Unfortunately, I’ve had unpleasant dealings with the Phobos ransomware group. My interactions with Phobos have been fodder for a good story when I educate client employees on recent cyber-attacks to prevent them from becoming victims. The story highlights how these ransomware groups, including Phobos, are sophisticated criminal organizations with managerial hierarchy. They use common slang
Department of Justice
RealPage Antitrust Consent Decree Proposed
In August 2024, the Department of Justice (DOJ) and eight states filed a civil antitrust lawsuit against RealPage Inc., alleging that its software was used to unlawfully decrease competition among landlords and maximize profits. Last week, the DOJ, now joined by ten states, filed an amended complaint alleging that landlords Greystar Real Estate Partners LLC…
Privacy Tip #417 – Scammers Using Hurricane Relief Aid to Commit Fraud
Unfortunately, when natural disasters hit innocent victims and good-natured people want to help those in need, scammers swoop in to manipulate the bleak situation to commit fraud or price gouging.
Following Hurricanes Helene and Milton , the Federal Trade Commission (FTC), the Department of Justice, and the Consumer Financial Protection Bureau (CFPB) issued a warning…
Members of International Sextortion Ring Charged for Stealing $2M From Victims
According to the FBI, it has “seen a huge increase in the number of cases involving children and teens being threatened and coerced into sending explicit images online,” also known as sextortion.
In some cases, the criminal will threaten the teen that they have a revealing picture or video and that they will share…
Department of Justice Maintains Its False Claims Act Enforcement Focus on Government Contractor Cybersecurity
Below is an excerpt of a legal update co-authored with Government Enforcement + White Collar Defense Partner David E. Carney.
On June 17, the Department of Justice (DOJ) announced settlements of alleged False Claims Act (FCA) violations associated with cybersecurity requirements in contracts to provide a secure environment for online applications for federal housing…
The AI Executive Order and Antitrust Enforcement: An Uncertain Future
On October 30, 2023, President Biden issued the “Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence.” (AI EO). At 63 pages, the AI EO outlines a comprehensive framework for federal agencies to regulate all aspects of AI markets. Our team will continue to update you on portions of the…
Another Win for Justice Department: Slilpp Marketplace Takedown
People always ask me if law enforcement is having any luck in combatting cyber criminals. Let me be clear: it is a very tough job to take down cyber criminals located in other countries or sponsored by foreign nations. Our government is focusing on cyber criminals more than I have ever seen before, and the…
Privacy Tip #287 – Double Down on Passwords
It has been reported by Bloomberg Law that the Colonial Pipeline ransomware attack was caused by a “single compromised password.” The Colonial Pipeline ransomware attack had consumers hoarding gasoline and disrupted distribution of gas along the east coast. One single compromised password.
Colonial Pipeline paid $4.4 million in ransom following the attack, although the Department…
DOJ Warns of Business Email Compromise Scheme Targeted at PPP Loan Recipients
The U.S. Attorney’s Office for the District of Massachusetts is warning small businesses that received loans through the Paycheck Protection Program (PPP) of a dramatic increase in reports of business email-compromise schemes related to the program. Scammers are using information about PPP recipients posted by the Small Business Administration (SBA) to impersonate PPP lenders requesting…
Privacy Tip #256 – COVID-19 Scams Continue to Plague U.S. Public
It has been widely reported that hackers are taking advantage of the pandemic to perpetrate scams and frauds. We have seen attacks against workers of companies through phishing emails that include an attachment or link offering information or access to specialized treatment for COVID-19 to lure people to click on them. Once they click on…