Steve Ragan reports that Bitdefender has figured out how to decrypt files and backups encrypted by Linux.Encoder.1, the latest ransomware causing havoc for sites. …. Exploiting this fundamental weakness, Bitdefender released a tool that will automatically decrypt any files on a victim’s system that were targeted. The tool and instructions are available on Bitdefender’s post, the…
Category: Commentaries and Analyses
Standing in Data Breach Cases: A Review of Recent Trends
Robert D. Fram, Simon J. Frankel and Amanda C. Lynch of Covington & Burling write: For most substantial companies, it is said, experiencing a data breach is not a matter of “if,” but “when.” Particularly when a company is consumer-facing, any publicized data breach is likely to be followed by consumer class action lawsuits. For…
A Closer Look at CISA’s Cybersecurity Information-Sharing Provisions
David Fagan, Ashden Fein and David Bender write: As we reported on October 27, the U.S. Senate passed the Cybersecurity Information Sharing Act (“CISA,” S. 754). If enacted into law, CISA would, among other things, establish a voluntary framework for the sharing of cybersecurity threat information between and among the federal government and private entities. CISA must…
We’ve Never Seen a Stolen Credit Card Market as Slick as This
Joseph Cox reports: Buying stolen credit cards can be a fairly drab affair. Apart from the obnoxious flashing banner ads strewn across the top of many fraud and criminal websites, often there’s not much going for them when it comes to presentation. But one site changes all of that completely. Called “Central Shop,” the site…
If the ransomware doesn’t get you, the DDoS might (UPDATE4)
Extortionists are busier than ever. This past week saw more reports on ransomware that corrupts files even if you pay the ransom, and DDoS attacks so powerful that usual defenses may be inadequate. Brian Krebs reports: One of the more common and destructive computer crimes to emerge over the past few years involves ransomware — malicious code that…
Challenging FTC Regulation of Cyber-security After FTC v. Wyndham
Gerald J. Ferguson and of Alan L. Friel of Baker & Hostetler write: The Third Circuit interlocutory decision in Federal Trade Commission v. Wyndham Worldwide Corporation was widely reported as a big win for the Federal Trade Commission (“FTC”). But on closer examination, it was a split decision in which Wyndham Worldwide Corporation (“Wyndham”) can claim an…