Corporate,
Data Privacy,
Law Practice,
Technology
Oct. 20, 2021
Amid surge of breaches, laws may mandate reporting of cyberattacks
In a deeply divided Washington, one thing politicians agree on is that cyber crime is a dark and deepening problem. A new report prepared by the Financial Crimes Enforcement Network, aka FinCEN, a part of the Department of Treasury, found that ransomware incidents in the first half of 2021 increased 30% over the number of incidents for the entire year of 2020.
Anita Taff-Rice
Founder
iCommLaw
Technology and telecommunications
1547 Palos Verdes Mall # 298
Walnut Creek , CA 94597-2228
Phone: (415) 699-7885
Email: anita@icommlaw.com
iCommLaw(r) is a Bay Area firm specializing in technology, telecommunications and cybersecurity matters.
In a deeply divided Washington, one thing politicians agree on is that cyber crime is a dark and deepening problem. A new report prepared by the Financial Crimes Enforcement Network, aka FinCEN, a part of the Department of Treasury, found that ransomware incidents in the first half of 2021 increased 30% over the number of incidents for the entire year of 2020.
In 2020, companies reported 487 ransomware incidents valued at...
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