Tag Archives: cyberattacks

It’s Elementary: Measures that Educational Institutions Should Take to Prepare for Ransomware Attacks: Part 1

By Benjamin Wanger and Allison Clark on February 28, 2022 Posted in Ransomware

PART 1 The ransomware epidemic has affected and continues to affect all industries, including healthcare, manufacturing and finance. Since 2020, however, the education industry has been targeted as much as or more than any other sector. Indeed, approximately 23 percent of the 1,250+ data security incidents that BakerHostetler helped clients manage over the past year … Continue Reading

Reporting Cyberattacks: Challenges for US Government Defense Contractors

By Brian Craig and Orga Cadet on December 20, 2021 Posted in Cybersecurity

A report published by the U.S. Government Accountability Office (GAO) on Dec. 8, 2021, highlights the complexity surrounding cybersecurity compliance for the Department of Defense (DOD) and its contractors. The GAO’s report recommended that the DOD improve its communication to industry, develop a plan to evaluate a pilot program, and develop outcome-oriented performance measures. This … Continue Reading

COVID-19 Cybersecurity Exposure

By Andreas Kaltsounis on March 18, 2020 Posted in Cybersecurity

Risk scenarios and recommendations History tells us that unscrupulous actors will exploit any crisis, and COVID-19 is no exception. Attackers wasted no time building coronavirus-themed phishing emails and malware-laden websites purporting to track the coronavirus’s spread across the globe. These opportunistic attacks were an expected variation on well-known themes that use fear to engineer an … Continue Reading

Deeper Dive: Frequency and Severity

By Erich Falke on April 18, 2017 Posted in Cybersecurity, Data Breaches

All industries are affected by cyberattacks, but how often and to what extent they occur vary greatly by industry type. Industry Type As for frequency, the healthcare industry in 2016, for the third year in a row, saw the greatest number of incidents and by a wide margin. Specifically, about 35 percent of the incidents … Continue Reading

Deeper Dive: State-Backed Attack Groups Target U.S. Businesses

By Randal L. Gainer on May 31, 2016 Posted in Cybersecurity

In 31 percent of the data security incidents that BakerHostetler’s Privacy and Data Protection Practice Team helped clients address in 2015, attackers used phishing, hacking and malware to access client data. 2016 Data Security Incident Response Report, 3. Chinese state-supported attackers have long targeted the intellectual property of U.S. businesses. As we discussed in an … Continue Reading

Lloyd’s Report Highlights Risk of Cyberattacks on National Power Grid

By Will R. Daugherty on July 23, 2015 Posted in Cybersecurity, Infrastructure

A sophisticated cyberattack on the U.S. power grid could cause nearly $250 billion in economic losses and, under the most severe circumstances, cost more than $1 trillion to the U.S. economy, according to a recent report prepared by Lloyd’s and the University of Cambridge Centre for Risk Studies. The Business Blackout Report considers the impacts … Continue Reading

‘Going Postal’ Over Data Breach Response: Union Files Failure-to-Bargain Charge With NLRB Against USPS

By Pat Muldowney on November 24, 2014 Posted in Data Breaches, Workplace Privacy

As recent high-profile cyberattacks have demonstrated, employers have a duty to protect their employees’ electronically stored personal information from being accessed by hackers, and to promptly remedy any breach in security concerning such information. Depending upon the outcome of a recently filed charge before the National Labor Relations Board (“NLRB” or the “Board”), unionized employers … Continue Reading