On October 1, 2024, the Department of Justice (“DOJ”) unsealed an indictment against Aleksandr Viktorovich Ryzhenkov (Александр Викторович Рыженков), a member of the ransomware group Evil Corp. The indictment charges Ryzhenkov with several violations of the Computer Fraud & Abuse Act, as well as conspiring to commit money laundering, arising from his use of a […]
Board Governance & Cyber Risk Management
Ransomware Activity Trends in Q2 2024
Ransomware attacks are hitting record highs in 2024 and show no sign of slowing down as new criminal groups enter the scene and employ a variety of evolving tactics. This post identifies key highlights of ransomware activity in 2024 so far. Multiple recent security reports have reported a significant increase in ransomware attacks claimed by […]
Department of Justice Intervenes in Cybersecurity Qui Tam Action Against Georgia Tech
On Thursday, August 22, 2024, the United States Department of Justice (“DOJ”) filed a Complaint-In-Intervention in the case of United States of America ex rel. Christopher Craig and Kyle Koza, v. Georgia Tech Research Corp. and Board of Regents of the University System of Georgia (d/b/a the Georgia Institute of Technology) (United States v. Georgia […]
New York Attorney General Investigates Companies for Website Tags, Publishes Guidelines on Online Tracking Technologies
On July 30, 2024, the New York Attorney General Letitia James announced she had completed an investigation into the tracking technology practices of popular websites, and used this to create website privacy guides on online tracking for New York businesses and consumers. These consist of a “Business Guide” and a “Consumer Guide.” The Business Guide […]
DOJ Continues to Investigate and Prosecute North Korean IT Worker Fraud Scheme
On Thursday, August 8, 2024, the United States Department of Justice (“DOJ”) announced that it had charged a Nashville man for his alleged role in assisting the Democratic People’s Republic of Korea (“DPRK” or “North Korea”) with a scheme designed to funnel money from legitimate U.S. based businesses through fraudulently hired remote IT workers. The […]