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Cybersecurity

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

Colorado Becomes the Third State to Adopt a General Privacy Law

July 8, 2021 By Dorian Simmons

On July 7, Colorado became the third state behind California and Virginia to adopt a comprehensive privacy law when Governor Jared Polis signed the Colorado Privacy Act into law. The CPA contains many similarities to the Virginia Consumer Data Protection Act (VCDPA) and the California Consumer Privacy Act, as amended by the California Privacy Rights […]

Filed Under: California, CCPA, Cybersecurity, Data Protection, Data Security, Enforcement, ePrivacy, Legislation, Online Privacy, Privacy

NYDFS Issues Guidance on Cybersecurity Controls to Combat Ransomware and Clarifies Reporting Obligations

July 3, 2021 By Lance Taubin, Kate Hanniford and Kim Peretti

The New York Department of Financial Services (NYDFS) issued new guidance this week intended to assist organizations in thwarting ransomware attacks. The guidance clarifies the NYDFS’ expectation that NYDFS-regulated companies should “implement these controls whenever possible” and report any successful deployment of ransomware or unauthorized access to privilege accounts to the NYDFS under its established […]

Filed Under: Cybersecurity, NYDFS Tagged With: Ransomware

DOJ Seizure of Ransom Payment Signals More Aggressive Stance by U.S. Government

June 10, 2021 By Kate Hanniford

Following the creation of the DOJ’s Ransomware and Digital Extortion Task Force in April 2021 and on the heels of the Biden administration’s characterization of ransomware as a national security threat, on June 7, 2021, the DOJ announced it has seized $2.3 million (63.7 bitcoin) in proceeds from a recent ransom paid to DarkSide in […]

Filed Under: Cybersecurity, National Security Tagged With: Ransomware

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Recent Posts

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