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National Security & Digital Crimes

President Biden Issues Executive Order on America’s Supply Chains

February 28, 2021 By Privacy, Cyber & Data Strategy Team

On February 24, 2021, President Biden announced a new Executive Order on America’s Supply Chains. The Order provides for two key initiatives, including a 100-day review of the supply chains for certain vital products and a long-term review of supply chains in six different sectors of the U.S. economy, including the information and communications technology […]

Filed Under: Board Governance & Cyber Risk Management, National Security & Digital Crimes, Privacy & Cyber Regulatory Enforcement Tagged With: Executive Order, SolarWinds, Supply Chain

U.S. Takes Part in Multinational Efforts to Disrupt Netwalker Ransomware and Emotet Malware

February 1, 2021 By Privacy, Cyber & Data Strategy Team

On January 27 and 28, 2021, the U.S. Department of Justice (DOJ) announced two successful operations to disrupt two different strains of malware, Netwalker ransomware and a banking Trojan known as Emotet, which have affected victims around the globe and caused millions of dollars in damage in recent years. The law enforcement actions against Netwalker and […]

Filed Under: National Security & Digital Crimes, Privacy & Cyber Regulatory Enforcement Tagged With: CISA, Department of Justice (DOJ), Emotet, Netwalker

Federal Court Rules Cyber Forensic Report Is Not Protected Under Attorney-Client Privilege Or Work Product Doctrine

January 13, 2021 By Privacy, Cyber & Data Strategy Team

On January 12, 2021, Judge Boasberg (D.D.C.) ruled that a forensic report prepared for outside counsel following a cyber incident investigation was not protected under either attorney-client privilege or the work product doctrine.  The investigation in question was run by outside counsel and the security firm had been retained by outside counsel.  This decision is […]

Filed Under: National Security & Digital Crimes

Financial Regulatory Agencies Announce Proposed Rule Requiring Notice of Computer Security Incidents

January 12, 2021 By Kim Peretti

On December 18, 2020, federal financial regulatory agencies jointly announced a proposed rule that would impose new and expanded reporting requirements on supervised banking organizations that experience a “computer-security incident,” requiring notice within 36 hours of any computer-security incident that rises to the level of a “notification incident.” In a significant departure from current reporting […]

Filed Under: Board Governance & Cyber Risk Management, National Security & Digital Crimes, Privacy & Cyber Regulatory Enforcement Tagged With: Bank Secrecy Act (BSA), Board of Governors of the Federal Reserve System, Computer-Security Incident, FDIC, Gramm-Leach-Bliley Act (GLBA), Notice of Proposed Rulemaking, Office of the Comptroller of the Currency (OCC), Suspicious Activity Report (SAR)

SolarWinds Hack: Unparalleled Supply Chain Attack Results in Potential Compromise of Private and Public Sector Organizations

December 17, 2020 By Kim Peretti and Privacy, Cyber & Data Strategy Team

On Sunday, December 13, 2020, SolarWinds announced that it had learned of a “highly sophisticated, manual supply chain attack” by a nation state affecting its Orion Platform, which is used by a wide variety of public and private sector organizations for IT infrastructure monitoring and management.  In this attack, adversaries were able to compromise the […]

Filed Under: Board Governance & Cyber Risk Management, Crisis & Data Breach Response, National Security & Digital Crimes Tagged With: CISA, Cozy Bear, Department of Commerce (DOC), Federal Bureau of Investigation (FBI), FireEye, Microsoft, ODNI, Russia, SolarWinds, Supply Chain Attack, Treasury

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