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In response to the omnipresent threat of cyberattacks, on Oct. 16, the American Bar Association Standing Committee on Ethics and Professional Responsibility issued Formal Opinion 483. The Opinion addresses the obligations imposed upon lawyers to safeguard their clients’ data and to notify them of a data breach. While the ABA meticulously listed the six Model Rules which support its conclusions that lawyers have a duty to become proficient in cybersecurity, it did not identify how to achieve compliance. This article bridges that gap.
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By Larry Gagnon
Developing and delivering an IRP or TTE to improve the effectiveness of your incident response approach, in isolation, does not work. If your incident response preparation activity does not include some fundamental tactical actions, when the time comes and your house is on fire, your breach response will fail to meet your expectations.
By John Beardwood and Shan Arora
Part Four In a Series
The conclusion of the series on Canada’s recently introduced Consumer Privacy Protection Act looks at hot button enforcement issues in the Act.
By Shanil R. Vitarana
Like other organizations, including law firms, in-house legal departments have not been spared from the “great resignation.” Lawyers and professionals across all industries are actively seeking new opportunities for a host of reasons including better pay, better culture and better balance. When they leave, they take with them not just their talent but the institutional knowledge they’ve accumulated, while their former team members are left to piece things together.
By Kristin L. Burnett
The promise that the crypto and digital assets markets bring comes bundled with uncertainty — especially on the regulatory front. Until jurisdictions adopt unified and consistent frameworks that account for the unique facets and features of cryptocurrencies, institutional investors and other market participants must keep abreast of ever-changing, dynamic laws to avoid sanctions and fines.