Alston & Bird Privacy Blog

Treasury Announces Sanctions Against Cybercriminal Group Behind ‘Dridex’ Malware, Offering Mitigation Strategies for Businesses

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On December 5, 2019, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) issued sanctions against Evil Corp, a Russian cybercriminal organization that is known for distributing the Dridex malware. Dridex is a banking trojan that has been used to target financial institutions across the globe and has resulted in more than $100 million in theft. The same day, the Department of Justice announced the unsealing of criminal charges against two Russian individuals associated with … [Read more] about Treasury Announces Sanctions Against Cybercriminal Group Behind ‘Dridex’ Malware, Offering Mitigation Strategies for Businesses

Critical Audit Matters Disclosure Implicates Information Technology and Security

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As independent auditors to public companies and business development companies begin to make required disclosure of Critical Audit Matters (CAMs) to the audit committee, such reports are beginning to include discussion of information security … [Read more] about Critical Audit Matters Disclosure Implicates Information Technology and Security

SHIELD Act Overhauls New York’s Data Breach Notification Framework

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On October 23, 2019, New York’s new breach notification provisions came into effect, a result of New York’s passage of the Stop Hacks and Improve Electronic Data Security Act (SHIELD Act) in July. That Act overhauled New York’s data privacy … [Read more] about SHIELD Act Overhauls New York’s Data Breach Notification Framework

Alston & Bird Details 21 Potentially Significant Impacts from Draft CCPA Regulations

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  Late last week, the Californa Attorney General published much-anticipated proposed Regulations under the California Consumer Privacy Act (“CCPA”). The Regulations are extensive and contain a number of potentially material business … [Read more] about Alston & Bird Details 21 Potentially Significant Impacts from Draft CCPA Regulations