Eversheds Sutherland Cybersecurity and Privacy Insights Blog
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FINRA Warns Broker-dealers About Increase in Denial-of-service Attacks

FINRA warned broker-dealers last week that several FINRA members have recently been the victims of distributed denial of service (DDoS) attacks from a criminal group known as DD4BC. (In general terms, a DDoS attack bombards a target website with messages in an effort to make the site unavailable to legitimate users.) According to FINRA, DD4BC first sends its target a ransom request for...

President Obama Signs Executive Order Promoting Cybersecurity Information Sharing in the Private Sector

On February 13, 2015, President Obama signed an Executive Order designed to encourage private companies and organizations to share information on cyber threats among themselves, and with the federal government, on a voluntary basis. The President signed the order as part of a speech given at a Cybersecurity and Consumer Protection Summit held at Stanford University. This order is part...