Fred Karlinsky, chair of Greenberg Traurig’s Insurance Regulatory and Transactions Practice, is the featured guest on episode 6 of ThriveDX’s Net Impact podcast hosted by Fred Menachem, which explores the crucial intersection of cybersecurity law and insurance regulation.
Fred discusses how businesses can protect themselves from growing cyber threats, the evolving role of
A U.S. district court dismissed all the SEC’s securities fraud and false filings claims against SolarWinds and its Chief Information Security Officer (CISO) Timothy Brown regarding the adequacy of cyberattack disclosures, finding that the SEC had impermissibly relied on “hindsight and speculation” to find those disclosures fraudulent. The court also dismissed the SEC’s claims that
On April 4, 2024, CISA published its long-awaited Notice of Proposed Rulemaking to implement the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA). If passed in their current form, the Rules would create extensive reporting obligations for an estimated 316,244 covered entities across 16 critical infrastructure sectors.
Greenberg Traurig Shareholders Jena M. Valdetero, Co-Chair of the U.S. Data Privacy & Cybersecurity Practice, and Reena Bajowala presented the Thomson Reuters West LegalEdcenter webinar, “Staying Ahead of the Bad Guys: Cybersecurity and Data Protection” Monday, July 31. News of an increasing number of cyberattacks has dominated headlines in recent years. This webinar
October is Cybersecurity Awareness Month! In this GT Bulletin, Shareholders Jena Valdetero and Kevin Scott highlight five key trends that should be top-of-mind for businesses and organizations to protect their data systems and remain in compliance with the various rules to which they are subject. Click here to watch the full GT Bulletin.
In this article, we discuss today’s most prevalent types of ransomware attacks, considerations for whether to make the ransom payment, the Financial Crimes Enforcement Network (FinCEN) and Treasury’s Office of Foreign Asset Control’s (OFAC) ransomware guidance, and the U.S. government’s efforts in connection with these attacks.
Russia’s attack on Ukraine has resulted in historic and escalating U.S. sanctions, impacting companies who do business with Russia or Russian-affiliates and creating risks even for companies who do not. Since 2020, the number and sophistication of ransomware attacks has spiked, largely perpetuated by organized criminal groups in Russia and Eastern Europe. In light of
On Feb. 25, 2022, one of the top 10 ransomware threat actor groups, Conti, issued a statement announcing its “full support” of the Russian government and threatening “to use all our possible resources to strike back at critical infrastructures of an enemy” who “organize[s] a cyberattack or any war activities” against Russia. Conti followed up
A ransomware attack on a major U.S. gas pipeline sharpened people’s concerns about cybercrime in 2021, while the Biden administration balanced working with the private sector and threatening penalties for keeping breaches secret. GT Shareholder Jena M. Valdetero was mentioned in this article on cybersecurity steps the Biden administration has taken, published by Law360 Dec.