News & Analysis as of

Cyber Crimes Cybersecurity Risk Management

Wiley Rein LLP

Dissenting Commissioners Criticize SEC’s Latest Cybersecurity Disclosure Cases

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Continuing its controversial and aggressive approaches to cybersecurity, the U.S. Securities and Exchange Commission (SEC) recently charged four current and former public companies for purportedly “materially misleading...more

Constangy, Brooks, Smith & Prophete, LLP

NY-licensed financial services companies must harden incident response plans, improve breach readiness by November 1

New York’s Cybersecurity Regulation continues its phased roll-out on November 1, when licensed financial services companies face a host of new requirements aimed at bolstering breach readiness and improving their ability to...more

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

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #418 – New Phishing Scheme Uses Scarce Weight Loss Drugs as Hook

Scammers are always looking for new ways to dupe victims. If you battle your weight, you think about it a lot and are always looking for easier ways to lose some pounds. There is no easy way, but we are always looking for an...more

Troutman Pepper

Federal Cybersecurity Requirements Ought Not Be Ignored by Contractors

Troutman Pepper on

Since 2016, the federal government has implemented numerous procurement regulations and associated contract clauses to address cybersecurity by requiring contractors to adopt various controls and standards to protect...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

Jackson Lewis P.C.

Key Takeaways for Healthcare Providers Following HHS OCR’s Most Recent Ransomware Investigation

Jackson Lewis P.C. on

Announcing its fourth ransomware cybersecurity investigation and settlement, the Office for Civil Rights (OCR) also observed there has been a 264% increase in large ransomware breaches since 2018....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

Dorsey & Whitney LLP

Cybercrime Trends: A Midyear Review

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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

Robinson+Cole Data Privacy + Security Insider

Scattered Spider Using RansomHub and Qilin Ransomware Against Victims

We previously reported on the concerning mash-up of worldwide cybercriminals, known as Scattered Spider, working together to attack victims. New reports from Microsoft and others indicate that in the second quarter of...more

Robinson+Cole Data Privacy + Security Insider

CrowdStrike Customers Targeted by Threat Actors Using Fake Help Websites

If you are a customer of CrowdStrike, you are working on recovering from the outage that occurred on July 19, 2024. As if that isn’t enough disruption, CrowdStrike is warning customers that threat actors are taking advantage...more

J.S. Held

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

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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

Patterson Belknap Webb & Tyler LLP

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

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

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #393 – Phishing, Smishing, Vishing and Qrishing Schemes Continue to Dupe Users

The recent increase in smishing and vishing schemes is prompting me to remind readers of schemes designed to trick users into providing credentials to perpetrate fraud. We have previously written on phishing, smishing,...more

Health Care Compliance Association (HCCA)

Privacy Briefs: March 2024

Research from Guidepoint Security found that 2023 saw an 80% increase in ransomware activity year-over-year, driven in part by multiple mass exploitation campaigns impacting hundreds of organizations. In total, the report...more

Adams and Reese LLP

Artificial Intelligence Redefines Our Defense Against Cyber Threats

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In 2024, the cybersecurity landscape is poised for remarkable transformations and formidable challenges, and artificial intelligence (AI) is redefining the way we defend against cyber threats, with its prevalence in...more

Porter Hedges LLP

CSF 2.0 – An Expanded Cybersecurity Framework for all Organizations

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Cybersecurity compliance, governance, and disclosure practices have evolved significantly over the past decade. As we have noted in prior blog posts, the U.S. Securities and Exchange Commission is requiring cybersecurity...more

Alston & Bird

Top 10 Issues General Counsel Need to Know About Ransomware in 2024

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Threat actors are evolving. Our Privacy, Cyber & Data Strategy Team explains how ransomware gangs have changed their tactics and how companies can respond to the threat while navigating new scrutiny from investors and...more

Robinson+Cole Data Privacy + Security Insider

Ransomware Hitting U.S. Companies at Increasing Rate

Unfortunately, according to Unit 42 of Palo Alto’s recently published “Ransomware and Extortion Report,” ransomware groups had a good year in 2022. They found that threat actors are using multi-extortion tactics to get paid...more

Bradley Arant Boult Cummings LLP

Business Email Compromise: The Most Prevalent – and Preventable – Cyber Risk

Ransomware attacks that shut business down to zero and data breaches that disclose the personal information of customers, vendors and employees justifiably strike fear in the hearts of executives everywhere. Organizations can...more

Jackson Lewis P.C.

AI, Phishing Attacks, Healthcare, and a $480,000 OCR Settlement under HIPAA

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Phishing has long been a favorite tactic for threat actors (hackers) to commence a cyberattack. The rapid expansion of more adaptable and available artificial intelligence (AI) technologies, such as natural language...more

Hinckley Allen

The 2023 Cyber Year in Review

Hinckley Allen on

The Most Significant Developments in Cybersecurity and Cyber-Related Liability Risks - As we reflect upon 2023, it will unfortunately be remembered as a record-breaking year for ransomware and cybercrime....more

Health Care Compliance Association (HCCA)

Privacy Briefs: December 2023

Report on Patient Privacy 23, no. 12  (December, 2023) Northwell Health in New York and Cook County Health in Chicago each experienced impacts from a breach at Nevada-based transcription company Perry Johnson & Associates...more

Robinson+Cole Data Privacy + Security Insider

Resilience Midyear 2023 Claims Report: Ransomware Cybercriminals Shift Tactics

Resilience issued its Midyear 2023 Claims Report, which is well worth the read. In addition to commenting on the impact of the MOVEit incident, some of the key findings include...more

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