CYBERSECURITY -
Financial Conduct Authority Warns Banking Industry of ICOs and Cryptocurrency -
Writing a “Dear CEO” letter to banking executives, the Financial Conduct Authority (FCA) warned executives on June 11,...more
6/18/2018
/ Banking Sector ,
Bitcoin ,
Cryptocurrency ,
Currency Exchange ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Privacy ,
Drones ,
Energy Sector ,
False Claims Act (FCA) ,
Fidelity Investments ,
Initial Coin Offering (ICOs) ,
Legislative Agendas ,
North Korea ,
Popular ,
Risk Management ,
Shipwrecks ,
Trading Platforms ,
Unmanned Aircraft Systems ,
Wells Fargo ,
Wire Fraud
A recent State audit has discovered that the Massachusetts Clean Energy Center wired $93,679 to a cyber-criminal in February 2017, and didn’t advise its board about the incident for 7 months....more
If you have ever purchased tickets from Ticketfly, be aware that it took its homepage offline last week because it has experienced a “cyber incident.” It stated that “Following a series of recent issues with Ticketfly...more
Over the past several weeks, as the GDPR deadline of May 25 loomed, thousands and thousands of organizations sent individuals, including U.S. citizens, notices requesting consent and opt in to receive further communications. ...more
6/4/2018
/ Cyber Crimes ,
Cybersecurity ,
Data Processors ,
Data Protection ,
EU ,
EU Data Protection Laws ,
General Data Protection Regulation (GDPR) ,
International Data Transfers ,
Malware ,
Personal Data ,
Personally Identifiable Information ,
Ransomware ,
Risk Management
Late last week, the Federal Bureau of Investigation (FBI) issued a warning to U.S. consumers that Russian hackers (dubbed Sofacy and a/k/a Fancy Brear and APT28 and believed to be backed by the Russian government) had...more
6/1/2018
/ Broadband ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Protection ,
Data Security ,
FBI ,
Hackers ,
Malware ,
Network Security ,
Popular ,
Russia ,
Wifi
CYBERSECURITY -
Cyber Fraud Cost $1.4 Billion in 201 -
The Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) recently released its yearly internet crime report, which states that over 300,000...more
5/22/2018
/ Class Action ,
Consumer Fraud ,
Criminal Prosecution ,
Cryptocurrency ,
Cyber Crimes ,
Data Breach ,
Drones ,
Employment Litigation ,
Enforcement Actions ,
Indictments ,
Investment Fraud ,
Malware ,
Pre-approval ,
Right to Privacy ,
Startups ,
W-2
The Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) recently released its yearly internet crime report, which states that over 300,000 consumers reported cyber-fraud and malware attacks in 2017,...more
A new Harris Poll for the American Institute of CPA’s (AICPA), which called 1006 U.S. adults for the report, shows interesting statistics regarding American adults’ attitudes and fears about identity theft and financial loss...more
5/10/2018
/ Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Financial Fraud ,
Hackers ,
Identity Theft ,
Information Technology ,
Malware ,
Personally Identifiable Information ,
Phishing Scams ,
Popular ,
Ransomware ,
Risk Management
Reports show that U.S. energy companies reported more than 350 cybersecurity incidents to the U.S. Department of Homeland Security between 2011 and 2015. Pipeline companies are included in that statistic....more
Verizon recently issued its Protected Health Information (PHI) Data Breach Report, which is always an interesting read. Not surprisingly, Verizon’s report concludes that based upon analysis of 1,360 security incidents...more
3/19/2018
/ Cyber Crimes ,
Dark Web ,
Data Breach ,
Electronic Medical Records ,
Health Care Providers ,
HIPAA Breach ,
Information Technology ,
Personally Identifiable Information ,
PHI ,
Popular ,
Ransomware ,
Risk Management ,
Verizon ,
Vulnerability Assessments
Verizon's Protected Health Information Data Breach Report Concludes that Insiders Are Greatest Threat to Health Care Entities -
Verizon recently issued its Protected Health Information Data Breach Report, which is always...more
3/16/2018
/ American Civil Liberties Union (ACLU) ,
Biometric Information ,
Class Action ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Data Collection ,
Drones ,
Facebook ,
Federal Aviation Administration (FAA) ,
Hackers ,
Healthcare ,
Malware ,
Mobile Devices ,
Personally Identifiable Information ,
PHI ,
Smartphones ,
Telecommunications ,
TSA ,
Verizon
In a recent Public Service Announcement dated February 21, 2018 entitled “Increase in W-2 Phishing Campaigns,” the Federal Bureau of Investigations (FBI) issued another alert about an increase in phishing campaigns since the...more
3/12/2018
/ Cyber Crimes ,
Email ,
FBI ,
Identity Theft ,
Income Taxes ,
IRS ,
Payroll Records ,
Personally Identifiable Information ,
Phishing Scams ,
Social Security Numbers ,
Tax Fraud ,
Tax Planning ,
Tax Returns ,
W-2
Cybersecurity Task Force Launched in Arizona -
Arizona Governor Doug Ducey launched the Arizona Cybersecurity Team (ACT) by Executive Order on March 1, 2018. The ACT is comprised of 22 members representing officials from...more
3/9/2018
/ Banking Sector ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Drones ,
Federal Agency Taskforce ,
Financial Services Industry ,
Hackers ,
Healthcare ,
Information Technology ,
Insurance Industry ,
Medicare ,
NYDFS ,
Personally Identifiable Information ,
Phishing Scams ,
Popular ,
Risk Management ,
State and Local Government ,
Unmanned Aircraft Systems
The Council for Economic Advisors (CEA) issued a report this month, entitled “The Cost of Malicious Cyber Activity to the U.S. Economy,” which concludes that “malicious cyber activity cost the U.S. economy between $57 billion...more
Lazarus, the well-known hacking group responsible for the WannaCry ransomware attack from last year, as well as the attack on the Bangladesh Central Bank and Sony, is now targeting global financial firms and Bitcoin adopters...more
2/22/2018
/ Banking Sector ,
Banks ,
Bitcoin ,
Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Cybertheft ,
Data Breach ,
Digital Currency ,
Hackers ,
Malware ,
Phishing Scams ,
Popular ,
Virtual Currency
It is well known that hackers and fraudsters surf Facebook to find individuals who have not protected their information through Facebook’s privacy settings. People put a lot of information on Facebook that is very personal...more
Allscripts Healthcare Solutions Inc. notified its electronic medical record customers last week that a ransomware attack was behind the disruption of service for medical providers....more
2/2/2018
/ Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Electronic Medical Records ,
Hackers ,
Health Care Providers ,
HIPAA Breach ,
Information Technology ,
Personally Identifiable Information ,
PHI ,
Popular ,
Ransomware
A new report issued by the World Economic Forum (WEF), called “Global Risks Report 2018,” lists the threat of cyber-warfare and cyber-attacks affecting the public as the world’s third greatest threat in 2018, only behind...more
1/26/2018
/ Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Data Security ,
Hackers ,
Information Technology ,
Infrastructure ,
Personally Identifiable Information ,
Smart Devices ,
World Economic Forum
It has been predicted that the healthcare industry will continue to be lambasted with ransomware in 2018. It has also been predicted that attackers will move from taking sensitive information hostage to sabotage, service...more
1/22/2018
/ Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
Hackers ,
Health Care Providers ,
Hospitals ,
Information Technology ,
Personally Identifiable Information ,
PHI ,
Ransomware
It’s the start of tax season, and many employers are sending W-2 forms to employees so they can get ready to file their tax returns.
As was true over the past few years, this is not only the busy season for tax preparers,...more
1/5/2018
/ Cyber Crimes ,
Email ,
Identity Theft ,
Income Taxes ,
IRS ,
Personally Identifiable Information ,
Phishing Scams ,
Popular ,
Tax Fraud ,
Tax Returns ,
W-2
‘Tis the season of stuffing stockings. ‘Tis also the season of “credential stuffing.” What is credential stuffing you ask?
According to Wikipedia, “credential stuffing is a type of cyber-attack where stolen account...more
There is no relief in sight for combating new strains of ransomware. One new ransomware, dubbed the Spider virus, was discovered by researchers at Netskope on December 10, 2017, and continues to attack victims to date....more
Many are lamenting not purchasing bitcoin now that its value has skyrocketed. Yesterday, Massachusetts Secretary of State William Galvin warned investors to stay away from investing in bitcoin, as he considers it a financial...more
$64 Million in Bitcoin Stolen from NiceHash -
Many are lamenting not purchasing bitcoin now that its value has skyrocketed. Recently, Massachusetts Secretary of State William Galvin warned investors to stay away from...more
12/15/2017
/ Bitcoin ,
Canada ,
Cyber Crimes ,
Data Breach ,
Digital Currency ,
Drones ,
Financial Markets ,
Hackers ,
Health Care Providers ,
HIPAA Breach ,
OCR ,
Payment Processors ,
PayPal ,
Russia ,
Trading Platforms ,
Virtual Currency
Virtual currency exchanges are popping up at breakneck speed. Tether, which operates USDT, a cryptocurrency that is backed up with the U.S. dollar, announced that almost $31 million of its USDT was stolen from its core...more