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Risk Management Cyber Crimes Information Technology

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

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

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

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

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

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

Mitratech Holdings, Inc

‘Tis the season for better cyber hygiene: navigating IT risk management in 2024

Mitratech Holdings, Inc on

Prepare your organization to stay one step ahead in the ongoing battle against cyber and IT risk management. As organizations increasingly leverage third-party services and cloud technologies, cybercriminals are becoming...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

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

Robinson+Cole Data Privacy + Security Insider

HC3 Warns Healthcare Organizations of NoEscape Ransomware

On October 12, 2023, the Health Sector Cybersecurity Coordination Center (HC3) issued an Alert to the healthcare industry about a “new threat actor and ransomware,” NoEscape, which is threatening health care organizations....more

Robinson+Cole Data Privacy + Security Insider

CISA + FBI Issue Joint Advisory on AvosLocker Ransomware

The Cybersecurity & Infrastructure Security Agency (CISA) and the Federal Bureau of Investigation (FBI) released a Joint Cybersecurity Advisory on October 11, 2023, urging companies (particularly those in the critical...more

Robinson+Cole Data Privacy + Security Insider

Joint Advisory Warns of Snatch Ransomware

The FBI and CISA issued a Joint Cybersecurity Advisory “#StopRansomware: Snatch Ransomware” on September 20, 2023. The Advisory outlines the indicators of compromise and observed tactics, techniques, and procedures of Snatch...more

Robinson+Cole Data Privacy + Security Insider

FIN7/Carbon Spider Attacks Veeam Backup Servers

Researchers at WithSecure cybersecurity firm have seen two malware attacks against Veeam Backup and Replication servers believed to be initiated by cybercrime group FIN7, also known as Carbon Spider, which has also been...more

Burr & Forman

Hacking the Hive: How It Can Help Businesses

Burr & Forman on

Businesses can breathe a little easier now that one of the world’s top five ransomware networks, the Hive, has been infiltrated and disbanded by the FBI....more

Tenace

Why Cybersecurity Investment Isn’t Optional For Small Businesses

Tenace on

In 2022, the average cost of cybercrime has reached $4.35 million per organization, and the number of data breaches has climbed by 14%. But despite the rising frequency and impact of cyberattacks, many businesses still do not...more

NAVEX

Risk’s Digital Transformation – When IT & Third-Party Risk Reached Main Street

NAVEX on

It wasn’t long ago that the phrase digital transformation conjured the image of a large-enterprise corporate luminary delivering a keynote about the technological metamorphosis of their industry. Digitalization of legacy...more

Porter Hedges LLP

Cybersecurity Risk Management Practices for Small and Midsize Businesses

Porter Hedges LLP on

Cybersecurity is the goliath of tech-related concerns for companies of all sizes, not just large corporations. The Cybersecurity & Infrastructure Security Agency (“CISA”) encourages small and midsize businesses to focus on...more

Robinson+Cole Data Privacy + Security Insider

U.S. Agricultural Machinery Manufacturer Hit with Ransomware Attack

This week, AGCO, a U.S. agricultural machinery manufacturer, suffered a ransomware attack that affected its business operations and shut down its systems. AGCO, headquartered in Duluth, Georgia, designs, produces, and...more

Fenwick & West LLP

To Pay or Not to Pay: Five Critical Approaches to Beating a Ransomware Threat

Fenwick & West LLP on

It’s the call you hope you never get. Your company has been hit with a ransomware attack. Your systems are offline. Your customer data was stolen by an unknown threat actor who is threatening to leak it. You have lots of...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - January 2022 #4

Robinson & Cole LLP on

CYBERSECURITY - CISA Warns “Every Organization” in U.S. to Assess + Respond to Cyber Risks - The Cybersecurity & Infrastructure Security Agency (CISA) recently issued another warning to “every organization” in the...more

Robinson+Cole Data Privacy + Security Insider

CISA Warns “Every Organization” in U.S. to Assess + Respond to Cyber Risks

The Cybersecurity & Infrastructure Security Agency (CISA) recently issued another warning to “every organization” in the U.S. about cybersecurity risks during the ongoing escalation of tension between the U.S. and Russia over...more

Robinson+Cole Data Privacy + Security Insider

China-Based Ransomware Operator Exploiting Log4j Vulnerability

Microsoft has issued frequent updates on the Log4j vulnerability that we have been hearing so much about. The vulnerability is a serious problem that will become more widespread as time goes on....more

Robinson+Cole Data Privacy + Security Insider

FTC Warns Companies of Enforcement for Failing to Patch Log4j Vulnerability

In what I would describe as an unusual but interesting move by the Federal Trade Commission (FTC), on January 4, 2022, it issued a warning to companies “to remediate Log4j security vulnerability” or face an enforcement action...more

Proskauer on Privacy

“Log4Shell” Vulnerability Has Potential to Compromise Millions of Devices

Proskauer on Privacy on

Cybersecurity experts around the world are scrambling to sound the alarm about a newly discovered security vulnerability that could be used by attackers to easily infiltrate computer systems. The vulnerability is found in...more

Robinson+Cole Data Privacy + Security Insider

Rebranded Ransomware Group Sabbath Hitting Hospitals and Schools

Researchers at Mandiant have recently reported that a new ransomware group calling itself Sabbath appears to be the rebranded group Arcane and “picked up their pace” in November....more

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