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 […]
Cybercrime
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 […]
Inside Counsel Talks Cybersecurity with Kim Peretti Ahead of WIPL Conference
Kim Peretti, a partner in the firm’s White Collar Crime Group, discussed cybersecurity and the upcoming Women, Influence & Power in Law Conference with Inside Counsel. “From a legal standpoint, the risk exposure for a cyberattack has continued to rapidly increase,” and senior executives and board members play an important role in their company’s cybersecurity, said […]
Secret Service Estimates in Follow-Up Advisory that “Backoff” Malware Affected 1,000 U.S. Businesses
On Friday, August 22 the Department of Homeland Security (“DHS”) and U.S. Secret Service released an advisory warning that a family of malware known as “Backoff” may have infiltrated the Point of Sale (“PoS”) systems of over 1,000 U.S. businesses. The malware was injected into some systems as far as back as October 2013, and DHS warns […]
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 […]