December 19, 2023
Provider Liability for Generative AI Companies
The swift rise of Generative AI has brought notable benefits to consumers. Despite this, rising concerns about potential harms and a surge of U.S. litigation, threaten AI’s continued progress. This...
December 11, 2023
All Tied Up? The Evolving Consumer Protection Focus on Repair...
As competition policy evolves with an increased emphasis on fairness, there has been a renewed focus on aftermarket repair restrictions–particularly the alleged tying of aftermarket parts or services. While rooted...
November 13, 2023
Hackers Claim ICBC Paid to End Ransomware Attack
A hacker group says the Industrial and Commercial Bank of China (ICBC) paid a ransom following an attack last week. The bank, which is China’s largest lender, disconnected itself from an electronic...
October 31, 2023
Anti-Ransomware Coalition Tells Hackers: We Won’t Pay
A 40-nation alliance reportedly plans to pledge to not to pay ransoms to cybercriminals. The U.S.-led International Counter Ransomware Initiative is making this promise amid a growing number of ransomware attacks, Reuters reported Tuesday...
October 18, 2023
Lloyd’s of London: Payments System Cyberattack Could Cost $3 Trillion
A report found that a major payment system cyberattack could cost $3 trillion. The report, “Illuminating cyber crime,” was published Wednesday (Oct. 18) by insurance marketplace Lloyd’s of London and...
October 04, 2023
Report: Hacker Group Scattered Spider Behind Clorox Cybersecurity Breach
In recent months, a group of hackers known as “Scattered Spider” has been making headlines for their involvement in major cyberattacks. This group, known for its social engineering tactics, has...
September 19, 2023
Security Expert: Casino Hacks Were Part of Wider Crime Wave
The hackers who broke into the systems of two casino giants recently also carried out cyberattacks on three other companies. That’s according to David Bradbury, chief security officer of the identity...
September 18, 2023
From Clorox to Casinos to Banks, Hacks Highlight Advantage of...
Hack by hack, the fraudsters are getting bolder. And for enterprises girding against the rising tide of disruption and ransomware, advanced technologies are integral parts of any line of defense....
September 15, 2023
Report: Casino Hacks Likely Caused by Malware-Driven Theft of Employee...
The recent cyberattacks on Caesars Entertainment and on MGM Resorts reportedly may have been launched with stolen login credentials. A cybersecurity company based in London, DynaRisk, discovered that the login credentials of MGM and Caesars employees were...