News & Analysis as of

Scams Ransomware

DLA Piper

Australia: Anti-Scam Measures and Ransomware Reporting on the Agenda

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Cyber regulation is changing in Australia. As governments globally grapple with the everchanging and increasingly challenging cyber landscape, Australia is poised to implement new laws and update existing regulation in order...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

Guidepost Solutions LLC

FCC Bans AI Voices in Robocalls, Yet Deep Fake Scams Persist

On February 8, 2024, the Federal Communications Commission outlawed AI-generated voices in robocalls and with the upcoming Presidential election in the United States, it is easy to see why. Imagine the implications if “leaked...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2024 #3

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CYBERSECURITY - HC3 Warns Healthcare Organizations about Akira Ransomware Group - The Health Sector Cybersecurity Coordination Center (HC3) recently warned the health care sector about the Akira ransomware group that...more

ASKramer Law

Digital Asset Theft Loss Deductions are More Complicated Than You Think

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Taxpayers can take a tax deduction with respect to “theft” losses that result from an illegal “taking of property” done with criminal intent. Among various other types of criminal activities, fraud is treated as theft under...more

BakerHostetler

DSIR Deeper Dive: 2023 Crypto Threat Landscape

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Following one of the most turbulent years in crypto history, 2023, in contrast, unfolded as a year of reprieve, including from crypto threats. According to a July 12, 2023, report from blockchain analytics firm Chainalysis,...more

Kohrman Jackson & Krantz LLP

Sextortion, Deepfakes, and AI Scams: How to Protect Children from Cyberattacks

Cyberattacks are a growing threat, with children being among the most vulnerable of targets. The internet serves as a platform for criminals to access children under the guise of anonymity...more

Ervin Cohen & Jessup LLP

Companies That Pay Hackers May Be Able to Recoup Their Losses

Where companies are victimized by ransomware or email scams, their losses arise from payments made by an officer or employee of the company. In the case of ransomware, a company’s files are held hostage pending payment...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - April 2022 #4

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CYBERSECURITY - Intelligence Points to Likely Russian Attacks on Critical Infrastructure - The cybersecurity authorities of the United States (including CISA, FBI, NSA and DOE), Australia, Canada, New Zealand, and the...more

Robinson+Cole Data Privacy + Security Insider

Phishing, Vishing, and Smishing—Your Employees Need to Know the Newest Schemes

New dictionary words have been formed to describe online scams. Phishing, one that everyone knows by now, is when a scammer uses a pretext in an email to get someone to click on a link or attachment in the email to deploy...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - July 2020 #2

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CYBERSECURITY - SEC Issues Warning for Advisors and Broker-Dealers on Increased Ransomware Attacks - On July 10, 2020, the Securities and Exchange Commission (SEC), through its Office of Compliance Inspections and...more

Maynard Nexsen

The IRS’s 2020 “Dirty Dozen” List is Out. Future List of Enforcement and Compliance Priorities Forthcoming

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Every year the IRS compiles a “Dirty Dozen” list of scams and abusive schemes that may impact taxpayers. On July 16, 2020, the IRS released it 2020 Dirty Dozen List, which almost exclusively focuses on the schemes and tactics...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #239 – Hackers Know How to Embarrass You

There have been numerous examples of how hackers can get hold of sensitive and deeply personal information and use it against individuals to embarrass and extort them into sending money or compromising pictures to the hackers...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - April 2020 #3

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Sodinokibi Hackers Switch Payment Mechanism to Monero - The hackers behind the Sodinokibi/REvil ransomware have reportedly switched their demands for payment from Bitcoin or Ethereum to Monero cryptocurrency to try to...more

Miller Canfield

Cyber-Attacks On The Rise: COVID-19 Scams to Watch Out For

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As the COVID-19 pandemic unfolds, we are witnessing countless stories of courageous men and women rising up to face the challenges and obstacles of this crisis. Unfortunately, crisis also presents opportunity for unscrupulous...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - March 2020

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Two Las Vegas casinos’ networks were down over the past week, with posted signs saying “Cash Only” throughout the casinos after a suspected ransomware attack. Electronic slot machines were silent as the casinos reacted to the...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - October 2019

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Consistent with our experience, security firm McAfee has confirmed in a report that ransomware attacks have doubled in 2019. Medical providers have been hit hard this year, and one provider, Wood Ranch Medical, located in...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2018

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Allscripts Healthcare Solutions Inc. notified its electronic medical record customers last week that a ransomware attack was behind the disruption of service for medical providers. ...more

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