Rocket Matter’s Post

And another law firm gets eaten alive by hackers. Almost a year later they are notifying the victims and touting new security features that they should have already been doing. Are your law firms any better? Details at https://lnkd.in/gyP4pSGi

Members Scott Lashway, Laurence J. Freedman, and Special Counsel Matthew Stein published an article in Bloomberg Law about how recent False Claims Act (FCA) settlements show a focus on cybersecurity enforcement. In the article, they outline how organizations with government contracts can mitigate the risk of cybersecurity-related FCA investigations and litigation. The authors write, “These settlements, and the DOJ's decision to use the FCA to enforce federal cybersecurity standards, ratchet up already existing obligations. But at the same time, connected systems are the front lines of a new cold, quasi-war conducted in cybersecurity, and organizations that perform services for state and federal governments are on those front lines and need to act carefully, and thoughtfully, in performing their contracts with the government.” Read the full article here: https://bit.ly/4fYth9p

Deepfakes, the sophisticated manipulation of images and videos, represent a growing threat to the security and reputation of businesses. It is therefore crucial to protect your company against these frauds to avoid financial losses and preserve its credibility.   Tara D., lawyer and privacy and data protection officer, along with our articling student, Samantha Nicole Spector, have written a detailed article to help you understand the risks and put effective safeguards in place.   Read the article to find out more: https://lnkd.in/e2C2Eq24   #deepfake #dataprotection #IT

Keith Emmer thank you for this timely and insightful article. Once again you and I are (and frequently have been) on the same page about important issues. I wrote a similarly intended piece for the AICPA about Business Email Compromise and provided action steps and resources for victim companies to follow when a breach occurs. More importantly, there are proactive Risk Management recommendations to prevent and deter these schemes from succeeding. Bravo to you and thank s again! https://lnkd.in/e-xiAbct

Never before has the SEC sued a company for scienter-based fraud involving cybersecurity, sued an individual (CISO) for their role in cybersecurity failures, or sued a company for alleged cybersecurity failures. To better understand the import of SolarWinds on SEC enforcement actions, and on private civil litigation, and for a recommended course of action, I invite you to read the following Law360 article co-authored by me, Aaron Goodman, Trial Lawyer and Michelle Leonard, entitled: Takeaways from SEC's Aggressive Cybersecurity Moves. https://lnkd.in/g8qZFF9r

Safeguard your assets and reputation! Data infringements pose a triple threat: draining finances, sparking legal woes, and tarnishing your image in the blink of a 'data breach.' Stay vigilant, stay secure. 💼🔒 https://lnkd.in/gwgxExaZ #DataSecurity #ProtectYourReputation #CyberAware

Dealing with cybercrime is now one of the most popular discussion topics when I speak to law firm managing partners, from big firms down to solo practitioners. The partners are worried about it, their clients are worried about it, and almost no one knows exactly what to do about it. As someone with experience in both PR and legal – two big components of response to data breaches -- I’m getting calls about these issues regularly. Having a response plan is recommended by everyone, but few businesses have one, which puts them even further behind the 8-ball when something happens. This article is a good place to start for thinking through the basic steps: https://lnkd.in/evnhqxNr

Data breaches and cyber-attacks remain top concerns for Chief Legal Officers and General Counsels, with privacy rules ranking high among legal challenges. The article, 'Locked Down,' tackles 2024's privacy and data security issues, offering insights, analysis, and practical tools to navigate this evolving landscape. Stay ahead of the curve with this interactive report. #databreach #dataprotection #eDiscovery Read more here: https://lnkd.in/e8DyMW_W

Please see our tips for evidence preservation . . . #ControlRisks #DigitalForensics

Recently, the Florida and West Virginia Legislatures crafted legislation seeking to provide companies with certain limited protection from private litigation after they suffer a data breach despite their cybersecurity planning and execution. Once these legal frameworks are enacted into law, businesses subject to them will be able to undertake certain measures to invoke cybersecurity safe harbor provisions to obtain liability protection if they suffer a data breach. Cyberattacks continue to increase in scope and sophistication, and these statutes offer a valuable safe harbor to businesses that proactively build a cybersecurity program. Read more ➡ https://lnkd.in/gh8T8Fz2 Authors: Steven Stransky, Tom Zych, Marla Izbicky, CIPP/US, Thora K. #DataPrivacy #SafeHarborLaws #CybersecurityLaw #ThompsonHine