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Data Breaches Are Not Going Away
When a company reports two data breaches in one month, another company reportedly is paying fines for past data breaches, and “the demand for cyber security professional[s] is high and growing” because, “[o]ver the past year cyber exploitation activity has grown more sophisticated, more targeted, and more serious,” it is clear that data breaches are problems that are not going away (see, http://searchsecurity.techtarget.com/news/article/0,289142,sid14_gci1371544,00.html; www.pcworld.com/printable/article/id,173902/printable.html; and www.defensetech.org/archives/005068.html).
In fact, “between 75[%] and 85[%] of Fortune 2000 companies have suffered a 'material data breach.'” Worse still, just three alleged hackers allegedly stole more than 175 million data records; at an estimated cost of $202 per lost record, and that adds up to more than $35 billion in loss.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.