Corporate governance also means protecting your technology and information
By Vinny Sanchez
Not a day passes without news of a data breach or cyber attack on a company’s operations or a nation’s critical information infrastructure. Indeed, data security and operational risk are the top two concerns of public company directors and general counsel, according to the 2012 Law and the Boardroom Study conducted by FTI Consulting and Corporate Board Member. Disaster recovery, e-discovery and company reputation also rank high among top issues keeping directors and GCs up at night.
Today, company operations and shareholder value depend more than ever on the successful acquisition, implementation and operation of technology. Online interactions with customers have created the expectation that companies will be continuously open for business. Viruses, worms, spoofing and cyber wars cannot stop this expectation, and the consequences of failing to be available online 24/7 harm a company’s reputation and, ultimately, its value.
Even the SEC has weighed in on the materiality of these risks, proffering guidelines as to when public companies should disclose information regarding cyber attacks. The White House and Congress continue debating how they will influence the private sector’s approach to protecting the critical information infrastructure, and an executive order addressing cybersecurity issued in February this year will likely affect almost every company, public or private…
If you are registered and logged in to the site, click on the link below to read the rest of the DLA Piper briefing. If not, please register or sign in with your details below.
News from DLA Piper
News from The Lawyer
Briefings from DLA Piper
The same day he took the reins as chief judge for the District of Delaware, Judge Leonard P Stark substantially overhauled his patent practices.
The purpose of this bulletin is to highlight the fact that certain real burdens will be automatically extinguished on 28 November 2014.
Analysis from The Lawyer
Shearman & Sterling is making its presence felt in the City, squaring up to magic circle firms and looking to muscle in on key relationships. Private equity house Bridgepoint is one outfit that has had its head turned by the US firm.
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions