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Information Security: The Human Factor
No one can deny that cyberattacks are the new norm. Such risks will increasingly challenge our ability to operate our businesses. In the world of cybercrime, everyone — from individuals to nation-states — is a target. However, some targets are more alluring than others.
Legal, accounting and other professional firms are increasingly targeted by cybercriminals and hackers who are intent on accessing the vast stores of data with which they are entrusted. Indeed, hackers focus a greater percentage of their attacks on the financial services and health care industries than other areas because of the large amounts of data they hold. But attacks are not limited to such firms. According to an Osterman Research Survey Report from August 2016, nearly 80% of businesses were attacked in some way in the past year; 39% with ransomware.
As an industry, legal professionals are the trusted advisers to large and small companies and often have access to closely held secrets, intellectual property, personally identifiable information (PII) and other data relating to the private lives of others. This savory (and sometimes unsavory) information is attractive to cybercriminals. Information is a valuable asset and may be sold for astonishing financial sums (and, sometimes, astonishingly small sums — the average ransom is below $1,000 according to the same Osterman study).
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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.
The Stranger to the Deed Rule
In 1987, a unanimous Court of Appeals reaffirmed the vitality of the "stranger to the deed" rule, which holds that if a grantor executes a deed to a grantee purporting to create an easement in a third party, the easement is invalid. Daniello v. Wagner, decided by the Second Department on November 29th, makes it clear that not all grantors (or their lawyers) have received the Court of Appeals' message, suggesting that the rule needs re-examination.