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Cybercrime

DOJ Announces Indictment of Russian Hackers for Destructive Cyber-Attacks, Including Deployment of NotPetya and Olympic Destroyer Malware

October 21, 2020 By Privacy, Cyber & Data Strategy Team

On October 19, 2020, the Department of Justice (DOJ) announced that six Russian GRU officers had been charged in connection with a series of destructive cyber-attacks that affected victims around the globe and caused billions of dollars of damage. The Russian hackers are alleged to be a part of the group known as Sandworm, which […]

Filed Under: Cybercrime, Cybersecurity, Digital Crimes, Enforcement, National Security Tagged With: Department of Justice (DOJ), Federal Bureau of Investigation (FBI), GRU, indictment, Olympic Destroyer, Russia, Sandworm

State Financial Regulators Issue Ransomware Mitigation Tool

October 16, 2020 By Kim Peretti and Alysa Austin

On October 13, 2020, state financial regulators in partnership with the Bankers Electronic Crimes Taskforce and the U.S. Secret Service, released the Ransomware Self-Assessment Tool (R-SAT) to help financial institutions mitigate the risks of ransomware.  The R-SAT is a detailed questionnaire designed to evaluate the effectiveness of an institution’s general security controls as well as […]

Filed Under: Cyber Risk, Cybercrime, Cybersecurity, Data Breach, Data Protection, Data Security, Digital Crimes, Enforcement, Financial Privacy, Privacy

FinCEN Alerts Financial Institutions on Role in Facilitating Ransomware Attacks

October 2, 2020 By Alysa Austin and Privacy, Cyber & Data Strategy Team

With an increase in the frequency, sophistication, and cost of ransomware attacks, the Financial Crimes Enforcement Network (FinCEN) issued an advisory on October 1, 2020 alerting financial institutions to ransomware trends and typologies, and related financial red flags, that may result in a regulatory obligation to report and share information related to ransomware attacks. Based […]

Filed Under: Advisories, Cyber Risk, Cybercrime, Cybersecurity, Data Protection, Data Security, Digital Crimes, Enforcement, Financial Privacy, Privacy Tagged With: Ransomware

DOJ Charges Seven Individuals in Connection with Global Hacking Campaigns Against More Than 100 Companies

September 18, 2020 By Privacy, Cyber & Data Strategy Team

On September 16, 2020, the U.S. Department of Justice (DOJ) announced that seven individuals believed to be part of a hacking group known as APT41 or “Wicked Panda,” including five Chinese nationals and two Malaysian nationals, have been charged in connection with a global hacking campaign that affected more than 100 companies around the world. […]

Filed Under: China, Cybercrime, Digital Crimes, Enforcement, International Tagged With: APT41, China, Dead drop, Extradition, Hacker, indictment, Malaysia, Microsoft, Supply Chain Attack, Wicked Panda

EU Announces First Sanctions under EU Cyber Sanctions Regime

July 31, 2020 By Privacy, Cyber & Data Strategy Team

On July 30, 2020, the European Council announced sanctions against six individuals and three organizations for their involvement in a series of cyber-attacks that have caused significant damage in the EU and around the world over the last several years. The announcement follows the EU’s adoption last year of Decision (CFSP) 2019/797, which established the […]

Filed Under: Cybercrime, Cybersecurity, Data Security, Enforcement, International, National Security Tagged With: APT10, China, Cybersecurity, European Union (EU), North Korea, Russia, Sanctions, Sandworm

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