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National Security & Digital Crimes

FBI Develops Decryption Tool to Combat Blackcat Ransomware

January 3, 2024 By Kim Peretti

On December 19, 2023, the Justice Department (“DOJ”) announced a disruption campaign against the Blackcat ransomware group.  In the same press release, they also stated that the Federal Bureau of Investigation (“FBI”) had developed a decryption tool to combat ALPHV/Blackcat’s ransomware variant.  Over the last couple of years, Blackcat’s ransomware has risen in popularity and […]

Filed Under: Board Governance & Cyber Risk Management, National Security & Digital Crimes, Ransomware Fusion Center

Ransomware Group, in Midst of Extortion Attempt, Files Regulatory Notice with SEC

November 17, 2023 By Kim Peretti, Kate Hanniford, Alysa Austin and Lance Taubin

Just a month before the Security and Exchange Commission’s (“SEC’s”) Material Cybersecurity Incidents Rule is set to take effect, a ransomware group has apparently taken compliance with reporting requirements into its own hands.  On November 15, 2023, the ransomware group known as BlackCat (also known as “AlphV”) posted a notice on its leak site alleging […]

Filed Under: Board Governance & Cyber Risk Management, Crisis & Data Breach Response, National Security & Digital Crimes, Privacy & Cyber Regulatory Enforcement, Ransomware Fusion Center

China Releases Major Changes in its Draft Regulations on Cross-border Data Flows

October 24, 2023 By Kim Peretti, Lance Taubin and Kristen Bartolotta

At the end of September 2023, the Cyberspace Administration of China (CAC) released draft regulations (see the unofficial English translation) regulating the cross-border flow of personal information and important data out of the Peoples Republic of China (PRC). The comment period for these regulations concluded on October 15, 2023, and the regulations may change if […]

Filed Under: Board Governance & Cyber Risk Management, National Security & Digital Crimes

FBI Cautions Organizations on Dual Ransomware Attacks

October 24, 2023 By Kim Peretti and Alysa Austin

The Federal Bureau of Investigation (FBI) issued a Private Industry Notification on September 27, 2023, highlighting two concerning ransomware trends and providing companies with guidance on mitigating potential threat actor activity. As of July 2023, the FBI observed multiple ransomware attacks where two attacks against the same victim involving different ransomware variants are deployed often […]

Filed Under: Board Governance & Cyber Risk Management, National Security & Digital Crimes, Ransomware Fusion Center

CISA Releases Advisory Concerning Chinese-Backed Threat Actor

October 9, 2023 By Kim Peretti

On September 27, 2023, The U.S. National Security Agency (NSA), the U.S. Federal Bureau of Investigation (FBI), the U.S. Cybersecurity and Infrastructure Security Agency (CISA), the Japanese National Police Agency (NPA), and the Japanese National Center of Incident Readiness and Strategy for Cybersecurity (NISC) released a joint cybersecurity advisory (CSA) concerning the recent activity of […]

Filed Under: Board Governance & Cyber Risk Management, National Security & Digital Crimes, Uncategorized Tagged With: Cybersecurity, Data Protection

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