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Cybercrime

Securities Class Actions Filed Against Three Chinese Tech Titans After Announcement of Cyber-Related Investigations

July 27, 2021 By Sierra Shear and Cara Peterman

In early July, investigations by a Chinese cybersecurity regulatory agency, the Cyberspace Administration of China (“CAC”), into at least three China-based technology companies—DiDi Global Inc. (“DiDi”), Full Truck Alliance Co. Ltd. (“FTA”), and Kanzhun Limited (“Kanzhun”)—were purportedly revealed weeks after each conducted a substantial initial public offering (“IPO”) on a United States stock exchange. These […]

Filed Under: China, Cyber Risk, Cybercrime, Cybersecurity, Data Breach Litigation, Data Security, International, National Security, Regulation

U.S. Government Launches StopRansomware.gov

July 16, 2021 By Kate Hanniford

On July 15, 2021, the DOJ and DHS together with additional federal partners launched StopRansomware.gov, a one-stop hub intended to help the private and public sector mitigate the threat of ransomware.  The website includes a range of resources geared towards private organizations, public and private critical infrastructure sectors, K-12 educational institutions, and state, local, tribal, […]

Filed Under: Cybercrime, Cybersecurity, National Security

State Legislatures Consider Bans on Ransomware Payments

June 18, 2021 By Privacy, Cyber & Data Strategy Team

As ransomware attacks continue to dominate the news cycle, legislation has recently been introduced in several states that would place limits on certain entities’ ability to pay a ransom payment in the event of a ransomware attack. Although the proposed limits would generally apply to state agencies and other local governmental authorities, certain state proposals […]

Filed Under: Cybercrime, Digital Crimes, Legislation Tagged With: ransomware

The Supreme Court Narrows The Scope of The Computer Fraud and Abuse Act

June 3, 2021 By Jon Knight

Today, the Supreme Court issued a long-awaited decision in Van Buren v. United States interpreting the meaning of “exceeds authorized access” under the Computer Fraud and Abuse Act (“CFAA”).  The 6-3 majority, led by Justice Barrett and joined by Justices Breyer, Sotomayor, Kagan, Gorsuch, and Kavanaugh, rejected the Government’s broad definition of this phrase.  While […]

Filed Under: Cybercrime, Cybersecurity, Digital Crimes, Uncategorized

New York and Illinois Regulators Recommend Third Party Cybersecurity Review For Specific Vulnerabilities

May 21, 2021 By James Harvey and Privacy, Cyber & Data Strategy Team

This month, the Illinois Department of Insurance issued guidance to insurers recommending assessments in response to a Microsoft Exchange vulnerability, detailed in the guidance.  In the Bulletin dated May 5, the Department encourages regulated entities to “assess the risk to their systems and consumers and take steps necessary to address vulnerabilities and customer impact.” The […]

Filed Under: Cyber Risk, Cybercrime, Cybersecurity, Data Breach, Data Protection, Data Security, Digital Crimes, Enforcement, Financial Privacy, Insurance Data Security, NYDFS, Regulation, Security Breach, Supply Chain

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