Legal Outsourcing 2.0’s Post

Many companies don't realize cybersecurity measures are needed, until they realize it was, in fact, necessary. A data breach class action was filed against an insurance company on behalf of over 2 million customers, following a cyberattack by a notorious group that compromised personal and health information. This is the third class action related to the breach filed in the U.S. District Court of New Jersey since June, alleging the company failed to adequately train employees or take sufficient safety measures. The case underscores the importance of companies maintaining serious safety measures to prevent breaches and protect customer data from cyberattacks. Follow Intellectual Data for more news related to legal technology and eDiscovery! 📖To read more about the filed complaint, click on the link below. 👇 https://lnkd.in/gR3pnH5z 🌏A Trusted E-Discovery Partner, Intellectual Data https://lnkd.in/gJzAyPYc #ediscovery #e디스커버리 #이디스커버리 #legal #리걸 #legaltech #리걸테크 #특허소송 #국제특허소송 #국제소송 #특허분쟁 #국제특허분쟁 #인텔렉추얼데이터

📢 Coming Up on Monday: Don't miss our interview with Rudi Kesic, our visionary CEO of Verify 365 and Lawtech Software Group…. 👇 We discuss how the company is transforming the legal sector with its innovative software, such as Verify 365® - Risk & Compliance Technology’s groundbreaking approach to combating fraud and identity theft, simplifying AML compliance for #lawyers, and setting new standards in #legaltech. Rudi’s vision for Lawtech Software Group centers on creating “The Gateway” - a unified, single platform that revolutionises legal technology. His tech ecosystem aims to integrate essential legal processes including onboarding, compliance, case management, doc management, and billing into one seamless, efficient platform, ensuring not just compliance and efficiency, but also a more cohesive and user-friendly experience. His “collaborative mandate” concept is focussed on enhancing client engagement, communication, and transparency, and this tech-driven strategy promises a new era of efficiency and satisfaction in legal services. Rudi’s ambition is to redefine legaltech, making it more accessible, reliable, and robust for practitioners worldwide. He also shares insights on the company’s global expansion into Toronto, New York, and Sydney, showcasing #UK tech on the world stage and creating impactful job opportunities. Stay tuned for a fascinating discussion on reshaping the future of legal practices. INTERVIEW COMING THIS MONDAY…. 📢 #law #lawyers #legalinnovation #technology

Definitely worth reading and a spotlight on why our profession is so important. Evidence management should be policy driven and then supported by software and well trained teams.

What does the ongoing growth in data breach class actions mean for individuals, attorneys, and administrators? This is an interesting look at the growth in these cases, challenges identifying and compensating class members, and likely next steps. What do you think? https://lnkd.in/ghX7ERa6 #ClassAction #DataBreach #Lawsuit

👔 White Collar Forensic LLC Tuesday Tips of the Trade - Have a Plan💡 🗓 Each Tuesday, we offer a different piece of guidance intended to assist organizations on how to be better prepared for the things that go bump in the night. 🔮 None of us can see the future. Investigations work best when you're working from a playbook. An investigative playbook comes together from whiteboard sessions in which you ask representatives from relevant parts of the organization a series of questions. ❓ What investigations have happened in the past, what was our response and what did we learn ❓ ❓ Is there anything to be learned from bad things that have happened in our peer group ❓ 💡 What could happen? 💰 Embezzlement. 🔍 Search warrant or arrest. 🏛 🏛 Regulatory action. 💻 Data breach. ☠ Ransomware. 📒 Accounting fraud. 😡 Workplace violence. ⛔ Harassment. ⚠ Racial bias. 💸 Kickbacks. 🚓 Theft . ⏭ Once you've considered what could happen, it's time for some realistic self-assessment. 🕵🏽♀️ Who on our payroll is qualified to lead an investigation? ⚖ Are there any former prosecutors, law enforcement or regulators in house? 💻 Do we have a process for the review of email and data recovered from devices? 🔍 What about background investigations, forensic accounting, insurance claims, witness interviews, surveillance, training, law enforcement liaison, and crisis communications? 📌 Done correctly, you will be able to accomplish a few things. Identify the people in your organization who should lead investigations and others who can make valuable contributions. You will have a better idea what could happen and will have formulated checklists of what do when they do occur and who should oversee them. And in most organizations, you will have identified gaps in personnel, skill sets, technology, and capabilities. 🚒 Let's say for example, you don't think you have the ability to do background investigations, aren't comfortable with your ability to conduct witness interviews and don't have the right personnel or technology to collect and examine email and electronic evidence or perform forensic data analysis. 🆔 Identify one or several firms that can fill those gaps and put master services agreements in place so that contracting delays and vendor onboarding processes don't prevent you from deploying those firms on short notice. Most firms are willing to contract with you without a retainer. 🖊 Write it all down. Take everything you've learned and turn into your investigations playbook. Get it approved and make it a matter of policy. Make sure every person and department that is expected to play a role has a copy and knows what their role is. 🔨 If you do all of these things, you will find that your next internal investigation will feel a lot less like playing whack-a-mole and a lot more like crisis response 101. https://lnkd.in/exb_Prg8 #WhiteCollarForensic #TuesdayTips #InvestigationsPlans

The concept of investigation refers to the systematic process of gathering, analyzing, and evaluating information or evidence to uncover facts, answer questions, or resolve uncertainties regarding a particular event or situation. Investigations are typically conducted to determine the cause of incidents, verify allegations, identify perpetrators, or establish the truth behind a specific issue. Key Elements of Investigation: 1. Purpose: The main goal is to uncover facts, establish what happened, and, if relevant, identify those responsible or clarify the cause. 2. Planning and Preparation: Before starting, investigators define objectives, gather preliminary information, and determine the necessary resources. Planning helps streamline the investigation and ensures the right approach. 3. Evidence Collection: Investigators collect data, documents, physical evidence, or witness testimonies. The accuracy, reliability, and legality of the evidence are critical to building a strong case. 4. Interviews and Questioning: Interviews are conducted with witnesses, suspects, and involved parties to gather direct information, verify facts, or clarify inconsistencies. 5. Analysis: Collected evidence is analyzed to establish patterns, timelines, and connections between events or individuals. Investigators often look for inconsistencies or corroborating facts to draw conclusions. 6. Conclusion: Based on the analysis, investigators form conclusions, which may involve identifying the cause, confirming the truth of allegations, or recommending actions based on the findings. 7. Reporting: The findings are summarized in an investigation report, which includes evidence, analysis, conclusions, and, if relevant, recommendations for further actions or sanctions. Types of Investigation: 1. Criminal Investigation: Conducted by law enforcement agencies to solve crimes, identify perpetrators, and gather evidence for prosecution. 2. Internal/Corporate Investigation: Conducted within organizations to address violations of company policy, fraud, or other internal misconduct. 3. Forensic Investigation: Focuses on the application of scientific methods (e.g., digital forensics, forensic accounting) to uncover evidence in legal or criminal cases. 4. Accident Investigation: Aimed at determining the cause of accidents, such as in the workplace or transportation, to prevent future occurrences. 5. Civil Investigation: Related to legal matters that are not criminal in nature, such as lawsuits or disputes between individuals or organizations. Principles of an Effective Investigation: Objectivity: Avoiding bias to ensure impartial fact-finding. Thoroughness: Ensuring all possible leads are pursued and all relevant evidence is considered. Confidentiality: Maintaining the privacy of involved parties and sensitive information. Legality: Ensuring all procedures comply with legal standards to avoid compromising the investigation or violating rights.

As most will know, I live and breath strategic partnerships. In fact, it could be said that I am absolutely passionate about strategic partnerships! One of my core focuses for the week is collaborating with law firms, estate agents, and service providers to implement a cutting-edge vendor fraud protection software solution. With the SRA expanding its sectorial risk assessment to include vendor fraud, it's crucial for legal professionals and estate and lettings agents to rethink their approach to onboarding. Don't assume your standard procedures are enough! Let's connect to explore partnership opportunities or to onboard this tech to safeguard against fraud. #StrategicPartnerships #FraudProtection #LegalTech

Check out the latest analysis on 2023 data breach litigation decisions and their impact. #databreach #litigation #2023trends

Checklist: How to Manage Privacy and Cybersecurity Law Risks in Vendor Contracts

📂 Forensic Case File - ⚕ Medical Equipment Leasing Fraud 🤷♀️ Meet Genevieve. Genevieve is the General Counsel for Europe-based diagnostic imaging company. Numerous customers in a specific country have defaulted on their medical equipment lease agreements and she didn't like the answers she's was getting as to why. 👔 The company retained a White Collar Forensic LLC professional to lead the 🕵♂️ forensic accounting investigation, quantify losses and determine if they could be recovered from the company's fidelity insurance policy. 🔓 The investigation revealed an elaborate fraudulent scheme in which two executives improperly entered into equipment leasing agreements in which they provided 100% financing of medical facilities that were constructed to house the medical equipment and two different versions of the leasing agreement. 🔬 The English language version submitted to corporate headquarters for approval contained the company’s standard terms and conditions whereas the foreign language version contained very generous terms that favored the customer leaving the company with no recourse or collateral in the event of a default. 💰 These fraudulent lease agreements caused the company to incur a huge amount of defaults and a loss of over $50 million. The resulting investigation and forensic analysis revealed that the two employees had entered into side agreements with these customers in which they received kickbacks with the understanding that the customers would receive the medical equipment and facility and then default knowing that the company had no recourse. 🤷♀️ Genevieve was faced with a seemingly impossible and financially devastating situation. 📒 The investigation included intensive data analytics and forensic accounting, the taking of over 20 signed witness statements, dozens of data visualization charts and graphs showing improper relationships and money flows and enabled the company to recover nearly 100% of their $60 million loss in an insurance claim.  🥂 At the end, their financial loss was almost completed offset by the proceeds of the insurance claim and as importantly, they received the clarity that comes from knowing what happened, how it happened and how to avoid a recurrence. 📬 If your organization finds itself in a similar situation as Genevieve's did, contact us at https://lnkd.in/exb_Prg8 to see how we can assist. #WhiteCollarForensic #ForensicAccounting #InternalInvestigations #FidelityInsuranceClaims