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Cybersecurity

Massachusetts AG Announces Division Focused on Data Privacy and Security

August 18, 2020 By Consumer Finance Team

On August 13, Massachusetts Attorney General Maura Healey announced the creation of a Data Privacy and Security Division with the AG’s office, and named Sara Cable as Chief of the new division.  The new division is intended to protect Massachusetts consumers from increased threats to the privacy and security of their data.

Filed Under: Cybersecurity, Data Security, Privacy

EU Announces First Sanctions under EU Cyber Sanctions Regime

July 31, 2020 By Emily Poole

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

SEC Creates Event and Emerging Risk Examination Team

July 28, 2020 By Kate Hanniford

Following OCIE’s recent and detailed risk alert regarding the threat of ransomware, the SEC today announced that it has created the Event and Emerging Risk Examination Team (EERT) as a part of the Office of Compliance Inspections and Examinations (OCIE).  The EERT will engage with registrants regarding emerging threats and current market events, to provide […]

Filed Under: Cyber Risk, Cybersecurity

The NYDFS Brings First Enforcement Action under the Cybersecurity Regulation

July 27, 2020 By Kimberly Peretti, Amy Mushahwar and Dorian Simmons

On Tuesday, July 21, 2020, the New York Department of Financial Services (the “NYDFS”) brought its first enforcement action under its Cybersecurity Regulation (the “Regulation”) against a large title insurer (the “Company”) for failing to protect sensitive personal information.  The NYDFS is seeking civil monetary penalties, an order requiring the Company to remedy the alleged […]

Filed Under: Cybersecurity, Data Protection, Data Security, Enforcement, Financial Privacy, Insurance Data Security, NYDFS, Regulation

UK National Cyber Security Centre Advisory: Russian Attackers, APT29, Targets Companies Involved in COVID-19 Vaccine Development

July 17, 2020 By Amy Mushahwar, Kimberly Peretti and Larry Sommerfeld

Yesterday, the UK National Cyber Security Centre and Canada’s Communications Security Establishment released an advisory linking APT29 (also known as, ‘the Dukes’ or ‘Cozy Bear’) to attacks against COVID-19 vaccine development in Canada, the US and the UK.  The Advisory stated that APT29 is “almost certainly part of the Russian intelligence services.”  APT29/Cozy Bear was […]

Filed Under: Advisories, Cyber Risk, Cybercrime, Cybersecurity, Data Protection, Data Security, Digital Crimes, National Security

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