A hacking group called Deceptikons APT has been targeting law firms for years by attempting to spear-phish and infect host computers, reports cybersecurity firm Kaspersky Lab. A Kaspersky briefing states that the group's motivations likely include "obtaining specific financial information, details of negotiations, and perhaps even evidence of the law firms' clientele."
The FBI is warning online shoppers to be on the alert for fraudulent e-commerce websites that offer what appear to be great deals but never deliver the merchandise. The sites are typically accessed through social media or search engine shopping pages, and they have privately registered domains with URLs ending in .top or .club.
Zello is mandating a password reset for all 140 million users of its push-to-talk app after a data breach in which email addresses and hashed passwords were exposed. Customers using Zello Work and Zello for First Responders were not affected by the breach.
Google Cloud and Tanium, a provider of cybersecurity software, are partnering on a service that helps large companies detect and investigate advanced, long-term attacks. Tanium's Threat Response and Google Cloud's Chronicle, working together, can offer analysis of up to a year's worth of endpoint activity to scope out persistent threats.
Security experts are warning of a sharp rise in cyberattacks, with some saying hedge funds are particularly vulnerable. The potentially high reward of attacking a hedge fund, along with funds' relative lack of precautions and the recent shift to working from home, are cited as factors.
New Zealand's Privacy Act 2020 goes into effect Dec. 1, with fines of up to $10,000 per breach. Among other things, the law states that companies may transfer personal data overseas only if the nations where the data is being sent have privacy laws on par with New Zealand's.
Cryptocurrency trading platform Bitfinex is offering up to approximately $400 million to anyone who can return up to 119,756 bitcoin -- now worth $1.335 billion -- that were stolen in 2016. The company is also offering 5% of the bitcoin recovered to anyone who puts them in contact with the hackers who stole the bitcoin.
HaystackID, which offers e-discovery and forensic services, is merging with enterprise data provider NightOwl Global. The combined company will be run by Haystack ID CEO Hal Brooks and retain that name, with NightOwl Global chief Andrea Wallack joining the board and becoming president of the combined company.
The future is barreling down the tracks, and many legal professionals question whether they are prepared, finds the "2020 Future Ready Lawyer: Performance Drivers" survey from Wolters Kluwer. The three changes most expected: Using technology to increase productivity (83%); more specialization (80%) and increased innovation (75%).
Almost 2 in 3 respondents to a survey from EY Law use alternative legal service providers for "discrete tasks," such as e-discovery, or not at all. John Knox, EY Law's global leader for legal managed services, says external events such as COVID-19 or a recession might drive more business for ALSPs.