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Cybersecurity

U.S. Treasury Secretary Lew Emphasizes Cyber-Risks for Financial Institutions

July 30, 2014 By Privacy, Cyber & Data Strategy Team

In remarks delivered earlier this month, U.S. Treasury Secretary Jacob Lew highlighted the dangers of “cyber intrusions” to financial institutions. Secretary Lew cited more than 250 cyber attacks against U.S. banks and credit unions since 2011, as well as recent hacks and credit card thefts against major retailers. “Cyber attacks on our financial system represent […]

Filed Under: Cyber Risk, Cybercrime, Cybersecurity, Data Security, Financial Privacy Tagged With: Cybersecurity Executive Order, Senate

Kim Peretti and Jessica Corley co-author Bloomberg BNA article on Director Liability for Cybersecurity

July 29, 2014 By Cybersecurity Preparedness & Response Team

Kim Peretti, co-chair of the firm’s Security Incident Management & Response Team, co-authored with Jessica Corley, chair of the firm’s Securities Litigation Group, the Bloomberg BNA article, “Cybersecurity: What Directors Need to Know in an Era of Increased Scrutiny.” In the article, Peretti and Corley discuss the cybersecurity issues that directors and officers face due […]

Filed Under: Cybersecurity, Data Breach, Data Security, Privacy, Privacy Policy

Kim Peretti to Speak on AllClear ID Webinar

July 28, 2014 By Cybersecurity Preparedness & Response Team

Kim Peretti, co-chair of the firm’s Security Incident Management & Response Team, will be a featured speaker on a webinar addressing the cyber risk landscape and best practices on breach preparation and response. The webinar, titled “Confidence in the Breach Age: Risks, Preparation, Response & Recovery,” will feature a panel of industry professionals who will […]

Filed Under: Cybersecurity, Data Breach, Events

FCC Chairman Outlines Industry-Led “New Regulatory Paradigm” for Cybersecurity Leveraging NIST Framework

June 14, 2014 By Privacy, Cyber & Data Strategy Team

FCC Chairman Tom Wheeler made remarks on Thursday, June 12 at the American Enterprise Institute where he explained the FCC’s vision of how it will improve the communications sector’s cyber readiness. He announced a “new regulatory paradigm” where the FCC “relies on industry and the market first while preserving other options if that approach is […]

Filed Under: Cyber Risk, Cybersecurity Tagged With: Federal Trade Commission (FTC), National Institute for Standards and Technology (NIST)

International Collaboration Disrupts GameOver Zeus and CryptoLocker

June 4, 2014 By Maki DePalo

On June 2, 2014, in collaboration with the European Cybercrime Centre at Europol, the Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) announced a multi-national effort to disrupt the GameOver Zeus botnet, an extremely sophisticated type of malware designed to steal banking and other credentials from infected computers. The DOJ and the FBI also […]

Filed Under: Cyber Risk, Cybercrime, Cybersecurity, Enforcement, International Tagged With: Department of Justice

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