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Cyber Risk

Recent Exploits of Blockchain Bridges Highlight Need for Cybersecurity in Crypto and Risk of Liability

August 2, 2022 By Kim Peretti and Kristen Bartolotta

According to recent media reports there have been several instances of blockchain bridges being hacked this year, including reports on August 2 that a bridge lost close to $200 million to upwards of 40 hackers who exploited a bug in its protocol, and reports in June that another bridge lost $100 million from hackers allegedly […]

Filed Under: Crypto, Cyber Risk, Cybercrime, Cybersecurity, Digital Crimes, International, Uncategorized Tagged With: blockchain, crypto, cryptocurrency, cybersecurity, Litigation

Germany’s Cyber Threat Landscape – Top 3 Lessons from the BKA Situation Report

August 1, 2022 By Daniel Felz

Germany boasts one of the world’s largest, most sophisticated, and international economies. Companies doing business in Germany are thus an increasingly relevant target for cyberattacks. Germany‘s Federal Criminal Police Office (Bundeskriminalamt or BKA) is the federal law enforcement agency charged with investigating cybercrime, and for coordinating federal-state cooperation in cybercrime matters.  The BKA recently published […]

Filed Under: Cyber Risk, Cybercrime, Cybersecurity, Data Security, Germany, Ransomware, Supply Chain, Uncategorized Tagged With: Cross-border, cybersecurity, Germany, ransomware

Recent Updates in Two Closely-Watched Cybersecurity and Privacy-Related Securities Fraud Class Actions

April 4, 2022 By Oyinkan Muraina, Sierra Shear and Cara Peterman

Observers have been awaiting decisions in a number of cybersecurity and privacy securities fraud class actions with potentially important implications for corporate liability.  Over the last several weeks, critical developments emerged in two such cases: the defendants’ motion to dismiss was granted in part and denied in part in In re Zoom Securities Litigation, and […]

Filed Under: Cyber Risk, Cybersecurity, Data Breach, Data Breach Litigation, Data Protection, Data Security, Online Privacy

White House Releases Recommendations to Protect Against Potential Cyberattacks

March 22, 2022 By Amy Mushahwar and Kristen Bartolotta

The potential for malicious cyber activity has been a concern for the Biden administration throughout the evolving crisis in Ukraine (including the imposition of sanctions against Russia). In response to the concern, the Biden administration, which is now facing “evolving intelligence that Russia may be exploring options for potential cyberattacks,” has released recommendations for companies […]

Filed Under: Cyber Risk, Cybercrime, Cybersecurity, Data Security, Digital Crimes, Ransomware, Russia, Uncategorized Tagged With: cybersecurity, Cybersecurity Executive Order, Data Protection, ransomware, The White House

SEC Proposed Rule Will Require Private Funds to Report Certain Cyber Events

January 31, 2022 By Kate Hanniford and Alysa Austin

On January 26, 2022, the U.S. Securities and Exchange Commission (SEC) proposed new rules to enhance hedge fund and private fund disclosure requirements and increase regulators’ visibility into the private funds industry. The proposed rules would amend the SEC’s Form PF, the confidential reporting form by which private funds disclose regulatory assets to the SEC, […]

Filed Under: Cyber Risk, Cybersecurity, Enforcement Tagged With: cybersecurity, Notice of Proposed Rulemaking, SEC

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Recent Posts

  • Recent Exploits of Blockchain Bridges Highlight Need for Cybersecurity in Crypto and Risk of Liability
  • Germany’s Cyber Threat Landscape – Top 3 Lessons from the BKA Situation Report
  • CPPA Board Opposes American Data Privacy and Protection Act
  • SEC Settles Enforcement Actions with Broker-Dealers and Investment Advisors for Identity Protection Deficiencies
  • UK Information Commissioner’s Office Issues Warning on Ransomware Payments
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