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Ragnar Locker ransomware group breached at least 52 organizations across 10 critical infrastructure sectors

Security Affairs

The US Federal Bureau of Investigation (FBI) and CISA published a flash alert to warn that the Ragnar Locker ransomware gang has breached the networks of at least 52 organizations across 10 critical infrastructure sectors. The flash alert includes a series of mitigations to neutralize such attacks: Back-up critical data offline.

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Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

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Law enforcement operation seized Ragnar Locker group’s infrastructure

Security Affairs

The police on Thursday seized the Tor negotiation and data leak sites. The ransomware operation has been active since late December 2019, the FBI published two flash alert to warn of the operation of the group. This is an important achievement in the fight against cybercrime. Both FBI and Europol declined to comment on the events.

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FBI obtained 7,000 LockBit decryption keys, victims should contact the feds to get support

Security Affairs

The FBI is informing victims of LockBit ransomware it has obtained over 7,000 LockBit decryption keys that could allow some of them to decrypt their data. “Additionally, from our ongoing disruption of LockBit, we now have over 7,000 decryption keys and can help victims reclaim their data and get back online.”

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NYDFS settles cybersecurity regulation matter for $1.8 million

Data Protection Report

On May 13, 2021, the New York Department of Financial Services (NYDFS) announced a $1.8 million settlement with two related insurance companies, relating to violations of two different requirements of the NYDFS cybersecurity regulation during the period 2018 to 2019. Affiliate #1 notified NYDFS on November 25, 2019.

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SEC Announces Settled Charges Against First American for Cybersecurity Disclosure Controls Failures – Lessons Learned

Data Matters

In the Order, the SEC alleges that First American’s disclosures concerning the vulnerability were deficient because senior executives were not provided all available and relevant information, specifically that First American’s information security personnel had identified and failed to remediate the vulnerability months earlier in January 2019.

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Privacy and Cybersecurity Top 10 for 2018

Data Matters

This past year was marked by ever more significant data breaches, growing cybersecurity regulatory requirements at the state and federal levels and continued challenges in harmonizing international privacy and cybersecurity regulations. As we begin this New Year, here is list of the top 10 privacy and cybersecurity issues for 2018: EU GDPR.