Emerging Tech Law Podcast: Cybersecurity Updates and the Energy Industry

On this episode, Babst Calland Attorneys Nicholas Faas, Ember Holmes and Audra Hutter discuss the different kinds of cybersecurity threats facing companies.

All the key topics include:

  • Ransomware – a kind of malware that targets sensitive information, encrypts the information so it cannot be accessed, then demands a ransom in exchange for decryption.
  • Hacktivism – computer hacking done to further the goals of political or social activism.
  • Malware – a malicious software designed to disrupt, damage, or gain unauthorized access to a system by exploiting its vulnerabilities.
  • Phishing Scams – malicious emails or website links to infect a system. Phishing emails often appear to come from a legitimate organization or person, and they contain links or attachments that run malicious codes on the system, infecting it with malware.

In particular they look at how cyber threats are impacting the energy industry as detailed in the Babst Calland Report: https://reports.babstcalland.com/energy2022-2/

Listen to the podcast, here.

Guidance on steps to protect your business against cyberattacks

Recent high-profile cybersecurity breaches have highlighted how vulnerable even the largest businesses are to disruption. But even the smallest of businesses face risks, says Ashleigh Krick.

“Organizations may think they are not at risk and do not have valuable information, but they should think again,” says Krick, an associate at Babst Calland. “It does not matter what information you have when a hacker just wants money. It’s not just about data; it’s also about shutting down your business to force you to pay a ransom.”

Read more.

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