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Kim Peretti

National Cyber Security Centre Forecasts Upcoming Cyber Threats with AI Use for Attacks

January 26, 2024 By Kim Peretti and Alysa Austin

On January 24, 2024, the U.K.’s National Cyber Security Centre (NCSC) released a new report, The near-term impact of AI on the cyber threat, detailing how Artificial Intelligence (AI) will impact the effectiveness of cyber operations for 2025 and beyond. According to the report, threat actors are already using AI in cyber attacks and the […]

Filed Under: AI, Artificial Intelligence, Cyber Espionage, Cyber Risk, Cybercrime, Cybersecurity, Digital Crimes, Ransomware

NYDFS Releases Industry Letter on the Use of Self-Service Password Reset Feature

January 23, 2024 By Kim Peretti, Kate Hanniford, Lance Taubin, Ashley Miller and Colton Jackson

On January 12, 2024, the New York State Department of Financial Services (“NYDFS”) released a new Industry Letter on the use of self-service password reset (“SSPR”) services, which enable users to reset their own password without the assistance of help desk or IT professionals. The Industry Letter discusses the risks associated with the use of […]

Filed Under: Cyber Risk, Cybercrime, Cybersecurity, Digital Crimes Tagged With: Cybersecurity, SSPR

NY AG’s Office Announces Significant Cybersecurity Settlement with Healthcare Company

January 16, 2024 By Kim Peretti, Alysa Austin and Andrew Rice

On January 5, 2024, the New York Attorney General’s Office (“NY AG”) announced a settlement with Refuah Health Center, Inc. (“Refuah”) based on the company’s alleged failures to appropriately safeguard its patients’ information, including failing to encrypt patient information or use multifactor authentication, which allegedly resulted in a May 2021 ransomware attack that impacted approximately […]

Filed Under: Cyber Risk, Cybersecurity, Data Protection, Data Security, Security Breach

FBI Develops Decryption Tool to Combat Blackcat Ransomware

January 3, 2024 By Kim Peretti

On December 19, 2023, the Justice Department (“DOJ”) announced a disruption campaign against the Blackcat ransomware group.  In the same press release, they also stated that the Federal Bureau of Investigation (“FBI”) had developed a decryption tool to combat ALPHV/Blackcat’s ransomware variant.  Over the last couple of years, Blackcat’s ransomware has risen in popularity and […]

Filed Under: Cybercrime, Cybersecurity, Ransomware

FCC Plans to Update Data Breach Notification Rules

December 12, 2023 By Kim Peretti and Lance Taubin

After a decade and a half under the current data breach notification rules for telecommunications carriers and telecommunications relay services (TRS) providers, the FCC recently unveiled plans to update and expand them. On November 22, 2023, the FCC issued a Report and Order that it intends to consider at its December 13th meeting that would […]

Filed Under: Data Breach, Regulation, Security Breach Tagged With: Data Breach Notification, Federal Communications Commission (FCC), Regulations

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