Seetha Ramachandran, Nolan Goldberg and Hena M. Vora of Proskauer write: It is increasingly common for Ransomware attacks to be associated with large sophisticated cyber-criminal organizations, with a central entity providing the tools, training, and ability to collect ransoms and sending its “associates” out to cause harm. As long as victims continue to pay ransoms, Ransomware…
Category: Commentaries and Analyses
Hackers at center of sprawling spy campaign turned SolarWinds’ dominance against it
Raphael Satter and Christopher Bing have a somewhat mind-boggling update to the SolarWinds hack – a hack that will be remembered as one of the biggest and most concerning hacks of 2020. And it’s only likely to get worse for SolarWinds, whose stock already dropped significantly. We know that companies can recover from breaches and…
Data Protection Commission announces decision in Twitter inquiry
15th December 2020 The Data Protection Commission (DPC) has today announced a conclusion to a GDPR investigation it conducted into Twitter International Company. The DPC’s investigation commenced in January, 2019 following receipt of a breach notification from Twitter and the DPC has found that Twitter infringed Article 33(1) and 33(5) of the GDPR in terms…
Investigation into Desjardins’ compliance with PIPEDA following a breach of personal information between 2017 and 2019
From the moment it was disclosed, it seemed clear that the Desjardins breach of 2019 that involved a rogue employee was going to cause big trouble for Desjardins. And sure enough, in one day, they were hit with two potential class action lawsuits. Desjardins subsequently announced they were expanding the mitigation services being offered, but…
Most Victim Organizations Suffer Second Intrusion Within a Year
Phil Muncaster reports: Security experts have warned victims of sophisticated cyber-attacks not to think of intrusions as a one-off event, as a majority of organizations end up getting hit again within the year. CrowdStrike compiled an analysis of its own incident response and managed services engagements in 2020, to produce the CrowdStrike Services Cyber Front Lines Report….
NEW CISA Alert: Cyber Actors Target K-12 Distance Learning Education to Cause Disruptions and Steal Data
Alert (AA20-345A) SUMMARY: This Joint Cybersecurity Advisory was coauthored by the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the Multi-State Information Sharing and Analysis Center (MS-ISAC). The FBI, CISA, and MS-ISAC assess malicious cyber actors are targeting kindergarten through twelfth grade (K-12) educational institutions, leading to ransomware attacks, the…