Cyber Advice to Lawyers: Advanced Persistent Threats (APTs) are directed at your clients!

20 January 2015 Internet, IT & e-Discovery Blog Blog
Authors: Peter Vogel

According to a recent Kaspersky Lab Report every “corporation, regardless of its size or industry, is at risk of becoming the victim of a targeted attack by a variety of threat actors including APT groups, politically-driven “hacktivists,” and more advanced cybercriminals, who offer their services for hire.”

The report entitled “The Evolution of Corporate Cyberthreats” goes on to say:

All APTs are vehicles for cybercrime but not all cybercrimes involved APTs.

Although both are based on monetary gain, APTs specifically target more sensitive data including passwords, competitive intelligence, schematics, blueprints, and digital certificates and are paid for by third-party clients or resold in the underground.

General cybercrime operations are direct “for profit” attacks and target customers’ personal and financial information which can be quickly monetized and laundered underground for ID theft and fraud.

Here are different types of target attacks identified by Kaspersky:

  • Economic Espionage: Targeted Information: Intellectual property; proprietary information; geopolitical, competitive or strategic intelligence
  • Insider Trading Theft: Targeted Information: Pending M&A deals or contracts; upcoming financial earnings; future IPO dates
  • Financial & Identify Theft: Targeted Information: Employee and customer personally identifiable information; payment transactions; account numbers; financial credentials
  • Technical Espionage: Targeted Information: Password or account credentials, source code, digital certificates; network and security configurations; cryptographic keys; authentication or access codes
  • Reconnaissance and Surveillance: Targeted Information: System and workstation configurations; keystrokes; audio recordings; emails; IRC communications; screenshots; additional infection vectors; logs; cryptographic keys

In order to assist clients lawyers need to learn more about APTs!

This blog is made available by Foley & Lardner LLP (“Foley” or “the Firm”) for informational purposes only. It is not meant to convey the Firm’s legal position on behalf of any client, nor is it intended to convey specific legal advice. Any opinions expressed in this article do not necessarily reflect the views of Foley & Lardner LLP, its partners, or its clients. Accordingly, do not act upon this information without seeking counsel from a licensed attorney. This blog is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Communicating with Foley through this website by email, blog post, or otherwise, does not create an attorney-client relationship for any legal matter. Therefore, any communication or material you transmit to Foley through this blog, whether by email, blog post or any other manner, will not be treated as confidential or proprietary. The information on this blog is published “AS IS” and is not guaranteed to be complete, accurate, and or up-to-date. Foley makes no representations or warranties of any kind, express or implied, as to the operation or content of the site. Foley expressly disclaims all other guarantees, warranties, conditions and representations of any kind, either express or implied, whether arising under any statute, law, commercial use or otherwise, including implied warranties of merchantability, fitness for a particular purpose, title and non-infringement. In no event shall Foley or any of its partners, officers, employees, agents or affiliates be liable, directly or indirectly, under any theory of law (contract, tort, negligence or otherwise), to you or anyone else, for any claims, losses or damages, direct, indirect special, incidental, punitive or consequential, resulting from or occasioned by the creation, use of or reliance on this site (including information and other content) or any third party websites or the information, resources or material accessed through any such websites. In some jurisdictions, the contents of this blog may be considered Attorney Advertising. If applicable, please note that prior results do not guarantee a similar outcome. Photographs are for dramatization purposes only and may include models. Likenesses do not necessarily imply current client, partnership or employee status.

Authors

Related Services

Insights

A Review of Recent Whistleblower Developments
19 July 2019
Legal News: Whistleblower Developments
Cloud security inadequate for Cyber threats, are you surprised?
19 July 2019
Internet, IT & e-Discovery Blog
Blockchain: A Tool With a Future in Healthcare
18 July 2019
Health Care Law Today
Do You Know What IMMEX Stands For?
16 July 2019
Dashboard Insights
Review of 2020 Medicare Changes for Telehealth
11 December 2019
Member Call
2019 NDI Executive Exchange
14-15 November 2019
Chicago, IL
MAGI’s Clinical Research Conference
29 October 2019
Las Vegas, NV
Association for Corporate Counsel Annual Meeting 2019
27-30 October 2019
Phoenix, AZ