News & Analysis as of

Ransomware Personally Identifiable Information Risk Management

Health Care Compliance Association (HCCA)

Privacy Briefs: April 2024

The Cybersecurity and Infrastructure Agency (CISA) is seeking comment on a proposed rule to implement reporting requirements for critical infrastructure entities, including health care entities, on cyberattacks and ransomware...more

Robinson+Cole Data Privacy + Security Insider

Ransomware Hitting U.S. Companies at Increasing Rate

Unfortunately, according to Unit 42 of Palo Alto’s recently published “Ransomware and Extortion Report,” ransomware groups had a good year in 2022. They found that threat actors are using multi-extortion tactics to get paid...more

Robinson+Cole Data Privacy + Security Insider

Resilience Midyear 2023 Claims Report: Ransomware Cybercriminals Shift Tactics

Resilience issued its Midyear 2023 Claims Report, which is well worth the read. In addition to commenting on the impact of the MOVEit incident, some of the key findings include...more

Robinson+Cole Data Privacy + Security Insider

HC3 Warns Healthcare Organizations of NoEscape Ransomware

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

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

Burr & Forman

Hacking the Hive: How It Can Help Businesses

Burr & Forman on

Businesses can breathe a little easier now that one of the world’s top five ransomware networks, the Hive, has been infiltrated and disbanded by the FBI....more

Fenwick & West LLP

To Pay or Not to Pay: Five Critical Approaches to Beating a Ransomware Threat

Fenwick & West LLP on

It’s the call you hope you never get. Your company has been hit with a ransomware attack. Your systems are offline. Your customer data was stolen by an unknown threat actor who is threatening to leak it. You have lots of...more

Robinson+Cole Data Privacy + Security Insider

Joint International Advisory Warns of Increased Global Threat of Ransomware

A joint Cybersecurity Advisory issued by U.S. and international partners, entitled “2021 Trends Show Increased Globalized Threat of Ransomware,” warns of “the growing international threat posed by ransomware over the past...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - January 2022 #4

Robinson & Cole LLP on

CYBERSECURITY - CISA Warns “Every Organization” in U.S. to Assess + Respond to Cyber Risks - The Cybersecurity & Infrastructure Security Agency (CISA) recently issued another warning to “every organization” in the...more

Robinson+Cole Data Privacy + Security Insider

China-Based Ransomware Operator Exploiting Log4j Vulnerability

Microsoft has issued frequent updates on the Log4j vulnerability that we have been hearing so much about. The vulnerability is a serious problem that will become more widespread as time goes on....more

Robinson+Cole Data Privacy + Security Insider

Rebranded Ransomware Group Sabbath Hitting Hospitals and Schools

Researchers at Mandiant have recently reported that a new ransomware group calling itself Sabbath appears to be the rebranded group Arcane and “picked up their pace” in November....more

Polsinelli

Federal Banking Regulators Issue Rule Requiring 36 Hour Notice of Ransomware and Other Disruptive Cybersecurity Incidents

Polsinelli on

On November 18, 2021, the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency issued a joint final rule to require banking...more

Robinson+Cole Data Privacy + Security Insider

FBI Warning: M&A Activity Targeted by Ransomware Groups

The FBI issued a Private Industry Notification on November 2, 2021, warning companies that “ransomware actors are very likely using significant financial events, such as mergers and acquisitions, to target and leverage victim...more

Robinson+Cole Data Privacy + Security Insider

CISA Issues Guidance on Ransomware Attacks

On August 25, the Cybersecurity and Infrastructure Security Agency (CISA) issued a fact sheet offering suggestions to government agencies and private companies on how to prevent and respond to a ransomware attack. ...more

Robinson+Cole Data Privacy + Security Insider

Emerging Ransomware Groups Getting into the Action

According to a report issued on August 24, 2021, by Unit 42 of Palo Alto Networks Ransomware Groups to Watch: Emerging Threats, four emerging ransomware groups “are currently affecting organizations and show signs of having...more

Robinson+Cole Data Privacy + Security Insider

DeepBlueMagic Ransomware Appears on the Scene

Researchers at Heimdal Security have detected a new ransomware dubbed DeepBlueMagic. According to Heimdal, it is particularly concerning because it is able to disable security tools that companies have employed in order to...more

Robinson+Cole Data Privacy + Security Insider

White House Focused on Combating Ransomware

Ransomware attacks are frequent and escalating as we speak. Double extortion scams are hitting companies at a dizzying pace, and catching companies, large and small, off-guard. U.S. President Joseph Biden warned Russian...more

Epstein Becker & Green

A Guide to Practical, Regulatory, and Reputational Risk Management

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

Robinson+Cole Data Privacy + Security Insider

Cyber Criminals Hone Attacks Against Schools

The FBI recently issued a Flash alert warning higher education institutions, k-12 schools, and seminaries about increasing numbers of ransomware attacks affecting the education industry....more

Burr & Forman

What’s a Company Do?

Burr & Forman on

Ransomware attacks have increased over the last several months, but the nation state attacks identified over the last several days are causing people to take a harder look at their systems and what they can do to protect...more

Rumberger | Kirk

Pandemic-based Cyber Attacks, Phishing Schemes & Data Breaches: Oh My!

Rumberger | Kirk on

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

Davis Wright Tremaine LLP

Healthcare Systems Remain an Attractive Target for Ransomware Attacks

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

Robinson+Cole Data Privacy + Security Insider

Q3 Coveware Report: Unsettling Update on Ransomware

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

Shook, Hardy & Bacon L.L.P.

Privacy and Data Security Alert l March 2020 #2

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

Robinson+Cole Data Privacy + Security Insider

Ransomware Attacks Predicted to Occur Every 11 Seconds in 2021 with a Cost of $20 Billion

Confirming what we are seeing in the field, cybersecurity firm Cybersecurity Ventures has predicted that, globally, businesses in 2021 will fall victim to a ransomware attack every 11 seconds, down from every 14 seconds in...more

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