Commentaries and Analyses
May 11, 2024
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10 Cyber Incident Response Tips From Those Who’ve Had a Breach and Lived to Tell About It

Information Week recently reported on an interesting panel at the RSA conference in San Francisco: Patricia Titus, chief information security officer (CISO) of Booking Holdings Inc., moderated the panel “Life After the Breach: A Survivor’s Guide.” The panelists included Tim Crothers, CISO of Mandiant; Russ Ayres, SVP and deputy CISO of credit bureau Equifax; and […]

Commentaries and Analyses, Finance, Legal News, New Threats
March 30, 2024
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AI Poses a Threat to Financial Sector, and Cyberattackers are ‘Outpacing’ Defenses – Treasury

Law.com reports that the U.S. Treasury Department warned the financial services sector this week that artificial intelligence (AI) will become a powerful weapon for fraudsters and cyberattackers, who will outgun the sector’s defensive efforts in the foreseeable future.  The report was based on interviews with representatives from 42 financial services and technology companies about the […]

Ransomware criminals lie to us. Can we lie to them?

Some ransomware gangs demand millions of dollars in ransom or even tens of millions of dollars. Even smaller businesses, non-profit organizations, and public school districts have increasingly become victims of cyberattacks because they are easy targets with poor defenses against attackers. Do you want your system unlocked? Do you want your data back or deleted […]

Insurance News, Commentaries and Analyses, Legal News
February 03, 2024
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Do you know what your cyber policy covers? (Southwest Airlines v. Liberty Insurance Underwriters)

An article by attorneys at Barnes & Thornburg LLP discusses a court case that serves as a useful reminder of how provisions of cyber policies may be interpreted when it comes to coverage of cyber-related incidents — even when those incidents are not data breaches. In 2016, Southwest Airlines suffered a computer system failure that […]

Malware Ransomware, Commentaries and Analyses, News
January 29, 2024
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New Ransomware Reporting Requirements Kick in as Victims Increasingly Avoid Paying

As 2023 drew to a close, a report by Emsisoft made the bold recommendation to impose a flat-out ban on ransom payments in the event of cyberattacks. Their suggestion has spawned a good deal of discussion, including a new report by incident response firm Coveware, who disagrees strongly with the recommendation. The following is just […]