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Recent ransomware attacks against U.S. critical infrastructure, which includes the energy sector’s production of oil and natural gas, and other sources of electricity and power, have shed a spotlight on the importance of staying updated on sector-specific techniques, tactics and procedures (“TTPs”), and preventative and remediation actions.
This Client Alert will: (1) provide a brief background on the nature and risks of ransomware on critical infrastructure; (2) discuss the current ransomware threat landscape; (3) note legal considerations companies should take into account when determining how to respond to ransomware attacks; (4) discuss recent calls for cybersecurity oversight; (5) provide an overview of recent public ransomware incidents; and (6) set forth potential steps companies can take to mitigate the risks of ransomware.