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Untangling the Mystery of Cybersecurity Insurance
IT security professionals used to warn that only two types of businesses exist: those that have been hacked, and those that will be. Now, many are even more pessimistic, and divide the world's businesses into companies that know that they have been hacked, and those that don't.
Law firms are juicy targets with all the personal identifiable information (PII) contained in client files. Intellectual property practices are especially attractive to cyber thieves because of the value of patent, trademark and trade secret information.
While it is unlikely that every company has experienced a data breach (whether known or unknown), no business is immune from this threat. Cyber incidents have become the third largest risk to businesses worldwide, according to a recent report from the Insurance Information Institute. These cyber threats impact both small and large businesses, nonprofit and publicly traded corporations, and even local and federal governments. The actors behind these threats are as wide-ranging as their targets. In recent years, we have seen state-sponsored attacks against businesses for political purposes, hacktivists seeking social change, and a plethora of individual attacks for financial gain. The recent spate of high-profile breaches show that many of these incidents play out very publicly, and may have devastating and long-lasting consequences.
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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.
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.
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.
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?