On Friday, May 12, companies in countries across the globe witnessed an unprecedented malware outbreak as ransomware labeled “WannaCry” and “Wanna Decryptor” infected a large range of critical systems. The malware exploits a vulnerability in older versions of Microsoft’s Windows, locks the systems it infects, and threatens to delete files unless a bitcoin ransom is […]
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New York Department of Health Issues Urgent Cybersecurity Warning Following U.S. Strikes on Iranian Nuclear Facilities
The New York State Department of Health has issued an urgent cybersecurity advisory (the Advisory) warning of increased threat levels and a higher likelihood of cybersecurity attacks from Iranian state-backed actors following U.S. military strikes on the Fordow, Natanz, and Isfahan nuclear facilities in Iran. The Advisory warns that “intelligence sources indicate a high likelihood […]
UK Data Protection Regulator Fines 23andMe ~$3.1 Million Following Credential Stuffing Attack
On June 5, 2025, the UK’s Information Commissioner’s Office (ICO) fined 23andMe £2.31 million (~$3.1 million). The fine was for failing to implement adequate security measures to protect the personal data of over 155,000 UK users. The penalty followed a joint investigation with the Office of the Privacy Commissioner of Canada, highlighting how regulators are […]
UK Government Publishes Cyber Governance Code of Practice for Boards and Directors
On April 8, 2025, the UK government published the Cyber Code of Practice (the “Code”) to support board directors in governing cybersecurity risks. The Code is available online. The UK’s data protection regulator is actively investigating and, in some instances, fining companies for personal data breaches caused by cybersecurity issues. It is therefore more important […]
Ransom Payments At A Historic Low According to Report
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 rose 16% quarter-over-quarter to $553,959, the median amount dropped a significant 45% […]