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Kim Peretti

President Biden Issues Executive Order Directing Coordinated Federal Approach to Digital Assets

March 9, 2022 By Kim Peretti, Kate Hanniford and Kristen Bartolotta

As a result of the rise in digital assets, President Biden signed an Executive Order on March 9, 2022 ordering a review of the nation’s approach to cryptocurrency. The Executive Order on Ensuring Responsible Development of Digital Assets (the “Order”) contains both broad policy objectives and specific analysis to be conducted by the federal government. […]

Filed Under: Crypto, Cybercrime, Digital Crimes, National Security, Russia, Virtual Currency Tagged With: Cryptocurrency, Cybersecurity, Cybersecurity Executive Order, Digital Asset, The White House

Senate Passes Significant Cyber Bill Requiring Cyber Incident Reporting

March 3, 2022 By Kim Peretti and Kristen Bartolotta

The Strengthening American Cybersecurity Act of 2022, a bill that narrowly failed to become law last year, was passed in the Senate on Tuesday, March 1 as a package of cybersecurity measures that would require operators of critical infrastructure and federal civilian agencies to report cyber incidents to the Department of Homeland Security’s Cybersecurity and […]

Filed Under: Cybersecurity, Data Breach, Data Protection, Data Security, Legislation, National Security, Ransomware, Regulation Tagged With: Cybersecurity, Data Breach Notification, Data Protection, Ransomware, Senate, US Congress

US, UK, and Australia Issue Joint Cybersecurity Advisory on Ransomware Threat to Critical Infrastructure

February 18, 2022 By Kim Peretti and Kristen Bartolotta

On February 9, 2022 the United States, United Kingdom, and Australia issued a joint Cybersecurity Advisory on the “Increased Globalized Threat of Ransomware” against critical infrastructure sectors (“Advisory”).  The Advisory lists trends in cyber-criminal activity from the last year and also provides mitigation strategies and recommendations to reduce the risk of compromise and the impact […]

Filed Under: Uncategorized

Incomplete Cybersecurity Compliance Disclosures May Support Fraud Claim Under the False Claims Act, Federal Court Holds

February 7, 2022 By Kim Peretti

At the heels of a recent Civil Cyber-Fraud Initiative related to cybersecurity practices and the False Claims Act (FCA), a cybersecurity-related FCA case has survived a motion for summary judgment, teeing up a trial to determine if the defendants’ cybersecurity compliance disclosures were materially incomplete and if any misstatements were knowingly made. On February 1, […]

Filed Under: Cybersecurity, Data Protection, Data Security, FCA Tagged With: Compliance, Cybersecurity, Data Protection, False Claims Act

Russia Arrests Suspected Members of REvil Ransomware Gang

January 19, 2022 By Kim Peretti and Privacy, Cyber & Data Strategy Team

Russia’s Federal Security Service (“FSB”) issued a press release on January 14, 2022 claiming that it dismantled the REvil ransomware gang by arresting 14 suspected members and seizing computer equipment, luxury vehicles, bitcoin, and fiat currency valued at over $1 million. REvil is a notorious cybercriminal organization that claimed responsibility for a ransomware attack last […]

Filed Under: Cybercrime, Enforcement, International, Russia Tagged With: Cross-border, Enforcement, Ransomware, Russia

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