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Corporate Counsel Phishing Scams Cyber Attacks

Baker Donelson

Ten Key Insights from IBM's Cost of a Data Breach Report 2025

Baker Donelson on

IBM and the Ponemon Institute have released the 2025 Cost of a Data Breach Report. The report, which has become an annual late-summer tradition, highlights the evolving risks and costs associated with data breaches. This...more

Faegre Drinker Biddle & Reath LLP

Federal Court Holds Bank Liable For Business Email Compromise Losses

We have written on previous occasions about the rise in frequency and severity of Business Email Compromise (BEC) cyberattacks. As explained in other posts, BEC attacks are a type of phishing scam typically targeting...more

Robinson+Cole Data Privacy + Security Insider

Beware of Luna Moth Callback Phishing Scam

Palo Alto’s Unit 42 recently issued a threat assessment alert outlining a new phishing scam that is unique and successful. The scam is believed to be carried out by the Luna Moth/Silent Ransom Group and is targeting...more

Genova Burns LLC

Potential Harm Enough For Class Action to Proceed in Data Breach Litigation

Genova Burns LLC on

The Third Circuit Court of Appeals has given new life to a putative class action suit led by a former employee of a company that suffered a ransomware attack, leading to her sensitive information being released onto the Dark...more

Robinson+Cole Data Privacy + Security Insider

Phishing at the California State Controller’s Office

The California State Controller’s Office (SCO) was recently a victim of phishing. According to its website, an employee of the SCO’s Unclaimed Property Division clicked on a link in an email, entered their user ID and...more

Hinshaw & Culbertson - Insights for Insurers

Fifth Circuit Affirms No Computer Transfer Fraud Coverage for Phishing Scam

The Fifth Circuit has affirmed a district court ruling that a crime policy’s Computer Transfer Fraud coverage did not apply to losses incurred in connection with an email phishing scam. See Mississippi Silicon Holdings LLC v....more

Epstein Becker & Green

Cyber Coverage in the Age of COVID-19 Need Not Result in Pandemonium

Epstein Becker & Green on

While businesses and their employees continue to operate in the “new frontier” of working-from-home during the COVID-19 pandemic and the gradual reopening of the economy, a serious risk continues to present itself: the threat...more

Farella Braun + Martel LLP

Another Federal Circuit Finds Phishing Loss Covered Under Crime Policy

Companies of all sizes have fallen victim to attacks whereby fraudsters will use deceptive communications, such as spoofed emails, to trick an employee into transferring money into the fraudsters’ control. While these...more

Sheppard Mullin Richter & Hampton LLP

Fool Me Twice…SEC’s latest Cyber-Fraud ROI Indicates Future Enforcement Against Hacker Victims

In the aftermath of the Securities and Exchange Commission’s (“SEC”) latest Report of Investigation (“Report”) regarding cyberattacks via “spoofed or manipulated electronic communications,” companies should prepare to adjust...more

Orrick, Herrington & Sutcliffe LLP

Does Your Insurance Cover Phishing Attacks and Business Email Compromise? The Uncertainty Continues…

The coverage landscape for “Business E-mail Compromise” (BEC) scams remains somewhat tenuous, as organizations and carriers continue to battle in court over the extent of coverage. Although recent positive,...more

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