Category: Cybersecurity

New York Department of Financial Services Announces $5 Million Penalty in Most Recent Cybersecurity Enforcement Action

Share

On June 23, 2022, the New York State Department of Financial Services (NYDFS) announced the entry of a Consent Order in connection with its most recent cybersecurity enforcement action, which included a $5 million monetary penalty against Carnival Cruise Line, Princess Cruise Lines, Holland America Line, Seabourn Cruise Line, and Costa Cruise Lines (“Carnival Companies”), for violations of NYDFS’s Cybersecurity Regulation, 23 NYCRR Part 500 (“Part 500”). In addition to the $5 million monetary penalty, the Carnival Companies also surrendered their insurance producer licenses and agreed to cease selling insurance to residents of New York.

According to the Consent Order, between 2019 and 2021, the Carnival Companies were the subject of four separate cybersecurity events, including ransomware and phishing attacks. All four of the cybersecurity events led to the exposure of nonpublic personal information (NPI) of both consumers and employees, including such information as names, addresses, birth dates, passport numbers, and in some instances, other sensitive information such as social security numbers and health information.

Continue reading “New York Department of Financial Services Announces $5 Million Penalty in Most Recent Cybersecurity Enforcement Action”

Discerning Data Cyber Vulnerability Alert: Four Emerging Cyber Threats

Share

According to several recent media reports, malicious cyber actors have begun to utilize four new types of cyberattacks as part of their current destructive repertoire. The website www.databreachtoday.com noted that these new attacks are “significantly reshaping the threat landscape that CISOs have to deal with.”

These four new emerging cyberattacks are identified as:

  1. Defensive Evasion;
  2. Triple Extortion;
  3. Wiper Malware; and
  4. Accelerated Exploit Chain.

Continue reading “Discerning Data Cyber Vulnerability Alert: Four Emerging Cyber Threats”

What Are Social Engineering Attacks? How Can You Protect Yourself? – A Faegre Drinker on Law and Technology Podcast

Share

Social engineering attacks are at the core of all cyberattacks, as threat actors use many different types of psychological manipulation to kick off their cyberattacks. In this episode of the Faegre Drinker on Law and Technology Podcast, host Jason G. Weiss welcomes Peter Baldwin — who focuses his practice in white collar criminal investigations and cyber-incident response — and they explore the ins and outs of social engineering attacks, how to identify them and how to defeat them.

In this episode with a special twist, Pete takes the “host microphone” and chats with Jason, who takes on the role of podcast guest tackling a number of questions, including:

  • What are the main underlying pillars of a social engineering attack? What is their foundation and what makes them successful?
  • How do the more common social engineering attacks work? Such as phishing, spear phishing, whaling, business email compromises, dumpster diving, smishing, vishing, catfishing, gas lighting and SIM swapping?
  • What are the top targets in health care, financial services and manufacturing?
  • What are some good defenses to help people prevent many of the more common social engineering attacks?

Russia, Cybersecurity & Government Contracting – Faegre Drinker on Law and Technology Podcast

Share

Russia’s invasion of Ukraine has created a host of challenges for the U.S. government to address, including the need to prepare for potential Russian cyberattacks and questions about how to handle Russian connections to supply chains and government contracts. In this episode of the Faegre Drinker on Law and Technology Podcast, host Jason G. Weiss sits down with Faegre Drinker partners Dana Pashkoff and Jessica Abrahams to unpack the thorny issues at the nexus of Russia, cybersecurity and U.S. government activity.

Continue reading “Russia, Cybersecurity & Government Contracting – Faegre Drinker on Law and Technology Podcast”

U.S. Government Details Prolonged Cyber Scheme by Russian State Actors Targeting the Energy Sector

Share

Last month, the U.S. Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI), and the U.S. Department of Energy (DOE) issued a joint advisory providing “information on multiple intrusion campaigns conducted by state-sponsored Russian cyber actors” that targeted “U.S. and international Energy Sector organizations.” While CISA, the FBI, and DOE all responded to these campaigns “with appropriate action in and around the time they occurred,” the U.S. government determined that it was important to share information about the attacks “in order to highlight historical tactics, techniques, and procedures (TTPs) used by adversaries to target U.S. and international Energy Sector organizations.”

Continue reading “U.S. Government Details Prolonged Cyber Scheme by Russian State Actors Targeting the Energy Sector”

©2024 Faegre Drinker Biddle & Reath LLP. All Rights Reserved. Attorney Advertising.
Privacy Policy