Tag archives: FBI

FTC Enforcement Possible for Failing to Guard Against Ransomware

Data Protection Report - Norton Rose FulbrightRecent comments by FTC Chairwoman Edith Ramirez suggest that a company’s failure to take preventative measures to address ransomware could result in an enforcement action by the FTC, even if a company is never actually subject to a ransomware attack. The Chairwoman’s comments reflect a growing concern among US government agencies regarding ransomware and may … Continue reading

The Business E-mail Compromise attack – what your company should know to prevent attacks and recover fraudulent wire transfers

Data Protection Report - Norton Rose FulbrightThe Federal Bureau of Investigation (“FBI”) issued Public Service Announcement (“PSA”) I-082715a, updating a previous PSA describing the “Business E-mail Compromise.” The FBI defines the Business E-mail Compromise as “a sophisticated scam targeting businesses working with foreign suppliers and/or businesses that regularly perform wire transfer payments. The scam is carried out by compromising legitimate business … Continue reading
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