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Analyzing the Impact of the Many New Rules of Cybersecurity
The federal government is trying to find as many ways as possible to handle the cybersecurity crisis facing the United States. While it is unlikely that Congress will pass a comprehensive federal cybersecurity law, for the private sector the Executive Branch and its many agencies are issuing directives and guidelines with far-reaching impacts. Additionally, states across the nation are passing their own data protection and cybersecurity laws with whiplash speed. The U.S. doesn't have a federal cybersecurity law, but the new regulatory and state landscape is changing the way companies do business. This basketweave of new laws provides a boost to existing cybersecurity guidelines. However, the industry standard for almost all organizations is the National Institutes of Standard and Technology (NIST) Cybersecurity Framework and NIST Privacy Framework.
There are new federal regulations, directives and guidelines as well as new case law, industry-specific guidelines and new state laws that, when taken together, form an industry standard applicable to almost all business sectors. And the end result is if you receive, collect or hold data in an enumerated industry or sector, or collect client data, your business must have an information security program in place.
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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.
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.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.