News & Analysis as of

Risk Management Cyber Attacks Cyber Threats

Robinson+Cole Data Privacy + Security Insider

Joint Alert Warns of Medusa Ransomware

On March 12, 2025, a joint cybersecurity advisory was issued by the Cybersecurity and Infrastructure Security Agency, the Federal Bureau of Investigation, and the Multi-State Information Sharing and Analysis Center to advise...more

Alston & Bird

Emergence of Medusa Ransomware

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On March 12, 2025, the Cybersecurity and Infrastructure Security Agency (CISA), in collaboration with the Federal Bureau of Investigation (FBI) and the Multi-State Information Sharing and Analysis Center (MS-ISAC), issued a...more

Ankura

The Transformative Role of Artificial Intelligence in Cybersecurity

Ankura on

AI-Powered: Corporate Strategies Versus Hacker Tactics - How can companies use artificial intelligence to respond more efficiently to threats, and what innovative attack methods are hackers developing with the help of AI?...more

Robinson+Cole Data Privacy + Security Insider

MS-ISAC Loses Funding and Cooperative Agreement with CIS

The Cybersecurity and Infrastructure Security Agency (CISA) confirmed on Tuesday, March 11, 2025, that the Multi-State Information Sharing and Analysis Center (MS-ISAC) will lose its federal funding and cooperative agreement...more

Robinson+Cole Data Privacy + Security Insider

Social Engineering + Stolen Credential Threats Continue to Dominate Cyber-Attacks

CrowdStrike recently published its 2025 Global Threat Report, which among other conclusions, emphasized that social engineering tactics aimed to steal credentials grew an astounding 442% in the second half of 2024....more

Alston & Bird

Ghost (Cring) Ransomware: Understanding The Threat & How Enterprises Can Defend Themselves

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On February 19, 2025, the Cybersecurity and Infrastructure Security Agency (CISA), in collaboration with the Federal Bureau of Investigation (FBI) and the Multi-State Information Sharing and Analysis Center (MS-ISAC), issued...more

Alston & Bird

Ransom Payments at a Historic Low According to Report

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On February 4, 2025, Coveware, Inc. released its quarterly ransomware report for the fourth quarter of 2024, and identified that the percentage of victims paying ransoms fell to a historic low of 25%.  While the average...more

Husch Blackwell LLP

Cybersecurity and Solar Power Vulnerability

Husch Blackwell LLP on

As noted , the renewable energy sector faces growing concerns over its vulnerability to cyberattacks. Since then, the situation has not improved; the U.S. electrical grid has grown more vulnerable to cyberattacks, with...more

Orrick, Herrington & Sutcliffe LLP

Cyber Threats in Public Finance: Protecting Transactions from Wire Fraud

A recent cyberattack on a Michigan township has exposed weaknesses in the bond-closing process. In this incident, hackers stole over $25 million in bond proceeds by using spoofed email addresses to provide fraudulent wire...more

Hogan Lovells

Cybersecurity researchers discover “Bad Likert Judge,” a new AI jailbreaking technique

Hogan Lovells on

The “Bad Likert Judge” jailbreaking technique boasts a high attack success rate by using a three-step approach which employs the target LLM’s own understanding of harmful content to bypass the target LLM’s safety guardrails....more

American Conference Institute (ACI)

[Event] 2nd National Conference on Cybersecurity Law & Compliance - January 29th - 30th, Arlington, VA

Cyberattacks are affecting every company and sector. Meanwhile, the regulatory landscape is intensifying as the SEC continues to enforce the cyber-risk management disclosure rules. Every day presents a new compliance and...more

Fisher Phillips

Proposed Updates to HIPAA Security Rule Would Require Entities to Adopt Enhanced Cybersecurity Measures

Fisher Phillips on

The HIPAA Security Rule may soon undergo a big overhaul that would better defend healthcare data from cybersecurity threats – and require much more from covered entities when it comes to establishing and maintaining defenses....more

Baker Donelson

How Remote Hiring Practices Could Lead to Infiltration of Your Organization: North Korea Operatives are Exploiting Remote Hiring...

Baker Donelson on

In today's fast-paced digital world, businesses often seek to access a global pool of skilled professionals by turning to remote talent to fill gaps in their IT needs. Although this practice has many advantages, it also...more

A&O Shearman

Cybersecurity: The changing threat and risk landscape

A&O Shearman on

Cyber issues are seldom out of the news, from ransomware attacks and espionage to non-malicious outages that cause widespread concern. Organizations need to protect themselves against both current and future risks and...more

Akerman LLP - Health Law Rx

NYDFS Highlights Strategies to Combat AI Cybersecurity Risks

The increased use of artificial intelligence (AI) in the banking, insurance, and financial services industries has led the New York State Department of Financial Services (NYDFS or Department) to publish an Industry Letter on...more

Vinson & Elkins LLP

[Webinar] Cybersecurity for the C-Suite - December 5th, 12:00 pm - 1:00 pm CT

Vinson & Elkins LLP on

Cybersecurity is integral to protecting sensitive information, ensuring regulatory compliance, managing financial risks, maintaining reputation, ensuring business continuity, gaining a competitive advantage, adapting to...more

Alston & Bird

The Digital Download – Alston & Bird’s Privacy & Data Security Newsletter – November 2024

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Publications & Advisories - November 2024 – Kathleen Benway, Jennifer Everett, Alysa Austin, and Kristen Bartolotta published “Federal Trade Commission’s Updated Health Breach Notification Rule Is Now in Effect” in Employee...more

Mayer Brown

Applying the Enterprise Risk Mindset to Navigate Cybersecurity Threats - New Risk Mindset Series

Mayer Brown on

Financial institutions and securities market participants continue to face escalating cyber threats – in frequency, volume, and severity. The many reasons for the escalating risk include: Financial services companies are...more

Alston & Bird

Combatting the New Insider Threat: North Korean IT Workers Posing as Remote Employees

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The New York Department of Financial Services issued a cybersecurity advisory on November 1, 2024, regarding a growing threat posed by North Korean operatives seeking remote IT roles at U.S. companies. These operatives secure...more

Baker Donelson

Ten Best Practices to Protect Your Organization Against Cyber Threats

Baker Donelson on

The conclusion of Cybersecurity Awareness Month is a reminder of the importance for organizations to implement robust security measures and promote good cyber hygiene. As we noted in our State of the Cyber Landscape webinar,...more

Society of Corporate Compliance and Ethics...

The SEC’s cybersecurity and disclosure rules: The questions compliance pros still have

The U.S. Securities and Exchange Commission (SEC) Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure rules officially went into effect in December 2023. Aimed at improving cybersecurity risk...more

Alston & Bird

Coming This December: Will Health Care Entities Be Unwrapping New HIPAA Security Rules for the Holidays?

Alston & Bird on

Our Health Care and Privacy, Cyber & Data Strategy Groups cover an upcoming proposed rule from U.S. Health and Human Services (HHS) that would formalize cybersecurity requirements and allow the Office for Civil Rights (OCR)...more

Kilpatrick

AI Cybersecurity Guidance Summary - NYDFS and Singapore CSA

Kilpatrick on

As regulators worldwide continue to scrutinize the impact of AI on industries within their respective purviews, two key global agencies issued guidance in October 2024 that highlighted AI-based cybersecurity risks and best...more

Polsinelli

Cybersecurity for Critical Infrastructure Update – Incident Response Improves, Industry Standards Evolve

Polsinelli on

Critical infrastructure facilities are increasingly vulnerable to cybersecurity events, as demonstrated by the number of cyberattacks that have occurred this year against utilities including those in the energy sector...more

Mayer Brown

New York State Department of Financial Services Issues Industry Letter on Cybersecurity Risks Arising from Artificial Intelligence

Mayer Brown on

BACKGROUND - On October 16, 2024, the New York State Department of Financial Services (DFS) issued an industry letter, Cybersecurity Risks Arising from Artificial Intelligence and Strategies to Combat Related Risks,...more

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