Biden Cyber Reporting Act Requires Ransomware Notice from Banks

Irina Baranova

Most banks and their service providers are familiar with the final rule governing notice for “notification incidents” and “cyber security incidents.” With compliance due by May 1, 2022, the rule establishes standards and deadlines for service providers to notify banks of such incidents and for banks to notify their primary federal regulator […]

Addressing Ransomware in Healthcare

Irina Baranova

There have been an alarming increase of ransomware attacks on healthcare systems in 2021—with more than 65 reported ransomware attacks on healthcare organizations in the third quarter alone and two-thirds of organization reporting that they had been targeted by ransomware strikes—a trend that is likely to continue in 2022. Ransomware in […]

The Human Cost Of Ransomware

Irina Baranova

CEO and founder of Illusive Networks, a leader in active cyber defense. getty This past September, the world was shocked to read a lawsuit claiming that a baby in Alabama had died at the hands of ransomware. On July 16, Springhill Medical Center was in the midst of an attack that […]