Cybersecurity

Ransomware has quickly emerged as a billion dollar industry and shows no sign of slowing down. So why is ransomware the ubiquitous nuisance it is? Simple: It works. Over 70% of companies pay the ransom.

A common perception of today's legal services industry is that buyers of legal services have many more choices because legal services are disaggregating and unbundling. No longer are law firms the only option for clients with legal work; they now have a wider menu of providers from which to choose.

Anyone following the news headlines of late is aware that artificial intelligence (AI) is being heralded as the technology that will transform industries far and wide — including the legal profession. The evolution of technology in the practice of law today has already led to significant advances in data analytics and data visualization, each of which are having a significant impact on legal work.

The use of business email accounts and digital devices for personal communications can be risky for both employers and employees. However, employees of all levels may be commingling corporate communications with their personal information, according to new research.

The sort of ransomware attack experts have warned about for years has happened. Now organizations need to examine their security postures.

Two states recently enacted or proposed rules for financial services firms. This may be just the beginning of a national trend toward increased state regulation of cybersecurity matters. Financial services firms and their management should be prepared to proactively address the shifting regulatory landscape as it continues to evolve.

Retail giant Target has agreed to pay a total of $18.5 million in a settlement with 47 states over a 2013 consumer data breach that resulted in over 100 million pieces of credit card or personal information being stolen by hackers.

The number of records compromised in data breaches in 2016 increased an astounding 86% over 2015 breaches. This has led to numerous data breach litigations in the civil and regulatory context. What are the major cases and trends from 2016? And what can organizations do to try to reduce their risks of breaches and litigations?