“Emerging cyber threats require engagement from the entire American community to create a safer cyber environment—from government and law enforcement to the private sector and, most importantly, members of the public.”
– the Cybersecurity and Infrastructure Security Agency (“CISA”)
There’s no question that the pandemic has increased companies’ vulnerability to cyberattacks. More companies’ employees are working remotely, and thieves are leveraging that change—as well as public fear—to conduct hacking campaigns. From hospitals to media companies to manufacturing plants, ransomware and other cyberattacks are increasingly prevalent and have far-reaching impacts. As companies store more of their valuable data in electronic form, they are increasingly vulnerable to attacks that render their data inaccessible. We have served as lead counsel on some of the highest-profile ransomware attacks and breaches of recent years, coordinating all response components, including responding to regulatory inquiries and investigations, defending clients in multi-jurisdiction litigation, engaging on public and customer relations issues, advising on contractual obligations and remedies, and working with forensic investigators, credit monitoring firms, and crises communications professionals—any third party providers needed—to provide an integrated, cost-effective, and seamless response to your data security incident.
Some of the more common attack methods include:
In addition to data loss, these incidents raise significant business and legal risks, including damage to brand and reputation, disruption of business operations, and contractual and regulatory obligations. We have helped Fortune 500 companies and other leading companies respond to dozens of significant ransomware incidents and have experience with wide-ranging ransomware variants including Ryuk, Maze, Sodinokibi/REvil, WastedLocker, MegaCortex, Nephilim, SunCrypt, and Harma.
Morrison & Foerster is uniquely positioned to provide insight into and counsel on the various facets of cyberattack preparedness and response. Our market-leading Global Privacy + Data Security team has decades of collective experience helping clients navigate these and other pressing issues. Visit our new Privacy + Data Security Litigation practice page to learn how our team can help your company with potential litigation arising from a breach.