Scarinci Hollenbeck, LLC
The Firm
201-896-4100 info@sh-law.comFirm Insights
Author: Scarinci Hollenbeck, LLC
Date: March 6, 2014
The Firm
201-896-4100 info@sh-law.comBusinesses around the world are closely monitoring the escalating crisis in the Ukraine. With both the United States and Russia threatening economic sanctions, including trade bans and asset freezes, the tension poses a real threat to companies with business interests in the region as well as to global markets.
While much of mainstream media coverage has focused on Russia’s incursion into the Crimea region of the Ukraine, a less obvious battle is unfolding on the Internet. Cyberattacks are on the rise.
Unlike traditional military action, cyber activity can be conducted under the radar, as it is often difficult to track and link back to its source. So far, both sides of the conflict have waged allegations of tampering against the other.
The Ukraine Security Service confirmed that the country’s telecommunications system has come under attack with “equipment installed in Russian-controlled Crimea used to interfere with the mobile phones of members of parliament.”
As The New York Times reports, hackers are also launching distributed denial-of-service (DDoS) attacks against news organizations on both sides of the conflict. Hackers have also penetrated and defaced at least one website. In Russia, RT.com fell victim to hackers who changed the word “Russians” to “Nazis” on several news articles.
The cyberattacks have not yet been linked conclusively to official government action. However, Russia is no stranger to the tactic. Prior to its 2008 invasion into Georgia, Russia flooded the country’s servers with DDoS attacks, essentially forcing the Georgians offline.
So far, the cyberattacks have been minor and contained to the region. However, should the situation escalate, Russia may turn its attention to Western targets who are perceived to support the Ukraine, including media outlets.
If you have any questions about this post or would like to discuss the issues involved, please contact me, Cyber Jurist Fernando Pinguelo, or the Scarinci Hollenbeck attorney with whom you work. To learn more about data privacy and security, visit eWhiteHouseWatch.
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Secured transactions form the backbone of a wide range of business dealings, including business loans, mortgages, and inventory financing. Because the stakes are often high and relatively minor oversights can have drastic consequences, lenders and borrowers should thoroughly understand how to form an enforceable security agreement that protects their legal rights. What Is a Secured […]
Author: Dan Brecher
Cashing a check marked “paid in full” can be a risky endeavor, particularly if you don’t fully understanding the legal implications. If you are owed more than the amount of the check you accept and deposit, you may waive your right to collect the full disputed amount. That is why you should consider either rejecting […]
Author: Dan Brecher
The One Big Beautiful Bill Act of 2025 (OBBBA) significantly impacts federal taxes, credits, and deductions. A key change relating to Qualified Small Business Stock (QSBS) allows greater tax-free gains for investments in startups and other qualifying small businesses. Company founders and other investors should understand how the enhanced tax strategy works or risk missing […]
Author: Dan Brecher
Corporate consolidation involves two or more businesses merging to become a single larger entity. The result is often a stronger and more competitive company that can better navigate today’s competitive marketplace. What Is Corporate Consolidation? Corporate consolidation closely resembles a basic merger transaction. The primary difference is that a consolidation creates an entirely new business […]
Author: Dan Brecher
Business law plays a critical role in nearly every aspect of running a successful enterprise, from negotiating a commercial lease to drafting employee policies to fulfilling corporate disclosure obligations. Understanding what is business law and your legal obligations can help your business run smoothly and build productive relationships with clients, business partners, regulators, and others. […]
Author: Dan Brecher
Corporate transactions can have significant implications for a corporation and its stakeholders. For deals to be successful, companies must act strategically to maximize value and minimize risk. It is also important to fully understand the legal and financial ramifications of corporate transactions, both in the near and long term. Understanding Corporate Transactions The term “corporate […]
Author: Dan Brecher
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!