<b><i>Online Extra:</b></i> Am Law 200 Firms Spending $7M on Cybersecurity Annually
August 31, 2015
With unfettered access to critical documents and information, law firms are an attractive target for hackers. Even when firms employ cutting-edge data security techniques, their possession of corporate data still multiplies the surface area of risk for that information. A recent survey of the Am Law 200, which tapped nearly one-third of firm CIOs for their experience, is showing the extent to which the highest grossing firms are spending to mitigate the risk associated with data security.
Vendor Limitations of Liability for Security Breaches
August 02, 2015
Counsel advising companies on vendor contracts are in a tough spot. Cybersecurity risks presented by data outsourcing demand increasing attention and resources. At the same time, outsourcing of data to third-party vendors has become, in many instances, a business necessity.
The Art of Cyberwarfare
August 02, 2015
Cybersecurity is at a crossroads. No longer resigned to the confines of server rooms overseen by information technology, decisions regarding the protection of data have been forced into the boardroom by events that include breaches at main street businesses and revelations of clandestine government hacking activities.
Sensitive Data Loss is Not Inevitable
July 02, 2015
Global banking institutions are increasingly pressing outside law firms to demonstrate they are employing top-tier technologies to defend against cyber hackers. 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.
Get a (Law) Firm Grip on Data Breaches
July 02, 2015
This article describes some of the reasons law firms are cyber-attack targets, steps they can take to reduce their risk, and what clients are doing to encourage law firms in those efforts.
Derivative Cyber Litigation
July 02, 2015
Potential liability for data breaches has emerged as a major concern for businesses in the past few years as massive cyber-attacks are increasing, with companies that use or store private customer data electronically or use social media as part of their marketing strategy being the prime targets. These data breaches have contributed to an increase in director and officer (D&O) litigation in connection with cyber incidents, and will continue to do so.
Get a (Law) Firm Grip on Data Breaches
June 02, 2015
Law firms are as much at risk for cyber attacks as any other industry. Because of the lack of reporting requirements in the industry, it is unclear how many breaches have actually occurred. This article describes some of the reasons law firms are cyber-attack targets, steps they can take to reduce their risk, and what clients are doing to encourage law firms in those efforts.
Get a (Law) Firm Grip on Data Breaches
June 02, 2015
Law firms are as much at risk for cyber attacks as any other industry. Because of the lack of reporting requirements in the industry, it is unclear how many breaches have actually occurred. Fortunately, law firms are now recognizing the risk and beginning to take preventive action. This article describes some of the reasons law firms are cyber-attack targets, steps they can take to reduce their risk, and what clients are doing to encourage law firms in those efforts.
Cybersecurity Lawyers Getting Plenty of Company
June 02, 2015
High-profile data breaches in the past few years have been a wakeup call for corporate America ' and made cybersecurity and data privacy the next "it" practice for lawyers. There's been a gold rush to the field, practitioners say ' and the potential rewards have attracted some Johnny-come-latelies and pushed attorneys to seek out new ways of distinguishing themselves as experts.