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A Guide to Law Firm Cybersecurity Risks & Ethical Compliance – Security Boulevard
Law firm cybersecurity is becoming more critical with each passing year. Law firms are frequently targeted by cybercriminals due to the sensitive client information they possess and the international reach that some of them have. The American Bar Association is taking notice. via A Guide to Law Firm Cybersecurity Risks & Ethical Compliance – Security […]
Department of Homeland Security Urges Cybersecurity Staff to ‘Deploy’ to Border Instead
The Department of Homeland Security’s cybersecurity agency—which also works to protect schools and places of worship—is urging staffers tasked with handling cyber threats to set their day jobs aside and go on mini-deployments to the U.S.-Mexico border after an earlier request from headquarters failed to recruit enough officials, according to an email obtained by The […]
Cybersecurity experts warn Baltimore to stop ‘playing’ with ransomware attacks | Fox News
Cybersecurity experts say Baltimore is playing with fire as a deadline to pay thousands of dollars in ransom to hackers holding several of the city’s servers hostage has come and gone. It has been two weeks since a cyberattack crippled Baltimore’s computer network. The internet thieves wanted 13 bitcoins – about $100,000 – at the beginning, […]
Cybersecurity in the “When-Not-If” Era | IoT For All
Risk is about uncertainty. The “When-Not-If” paradigm brings certainty where doubt was previously allowed (or used to manipulate outcomes): Cyber-attacks will happen Sooner or later, regulators will step in They can now impose business-threatening fines around the mishandling of personal data Media interest has never been higher around those matters; business reputation and trust in […]
Japan’s Uniqlo says hackers access data from 460,000 online accounts
Fast Retailing, the Japanese company behind the Uniqlo retail chain, announced Monday that the data of more than 460,000 customers on its online shopping sites were accessed by hackers from April 23 to May 10. In a statement released on its website, Fast Retailing said: “It was confirmed on May 10, 2019 that an unauthorized […]
California Bill to Expand Customer Ability to Sue over Handling of Data Fails
California’s senate blocked a bill on Thursday that would have expanded the ability of consumers to sue companies over their handling of personal data, a win for tech industry groups concerned about wide-ranging privacy lawsuits. via California Bill to Expand Customer Ability to Sue over Handling of Data Fails.
LEGISLATIVE ALERT: MARYLAND AMENDS DATA BREACH NOTIFICATION LAW TO IMPROVE INCIDENT RESPONSE
On April 30, 2019, Maryland enacted an amendment to Maryland’s Personal Information Protection Act (Md. Code Ann. § 14-3504), which becomes effective on October 1, 2019. The amendment was introduced in response to a rise in consumer complaints about identity theft. Reportedly, over one third of all identity theft complaints in Maryland are based on […]
DHS’s ‘cyber incident response teams’ back on Congress’ radar
Congress is again moving to solidify the “cyber incident response teams” at the Department of Homeland Security that work with the private sector in recovering from cyberattacks and other events that affect the nation’s digital infrastructure. The teams were created by the National Cybersecurity and Communications Integration Center (NCCIC) as part of its mission to […]
CrowdStrike, a cybersecurity unicorn, files to go public | TechCrunch
CrowdStrike, yet another multi-billion-dollar Silicon Valley “unicorn,” has filed to go public. The cloud-based cybersecurity platform valued at $3.3 billion in 2018 revealed its IPO prospectus Tuesday afternoon. via CrowdStrike, a cybersecurity unicorn, files to go public | TechCrunch.
Two people indicted for massive Anthem health data breach – Naked Security
The US thinks it knows who’s behind the vast breach that siphoned off 78.8 million customer and employee records from US health insurer Anthem between 2014 and 2015. On Thursday, the Justice Department unsealed an indictment against two people who prosecutors say are part of a sophisticated hacking group, based in China, that was behind […]
Cyber Lessons and #MeToo Risk
Five years ago, when the reality of the cyber security threat began reaching the boardroom and audit and risk committees, only 15 percent of directors felt “very confident” their board oversaw cyber risk adequately. Today, cyber security preparedness and investments are front and center for directors. Increasingly, they are overseeing cyber security as a function […]
Coming Soon to a State Near You: Cybersecurity Regulation | Dickinson, Mackaman, Tyler & Hagen, P.C. – JDSupra
Ever since the New York Department of Financial Services (“NYDFS”) enacted its cybersecurity regulation for financial institutions and related organizations, other states have started to enact cybersecurity regulations of their own. South Carolina became the latest state to enact a version of the National Association of Insurance Commissioners (“NAIC”) model cybersecurity law, which is based […]
Equifax Says Cybersecurity Breach Has Cost $1.4 Billion | 90.1 FM WABE
Equifax, the Atlanta credit bureau, revealed in its earnings release Friday that dealing with its 2017 cybersecurity incident has cost about $1.4 billion plus legal fees. A year and a half ago, the company, which gathers consumers’ credit histories, revealed a massive security breach compromised the personal information of about 150 million people. via Equifax […]
Council Post: Five Tips For Purchasing The Right Cyber Insurance Policy
Cyber insurance is a new concept that can be a bit tricky to navigate when you’re looking to purchase your first policy. For example, you’ll likely have to define a cyber attack and assess the costs associated with things that might not have monetary value (such as damage to your company’s reputation). On top of […]
New SEC Privacy and Cybersecurity Risk Alert Tells Broker Dealers and Investment Advisers Common Deficiencies to Avoid | Publications | Morrison Foerster
The SEC’s new Risk Alert provides valuable insight as to what the OCIE wants to see broker dealers and investment advisers accomplish with their privacy notices and their cybersecurity policies and procedures. The SEC wants this written documentation to be comprehensive, to accurately reflect the registrant’s practices, and to be implemented effectively throughout their business. […]