CyberCapsule - May 2024

Lewis Brisbois Bisgaard & Smith LLP


Founded in 1979 by seven lawyers from a premier Los Angeles firm, Lewis Brisbois has grown to include nearly 1,400 attorneys in 50 offices in 27 states, and dedicates itself to more than 40 legal practice areas for clients of all sizes in every major industry.
On April 5, 2024, New Mexico Governor Michelle Grisham issued an Executive Order mandating comprehensive actions to enhance cybersecurity measures across the state's agencies.
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Improve Your Cybersecurity. And That's an Order!OnApril 5, 2024, New Mexico Governor Michelle Grisham issued anExecutive Ordermandating comprehensive actions to enhance cybersecurity measures across the state's agencies.

Prescription: No Salt in Wounds. OnApril 5, 2024, Tennessee Senator Shane Reevesintroduceda bill that would make it harder for victims of a data breach to sue. Under the bill, a private entity cannot be civilly liable in a class action resulting from a cybersecurity event unless the event was caused by willful, wanton, or gross negligence on the part of the private entity.

Let's Can Spam. OnApril 15, 2024, Microsoftannouncedthat it will impose limits on the Exchange bulk emails to 2,000 each day. The limitation will begin in January 2025.

No Plan for a Ban. OnApril 16, 2024, Kemba Walden, the former acting national cyber director,saidthat a ransom payment ban is not presently feasible, as a ban could bankrupt small- and medium-sized businesses that the American economy relies upon.

AI Put to the Task. OnApril 17, 2024, Cybercomannounceda task force in concert with the Department of Defense to identity and apply AI in cybersecurity to close vulnerabilities across DOD networks.

NATO and Co.OnApril 18, 2024, NATOannounceda new facility, the Cyber Center, where civilians and military and industry experts can work together to address potential cyber threats.

CISA Pilot Program Taking Flight. OnApril 25, 2024, CISAannouncedthat over 7,000 organizations have signed up for its pilot program, which warns organizations about potential ransomware attacks.

As The World Turns

Ransomware Attackers Taking a Bite Out of Food and Agriculture. Food and Agriculture-Information Sharing and Analysis Center'sApril 16, 2024annual reportrevealedthat the US food and agriculture sector experienced at least 167 ransomware attacks last year alone.

Money, Money, Money. AnApril 18, 2024joint advisorynotes that the Akira ransomware group has extorted $42 million from 250 victims since March 2023. Akira typically obtains access through VPNs not protected with MFA, exploiting known Cisco vulnerabilities.

AI, PI, and IP Walk Into a Bar. AnApril 19, 2024NSA reportnotesthat threat actors can use AI to target a company's PI and IP.

For Whom the Bell Tolls. OnApril 19, 2024, the FBI warned of social engineering attacks using fake text messages to fool people into downloading malware, sharing sensitive information, or even sending money to threat actors.

As if Online Dating Wasn't Hard Enough Already. OnApril 26, 2024, the FBIissueda PSA warning of "free" online verification service schemes fraudsters use to target users of dating websites and applications (apps) to defraud victims into signing up for recurring payments."

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