Archives: Data Breach

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Ransomware Attacks – Why it Should Matter to Your Business

Gone are the days when ransomware attacks inflicted the unlucky few.  Today, all companies and organizations are susceptible to attack, no matter their size or industry.  In a client alert, our Data Breach Response team discusses the rising trends in ransomware attacks, the implications of becoming a victim, and what you can do to protect … Continue Reading

UK Ministry of Justice Announces Changes Regarding Privacy and Data Protection Claims

This summer the ICO has issued significant fines in relation to high profile data breaches since acquiring its new “GDPR charged” powers. With less publicity, but nonetheless important given the increasing awareness of the rights of data subjects to claim damages for breaches of data protection legislation, the Ministry of Justice has recently announced that … Continue Reading

Executive Hacks and What To Do

I was recently helping a client in Tokyo respond to a serious and sophisticated cyber breach where hackers executed a transfer of nearly US$1M out of the client’s Hong Kong bank account. In this instance, the hackers had hacked into the CEO’s cloud-based corporate e-mail account and had determined a way to create a transaction … Continue Reading

Illinois Supreme Court to Resolve the Conflict over the Scope of BIPA’s Private Right of Action.

In Illinois, the courts are grappling with an issue akin to the Article 3 standing issues that courts have been analyzing in post-breach cases for years, that is, whether a plaintiff must claim actual harm as a result of a statutory violation or whether the violation is sufficient by itself to support standing to sue.… Continue Reading

Why the ICO Fined Equifax £500,000

On 19th September 2018, the Information Commission Officer (“ICO”) fined credit reference agency Equifax Limited £500,000 for breaching the Data Protection Act 1998 (“DPA”). Finding that Equifax Limited failed to protect the personal data of up to 15 million UK individuals, the ICO awarded the maximum penalty for a breach under the DPA. The ICO … Continue Reading

Data Breach Laws on the Books in Every State; Federal Data Breach Law Hangs in the Balance

With no central federal data breach law, states have taken the reins, passing an increasing number of laws that require both the protection of citizens’ private data and prompt notice of any breach of that privacy.  Governors in the last two holdout states, South Dakota and Alabama, recently signed bills to enact laws governing data … Continue Reading

Independent Bank Class Action Alleges Specific Equifax Security Failures, Actual Harm and the Threat of Future Harm

In another lawsuit against Equifax, the Independent Community Bankers of America (ICBA), on behalf of thousands of community banks, seeks to hold Equifax accountable for the July 2017 data breach that potentially affected more than 145.5 million consumers. ICBA, along with Bank of Zachary and First State Bank, filed the class action last week in … Continue Reading

Breakfast Briefing – Cybersecurity Readiness and Effective Breach Response

The EU General Data Protection Regulation (GDPR) increases organizations’ obligations to a new level and also adopts, for the first time, specific breach notification guidelines. Cybersecurity readiness and effective responses are no longer the exclusive domain of IT departments -these are now board-level concerns.  Regardless of industry sector, size or commercial focus, companies not only … Continue Reading
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