News & Analysis as of

Encryption Cyber Attacks

Dunlap Bennett & Ludwig PLLC

From Listings To Losses: Understanding Cybersecurity Risks In Real Estate

Your real estate firm is at risk from the growing threat of cybersecurity attacks. The days of retaining hard copies and physical files are increasingly phasing out. In an era where digital transformation is altering the...more

Mitratech Holdings, Inc

Caution! Credential Stuffing on the Rise

If you have a tendency to reuse the same password across multiple accounts, you could be leaving yourself (and your organization) exposed to risk. Credential stuffing, the stealthy technique fueling a recent explosion of...more

Fisher Phillips

Ransomware Costs Businesses Record-High $1 Billion in 2023: Your 5-Step Plan to Prevent Attacks in 2024

Fisher Phillips on

2023 was the most devastating year yet for ransomware attacks, with businesses forking over $1 billion in ransom payments for the first time ever – and 2024 is expected to be even worse. Beyond the payments, the average cost...more

Eversheds Sutherland (US) LLP

Getting ready for quantum computing: Managing the quantum threat

​​​​​​​Experts estimate that within the next decade or so, adversaries will have the capacity to use quantum computing to break the encryption on virtually all existing digital databases. This is why it is highly significant...more

Pillsbury - Internet & Social Media Law Blog

The Many-Headed Threat of Ransomware

It may seem that the very term “ransomware” wasted little time going from “newish-sounding threat” to expected, constant presence in the news and IT meetings alike. But, of course, it’s ultimately just a modern word for one...more

Greenbaum, Rowe, Smith & Davis LLP

FTC’s Final Rule Expands the Safeguards Rule for Financial Institutions to Address Cybersecurity Risks and the Privacy of Consumer...

What You Should Know •The FTC has amended the Safeguards Rule for non-bank providers of financial products and services by issuing a Final Rule. •The updates are intended to enhance the security of consumer financial...more

Lowenstein Sandler LLP

Ransomware Case Signifies Shift In Cyber Insurers' Stance

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Ransomware attacks are on the rise. Lax security measures, which have become more acute in the work-from-home environment, continue to be exploited. Companies' systems are hacked into, their data is encrypted, and they face...more

Lowenstein Sandler LLP

Riding the Wave of Cyber Insurance Claim Payments: A Trend Cresting or Crashing?

Lowenstein Sandler LLP on

Ransomware attacks are on the rise. Cyber criminals continue to exploit lax security measures, which have become more acute in the work-from-home environment, and hack into companies’ systems, encrypt their data, and then...more

Woods Rogers

Cybersecurity Awareness Month: Tips On Practicing Basic Cyber Hygiene

Woods Rogers on

In our first article to kick off Cybersecurity Awareness Month, we will discuss some steps businesses can take to improve their cyber hygiene.  Over the past few years, some of the largest and well-known companies have been...more

Constangy, Brooks, Smith & Prophete, LLP

Ransomware Gone Wild – And What You Need To Do To Protect Your Company

The FBI has reported a 400 percent increase in cyber-attacks in 2020 – and, according to some reports, Ransomware makes up about 85 percent of those attacks. Ransomware is one of the most potentially damaging types of...more

Husch Blackwell LLP

The Private Sector Should Heed White House Warning On Cyber Resilience Because Compliance Is Coming

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The increased concern about ransomware incidents from both quantitative and severity standpoints, spurred the White House to urge corporate business leaders to improve their defenses and resilience posture against ransomware...more

TransPerfect Legal

The Colonial Pipeline Ransomware: Know Where Your Key Data Lives, Decrease Your Threat Footprint

TransPerfect Legal on

The Colonial Pipeline ransomware attack was the largest in the energy sector to date, and with cybercrimes up 100% from 2019 to 2020 this is only the beginning for 2021. Many organizations are taking on a digital...more

Lowenstein Sandler LLP

Health Care Facilities Are Under Cyberattack; Cyber Insurance Provides A Valuable Defense

Lowenstein Sandler LLP on

U.S. hospitals, already on the front lines of fighting the coronavirus pandemic, are now facing viral attacks by cybercriminals. More than 20 U.S. hospitals and health care organizations have reported their data being held...more

Troutman Pepper

Digital Planning Podcast - Interview With Leeza Garber

Troutman Pepper on

The Digital Planning Podcast is designed to educate individuals about all things digital in connection with estate planning, business planning, and estate administration. Your hosts, attorneys Jennifer Zegel, Ross Bruch, and...more

Faegre Drinker Biddle & Reath LLP

October is National Cybersecurity Awareness Month

October is National Cybersecurity Awareness Month (NCAM). NCAM serves as a timely reminder to continue to assess and improve organizational cybersecurity. In honor of NCAM, here are five fundamental steps that every...more

Sunstein LLP

Twenty Years Under the Microscope: A Small Business, a Data Breach and the FTC

Sunstein LLP on

James Grago has a nice business going. He runs a website called ClixSense.com that permits users to earn money by completing surveys and watching advertisements. Revenues grew from $6.7 million in 2015 to $9.1 million in...more

Akin Gump Strauss Hauer & Feld LLP

Recent FTC Settlements Highlight Risks of Flawed Information Security Practices and Related Representations

In a set of recent settlements, the Federal Trade Commission (the FTC or Commission) resolved charges against two companies, ClixSense and D-Link, for failing to provide reasonable security and to live up to their data...more

Fisher Phillips

Security Breaches In Schools: 10 Steps To Protect Your Information

Fisher Phillips on

California’s San Diego Unified School District recently disclosed that it had sustained a data breach when multiple phishing emails from malicious hackers were used to gather login information of staff members throughout the...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

The Volkov Law Group

It is 2019 . . . Do You Know Where Your Data Is?

The Volkov Law Group on

We are living in a rapidly changing world (trite, I know) where companies have to focus on data privacy and security for a variety of reasons. Consumers and constituents are concerned about the safety and privacy of personal...more

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

Privacy and Data Security Strategies for Start-Up Companies

Start-up companies know that, when potential investors kick the tires, they will look carefully at the company’s business model and IP portfolio. These days, investors are also likely to look at whether the company is in...more

Burns & Levinson LLP

Early Lessons from the Marriott Breach

Burns & Levinson LLP on

On November 30th, Marriott announced that a guest reservation database on the Starwood side of its business had been breached. Initial reports indicated that upwards of 500 million individuals were affected. The stolen data...more

Burns & Levinson LLP

The Likelihood of Company Executives Being Fired Post-Data Breach – It Isn’t Pretty

Burns & Levinson LLP on

In April 2018, Verizon released the 11th edition of its Data Breach Investigations Report. As usual, the Verizon DBIR contained interesting data points culled from more than 53,000 incidents and 2,216 confirmed data breaches....more

White and Williams LLP

Data Breach Report Reveals Cost Saving Measures for Companies

The Ponemon Institute has released a recent report concluding, among other things, that the cost to a company suffering a data breach in the U.S. has risen eight percent year-on-year from 2017. The total cost of the average...more

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

The Legal Benefits and Practical Problems of Data Encryption in the Workplace (and Elsewhere)

Partner Colin Zick was recently invited to speak to the Union College Computer Science Department’s Seminar Series. His presentation addressed the difficulties in implementing encryption in the workplace, the challenges to...more

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