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When Your Data Goes Viral: Insurance for Data Breaches
Data breaches are part of the technological age. Indeed, 2013 was dubbed the year of the “mega breach,” and in 2014, as of Sept. 23, 2014, there had been 568 publicly reported data breaches, exposing 75,097,642 records. See Identity Theft Resource Center, 2014 Data Breach Category Summary (Sept. 23, 2013) (http://bit.ly/15MUZlF). In early October 2014, JPMorgan Chase reported a data breach affecting as many as 76 million households and 7 million small businesses, making it one of the largest data breaches ever reported.
A data breach typically involves the unauthorized release or access of personal or confidential information. Personal information includes names, addresses, Social Security numbers, financial information, or health information. In addition to personal information, a data breach can also jeopardize a company's confidential information such as client records, trade secrets, privileged legal information, or employee records. Although many associate data breaches with hackers or cyberattacks, human error, such as a mistake in computer coding or losing a company laptop, also have resulted in significant breaches. A 2014 study concluded that 44% of data breaches were from malicious or criminal attacks against an organization, but 31% resulted from employee negligence and 25% resulted from system glitches. And at press time,'a new'Sony data breach, allegedly carried out by the North Koreans,'was all over the media, with informaton still to come.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
Protecting Innovation in the Cyber World from Patent Trolls
With trillions of dollars to keep watch over, the last thing we need is the distraction of costly litigation brought on by patent assertion entities (PAEs or "patent trolls"), companies that don't make any products but instead seek royalties by asserting their patents against those who do make products.