The National Retail Federation featured a three-part series, “Talking Tactics,” that examined cybercrime in retail and how the industry is responding. Kim Peretti, co-chair of Alston & Bird’s Security Incident Management & Response Team and a former U.S. Department of Justice senior litigator, says mitigation planning amounts to corporate governance. “There need to be people who […]
Cyber Risk
Data Protection Commissioners Adopt Resolution on International Cooperation
On October 14, the International Data Protection and Privacy Commissioners’ (“IDPPC”) conference adopted a resolution calling for increased enforcement cooperation among international data protection authorities. Data protection authorities from around the world participated in the IDPCC conference, including representatives from Europe, Asia, the United States (including the Federal Trade Commission), and South America. In the […]
U.S. Treasury Secretary Lew Emphasizes Cyber-Risks for Financial Institutions
In remarks delivered earlier this month, U.S. Treasury Secretary Jacob Lew highlighted the dangers of “cyber intrusions” to financial institutions. Secretary Lew cited more than 250 cyber attacks against U.S. banks and credit unions since 2011, as well as recent hacks and credit card thefts against major retailers. “Cyber attacks on our financial system represent […]
FCC Chairman Outlines Industry-Led “New Regulatory Paradigm” for Cybersecurity Leveraging NIST Framework
FCC Chairman Tom Wheeler made remarks on Thursday, June 12 at the American Enterprise Institute where he explained the FCC’s vision of how it will improve the communications sector’s cyber readiness. He announced a “new regulatory paradigm” where the FCC “relies on industry and the market first while preserving other options if that approach is […]
International Collaboration Disrupts GameOver Zeus and CryptoLocker
On June 2, 2014, in collaboration with the European Cybercrime Centre at Europol, the Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) announced a multi-national effort to disrupt the GameOver Zeus botnet, an extremely sophisticated type of malware designed to steal banking and other credentials from infected computers. The DOJ and the FBI also […]