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Cybersecurity for Remote Workers: Keeping Financial Information Secure
At the beginning of the COVID-19 pandemic, businesses scrambled to rapidly deploy a remote workforce which created new challenges for businesses and financial institutions to continue operating and providing critical services. It also created an opportunity for malicious actors to hack into and gain access to IT systems and sensitive, personal information.
New research from VMware reveals a significant increase in cyberattacks experienced by financial institutions and banks between February and April of this year. VMware data indicates that close to a third of all cyberattacks target either banks or the healthcare sector. While some states are rescinding their stay at home orders, some companies are still erring on the side of caution by continuing to work remotely or have made the decision to work remotely indefinitely such as Twitter. As a result of the uncertain future of COVID-19, a lot of businesses will continue to work remotely and those that collect and manage financial information, including processing of payment card information, will need to assess any cybersecurity vulnerabilities, implement safeguards to protect financial information and educate and train its workforce. In response to COVID-19, many U.S. federal and state governmental agencies have issued helpful guidance for businesses to help prevent and mitigate cybersecurity incidents.
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The Article 8 Opt In
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.
Major Differences In UK, U.S. Copyright Laws
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.
Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
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.
Strategy vs. Tactics: Two Sides of a Difficult Coin
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.
Transfer Tax Implications on Real Property Leases
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.