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Join the Cybersecurity and Incident Response Group on LinkedInKeeping Data-Breach Reports Confidential After Capital One
When U.S. Magistrate Judge John Anderson ordered[1] Capital One Financial Corp. to turn over a post-breach digital forensics report to the consumer plaintiffs in the multidistrict litigation relating to the bank’s July 29, 2019, data breach,[2] the decision sent shock waves through the community of legal and forensic firms that help companies respond to cyberattacks. […]
How hackers extorted $1.14m from University of California, San Francisco – BBC News
A leading medical-research institution working on a cure for Covid-19 has admitted it paid hackers a $1.14m (£910,000) ransom after a covert negotiation witnessed by BBC News. The Netwalker criminal gang attacked University of California San Francisco (UCSF) on 1 June. via How hackers extorted $1.14m from University of California, San Francisco – BBC News.
Two Senior Commercial Cyber Leaders Join Booz Allen | Business Wire
Booz Allen Hamilton (NYSE: BAH) today announced that Kevin Richards, former global head of cyber risk consulting for global insurance broker Marsh, and Tony Sharp, a former vice president of information security at FedEx, have joined Booz Allen as leaders in the firm’s Commercial business. via Two Senior Commercial Cyber Leaders Join Booz Allen | […]
A New CCPA Data Breach Lawsuit Is “Minted” – Lexology
Online stationery and craft company Minted Inc. has been hit with a CCPA class action lawsuit, stemming from a massive data breach the company disclosed in late May. The proposed class action lawsuit, filed in a California federal court, claims that Minted Inc. failed to implement “reasonable security measures” and to properly encrypt certain personal […]
Norton Rose Fulbright enhances data protection, privacy and cybersecurity practice with new Houston partner
Global law firm Norton Rose Fulbright today announced that Will Daugherty, a data protection, privacy and cybersecurity lawyer with a focus on risk mitigation, incident response and compliance, has joined as a partner in its Houston office. Previously a partner with BakerHostetler, Daugherty counsels clients on all aspects of preparing for and responding to data […]
James A. Dawson Named Special Agent in Charge of the Criminal and Cyber Division of the Washington Field Office — FBI
Director Christopher Wray has named James A. Dawson as the special agent in charge of the Criminal and Cyber Division of the Washington Field Office. Mr. Dawson most recently served as the special agent in charge of the Mission Services Division in the same office. Mr. Dawson joined the FBI as a special agent in […]
COVID-19 and D&O Insurance: The Latest Update | The D&O Diary
A lot has happened since early March, when I first wrote about the possibility that the coronavirus outbreak could lead to D&O claims. At that time, there were only 43 confirmed cases of COVID-19 in the United States and six deaths. Now, three months later, there have been over 2 million confirmed cases in the […]
Here’s what that Capital One court decision means for corporate cybersecurity
The judge’s ruling essentially functions as a reprimand of the way many incident response firms now interact with their clients, according to Edward McNicholas, co-leader of the privacy and cybersecurity practice at Ropes & Gray. If a security company consistently is selling a client other services while working on retainer, and the differences aren’t clear […]
Human Capital: John Reed Stark Identifies Lurking Cybersecurity Risks | ThinkAdvisor
Listen in as Stark details why the cybersecurity challenges are exacerbated by the COVID-19 work-from-home environment, with ransomware attacks, phishing and business email schemes also on the rise. “There are legions of soldiers waking up every morning with the sole desire to attack U.S. systems and exfiltrate important data,” Stark says. via Human Capital: John […]
Data Breach Forensic Reports: Keeping A Grail Document Confidential | LinkedIn
Imagine that you have a history of heart disease in your family, so you hire a cardiologist each quarter to supervise various testing and to discuss the best exercise, diet and other steps to stay healthy. Naturally, the relationship with your cardiologist grows in familiarity, importance and confidence. Now imagine that you suddenly suffer a […]
New cyber threat takes top spot as number one cause of loss | Insurance Business
The key selling point for cyber insurance has evolved over recent years as cyberattacks have become more prominent. Several years ago, cyber insurance was important because of data breach concerns and protecting organizations’ liability if private data was exposed. Today, the focus is on the potentially huge losses stemming from cybercrime. In fact, over the […]
In-House Data Privacy, Cybersecurity Lawyers Are in High Demand, With Little Competition | Legaltech News
Despite GC appointments bouncing back after a dismal April, high-profile in-house legal department cuts may leave some in-house attorneys uneasy. However, lawyers with a data privacy or cybersecurity background should take some solace in the growing in-house need for attorneys with their experience. As all companies’ risk expands with the enactment of new privacy regulations, […]
Data Breach Report in Capitol One Litigation Not Privileged | 2020-06-05 | Security Magazine
On May 26, the District Court found in the In Re: Capital One Consumer Data Security Breach Litigation, MDL No. 1:19md2915 (AJT/JFA)(ED VA) that a report prepared by Mandiant concerning the Capital One data breach (Breach Report) was not protected by the work product privilege and must be turned over to Plaintiffs. via Data Breach Report in Capitol One […]
California AG Submits CCPA Regulations for Final Approval, Paving the Way Toward Enforcement – Lewis Brisbois Bisgaard & Smith LLP
On Monday, June 1, 2020, the California Attorney General’s Office announced that it had submitted the final version of its proposed regulations under the California Consumer Privacy Act (CCPA) to the California Office of Administrative Law (OAL) for review and approval. via California AG Submits CCPA Regulations for Final Approval, Paving the Way Toward Enforcement […]
Ransomware Is Growing More Pernicious; It’s High Time Your Defenses Evolve : Risk & Insurance
One of the key takeaways from the inaugural meeting was the emergence of the Maze variant and a “new normal” of data exfiltration, often including stolen private customer information. Whereas previous generations of ransomware have been designed by threat actors to encrypt data and extort an organization for Bitcoin in exchange for the decryption key, […]