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Risk Management Cyber Threats

Robinson+Cole Data Privacy + Security Insider

NYDFS Issues Industry Letter on Risks Arising from Artificial Intelligence

On October 16, 2024, the New York Department of Financial Services (DFS) issued an Industry Letter to regulated entities entitled “Cybersecurity Risks Arising from Artificial Intelligence and Strategies to Combat Related...more

Alston & Bird

NYDFS Issues Guidance on Artificial Intelligence-related Cybersecurity Risks

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On October 16, 2024, the New York Department of Financial Services (“NYDFS”) issued an industry letter covering Cybersecurity Risks Arising from Artificial Intelligence and Strategies to Combat Related Risks (the “Industry...more

Integreon

Let's Talk Culture

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Good afternoon! Welcome back to Scaling Greatness, a newsletter from Integreon focusing on amplifying business excellence and innovation....more

DLA Piper

Minimizing AI Risk: Top Points for Compliance Officers

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More than ever, artificial intelligence (AI) is being implemented as a powerful tool to improve our lives and businesses. But with its benefits comes a host of risks – and regulators are homing in on its use as a tool for...more

Rivkin Radler LLP

OCR Imposes $240,000 Penalty in HIPAA Ransomware Investigation

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The U.S. Department of Health and Human Services’ Office for Civil Rights (OCR) imposed a $240,000 civil monetary penalty against Providence Medical Institute in connection with a ransomware attack that revealed...more

DLA Piper

The UK Cybersecurity and Resilience Bill – A Different Approach to NIS2 or a British Sister Act?

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Introduction It wouldn't be much of an exaggeration to say that NIS2 is the acronym on everyone's lips. When coupled with its European sister legislation DORA, we encounter a regulatory twosome that make GDPR feel like...more

Lighthouse

Enhancing Compliance and Security Operations with AI

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Summary: If you're tackling compliance and security challenges in an AI-driven world, this post is essential. Discover how Microsoft Purview and Copilot for Security streamline processes, enhance security, and boost...more

EDRM - Electronic Discovery Reference Model

[Webinar] Data Risk & Resilience Part III - Digital Forensics in your Incident Response Plan - September 19th, 1:00 pm - 2:00 pm...

Data Resilience Masterclass: Navigating the Risks of the Digital Age - Data Risk and Resilience is a critical topic for modern businesses, especially within industries that handle vast amounts of sensitive information....more

J.S. Held

Strategies to Avoid Cyber Insurance Claim Challenges: Part I

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Cyber risk is now a normal part of our personal and professional lives. When companies suffer a cyber incident, they often look to their insurance policy for coverage to help mitigate the financial exposure. Additional...more

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

Robinson+Cole Data Privacy + Security Insider

CISA, FBI + DC3 Alert Warns of Iran-Based Ransomware Attacks

The Cybersecurity & Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI), and the Department of Defense Cyber Crime Center (DC3) issued a joint alert on August 28, 2024, warning U.S.-based...more

Alston & Bird

United States Cybersecurity and Infrastructure Security Agency Issues Joint International Guidance for Event Logging and Threat...

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On August 21, 2024, the United States Cybersecurity and Infrastructure Security agency, alongside government agencies in key global allies, including Australia, the UK, Canada, and Japan, released guidance on event logging...more

Woodruff Sawyer

Running to Stand Still: Practical Cybersecurity Governance Considerations for Boards and Management Teams

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It’s obvious that strong cybersecurity governance should help to reduce a company’s risk of succumbing to a cybersecurity incident or being significantly impacted should one materialize. One major challenge: determining what...more

Troutman Pepper

SEC Issues Additional Guidance Regarding Cybersecurity Incident Disclosure

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On June 24, the staff of the U.S. Securities and Exchange Commission's (SEC) Division of Corporation Finance (Division of Corporation Finance) released five new Compliance & Disclosure Interpretations (C&DIs) relating to the...more

EDRM - Electronic Discovery Reference Model

What Everyone Gets Wrong About Inherent Risk, and Why it Really Matters

Defining the role of inherent risk in cybersecurity - Inherent risk is a concept that while fundamental to cybersecurity, has largely been disregarded by popular cybersecurity risk guidelines and standards and remains arcane...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #405 – Compromised Passwords Continue to Provide Easy Opportunities for Threat Actors

Verizon’s 2024 Data Breach Report, a must-read publication, was published on May 1, 2024. The report indicates that “Over the past 10 years, the use of stolen credentials has appeared in almost one-third (31%) of all...more

NAVEX

The State of Cybersecurity for Small and Medium Businesses

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Fragile or volatile supply chains, increases in regulatory obligations and enforcement, natural disasters, inflation, political turmoil – all complicated issues for any business to navigate. Among the myriad business...more

Alston & Bird

New York State Department of Health Revises Proposed Hospital Cybersecurity Regulations

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In May 2024, the New York State Department of Health (“NYSDOH”) issued revisions to proposed regulations on hospital cybersecurity that it first released in November 2023. The proposed revised regulations are subject to...more

Ankura

Proactive Defense: A Step-by-Step Guide To Assessing Your Organization's Cyber Risk

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In the continuously evolving landscape of cyber threats, organizations must be proactive in identifying and mitigating potential risks to their digital assets and operations. A critical step in building cyber resilience is...more

Baker Donelson

Medical Records Scams: What You Need to Know

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In today's digital age, the health care industry faces a growing threat from scammers who don't have to use sophisticated cyberattacks; they can use the most routine task to steal information from unwitting and...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

Ogletree, Deakins, Nash, Smoak & Stewart,...

The EU’s NIS2 Directive: Covered Entities, Compliance Monitoring, Risk Management, Incident Reporting, and Penalties

In response to the increasing number of cyberattacks and the acceleration of digital transformation across sectors, the European Union has revised and improved its Network and Information Security (NIS) Directive. The...more

Robinson+Cole Data Privacy + Security Insider

Proofpoint Survey Outlines Challenges for CISOs

Since I hang out with a lot of CISOs, and understand their pain points, I urge readers to send a “thank you” and “you are the best” message to their CISO. You can’t imagine the pressure and stress they are under to try to...more

Epiq

The Rising Threat of Cyber Incidents

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In today’s digital world, cyber incidents pose a significant risk to businesses of all sizes. From data breaches to ransomware attacks, organisations face a barrage of threats and unfortunately, the discussion has moved from...more

Mayer Brown

Investing in or Acquiring a Digital Assets Business? Watch Where You Step – Maximizing Value and Managing Risk in Digital Assets...

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As applications and use cases for digital assets and their blockchain infrastructure grow and become more sophisticated, investments and valuations for businesses in these areas have grown as well. The growing number of...more

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