News & Analysis as of September 18, 2024

Extortion

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A repository for the most well-read content on JD Supra at any given time, along with occasional roundups of popular content by specific topic. Also stop by for monthly recaps of hot articles for the previous... more +

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

Patterson Belknap Webb & Tyler LLP on 4/23/2024

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

Empire State of Security: New York DFS Finalizes Significant Amendment to Financial Services Cybersecurity Regulation

Wyrick Robbins Yates & Ponton LLP on 12/5/2023

The New York State Department of Financial Services (“NYDFS”), which regulates financial services institutions including banks, insurance companies, and mortgage brokers, finalized an amendment to its Cybersecurity Regulation...more

Data Privacy + Cybersecurity Insider - August 2021

Robinson & Cole LLP on 8/6/2021

CYBERSECURITY - Extortion Doesn’t Work for EA Sports Hackers - According to The Record, Electronic Arts Sports (EA) was the victim of a cyber hacking in June, when hackers posted on an underground hacking forum that they...more

Extortion Doesn’t Work for EA Sports Hackers

Robinson+Cole Data Privacy + Security Insider on 8/6/2021

According to The Record, Electronic Arts Sports (EA) was the victim of a cyber hacking in June, when hackers posted on an underground hacking forum that they were in possession of EA data seeking a sale price of $28 million....more

Uber Criminal Complaint Raises the Stakes for Breach Response

McDermott Will & Emery on 9/1/2020

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

Data Privacy + Cybersecurity Insider - February 2020 #3

Robinson & Cole LLP on 2/25/2020

Natural Gas Compressor Facility Shut Down After Ransomware Attack - The Department of Homeland Security (DHS) announced this week that a ransomware attack shut down a natural gas compressor facility for two days. While in...more

Fueling the Fire: How Extortion Has Changed the Face of Data Breaches

Mitchell, Williams, Selig, Gates & Woodyard,... on 2/19/2020

Ransomware attackers typically encrypt victims’ data and demand ransom in exchange for the decryption keys. Ransomware is not a new cybercriminal activity. In fact, ransomware attacks are over 30 years old. However, around...more

Data Privacy + Cybersecurity Insider - June 2019

Robinson & Cole LLP on 6/7/2019

Vicious malware continues to be deployed by China-based attackers. A new strain of malware, dubbed “HiddenWasp,” which has the ability to remotely infect computers, has been discovered by a security researcher at Intezar. The...more

Purchasing Cyber Insurance? Important Considerations from the Recent Nossaman/ UCI Cyber Symposium

Nossaman LLP on 10/26/2015

On October 12, 2015, Nossaman and UC Irvine hosted a Cyber Symposium at the City Club in Los Angeles. The event included four panels of Nossaman lawyers, UCI professors, and private professionals who are experts in the areas...more

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