According to the FBI, billions of dollars are lost every year repairing computer systems and networks hit by cyberattacks like ransomware. The 2019 Internet Crime Report notes that in 2019 alone, the FBI’s Internet Crime Complaint Center received 467,361 complaints of cybercrime with reported losses exceeding $3.5 billion. While the number of ransomware attacks has

William C. Wagner
Bill is a seasoned trial lawyer who concentrates his practice on complex commercial litigation, environmental law, and white collar criminal defense. He holds the CIPP/G, CIPP/US, CPCU designations, is a member of the Sedona Conference Working Groups on Data Security and Privacy Liability, and Electronic Document Retention and Production, and serves as a Steering Committee Member to DRI’s Government Enforcement and Corporate Compliance Committee.
Public Company CEOs: Do Not Misstate Your Coronavirus COVID-19 Supply Chain Difficulties
With the stock market dropping 3,500 points last week, panicked over the latest coronavirus scare, COVID-19, public companies should expect plaintiff class action securities lawyers to pounce on any material misstatements or omissions made in their press releases and public disclosures, including misstatements about supply chain difficulties.
According to Thomas Insights, 60%…
The Cost to Comply With DoD’s Cybersecurity Requirements to Be Reimbursable
Law360 published an article recently with the title, “DoD Official Says Cyber is an Allowable Contractor Cost.” The article states that the U.S. Department of Defense (DoD) will allow defense contractors to treat the costs of bringing their cybersecurity programs in line with DoD requirements as an allowable cost and, therefore, reimbursable. Specifically, at the
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False Claims Act Case Based On DoD’s Cybersecurity Regulations Survives Motion to Dismiss
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