We all know data breaches can impact all of us, regardless of whether we are a Fortune 500 company or a small business. Lawyers, of course, are not immune from data attacks and recent guidance from the American Bar Association Standing Committee on Ethics and Professional Responsibility illustrates how critical it is for lawyers and law firms to be aware of cybersecurity issues and accompanying ethical considerations. See a copy of Formal Opinion 483 here. (Opinion).
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Cybersecurity
SEC Report Cautions Companies to Consider Cyber Threats with Internal Controls
The Securities and Exchange Commission (SEC) this week issued an investigative report that outlined cyber incidents that nine public companies had experienced, causing fraudulent losses totaling more than $100 million. The conclusion of the report is that public companies “should consider cyber threats when implementing internal controls.”
The investigations focused on business email compromises where…
Consumers Mixed on Retailers’ Use of Facial Recognition Technology
Many consumers are unaware that retailers use facial recognition technology in retail stores to monitor shoppers and prevent shoplifting. Consumers see cameras in retail stores and assume it is to monitor for shoplifting and theft, but many are unaware that facial recognition technology is used so their actual identity can be determined while they are…
OIG Announces New Multidisciplinary Cybersecurity Team
The Office of Inspector General (OIG) recently announced the creation of a cybersecurity team focused on combating threats within the Department of Health & Human Services (HHS), and within the health care industry. The team includes auditors, evaluators, investigators, and attorneys with experience in cybersecurity matters, and its work is intended to build on the cybersecurity priorities the OIG has previously identified in its annual assessments and reports.
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FDA Announces Playbook for Medical Device Cybersecurity
On October 1, 2018, the Food and Drug Administration (FDA) issued its “Medical Device Cybersecurity Regional Incident Preparedness and Response Playbook” to address continued threats to medical devices that could affect patient safety.
The 32 page playbook, developed by MITRE Corp., states that “the purpose of the playbook is to serve as a…
California Tackles IoT Security with New Bill
The State of California is once again leading the way with trying to keep up with technology and protecting consumers. Senate Bill 327 requires Internet of Things (IoT) developers to implement “reasonable security features” in IoT products, such as baby monitors, televisions, automobiles, home appliances, fitness monitors, home security systems, and the like.
This is…
Schneider Electric USBs Infected with Malware
Schneider Electric recently issued a consumer warning that it mistakenly shipped USB drives to its customers that were infected with malware. Schneider Electric stated in its alert that “Schneider Electric has determine that some USB removable media shipped with [two products] were contaminated with malware during manufacturing by one of our suppliers.”
According to the…
Vicious Kronos Variant Osiris Malware Recently Released and Proving Dangerous
We all remember Kronos—the malicious malware that was sold by Russian underground forums in 2014 for $7,000. If you bought it, you were promised updates and development of new modules.
The Kronos developers recently released a new update (dubbed Osiris), which is presently attacking individuals in Germany, Japan, and Poland, with the U.S. in the…
Millions of Sensitive Records Leaked by Another Spyware Maker
We reported last week that a spyware maker compromised users’ and victims’ sensitive information [view related post]. Since that time, another spyware maker, mSpy, which holds itself out as having over a million users employing its product to “spy” on their partners and children, has reportedly leaked the passwords, call logs, text messages, location…
New York Department of Financial Services Cybersecurity Regulation 18-month Compliance Deadline Arrives
On September 4, 2018, the third stage of compliance deadlines under the New York Department of Financial Services’ (DFS) expansive cybersecurity regulation went into effect. This deadline, scheduled for implementation 18 months after the regulation (23 NYCRR 500) initially went into effect in March 2017 triggers Covered Entities’ obligations under the regulation to:
- Maintain systems
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