Daniel Kapellmann Zafra, Keith Lunden, Nathan Brubaker, and Jeremy Kennelly of FireEye write: Since at least 2017, there has been a significant increase in public disclosures of ransomware incidents impacting industrial production and critical infrastructure organizations. Well-known ransomware families like WannaCry, LockerGoga, MegaCortex, Ryuk, Maze, and now SNAKEHOSE (a.k.a. Snake / Ekans), have cost victims…
Category: Commentaries and Analyses
New York State Expected to Increase Enforcement of Cybersecurity Practices
Peter Marta, Jasmeet Ahuja, and Asmaa Awad-Farid of Hogan Lovells write: Companies should take note of two imminent developments in New York in the area of cybersecurity regulation: enforcement of the New York Department of Financial Services (NYDFS) Cybersecurity Regulation (Regulation) and the effective date of the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act…
Ex-Mossad chief says Likud app leaks as dangerous to Israel as coronavirus
The Times of Israel reports: A former head of the Mossad spy agency sounded the alarm Wednesday about an app operated by Prime Minister Benjamin Netanyahu’s Likud party ahead of next week’s elections, warning that using it was “a real security threat” and likening the level of danger it poses to that of the deadly…
FTC Releases 2019 Privacy and Data Security Update
The Federal Trade Commission today released its annual privacy and security update for 2019, highlighting a record year for enforcement actions aimed at protecting consumer privacy and data security. For example, the Commission levied a $5 billion penalty—the largest consumer privacy penalty ever—against Facebook for violating its 2012 FTC privacy order and imposed new restrictions on the…
Entering the ’20s – A New Era for Data Breach Class Actions?
Paul Karlsgodt, David Carney, Casie Collignon, and Christopher Wiech of BakerHostetler write, in part: …. There remains a dearth of case law surrounding the appropriateness of class certification in litigation arising out of a data breach. The reasons for the lack of authority on the class certification issue include that most data breach cases are…
Anxiety, depression and PTSD: The hidden epidemic of data breaches and cyber crimes
Jessica Guynn reports on the impact of breaches: Mental health professionals say data breaches and other cyber crimes are increasingly taking a heavy psychological toll on the millions of Americans whose personal information is plundered by fraudsters. It’s not just the nightmarish process of clearing your name and credit history or the struggle to get…