Based on responses from 1,800 in-house counsel in 53 countries, the 2017 ACC In-house Trends Report covers trending topics such as the inside-outside counsel relationship, career mobility, professional development, department resource allocation, cybersecurity, professional privilege, and more.
Based on responses from 1,800 in-house counsel in 53 countries, the Global Perspectives: ACC In-house Trends Report covers trending topics such as the inside-outside counsel relationship, career mobility, professional development, department resource allocation, cybersecurity, professional privilege, and more.
Being the target of a cyber-attack is something no company ever wants to experience. The only thing that’s worse is getting sued for being the target of a cyber-attack. This article offers in-house counsel a crash course in cybersecurity regulation and litigation, focusing on the liabilities stemming from the disclosure of customers’ personally identifying information.
This panel will cover a wide range of issues relevant to in-house counsel including: dealing with seller-friendly deal environment; the role of in-house counsel in M&A; opportunities and pitfalls with earn-outs and other purchase price adjustment provisions; current due diligence hot button issues (including FCPA, OFAC and cybersecurity); shareholder activism; and lessons learned from recent M&A litigation.
In the modern digital age, the possibility of a data breach is an imminent threat to a company’s cybersecurity. To combat this, in-house counsel must help inform and engage the board regarding the most effective data protection practices to mitigate risk. By preparing for the inevitability of a data breach, in-house counsel can work symbiotically with the board to make sure that their company is organized and well protected.
Today’s data security environment is hostile. CLOs now supervise information security officers and compliance officers; therefore they must be aware of developing threats to cybersecurity. A new actor in this realm is the “Advanced Persistent Threat,” well-financed groups that may be sponsored by foreign governments, often carrying out strategic national objectives. From spear-phishing to zero day exploits, attempts to infiltrate corporate data are sophisticated and persistent.
This resource discusses cyber-risk, the threat that data breaches can hold and what Directors should do to protect their companies in the United States. This is resource is part of the National Association of Corporate Directors (NACD) Handbook Series.
If in-house counsel have learned anything from the recent onslaught of data breaches, it's that staying up-to-date on data security issues pays off. To identify red flags early, governments and various industries have created support organizations designed to share security-related information between members. You're not alone in the fight against cybercrime.