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Imagine the following: Cyber criminals attack a credit reporting agency, compromising 143 million American records — one of the largest data breaches on record. While the attack is incredibly impactful, these cyber criminals, looking to cripple the financial sector, use the data breach as a smoke screen to surreptitiously attack the credit reporting agency’s data collection, analysis and reporting systems, which in totality ensure that no data produced by the reporting agency can be relied upon. Once discovered, the attack on the integrity of the agency’s data causes all credit data to be rendered useless, utterly devastating the entire financial market and causing widespread distrust of financial institutions across the world.
By Christopher Perrotta
Gone are the days of naively assuming our confidential data is secure. Increasingly, clients, stakeholders, regulators and others are demanding proof that firms are actively protecting the PII to which they have access, and this evidence is being demanded both before and after security incidents. It is imperative law firms have the positions and processes in place to handle security incidents with urgency, accuracy and completeness.
By Doug Stansfield
As a matter of practice, law firms generate and store incomprehensible amounts of data. Most, if not all, of that data has been digitized and many firms that recognize the untapped value of their data have begun to leverage sophisticated technologies to mine it for reusable work product and valuable insights.
There is great enthusiasm about what AI can do to promote better living conditions, evoking wisdom, providing business intelligence through deep analysis of behavior and habits, by signaling trends and anticipating demand. But there are other considerations as well. A critical one is cybersecurity.
By Jason G. Weiss
The healthcare industry is facing an alarming proliferation of cyber perils. Why? Because our healthcare system is a “soft target,” and particularly vulnerable because of its lifesaving work, where time is of the essence. It’s a recipe for disaster from a cybersecurity standpoint.