Indictment in Massive Iranian Cyberbreach Shows Companies Still Vulnerable
Posted on Mar 27, 2018 in Cybersecurity | Comments Off on Indictment in Massive Iranian Cyberbreach Shows Companies Still Vulnerable
If general counsel fear their companies are vulnerable to cyberattacks from far afield, they have good reason. An indictment unsealed Friday details how hackers hired by the Iranian government broke into computer systems of at least 36 U.S. companies, including technology firms, banks, media companies and a law firm. Learn more.
NERC and power company reach settlement on violations of cybersecurity standards
Posted on Mar 22, 2018 in Cybersecurity, Energy and Infrastructure | Comments Off on NERC and power company reach settlement on violations of cybersecurity standards
A power company has reached an agreement with the North American Electric Reliability Corporation (NERC) to pay $2.7 million for violations of a cybersecurity reliability standard. This violation resulted from the online exposure of the company’s data due to a vendor’s mishandling of the data, allowing unrestricted third-party access to 30,000 asset records. The violation posed a...
Tech Giants Brace for Europe’s New Data Privacy Rules
Posted on Jan 28, 2018 in GDPR | Comments Off on Tech Giants Brace for Europe’s New Data Privacy Rules
With the deadline for the new rules now just a few months away, Silicon Valley’s tech behemoths have been scrambling to get ready. Facebook and Google have deployed hundreds of people to make sense of the regulations. Many of the companies have overhauled how they give users access to their own privacy settings. Some have redesigned certain products that suck up too much user data. And...
Securing the Cloud
Posted on Jan 23, 2018 in Cybersecurity, Financial Services, Insurance, Litigation, Securities & Corporate Governance | Comments Off on Securing the Cloud
Eversheds Sutherland Partner Michael Bahar is quoted in the Winter edition of USA Today Homeland Security regarding increasing efforts to keep data safe in the ‘new normal.’ “Particularly this summer, we’ve seen attackers going further – to extortion, data manipulation, disruption and even destruction,” said Michael. “What is increasingly critical is to respond to the rapidly evolving...
Senators Warren and Warner Introduce Cybersecurity Bill Aimed at Consumer Reporting Agencies
Posted on Jan 10, 2018 in Cybersecurity, Government, Regulation | Comments Off on Senators Warren and Warner Introduce Cybersecurity Bill Aimed at Consumer Reporting Agencies
Senators Warren (D-Mass.) and Warner (D-Va.) introduced a bill today that would establish an Office of Cybersecurity at the FTC, charged with promulgating cybersecurity regulations and monitoring security of consumer reporting agencies, such as Equifax, require consumer reporting agencies to notify the FTC within 10 days of a breach, and impose strict liability penalties for breaches...
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Video: As the challenges cybersecurity and data privacy present are often global
