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Trust has always been a key instrument of economics. Up until recently, central banks have acted as the metaphorical custodian of trust, employing complex processes that force populations to participate in bank accounts and credit cards to earn trust benefits, like credit scores. Yet, devastating moments such as the 2008 U.S. financial crisis that took an enormous taxpayer-funded bailout showed the same centralized and slow processes were weakening and could not adapt quickly enough in a digital economy. Further, banks have become the number one target for malicious hackers. As a result, banking systems, credit rating agencies and other traditional legal instruments no longer remain effective mechanisms for P2P reputation and trust measurement.
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Plan to Protect: Cybersecurity for Employees Before Day One
By Luke Tenery and Daron Hartvigsen
With new employees come new risks; from aspiring insider threats that intend to join a target to extract sensitive information, to insecure processes being exploited due to too much trust being placed in candidates and new hires.
Preparing Companies for Impending Data Privacy, Cybersecurity Changes
By Sarah F. Hutchins
Failing to pay attention to shifting data privacy and security regulations can be costly. Here’s an overview of what’s been happening — and what’s likely to happen next — in the world of data privacy and security.
AI Considerations for In-House Counsel
By Charmian Aw, Diletta De Cicco, Annette Demmel, Charles-Albert Helleputte, Kyle Fath, Alan Friel, Julia Jacobson, Bartolome Martin and David Naylor
Having an AI policy that outlines acceptable use, and documenting assessments that establish that AI systems are used in a manner consistent with the policy and that the benefits outweigh potential harms, can go a long way in managing legal and reputational risk.
4 Pitfalls To Avoid In Legal Operations (and How to Deal With Them)
By Brian Corbin
For legal stakeholders seeking to take their existing legal operations programs to the next level or start new programs from scratch, there are a few all-too-easy traps that can stunt growth, cost political capital and cause headaches. Having a strategic plan, budget and critical executive buy-in is not enough to avoid these four common issues.