News & Analysis as of

Risk Management › Hackers › Extortion

Ogletree, Deakins, Nash, Smoak & Stewart,...

FBI Warns of Hidden Threats in Remote Hiring: Are North Korean Hackers Your Newest Employees?

Ogletree, Deakins, Nash, Smoak & Stewart,... on

The Federal Bureau of Investigation (FBI) recently warned employers of increasing security risks from North Korean workers infiltrating U.S. companies by obtaining remote jobs to steal proprietary information and extort money...more

Patterson Belknap Webb & Tyler LLP

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

Patterson Belknap Webb & Tyler LLP on

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

BakerHostetler

DSIR Deeper Dive: 2023 Crypto Threat Landscape

BakerHostetler on

Following one of the most turbulent years in crypto history, 2023, in contrast, unfolded as a year of reprieve, including from crypto threats. According to a July 12, 2023, report from blockchain analytics firm Chainalysis,...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

Pillsbury - Policyholder Pulse blog

Insuring a King’s Ransom: The Role of Cyber Insurance in Ransomware Risk Management

Pillsbury - Policyholder Pulse blog on

Nearly 700 years ago, England captured King John II of France and held him for ransom for four million écus. But France could not afford to pay, and King John II ultimately traded his two sons as substitute hostages to try...more

McDermott Will & Emery

Uber Criminal Complaint Raises the Stakes for Breach Response

McDermott Will & Emery on

On August 20, 2020, a criminal complaint was filed charging Joseph Sullivan, Uber’s former chief security officer, with obstruction of justice and misprision of a felony in connection with an alleged attempted cover-up of a...more

Harris Beach Murtha PLLC

Can Hackers be Ethical, not Evil?

Harris Beach Murtha PLLC on

We are increasingly seeing situations in which a client’s information systems are breached by an ethical hacker. Typically, they take a screen shot or two of data to prove their accomplishment, carefully redact any...more

Robinson+Cole Data Privacy + Security Insider

OCR Warns of Cyber Extortion and Provides Checklist

Robinson+Cole Data Privacy + Security Insider on

In its January newsletter, the Office for Civil Rights (OCR) focused on cyber extortion, which it stated has “risen steadily over the past couple of years and continue to be a major source of disruption for many...more

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