News & Analysis as of

Ransomware Hackers

Alston & Bird

New Joint CISA – FBI – DC3 Guidance Advises On Ransomware Threats Linked to Iran-Backed Hackers: What Enterprises Need to Know

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A recent joint advisory from the Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI) and the Department of Defense Cyber Crime Center (DC3) warns of increased collaboration...more

Houston Harbaugh, P.C.

Legal Issues With Blockchains, Cryptocurrency Transactions, and Risks of Loss: Understand Your Contract

Houston Harbaugh, P.C. on

The widespread and debilitating impacts of the recent faulty Crowdstrike® software update has caused businesses to evaluate processes and examine potential claims and defenses related to the deleterious commercial impacts of...more

Baker Botts L.L.P.

'Ransom Cartel' Leader Indicted: A Reminder of Cybercrime’s Growing Reach

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The recent indictment of Maksim Silnikau, a Belarusian and Ukrainian national, is a clear reminder that cybercriminals are becoming more sophisticated and bold....more

BakerHostetler

Deeper Dive: Understanding the 2023-24 Crypto Threat Landscape

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As the Web3 and digital assets ecosystem continues to grow, hacks, scams and other threats remain a major cause for concern and a potential impediment to broader adoption. Data from various sources indicates that after a year...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

Rivkin Radler LLP

OCR Announces Third Ransomware Settlement as Threats Continue to Rise

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On July 1, the U.S. Department of Health and Human Services’ Office for Civil Rights (OCR) announced that Heritage Valley Health System, a provider in Pennsylvania, Ohio and West Virginia, agreed to pay $950,000 to resolve...more

Health Care Compliance Association (HCCA)

Privacy Briefs: July 2024

Pennsylvania-based Geisinger Health System said it experienced a breach impacting more than 1.27 million patients when a former employee of vendor Nuance Communications Inc., a Microsoft Corp. subsidiary, accessed patient...more

Kohrman Jackson & Krantz LLP

Lessons Learned from Cleveland City Hall Cyber Attack

June 2024, Cleveland City Hall shut down due to what it initially described as a “cyber incident,” which was later explained as a ransomware attack. Many of the functions provided by City Hall stopped or significantly slowed,...more

Dentons

Ep. 19 - What to Do When Your Business Associate Suffers a Ransomware Attack

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The healthcare industry remains a popular target for ransomware attacks. If you haven’t been impacted by a ransomware attack, it’s likely only a matter of time before someone you do business with or buy services from is...more

HaystackID

Santander Faces Major Cyber Attack Compromising Millions of Customers’ Data

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In May, Santander Bank faced a significant cybersecurity breach that affected millions of its customers and employees worldwide. The hacking group ShinyHunters claimed responsibility for the attack, which also targeted...more

Mandelbaum Barrett PC

Paging Cybersecurity: Healthcare Providers Need to Make a “Change” to Protect Themselves, and Their Patients, Against Cyberattacks

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In February 2024, the healthcare industry was rattled by a significant cyberattack targeting Change Healthcare (“Change”), a subsidiary of UnitedHealth Group, one of the largest health insurance companies in the world. The...more

Sands Anderson PC

Ransomware Increasingly Targets Medical Providers

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Ransomware continues to make headlines in the data security world, and with good reason.  A report issued earlier this year by the Director of National Intelligence highlighted the continued surge in ransomware attacks in the...more

Alston & Bird

LockBit Takedown Indicates Shifting DOJ Cyber Strategy and Has Implications for Ransomware Victims

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On May 7, 2024, the United States unsealed an indictment against Dmitry Yuryevich Khoroshev, one of the leaders of the Russian-based ransomware group LockBit, for his alleged involvement in developing and distributing the...more

NAVEX

Immediate vs. Slow Burn Risks: A Balanced Cybersecurity Strategy

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The consequences of a cyberattack can be catastrophic, as we saw in the previous blog of this series. Cybersecurity is a business-wide responsibility that demands a proactive strategy extending far beyond technical solutions...more

Nelson Hardiman, LLP

Hacking and Healing: Nation-States, Cyber Attacks, and Healthcare Law

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Modern warfare is no longer restricted to physical battlefields and professional military. Countries like North Korea and Russia have few qualms about using cyberspace to reach well beyond their physical borders to target...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

Polsinelli

Critical Infrastructure Cybersecurity – Evolving Incident Response Obligations, Integral to Effective Risk Management

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Just over a year ago, the White House issued its long-awaited National Cybersecurity Strategy, with an emphasis on defending Critical Infrastructure, promoting public and private collaboration, and safeguarding...more

Health Care Compliance Association (HCCA)

Hackers Increasingly Leveraging Threats to Patients to Pressure Health Organizations to Pay Ransom

Cyberhackers—potentially frustrated by their limited ability to extort ransom from health care entities in attacks—have started extorting the patients themselves, threatening them with the release of information or...more

Hogan Lovells

CL0P ransomware gang is on the rise

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CL0P is adopting “quadruple extortion” tactics. If your organization has received a ransomware demand, CL0P may be a familiar name. In 2023, CL0P was the third most prolific ransomware gang, after Lockbit and ALPHV....more

Robinson+Cole Data Privacy + Security Insider

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 because a word was misspelled or the context didn’t make sense. Now, with the help of...more

McDermott Will & Emery

Preparing for Evolving Cybersecurity Threats

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The recent ransomware attack against the Duvel Moortgat Brewery demonstrated the very real risk that cybersecurity incidents pose to the alcohol industry, reportedly halting operations for several days at four of Duvel...more

Kohrman Jackson & Krantz LLP

You’ve Been Hacked. Who You Gonna Call?

Your company was hacked. You feel panic, embarrassment, anger, fear and confusion. But you must act quickly, logically and decisively to stop the bleeding and protect your business, your customers and your employees. The good...more

Dinsmore & Shohl LLP

Still on Top: Cybersecurity Incidents Ranked #1 Global Business Threat in 2024

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Regardless of an organization's scale, cyberattacks and other cybersecurity incidents, such as data loss or merchant/vendor incidents, pose a significant threat to businesses globally. A quick search online easily identifies...more

Hogan Lovells

National Crime Agency disrupts LockBit’s enterprise

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The National Crime Agency fought back against Lockbit this week, affecting the groups administrative environment. Coordinating with the FBI and international partners, the National Crime Agency (NCA) took control of...more

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