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Ransom Payments At A Historic Low According to Report

February 20, 2025 By Kim Peretti and Scott Hilsen

On February 4, 2025, Coveware, Inc. released its quarterly ransomware report for the fourth quarter of 2024, and identified that the percentage of victims paying ransoms fell to a historic low of 25%.  While the average amount of a payment in Q4 2024 … [Read more] about Ransom Payments At A Historic Low According to Report

Filed Under: Board Governance & Cyber Risk Management, Ransomware Fusion Center Tagged With: Payments, Ransomware

UK Government Proposes Targeted Ban on Ransom Payments and Increased Ransomware Incident Reporting

February 5, 2025 By Kelly Hagedorn and Kristen Bartolotta

On January 14, 2025, the United Kingdom government published a consultation on ransomware proposing new measures to increase incident reporting and reduce ransom payments (the “Consultation”). The Consultation outlines three objectives in this regard … [Read more] about UK Government Proposes Targeted Ban on Ransom Payments and Increased Ransomware Incident Reporting

Filed Under: Board Governance & Cyber Risk Management, Crisis & Data Breach Response, Privacy & Cyber Regulatory Enforcement, Ransomware Fusion Center Tagged With: Cybersecurity, Incident Reporting, Ransomware, United Kingdom (UK)

State AGs Publish Guidance on How State Laws Apply to AI

February 3, 2025 By Daniel Felz, Jennifer Everett, Alex Brown and Dorian Simmons

On December 24, 2024 and January 13, 2025, the Oregon Attorney General’s Office and the California Attorney General’s Office published advisories (collectively, “Advisories”) explaining how existing statutes may be used to regulate, investigate and … [Read more] about State AGs Publish Guidance on How State Laws Apply to AI

Filed Under: AI Cybersecurity & Privacy, Artificial Intelligence (AI), California Privacy & the CCPA, Privacy & Cyber Regulatory Enforcement, Privacy & Cybersecurity Litigation Tagged With: Artificial Intelligence, California Consumer Privacy Act (CCPA), California Privacy Protection Agency (CPPA), Regulatory Enforcement

CISA Releases the AI Cybersecurity Collaboration Playbook to Strengthen AI-related Cybersecurity Information Sharing and Collaboration

February 3, 2025 By Seol Namgoong and Kim Peretti

On January 14, 2025, the Cybersecurity and Infrastructure Security Agency (CISA) released the AI Cybersecurity Collaboration Playbook (the “Playbook”) to provide guidance to organizations within the AI community (including AI providers, developers, … [Read more] about CISA Releases the AI Cybersecurity Collaboration Playbook to Strengthen AI-related Cybersecurity Information Sharing and Collaboration

Filed Under: Board Governance & Cyber Risk Management

First Milestone in the Implementation of the EU AI Act

February 2, 2025 By Wim Nauwelaerts

The AI Act (Regulation (EU) 2024/1689 of June 13, 2024, laying down harmonized rules on artificial intelligence) is the European Union's comprehensive legal framework on AI, which aims to promote the responsible development and use of artificial … [Read more] about First Milestone in the Implementation of the EU AI Act

Filed Under: AI Cybersecurity & Privacy, Artificial Intelligence (AI)

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