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In your organization, who owns the responsibility of managing data privacy and security risks? One of the biggest misconceptions surrounding today's data privacy and security challenges is that the responsibility lies solely with an individual function, usually thought to be either the legal or information technology departments. The truth is, data protection is the responsibility of every individual in the company, and the legal and IT departments should only be drafting contractual languages, policies, and guidelines while working in tandem with each other.
As data privacy laws become increasingly complex, one of the biggest challenges facing companies today is the determination of which set of regulatory standards it should apply within the organization. Currently, security and privacy law is comprised of directives that have created a convoluted patchwork of laws. A directive can be interpreted and enforced by each individual state. Europe is aiming to fix this convoluted approach by making a universal regulation, which would be enforced by a centralized governing body, or a “one-stop shop.” Any complaints that cover security/privacy abuse, for any company processing EU data, would go to this central authority. Currently, we know that the European commission's privacy reforms are expected to set the standards around the world on data privacy and will likely be finalized before the end of 2015.
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?
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 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.
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.
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.