News & Analysis as of

Artificial Intelligence Cyber Crimes

Cozen O'Connor

NYDFS Issues Guidance on Cybersecurity Risks Arising from Artificial Intelligence

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On October 16, 2024, the New York Department of Financial Services (NYDFS) issued an Industry Letter that discusses the cybersecurity risks associated with the use of artificial intelligence (AI) and outlines strategies to...more

Constangy, Brooks, Smith & Prophete, LLP

Ransomware, AI, privacy suits, and more: A recap of the NetDiligence 2024 Cyber Risk Summit

The NetDiligence Cyber Risk Summit, which was held September 30-October 2 in Philadelphia, featured panels focused on the latest developments and challenges in cyber risk. Speakers included insurance, legal, and technology...more

Troutman Pepper

Troutman Pepper Weekly Consumer Financial Services Newsletter- October 2024 # 3

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To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more

Ankura

‘Dark’ AI: The Emergence of Generative AI Tools Tailored for Threat Actors

Ankura on

Technological advancements are plentiful in the world of cybersecurity and are often seen as a double-edged sword, a sentiment that holds true in the rise of generative AI. As AI gains traction for its versatility and power,...more

Dunlap Bennett & Ludwig PLLC

Harnessing AI In Cybersecurity: Balancing Innovation And Risk

Businesses are under increasing pressure to strengthen their cybersecurity defenses as cyber threats become more sophisticated and frequent. Traditional security measures are struggling to keep up with the rising risks of...more

Alston & Bird

AI vs. AI: Recent Developments in the Cyber Landscape

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The ubiquity of artificial intelligence (AI) has heightened companies’ exposure to cyberattacks of increasingly greater sophistication. Our Privacy, Cyber & Data Strategy Team explores how businesses can enhance their...more

DLA Piper

Key Insights from the Tech Index 2024 Report

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This year, our DLA Piper Tech Index is global, and captures the views of an even wider cross section of organizations working in the technology space. The report itself contains fascinating and granular findings on a range of...more

Epstein Becker & Green

Why Executive Teams Should Prepare for the Cybersecurity and Fraud Risks of Deepfakes

Epstein Becker & Green on

The widespread availability of Artificial Intelligence (AI) tools has enabled the growing use of “deepfakes,” whereby the human voice and likeness can be replicated seamlessly such that impersonations are impossible to detect...more

Alston & Bird

Ransomware Activity Trends in Q2 2024

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Ransomware attacks are hitting record highs in 2024 and show no sign of slowing down as new criminal groups enter the scene and employ a variety of evolving tactics. This post identifies key highlights of ransomware activity...more

Foley Hoag LLP - Security, Privacy and the...

The Health Sector Cybersecurity Coordination Center’s September 19 Threat Briefing on Healthcare Technology Security

As healthcare technology continues to evolve, so does the need for robust compliance strategies to safeguard patient information and ensure the integrity of medical devices. In a joint September 19, 2024 presentation, the...more

J.S. Held

Benefits of a vCISO in the Age of AI-Driven Cyberattacks

J.S. Held on

Cyberattacks powered by artificial intelligence have become more sophisticated as bad actors utilize machine learning to analyze vulnerabilities, automate exploits, and outpace traditional security measures. Through the use...more

Bradley Arant Boult Cummings LLP

Ransomware Reckoning – The New Bill Changes the Game

The Intelligence Authorization Act for Fiscal Year 2025 (S.4443) is a bold legislative step in addressing ransomware as a critical threat. The act’s provisions, from elevating ransomware to a national intelligence priority to...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #411 – Phishing Attacks Increased 40% in 2023

Everyone thinks they can spot a phishing email. If true, we would not see so many security incidents, data breaches, and ransomware attacks. The statistics are overwhelming that phishing emails are a significant cause of data...more

Fisher Phillips

If a Cybersecurity Firm Can Fall For the Latest AI Workplace Scam, So Can You: 10 Steps to Protect Your Business

Fisher Phillips on

A prominent cybersecurity training company just fell victim to an increasingly common scam when it hired a remote worker who turned out to be a North Korean cybercriminal that used AI deepfake tools to fake his identity and...more

Dorsey & Whitney LLP

Cybercrime Trends: A Midyear Review

Dorsey & Whitney LLP on

Cybercriminals continue to outpace the best efforts of regulators, law enforcement, and cybersecurity professionals. Recent reporting from the Federal Bureau of Investigation demonstrates that cybercriminals are increasingly...more

J.S. Held

Cybercrime vs. Cybersecurity: Learning the Tactics of Criminals to Protect Your Interests

J.S. Held on

Gone are the days where technological solutions were “nice to have” options to provide us with better access to resources and improved process efficiencies. Nowadays, technological solutions – and specifically those that...more

Fox Rothschild LLP

The Presumption of Innocence Podcast: Episode 39 - Unthreading the Silk Road: A Conversation With Author Nick Bilton

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A marketplace of drugs, guns and murder for hire. Journalist and author Nick Bilton explored the illicit web-based market the Silk Road in his page-turner, American Kingpin: The Epic Hunt for the Criminal Mastermind Behind...more

Spilman Thomas & Battle, PLLC

Decoded Technology Law Insights, V 5, Issue 4, May 2024

MIT Report Details New Cybersecurity Risks - “Cloud misconfigurations, more sophisticated ransomware, and vendor exploitation attacks are contributing to rising cyberattacks.” Why this is important: Worldwide spending...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - April 2024 #2

Robinson & Cole LLP on

CYBERSECURITY - New Threat: Scattered Spider International Coalition of Hackers - Cyber adversaries in China and Russia continue to be a formidable threat to U.S. based companies. In the past, scams might be detected...more

Robinson+Cole Data Privacy + Security Insider

HC3 Warns Health Sector About Social Engineering Attacks Against IT Help Desks

The Health Sector Cybersecurity Coordination Center (HC3) recently issued an Alert warning that “threat actors employing advanced social engineering tactics to target IT help desks in the health sector and gain initial access...more

Dorsey & Whitney LLP

The New Face of Fraud: Deepfakes and the Emerging Cyber Threats in Hong Kong

Dorsey & Whitney LLP on

Almost from the very beginning of the internet era, the world has been increasingly afflicted with cyberfraud, exploiting the internet’s potential to enable fraudsters to induce unsuspecting victims to transfer money to...more

Spilman Thomas & Battle, PLLC

Decoded Technology Law Insights, V 5, Issue 3, April 2024

Using AI to Build Cyber Resilience for Critical Infrastructure - "Cyber resilience serves as a literal survival strategy, offering a framework to detect threats, understand attacks, recover swiftly, and adapt to...more

Guidepost Solutions LLC

Defending Your Law Firm Against Cyber Threats

In an increasingly digitized world, law firms are prime targets for sophisticated cyber threats that can result in substantial financial losses and reputational damage. Recently, a prominent law firm, esteemed for its...more

Guidepost Solutions LLC

Investment Advisers and Generative AI

Start Planning Now to Reduce Your Increased Money Laundering, Sanctions, and Conflicts of Interest Risks The introduction and use of generative artificial intelligence (GenAI) and predictive data analytics (PDAs) by...more

Morrison & Foerster LLP - Social Media

Social Links: March 2024

Conversations around AI continue to dominate the headlines in early 2024 and show no signs of abating anytime soon. Here are few of the stories and trends we’ve been tracking at Socially Aware. A deepfake technology scam...more

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