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Sensitive Data Loss is Not Inevitable
According to the New York Times, global banking institutions are increasingly pressing outside law firms to demonstrate they are employing top-tier technologies to defend against cyber hackers. See, “Citigroup Report Chides Law Firms for Silence on Hackings.” In some cases, firms are being asked to fill out 60-page questionnaires detailing their cybersecurity measures in minute detail, while others must consent to on-site inspections.
Although perhaps extreme, the above examples demonstrate just how seriously banks are taking the threat of cyber crime and why the firms they work with must do the same. Below are five recommendations that will help your firm meet the stringent requirements coming from the banks, while also ensuring all client data stays out of the wrong hands.
1. Identify Where Sensitive Data Is At Risk
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?