Internet, Information Technology & e-Discovery Blog

Internet, Information Technology & e-Discovery Blog

Social changes brought about by the Internet & Technology

Category Archives: eCommerce

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Great news! Cyberinsurance for Spearphishing (BEC) now available from Grandpoint Bank

Posted in Cyber, eCommerce
Reuters reported that “Grandpoint said the coverage includes losses from wire-transfer scams including business email compromise [BEC]. In business email compromise schemes, fraudsters pose as executives or vendors from a business, sending requests for money transfers to accounts controlled by criminals.”  Grandpoint operates in Southern California, Arizona and Southern Washington and Reuters reported that: Grandpoint… Continue Reading

Cybersecurity strategies for CISOs includes clear communications in plain English, not technical jargon!

Posted in Cyber, eCommerce
Forrester’s Report includes this observation for CISOs [Chief Information Security Officers] that creating “and maintaining a security strategy is fundamental for CISO success” but “…business colleagues need to be able to understand your strategy. If you cannot communicate it in a clear and concise manner, then all of your work will have been in vain.” … Continue Reading

NET NEUTRALITY: The Internet is a public utility ruling headed to the Supreme Court which doesn’t get the Internet!

Posted in eCommerce, Internet Access, Net Neutrality
“For the third time in seven years” the DC Circuit Court of Appeals was confronted with “net neutrality—the principle that broadband providers must treat all internet traffic the same regardless of source”  and the New York Times’ article about the June 14, 2016 ruling says it all – “Court Backs Rules Treating Internet as Utility,… Continue Reading

WEBCAST: Cyber Risk for Clients and Lawyers

Posted in Cyber, eCommerce
I will moderate this important live TexasBarCLE webcast on June 21, 2016 with Thomas Petrowski (Chief Division Counsel from the Dallas Office of the Federal Bureau of Investigation), Edward Block (Chief Information Security Officer at the Texas Department of Information Resources), and Ken Orgeron (Chief Information Officer at Gardere Wynne Sewell LLP). Please register for… Continue Reading

Experienced outside counsel should be part of your Incident Response Plan (IRP) for cyber intrusions!

Posted in Cyber, eCommerce, IT Industry
Darkreading recommended that an IR team should include “outside legal counsel that possess specialized experience in cybersecurity and data breach responses” and key stakeholders from all applicable areas of the organization, such as Legal, HR, Executive Management, PR/Communications, Information Technology”…as well as third party vendors.  The June 7, 2016 report entitled “How To Prepare For… Continue Reading

Report of 50 cyber breaches since 2011 leads congress to investigate cybersecurity at the Federal Reserve!

Posted in Cyber, eCommerce, IT Industry
Following a report about cybersecurity breaches by Reuters the House Committee on Science, Space and Technology sent a letter to Fed Chair Janet Yellen that  these “reports raise serious concerns about the Federal Reserve’s cyber security posture, including its ability to prevent threats from compromising highly sensitive financial information housed on the agency’s systems.”  The… Continue Reading

Bad news for P.F. Chang -Court rules that all claims for 2014 data breach are not covered under its cyberinsurance!

Posted in Cyber, eCommerce
Businessinsurance.com reported that a federal court ruled that P.F. Chang’s cyber policy covered “direct loss, legal liability, and consequential loss resulting from cyber security breaches” but “Chang’s and other merchants are unable to process credit card transactions themselves and must enter into agreements with third parties.”  My friend Judy Greenwald’s June 2, 2016 article entitled… Continue Reading

IT administrator with ‘keys to the kingdom’ indicted for hacking former employer

Posted in Cyber, eCommerce, Internet Privacy, IT Industry
With a possible sentence of 20 years in prison for hacking for a trial set for June 28, 2016 the US Attorney commented about the indictment that “IT administrators often hold the ‘keys to the kingdom’ for companies, … Disgruntled IT administrators can therefore pose a grave threat to businesses, which must take measures to protect themselves when… Continue Reading

Apple & Google are among 8 mobile device companies the FTC ordered to disclose security update practices

Posted in eCommerce, Internet Privacy
The Federal Trade Commission (FTC) “is seeking to compile data concerning policies, procedures, and practices for providing security updates to mobile devices offered by unnamed persons, partnerships, corporations, or others in the United States.”  The May 6, 2016 FTC Order requested that “Apple, Inc.; Blackberry Corp.; Google, Inc.; HTC America, Inc.; LG Electronics USA, Inc.;… Continue Reading

Employee Training about phishing is critical since only 3% of phishing targets alert management!

Posted in Cyber, eCommerce
Is there any doubt that training employees about phishing would help reduce the malware damage? Of course there’s also no surprise in a recent Verizon report which indicated that 89% of phishing attacks were send by organized crime and only 9% state-affiliated actors. Verizon ‘s  2016 Data Breach Investigations Reports included the following Recommended Controls:… Continue Reading

Email Privacy Act passes the House, but the proposed Act does not require notice of warrants

Posted in eCommerce, Internet Privacy
The Electronic Communications Privacy Act (ECPA) of 1986 was created to deal with telephone records not email, so the new proposed Email Privacy Act clarifies what email is, but did not change the ECPA much since it “does not require authorities to notify users that a warrant has been obtained to review their electronic communications.” Also… Continue Reading

GUEST BLOG: Small Texas Law Firm Used in International Cyberattack

Posted in Cyber, eCommerce
My Guest Blogger John Ansbach is General Counsel of General Datatech, L.P. (“GDT”), and John is a seasoned attorney with a broad range of experience developed over more than 18 years of practicing law including as a corporate generalist, his background includes experience in contracts; cyberlaw; intellectual property; real estate; human resources; corporate governance; regulatory… Continue Reading

No surprise that the FBI is warning law firms that they are cybertargets for insider trading

Posted in Cyber, eCommerce
A FBI Privacy Industry Notification identified in “a recent cyber criminal forum post an advertisement to hire a technically proficient hacker for the purposes of gaining sustained access to the networks of multiple international law firms.” Bloomberg BNA reported about the March 4, 2016 FBI Notification entitled “FBI Alert Warns of Criminals Seeking Access to… Continue Reading

Are US Privacy Laws Unconstitutional? We’ll find out in Microsoft’s new suit against the US Government!

Posted in eCommerce, Internet Privacy
The Electronic Communications Privacy Act (ECPA) 18 U.S.C. § 2705(b) violates the First and Fourth Amendments since the Constitution should “afford people and businesses the right to know if the government searches or seizes their property.” The April 14, 2016 Complaint for Declaratory Judgment filed in Seattle federal court against the US Department of Justice and… Continue Reading

Cybersecurity Advice to CEOs and Boards “Take more responsibility”!

Posted in Cyber, eCommerce
The White House and its top security advisors are regularly advised about cyberintrusions and as a result the “time has come for CEOs and Boards to take personal responsibility for improving their companies’ cyber security” according to Former White House Senior Director for Cybersecurity Sameer Bhalotra.  In the recent report from LogRhythm entitled “The Cyber… Continue Reading

Watch out for BEC (Business eMail Compromise- aka Spearphishing) which has cost $2.3+ BILLION!

Posted in Cyber, eCommerce
Since October 2013 there have been more than 17,642 BEC victims so the FBI recommended that businesses be “wary of e-mail-only wire transfer requests and requests involving urgency” and to pick “up the phone and verify legitimate business partners.”  The April 4, 2016 alert entitled “FBI Warns of Dramatic Increase in Business E-Mail Scams” included… Continue Reading

Cybersecurity Alert: monetization of malware is one of the 7 biggest threats!

Posted in Cyber, eCommerce, IT Industry
There’s no substitute for training employees to avoid opening obviously suspect email and attachments, and HP Enterprise (HPE) issued a report which disclosed “a continued rise in attackers’ success at infiltrating enterprise networks” and as a result “defenders must accelerate their approach to detection, protection, response, and recovery.”  The HPE report entitled “Security Research Cyber… Continue Reading

More advice on how to avoid Ransomware – verify & test disaster recovery backup!

Posted in Cyber, eCommerce, IT Industry
It’s one thing to backup data, and another to verify the backup was a success, but you also should test restoring backup data so you can “fix the issues before data gremlins such as hard drive failures, natural disasters, or ransomware delete your” data and intellectual property according to the article “How to review and… Continue Reading

Good advice from the FBI -9 ways to avoid Ransomware including not using the “same password for everything”!

Posted in Cyber, eCommerce
Ransomware is in the news every day, so it makes sense to follow the FBI’s warning to avoid paying a ransom of “hundreds to thousands of dollars” for “a type of malware that infects computers and restricts users’ access to their files or threatens the permanent destruction of their information…” The March 17, 2016 press… Continue Reading

Wow FTC Commissioner confesses she fell for email scam & announces her resignation!

Posted in Cyber, eCommerce, Internet Privacy
After Federal Trade Commission (FTC) Commissioner Julie Brill got a friend’s “email with an innocuous-looking Google Drive attachment. But after clicking on the link and entering in some of her personal information on the resulting page, she soon realized the truth: This was not a Google site at all.” The March 22, 2016 Washington Post… Continue Reading

Amazingly enough Hulk Hogan’s verdict may improve Internet privacy!

Posted in eCommerce, Internet Privacy
The Washington Post opined that the “$115 million legal body slam Friday against Gawker Media could have deeper implications for the debate between the public’s right to know (and the media’s right to report) and an individual’s right to privacy.” The March 21, 2016 article entitled “Hulk Hogan’s $140.1 million KO in courtroom could have… Continue Reading