Tag Archives: response

On October 1, 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory to alert companies that might pay ransomware attackers of the potential sanctions risks for facilitating ransomware payments.  In particular, the alert targeted “financial institutions, cyber insurance firms, and companies involved in digital forensics and incident response….”  While this is an advisory and does not have the force of law,… More

Every company should expect that at some point it will experience a data breach. Whether as a result of hackers, disgruntled employees, or careless acts such as losing an unencrypted phone or laptop, data breaches may subject companies to liability and must be handled with speed and great care. What are the responsibilities of directors in preventing and addressing data breaches?

Without a doubt, directors must be generally aware of the data security risks facing the company and ensure that the company is prepared to manage those risks appropriately and has an incident response plan for a data breach.… More

In Case You Missed It: Illinois strengthened its data privacy and security law, with the amendments going into effect in January 2017.  The amendments include expanding the definition of “personal information” to include a username or email address of an Illinois resident in conjunction with a password or security question answer that would permit access to an online account.  The definition is also expanded to include medical and health insurance information. … More

Last week, the Cybersecurity Unit of the Department of Justice (DOJ) issued a list of “best practices” for companies concerning preparing for and responding to cyber-attacks. The report details the lessons federal prosecutors have learned while handling cyber investigations, as well as feedback from private sector companies. Some of the key pieces of advice are:

• Identify Your “Crown Jewels”: Before creating a cyber-incident response plan,…

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Last week, I co-presented with Gant Redmon of Co3 Systems to the Association of Corporation Counsel on breach response.   Here are the slides from our presentation:  “In_the_Belly_of_the_Breach_: What Every In-House Counsel Needs to Know about Data Breach Response.” More