Analysis

Kaseya Ransomware Hit Casts Wide Net Of Potential Liability

Law360 (July 9, 2021, 8:42 PM EDT) -- A cyberattack on software vendor Kaseya that led to a widespread ransomware spree may also cast a wide net of liability, with regulators and potential plaintiffs likely to question whether Kaseya took reasonable steps to prevent the attack and if victims appropriately vetted their vendors.

In the wake of the attack, which the Miami-based software company says impacted up to 1,500 organizations across the globe, U.S. regulators may urge victims to disclose whether they've been affected and threaten enforcement for companies that keep their involvement secret, cybersecurity attorneys say. Class action attorneys, meanwhile, could home in on whether ransomware victims — many of...

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