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We're long past the point where cybersecurity can be treated like a corporate trend or as a bullet point on your IT team's wish list. As networks around the world become more sophisticated and complex, cybercriminals are correspondingly honing their talents in everything from hacking and phishing to cyberterrorism and general mayhem.
Modern organizations with savvy security know this and watch events and trends closely. They know that global ransomware damages totaled $325 million in 2015 and that number is supposed to quadruple by 2020. They also know 33% of U.S. companies experienced some sort of data breach in 2016, and most of them had no idea anything happened. In response to threats on the horizon, companies are building the right teams of experts to help prevent the worst from happening, or at least mitigate damage.
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The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.