News & Analysis as of

Ransomware Risk Management State and Local Government

Bradley Arant Boult Cummings LLP

Cybersecurity Basics Are Key to Combating Ransomware

The onslaught of ransomware attacks by cybercriminals increases unabated every year, affecting everyone from mom and pop shops on Main Street to corporate lions of Wall Street. Hackers infiltrate an organization's computer...more

BakerHostetler

North Carolina is the First State to Prohibit Public Entities from Paying Ransoms: What Does This Mean for North Carolina Public...

BakerHostetler on

On April 5th, North Carolina became the first state to prohibit state agencies and local governments from paying ransoms after becoming victims of a ransomware attack. Indeed, in addition to prohibiting said entities from...more

Butler Snow LLP

FBI Warns of Ransomware Risk Over Labor Day Holiday Weekend

Butler Snow LLP on

This week the FBI and the Cybersecurity and Infrastructure Security Agency (CISA) issued a joint Cybersecurity Advisory warning of an increase in ransomware risks over the Labor Day holiday weekend – when offices are normally...more

Alston & Bird

State Legislatures Consider Bans on Ransomware Payments

Alston & Bird on

As ransomware attacks continue to dominate the news cycle, legislation has recently been introduced in several states that would place limits on certain entities’ ability to pay a ransom payment in the event of a ransomware...more

Butler Snow LLP

White House Guidance on Ransomware

Butler Snow LLP on

Ransomware has become the fastest growing type of cybercrime facing businesses today. In 2021, loss values were estimated to have reached at least 57 times those in 2015, exceeding $20 billion. Data and privacy issues are so...more

Epiq

Increased Vigilance Needed Against Ransomware Attacks

Epiq on

In late 2018 the U.S. District Court of New Jersey indicted two Iranian men for allegedly running a hacking scheme that hit local and state governments as well as transportation agencies and hospitals across the U.S. The...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - August 2018 #4

Robinson & Cole LLP on

A new ransomware, dubbed “Ryuk,” has surfaced in the last few weeks and is said to be targeting large organizations in the United States. The attackers behind Ryuk have reportedly made more than $640,000 in just two weeks,...more

Robinson+Cole Data Privacy + Security Insider

NYC Secure Gives New Yorkers Tool to Protect Their Smartphones

On the heels of the ransomware that had the City of Atlanta scrambling last week, Mayor Bill de Blasio announced the launch of “NYC Secure,” a free mobile app that will alert New York City residents of suspicious activity...more

Skadden, Arps, Slate, Meagher & Flom LLP

"Cybersecurity Trends for Boards of Directors"

Cybersecurity has in recent years become an integral component of a board’s role in risk oversight, but directors often find themselves in unfamiliar territory when it comes to formulating policies and oversight processes...more

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