Flash Point For Law Firms: Time to Act on Cybersecurity Practices
On March 26th, two days after our “Current State of Affairs” post for the Legal Industry, the New York Times reported on an internal Citigroup memo discussing specific breach and security shortcomings at Law Firms.[1] Further, an April 8th Dealbook piece is again discussing Law Firms as vendors to major banks and Wall St. Firms [...]
Cybersecurity & The CCO – A Primer
Diligent CCOs know by this point that they have some responsibility when it comes to the security of their firm and its information. Most are only too painfully aware that within the heading of security, they must be informed on the topic of cybersecurity. But from where does this impetus derive? [...]
Aguilar Speaks (But You Should Read the Footnotes)
In a prepared speech at the Georgia Law Review Annual Symposium, SEC Commissioner Luis A. Aguilar covered a broad range of topics under the heading of “Preparing for Regulatory Challenges of the 21st Century.” Main points covered the ever-evolving markets and the need for high-quality information. In his closing statement, the [...]
Law Firms: The Current State of Affairs
Periodically, the heat is turned up on the Legal Industry and recently the New York Times reported on the concept of information sharing between Wall Street Banks and Law Firms.[1] This came to mind as I had breakfast with one of the policy architects of public/private initiative which led to the [...]
President Emphasizes New Mechanisms for Information Sharing
The White House announced Tuesday (January 13) that it will host a Summit on Cybersecurity and Consumer Protection at Stanford on Feb. 13, convening major stakeholders to help shape public and private sector efforts to protect consumers and companies from growing network threats. President Speaks about Cybersecurity https://www.youtube.com/watch?v=iB-LWx1ksmU 10:20 The President [...]
Insurance Companies will face scrutiny on Cybersecurity
On January 29, 2015, Officers and the leadership of the National Association of Insurance Commissioners (NAIC) have identified cybersecurity in the insurance sector as a key initiative for the year. This follows the formation of a Cybersecurity Task Force which was announced on November 19, 2014. The focus on cybersecurity practices at [...]