News & Analysis as of September 21, 2024

Virtual Currency › Information Technology

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Virtual Currency (aka Digital Currency or Digital Money) is a type of currency or medium of exchange that is not issued by any government nor guaranteed by a government currency. Despite lacking legal tender status, Virtual Currency is still traded and exchanged in some environments, typically online environments or communities. Bitcoin is the most well-known form of Virtual Currency. less -

White House Focused on Combating Ransomware

Robinson+Cole Data Privacy + Security Insider on 7/16/2021

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

Data Privacy + Cybersecurity Insider - February 2018 #3

Robinson & Cole LLP on 2/16/2018

As of February 15, 2018, banks, insurance companies, and other financial services institutions and licensees regulated by the New York Department of Financial Services (DFS) are required to file their first certification of...more

NIST Issues Blockchain Technology Report to Help Businesses “Make Good Decisions” About Using Blockchain

Robinson+Cole Data Privacy + Security Insider on 1/29/2018

On January 24, 2018, the National Institute of Standards and Technology (NIST) issued its “Draft NIST Interagency Report 8202 Blockchain Technology Overview” which it announced as NIST’s “Report on Blockchain Technology Aims...more

Data Privacy + Cybersecurity Insider - November 2017 #4

Robinson & Cole LLP on 12/1/2017

Intel has confirmed it has a bug in its remote server management tool. The tool, known as Management Engine, permits administrators of IT systems to access devices remotely to apply updates or troubleshoot problems for users....more

Your Daily Dose of Financial News

Robins Kaplan LLP on 8/7/2017

Wells Fargo has reportedly uncovered another trove of unauthorized accounts, according to a regulatory filing on Friday. The bank also disclosed a CFPB investigation over potential harm to customers over its practice of...more

WannaCry Ransomware Alert

Sheppard Mullin Richter & Hampton LLP on 5/22/2017

This is not a drill. Companies and law enforcement agencies around the world have been left scrambling after the world’s most prolific ransomware attack hit over 500,000 computers in 150 countries over a span of only 4...more

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