Features

New York Releases Updated Proposed Cybersecurity Regulation
Minimum standards proposed in September have been updated to provide more wiggle room for banks, financial institutions and insurance companies operating in New York.
Features

PODCAST: Is 'Little Data' More of a Concern than Big Data?
In the first of a series, Jason Thomas, Chief of Innovation for Thomson Reuters Special Services, discusses the difference between big data and "little…
Features

<b><i>BREAKING NEWS</b></i> <br> Chicago's Johnson & Bell First U.S. Firm Publicly Named in Data Security Class Action
In the first public data security class action complaint against a U.S. law firm, Chicago-based Johnson & Bell was named in a lawsuit that says the firm failed to protect confidential client information.
Features

Cyberinsurance Considerations for Law Firms
Law firms spend a lot of time and effort to protect their clients' interests, but often overlook routine protection and security of clients' (and their own) data. While not a cure-all for data security risks, one important component to consider in putting together a comprehensive data security program is cyber insurance, as most general liability policies and professional liability policies now expressly exclude coverage for data breach claims.
Features

China Passes Controversial Internet Security Law
The Standing Committee of the National People's Congress, China's top legislature approved the new Cybersecurity Law on November 7, which was created for reasons of national security and to curb internet fraud. It will take effect in June 2017.
Features

<b><i>Online Extra</b></i><br>Financial Industry Groups Slam NY's Proposed Cybersecurity Rules
Major banking and insurance industry groups are attacking New York's proposed regulation requiring member companies to adopt stringent protections against cyberattacks that compromise consumers' confidential information.
Features

Managing Risk in Light of 'Shadow IT'
Information Governance in the Age of Cloud Application Proliferation
Features

Law Firms, Meet Your New Regulator: Your Clients
While major banks, retailers, hospitals and insurance companies were the brick and mortar of a growing media monument to hubris and cyber overconfidence, law firm breaches went mostly unnoticed. That is, until government agencies and law enforcement grew concerned that the wealth of intellectual property curated by law firms could be used to manipulate financial markets by front running trades.
Features

Client Document Security Audits: Is Your Law Firm Ready?
It is essential for all law firms to safeguard their clients' documents against ever-evolving threats and thoroughly understand the security challenges and potential solutions in today's demanding world of legal document compliance.
Features

Looking to the FFIEC Revised Information Security Booklet for Best Practices in Data Security for Financial Institutions
The Federal Financial Institutions Examination Council (FFIEC) recently revised its Information Security Booklet. The changes bring the financial services industry closer to the goal of having a clearly defined set of cybersecurity and data protection protocols to ensure regulatory compliance.
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