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Ransomware Costs Businesses Record-High $1 Billion in 2023: Your 5-Step Plan to Prevent Attacks in 2024

by in Legal, Risk Management, Safety & Security, Technology. Posted February 22, 2024
2023 was the most devastating year yet for ransomware attacks, with businesses forking over $1 billion in ransom payments for the first time ever – and 2024 is expected to be even worse. Beyond the payments, the average cost of each ransomware attack last year was over $5 million. Given these unprecedented statistics, ransomware attacks ...
Tags AI Cybersecurity Fisher Phillips Legal Issue Ransomware Safety and Security Technology
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System hacked warning alert on notebook (Laptop). Cyber attack on computer network, Virus, Spyware, Malware or Malicious software. Cyber security and cybercrime. Compromised information internet.

Scammers Exploiting Corporate Transparency Act To Get Your Private Information

by in Risk Management, Safety & Security, Technology. Posted January 4, 2024
With the Corporate Transparency Act (“CTA”) going into effect on January 1, 2024, it should come as no surprise that bad actors are already exploiting the new law to collect personal information from companies and use it for unlawful purposes. As we discussed in an earlier CSG Law client alert, The Corporate Transparency Act: How Will ...
Tags Corporate Transparency Act CSG Law Cybersecurity Risk Management Safety Security Technology
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Ransomware Malware Attack. Business Computer Hacked. Security Breach

Are cyberattacks an OSHA Issue?

by in Human Resources, Insurance & Loss Prevention, Legal, Risk Management, Safety & Security. Posted October 31, 2023
As technology evolves, unfortunately, so do ways to hack that technology. The recent cyberattacks in several casinos in Las Vegas are just one recent example of the growing concern about cyberattacks on businesses and the tremendous consequences and liability that may result from such attacks. Could OSHA be one such concern? At first blush, any ...
Tags Cybersecurity Legal Issue OSHA Risk Management Safety and Security Technology
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