Triton Malware Shuts Down Industrial Plant
Posted on Dec 17, 2017 in Cybersecurity | Comments Off on Triton Malware Shuts Down Industrial Plant
Cybersecurity experts at FireEye have issued a warning after a recent hacker attack caused “operational disruption to critical infrastructure” at an unnamed industrial plant. The hackers introduced a malware program that FireEye is calling “Triton” into the security system, likely in preparation for a larger attack. Learn more.
Nearly a third of U.S. businesses experienced a data breach: Survey
Posted on Dec 13, 2017 in Uncategorized | Comments Off on Nearly a third of U.S. businesses experienced a data breach: Survey
A recent survey for The Hartford Steam Boiler Inspection and Insurance Company (HSB) found that 29 percent of U.S. businesses experienced a data breach in the previous year. Nearly half of those breaches were caused by a vendor or contractor working for a business, 21 percent were the result of employee negligence, and 20 percent were the result of lost or stolen mobile devices or...
Is a cyber-attack ”Force Majeure”? Je ne crois pas!
Posted on Dec 8, 2017 in Cybersecurity | Comments Off on Is a cyber-attack ”Force Majeure”? Je ne crois pas!
Force majeure clauses are designed to address the risk of events which arise during the course of a contract and are beyond the control of the parties. These clauses can operate to suspend the performance of obligations for the duration of the force majeure and without liability, affording the affected party the opportunity to restore business-as-usual operations. They are the...
New OCIMF Pre-Fixture Tanker Vetting Cyber Requirement
Posted on Nov 22, 2017 in Cybersecurity, Litigation | Comments Off on New OCIMF Pre-Fixture Tanker Vetting Cyber Requirement
While the International Maritime Organization (IMO) has given ship owners and managers until 2021 to incorporate cyber risk into ships’ safety management systems, tanker owners and operators that are subject to vetting under the Oil Companies International Marine Forum’s (OCIMF) Ship Inspection Report Program (SIRE) Program will be expected to address cybersecurity risks in their...
You’ve Been Breached During the Holidays: Now What?
Posted on Nov 21, 2017 in Uncategorized | Comments Off on You’ve Been Breached During the Holidays: Now What?
It was the start of the Thanksgiving holiday when the GC of a large retail company got an urgent call from her CEO. “We’re under attack. I just got off the phone with IT and we have been hacked. Ransomware and a DDOS. Call whoever you need to call, notify whoever you need to notify, and get this fixed.” This occurrence, which extends to all industries, leads to the critical question:...
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