News & Analysis as of

Data Breach Due Diligence Risk Management

Jackson Lewis P.C.

We get Privacy for work – Episode 6: The Potential Privacy Risks Inherent to Mergers and Acquisitions

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To say mergers and acquisitions present significant risk is an understatement; however, additional vulnerabilities are being exposed as bad actors threaten to exploit privacy and data security leaks during the transition. ...more

Ropes & Gray LLP

Adversarial Machine Learning in Focus: Novel Risks, Straightforward Legal Approaches

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The Artificial Intelligence and Machine Learning (“AI/ML”) risk environment is in flux. One reason is that regulators are shifting from AI safety to AI innovation approaches, as a recent DataPhiles post examined. Another is...more

IR Global

New risks, new rewards - The Visionaries

IR Global on

The productivity paradox: Does more technology mean less growth? Nobel Prize-winning economist Robert Solow famously remarked, “You can see the computer age everywhere except in the productivity statistics.” This paradox...more

Bradley Arant Boult Cummings LLP

How Not to Make a Deal: 5 Key Cybersecurity Concerns in M&A

Cyber risks are increasing, and as a result, due diligence inquiries and valuations are increasingly focusing on the cybersecurity and privacy risks inherent in a business’s collection, use, retention and disposal of data. ...more

BCLP

Supervision of Vendors When Outsourcing - The Buck Stops with FINRA Member Firms

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Key Takeaways: ..On August 13, 2021, FINRA issued Regulatory Notice 21-29 (“RN 21-29”) to remind member firms that they must establish and maintain an adequate supervisory system, including written supervisory procedures...more

White and Williams LLP

Announced GDPR Fine Against Marriott Raises Reporting and Coverage Implications

White and Williams LLP on

Last week on July 9, 2019, the United Kingdom’s Information Commission Office (ICO) announced its intention to fine Marriott International £99.3 million (about $124 million), or 2.5% of Marriott’s worldwide annual revenue, in...more

Robinson+Cole Data Privacy + Security Insider

Marriott Announces Massive Data Breach—Illustrates the Importance of Cybersecurity in M&A Due Diligence

Marriott announced a major data breach, perhaps one of the largest in history. This breach illustrates the often made point that breaches and intrusions happen and go unnoticed for months or years....more

Bradley Arant Boult Cummings LLP

Understanding cyber insurance risks of target companies

Due to the dramatic increase and changing nature of cyber risks, mergers and acquisitions due diligence should expand to address cyber risks, available risk mitigation practices, and available insurance. Acquiring companies...more

Latham & Watkins LLP

Cyber Risk a Modern Concern for M&A Dealmakers

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Amid a growing number of high-profile corporate data breaches, cybersecurity is now a key issue for strategic acquirers. Thehack of Yahoo, which came to light midway through its 2016 takeover by Verizon, resulted in a US$350...more

Thomas Fox - Compliance Evangelist

Day 17 of One Month to More Effective Continuous Improvement-Financial Health Monitoring

Continuous improvement can take many ways, shapes and forms. Typically, when it comes to third-party risks, a Chief Compliance Officer (CCO) or compliance professional will consider the ownership structure to see if there is...more

Harris Beach Murtha PLLC

Protecting Data: Vendors May Be Your Weakest Link

A Verizon Communications vendor misconfigured a cloud server that caused the information of 6 million Verizon customers to be exposed on-line. When a cyber incident or data breach occurs on your vendor’s watch, regardless of...more

Fox Rothschild LLP

What are you doing to prevent a data breach

Fox Rothschild LLP on

A broker-dealer recently agreed to pay a $650,000 fine after an OSJ’s cloud vendor failed to adequately protect customer information. Apparently, an outside hacker was able to gain access to non-public personal information...more

NAVEX

Panama Papers Scandal Puts Third Party Risk in Focus

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The Panama Papers scandal should serve as a wake-up call for every organization—and it should prompt compliance officers to closely scrutinize the third party vendors they do business with. ...more

Blank Rome LLP

Mainbrace: October 2015, No. 4

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As with the world economy, the shipping markets are currently experiencing a major bout of volatility. The wide range of matters we are handling in our maritime law practice certainly reflects the current swings the shipping...more

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