President Biden recently signed an executive order establishing the implementation of the new EU-U.S. Data Privacy Framework, which would provide for the possibility of the lawful transfer of personal data from the European Union (EU) to the United States (U.S.), while ensuring a strong set of data protection requirements and safeguards.[1] Once approved
Colonial Pays Millions in Ransomware Attack on Pipeline
By Kathleen Porter on
Posted in Cybersecurity
Colonial Pipeline paid hackers a ransom of $4.4 million in bitcoin soon after discovering a cybersecurity hack on its systems that began on May 6. The company’s acknowledgement comes after days of speculation about whether a ransom was paid to the hackers. The company’s CEO defended the “difficult” decision to pay the ransom, maintaining he…
President Biden Signs Executive Order to Strengthen Cybersecurity for Federal Government Following Colonial Pipeline Attack
By Linn Foster Freedman on
Posted in Cybersecurity
President Joe Biden signed an Executive Order on Wednesday, May 12, 2021, on the heels of the cyber-attack against Colonial Pipeline Co., which suffered a major ransomware attack late last week that has caused supply chain issues in the Southeast.
The Order is intended to show that the federal government is taking a leadership role…