In late September, two subcommittees of the U.S. House of Representatives held a joint hearing on responding to ransomware attacks. The hearing—held by the Subcommittee on Cybersecurity, Information Technology, and Government...more
On January 26, 2023, the Department of Justice announced its successful “months-long disruption campaign” against a ransomware group known as Hive, signaling the United States’ increased efforts to combat ransomware attacks...more
The Biden Administration is zeroing in on cybersecurity. In the wake of a high-profile wave of cyberattacks, including the SolarWinds supply chain attack and the more recent Colonial Pipeline ransomware attack, President...more
As we previously described and as reflected in the rapidly increasing number of cyber-attacks since its start, the COVID-19 pandemic has triggered a shift in working practices that hackers and other bad actors are using to...more
9/4/2020
/ Coronavirus/COVID-19 ,
Cyber Attacks ,
Cyber Crimes ,
Cyber Threats ,
Cybersecurity ,
Data Breach ,
Hackers ,
Medical Records ,
Medical Research ,
Personally Identifiable Information ,
Phishing Scams ,
Ransomware
Today, New York’s top financial regulator, the Department of Financial Services, announced the formation of a dedicated “Cybersecurity Division.” In a news release issued earlier today, the agency said the new division “will...more
The nation’s top law enforcement agency is rebooting its cybercrime capabilities.
In an effort to keep up with the evolving threats against property, critical infrastructure and human life posed by cyber-attacks –especially...more
In Accenture’s 2018 State of Cyber Resilience for Banking & Capital Markets study, the consulting firm reported the rate at which cyber-attacks on banking and capital markets firms are successful dropped from 36 percent in...more
The Financial Crimes Enforcement Network, or FinCEN, an arm of the United States Department of the Treasury, issued an advisory last week to remind financial institutions of their obligations to report cyber-events on...more
11/2/2016
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Compliance ,
Cyber Crimes ,
Cyber Threats ,
Cybersecurity ,
Department of Financial Services ,
Financial Institutions ,
FinCEN ,
Information Sharing ,
New Regulations ,
Reporting Requirements ,
Suspicious Activity Reports (SARs)