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Cybercrime

Forthcoming UK Cyber Security and Resilience Bill to Boost the UK’s Cyber Defenses

October 18, 2024 By Kelly Hagedorn and Kristen Bartolotta

In the July 2024 King’s Speech, the UK government announced its intention to introduce a Cyber Security and Resilience Bill (the “Bill”) to improve the UK’s cyber defenses and protect essential public services. The announcement comes as companies and countries increasingly face attacks by cyber criminals and state actors, sometimes disrupting public services and infrastructure. […]

Filed Under: Cybercrime, Cybersecurity, Data Security, Legislation Tagged With: Cyber defenses, Cybersecurity, United Kingdom

DOJ Unseals Indictment of Evil Corp Member, While OFAC Announces New Evil Corp Sanctions

October 9, 2024 By Kim Peretti, Kelly Hagedorn and Andrew Rice

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 […]

Filed Under: Cybercrime, Cybersecurity, Digital Crimes, International, Ransomware, Russia Tagged With: Cybercrime, Cybersecurity, Digital Crimes, International, Ransomware, Russia

Ransomware Activity Trends in Q2 2024

September 19, 2024 By Kim Peretti and Alysa Austin

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 […]

Filed Under: Cyber Risk, Cybercrime, Cybersecurity, Ransomware

DOJ Continues to Investigate and Prosecute North Korean IT Worker Fraud Scheme

August 16, 2024 By Kim Peretti and Andrew Rice

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 […]

Filed Under: Cybercrime, Cybersecurity, Digital Crimes, International, National Security

CISA and JCDC Conduct First-Ever Public-Private AI Security Incident Tabletop Exercise

August 6, 2024 By Daniel Felz and Kim Peretti

On June 13, 2024, the Cybersecurity and Infrastructure Security Agency (CISA) collaborated with the Joint Cyber Defense Collaborative (JCDC) to hold the federal government’s first tabletop exercise for “AI security incidents.  JCDC led the exercise and, true to JCDC’s public-private partnership model, included over 50 participants from various government agencies and private-sector companies. For those […]

Filed Under: AI, Artificial Intelligence, Cyber Risk, Cybercrime, Cybersecurity, Security Breach, Uncategorized Tagged With: AI, Artificial Intelligence, CISA, Cybersecurity

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