending more time and attention on privacy controls. The increasing prevalence of comprehensive U.S. state privacy laws...more

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