In early 2024, a finance employee in the Hong Kong office of engineering firm Arup joined a video conference that appeared to include the company’s chief financial officer and several colleagues. After receiving instructions during the call, the employee authorized multiple transfers totaling roughly $25 million. The other apparent participants were synthetic representations. Seeing is no longer believing.
Continue Reading The Deepfake Playbook for Counsel: Exposure, Gaps, and Controls
On Thursday, June 15, the Louisiana Office of Motor Vehicles (OMV) experienced a data security breach resulting in the loss of the personal information of potentially millions of Louisianans due to a global cyberattack involving the exploitation by hackers of a vulnerability in MOVEit Transfer, an electronic file transfer tool developed by Progress Software. In a press release, the OMV announced that it suspects the personal data of all individuals who possess a Louisiana state-issued driver’s license, ID, or car registration may have been exposed to the criminal cyber attackers, a ransomware gang known as “Clop.”
Continue Reading Louisiana OMV Data Breach – How Should You Respond?