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On the same day that a massive ransomware attack hit DLA Piper, cybersecurity startup firm LogicForce released a chilling report that found that law firms are still woefully unprepared for all sorts of cyber threats. The study, released Tuesday, found that two-thirds of the 200 responding law firms had reported some sort of cyber breach. […]
Get caught up with the Cybersecurity Docket News Wire for June 29, 2017.
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Anthem, the largest health insurance company in the US, has agreed to settle a class action lawsuit over a 2015 data breach for a record $115 million. The settlement still has to be approved by US District Court Judge Lucy Koh, who is scheduled to hear the case on August 17 in San Jose, California. […]
Executives and investors are hiring an unlikely crowd to help them do deals: computer geeks. Companies and investment funds are adding an extra layer of scrutiny to acquisitions by screening targets for cybersecurity risks, as global computer attacks raise awareness. That’s prompting offers specifically tailored to takeovers by a variety of players, from consultants like […]
Get caught up with the Cybersecurity Docket News Wire for June 25, 2017.
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If your computer gets hacked, you’d probably call a cybersecurity expert rather than a lawyer. However, a June 20 agreement between Merchants Information Solutions and law firm Jackson Lewis ensures that legal advice will be part of Merchants’ response when data breaches strike its customers. Under the arrangement, subscribers to Merchants’ SmartIDentity for Business Program […]
Implementing cybersecurity controls can be expensive and frustrating for companies, but dealing with the fallout from a breach is inevitably far more costly. And nowhere is that more evident than in U.S. corporations, which hold the distinction of having the highest data breach financial liabilities worldwide, according to the 2017 Cost of Data Breach Study. […]
Get caught up with the Cybersecurity Docket News Wire for June 20, 2017.