Tag Archives: cyberattacks

Deeper Dive: Frequency and Severity

All industries are affected by cyberattacks, but how often and to what extent they occur vary greatly by industry type. Industry Type As for frequency, the healthcare industry in 2016, for the third year in a row, saw the greatest number of incidents and by a wide margin. Specifically, about 35 percent of the incidents … Continue Reading

Deeper Dive: State-Backed Attack Groups Target U.S. Businesses

In 31 percent of the data security incidents that BakerHostetler’s Privacy and Data Protection Practice Team helped clients address in 2015, attackers used phishing, hacking and malware to access client data. 2016 Data Security Incident Response Report, 3. Chinese state-supported attackers have long targeted the intellectual property of U.S. businesses. As we discussed in an … Continue Reading

Lloyd’s Report Highlights Risk of Cyberattacks on National Power Grid

A sophisticated cyberattack on the U.S. power grid could cause nearly $250 billion in economic losses and, under the most severe circumstances, cost more than $1 trillion to the U.S. economy, according to a recent report prepared by Lloyd’s and the University of Cambridge Centre for Risk Studies. The Business Blackout Report considers the impacts … Continue Reading

‘Going Postal’ Over Data Breach Response: Union Files Failure-to-Bargain Charge With NLRB Against USPS

As recent high-profile cyberattacks have demonstrated, employers have a duty to protect their employees’ electronically stored personal information from being accessed by hackers, and to promptly remedy any breach in security concerning such information. Depending upon the outcome of a recently filed charge before the National Labor Relations Board (“NLRB” or the “Board”), unionized employers … Continue Reading
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