U.S. Seizes Over $6 Million From Ransomware Attacks
Alex Iftimie spoke to CBS News about the Justice Department’s announcement that U.S. officials seized more than $6 million in cryptocurrency and arrested two individuals they say are behind the July 4 weekend REvil ransomware attacks, in which the hacking of a Florida-based software firm infected more than a thousand businesses worldwide.
Private Sector Urged to Review New Government Cyber Directive
Alex Iftimie spoke to WSJ Pro Cybersecurity about the Cybersecurity and Infrastructure Security Agency’s directive for federal agencies to fix known software flaws, with a list identifying which vulnerabilities should be given priority.
Known Cyber Threats to Be Addressed Listed by Security Agency
Alex Iftimie spoke to Bloomberg Law about the Cybersecurity and Infrastructure Security Agency’s binding operational directive to drive remediation of vulnerabilities that are being “actively exploited” by bad actors.
How to Respond to Government’s Renewed Emphasis on Cybersecurity
Tina Reynolds spoke to Compliance Week about the U.S. Department of Justice’s Civil Cyber-Fraud Initiative, which warns entities that do business with the government that the promises they make regarding the strength of their cybersecurity defenses must hold up to scrutiny.
DOJ Cybersecurity Crackdown May Inspire Whistleblowers
Tina Reynolds spoke to Law360 about the U.S. Department of Justice’s recent decision to crack down on federal contractors’ cybersecurity shortcomings through the Civil Cyber-Fraud Initiative, which will rely on the False Claims Act to pursue cybersecurity-related fraud claims against federal contractors for putting “U.S. information or systems at risk.”
Crypto Exchange Blacklisting To Test US Sanctions’ Teeth
Brandon Van Grack and Alex Iftimie spoke to Law360 about the U.S. Department of the Treasury’s unprecedented blacklisting of a cryptocurrency platform accused of helping cybercriminals convert funds into real world currency.