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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.

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...

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...

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:...

Concerns Grow Over Potential Cyberattacks on Electric Grid

Eversheds Sutherland Partner Michael Bahar is quoted in this Morning Consult article regarding rising calls from cybersecurity practitioners to improve information sharing between the Department of Homeland Security (DHS) and private industry officials. Learn more.

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