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Cyber In security News


Australia's Parliament House
Welcome to our ransomware issue. It kicks off with our interview with Roy Hadley on the one-year anniversary of an event he will never forget: the attack that rattled the city of Atlanta. It remains the most prominent cyberattack on an American city to date, and Hadley was called in the day it happened. His account of the experience is gripping, and it contains all kinds of lessons for in-house lawyers. We follow that with the highlights of a webinar that underscores how fast these attacks are growing, and helps explain why. A third feature examines the closely watched lawsuit filed by a company that sued its carrier for refusing to pay its claim following a ransomware attack. ​ READ
David Hechler, Editor-in-Chief
A year later, a lawyer talks about what he learned battling the largest known attack that crippled the infrastructure of an American city.
In March 2018, Roy Hadley, Jr., got one of those calls that a lawyer never forgets. His city had been attacked, and it needed his help. A year later, Hadley recalls the work that was required to restore essential services, and to protect the city from further damage. He was a skilled lawyer who had been through cyberattacks before, but this was different. The stakes and the level of complexity made it extraordinarily challenging. And the lessons he learned were invaluable. READ
A veteran lawyer recounts the challenges he’s experienced over the past quarter-century. 
In this second and last installment of our interview with Stewart Baker, the Steptoe & Johnson partner recounts the back-breaking labor of helping to create from scratch the Department of Homeland Security. He also discusses the origins of the privacy war between the U.S. and Europe, the impact that Edward Snowden’s revelations have had on the National Security Agency, and the approach that general counsel should adopt to defend their companies against cyberattacks. READ
Carriers nurtured the market’s fast growth by quietly paying claims—until now.
By Matt Fleischer-Black

Cyber insurance has been growing rapidly. What was once a novelty is now seen by many companies as a necessity. And carriers have been nurturing the market in part by paying claims with few complaints. But now the denial of a claim that resulted from the global NotPetya ransomware attack has taken center stage. The carrier claimed that the attack fell under its war exclusion, and the company sued. A lot is riding on the outcome. READ
A webinar takes a close look at a large and growing area of cyber crime.
By David Hechler
Think ransomware is another company’s problem? Or an urban legend designed to sell Bitcoin? Maybe it’s time to think again. Ransomware is the fastest growing malware threat today. There are 4,000 attacks a day. By the end of this year, they are expected to occur every 14 seconds. The resulting damages totaled $8 billion last year. That number is expected to rise by 50 percent to a whopping $12 billion this year. Is your company ready? READ

Some of the victims of data breaches in recent years