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Cybercrime

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

U.S. Court Rules Against Online Travel Booking Company in Web-Scraping Case

July 26, 2024 By Kim Peretti and Alysa Austin

On July 18, 2024, a federal jury in Delaware found that an online travel booking company violated the Computer Fraud and Abuse Act (CFAA) by accessing portions of a European airline’s website without permission and “with intent to defraud” the airline. In particular, the jury unanimously found that the online travel company violated the CFAA […]

Filed Under: CFAA, Cybercrime, Digital Crimes

LockBit Takedown Indicates Shifting DOJ Cyber Strategy and Has Implications for Ransomware Victims

May 15, 2024 By Kim Peretti, Seol Namgoong and Colton Jackson

On May 7, 2024,  the United States unsealed an indictment against Dmitry Yuryevich Khoroshev, one of the leaders of the Russian-based ransomware group LockBit, for his alleged involvement in developing and distributing the LockBit ransomware. According to the indictment, Khoroshev performed both administrative and operational roles for the cybercrime group, including upgrading the LockBit infrastructure, […]

Filed Under: Cybercrime, Cybersecurity, Data Breach, Digital Crimes, Enforcement, Ransomware Tagged With: Cybersecurity, Department of Justice (DOJ), Ransomware

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