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Baker Donelson

Best Practices for Protecting Operations from Vendor's Cyber Incidents

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In the aftermath of a vendor's hack that crippled an industry, ensure your business is up to date on best practices for mitigating the risks of third-party cyber incidents. Many businesses struggle to adequately consider the...more

Guidepost Solutions LLC

Defending Your Law Firm Against Cyber Threats

In an increasingly digitized world, law firms are prime targets for sophisticated cyber threats that can result in substantial financial losses and reputational damage. Recently, a prominent law firm, esteemed for its...more

Burr & Forman

Checklist for Addressing Data Privacy and Cybersecurity with Your Vendors

Burr & Forman on

In our last newsletter, we discussed due diligence as it relates to selection of vendors. The second part of that exercise is to negotiate your agreement with the vendor to properly manage any risks you identified. In this...more

Spilman Thomas & Battle, PLLC

Decoded: Technology Law Insights - V 4, Issue 4, April 2023

Tech Vendors and Cybersecurity – Are They Responsible? It has long been recommended that when you contract with a technology vendor that you include an indemnity clause in the contract wherein the vendor will indemnify you...more

Polsinelli

U.S. State Privacy Law Update

Polsinelli on

In 2023, new comprehensive data privacy laws come into effect in five states — California, Colorado, Connecticut, Utah, and Virginia. The California Privacy Rights Act of 2020 (CPRA) and the Virginia Consumer Data Protection...more

Burr & Forman

Cybersecurity Checklist for Vendor Management – Vendor Security

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By now, you have heard many news stories about debilitating cyberattacks that started with the compromise of a vendor's systems and ultimately wreaked havoc on that vendor's customers. As a result, many businesses are seeking...more

King & Spalding

Global Trends in IT Outsourcing

King & Spalding on

The IT sector has been demonstrating its value in the wake of the COVID-19 pandemic. As more businesses adopt hybrid or even permanent remote work, worldwide IT spending is forecast to reach $4.5 trillion in 2022 and expand...more

Akerman LLP

Cybersecurity and Privacy Risks for the Construction and Real Estate Industries

Akerman LLP on

The construction industry has experienced an amazing evolution in recent years thanks to the rapid adoption of new technologies. While all of this new technology has the potential to make companies more productive and more...more

McDermott Will & Emery

[Webinar] Privacy and Cybersecurity Contracting: What’s the “Deal”? - June 29th, 12:00 pm - 1:00 pm EDT

McDermott Will & Emery on

Security Schedules, Privacy Addenda, TOMs, DPAs—whatever you call them, privacy and cybersecurity contract terms have exploded in prevalence in recent years, bringing with them new importance that can lead to difficult and...more

Esquire Deposition Solutions, LLC

SOC Reports Provide Critical Insights on Vendor Data Security Practices

I’ve written several times during the past year about the importance of information security for legal professionals. Mitigating the threat of unauthorized access to client confidential information is one of the most...more

Association of Certified E-Discovery...

[Webinar] Cybersecurity Basics for Legal Practitioners - April 19th, 1:00 pm - 2:00 pm EDT

Join us for a webinar on basic cyber information regarding data protection, data privacy, cybersecurity requirements PII and Sensitive PII, cybersecurity requirements for Third Party vendors, Cyber insurance in the age of...more

Jackson Lewis P.C.

Responding to the Kronos Cyber Attack – What Should Employers Be Thinking About?

Jackson Lewis P.C. on

According to reports, Kronos, the cloud-based, HR management service provider, suffered a data incident involving ransomware affecting its information systems. Kronos communicated that it discovered the incident late on...more

Ervin Cohen & Jessup LLP

Mitigating a Company’s Liability When a Data Breach Is Suffered by a Vendor or Service Provider

Data breaches by large companies have been in the news for some time. Over the last several years several companies, including Marriott, Yahoo and Volkswagon, have been victimized by hackers who have broken into a company’s...more

Mitratech Holdings, Inc

Vendor Risk Roundup: 3 Huge Breaches (So Far!) This Year

Wherever you look, it feels like cyberattacks are becoming increasingly common. Criminal hackers are making the headlines every day, stealing the personal information of millions of people, ranging from birthdays to Social...more

Goodwin

FDIC Seeks Comment on Supervisory Approach to Examinations During Pandemic

Goodwin on

In This Issue. The Federal Deposit Insurance Corporation (FDIC) is seeking information and comment regarding the FDIC’s supervisory approach to examinations during the pandemic; the FDIC’s tech lab, FIDTECH, announced a “tech...more

Troutman Pepper

New FINRA Guidance Suggests Increased Scrutiny of Member Firms’ Relationships with Third-Party Vendors

Troutman Pepper on

Who Needs to Know FINRA member firms. - Why It Matters On August 13, the Financial Industry Regulatory Authority released a regulatory notice to member firms, clarifying their existing obligations on the supervision of...more

Ankura

[Webinar] Vendor Risk Management in the Modern Economy - July 28th, 1:00 pm - 2:00 pm EST

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Organizations are becoming increasingly reliant on external parties to manage parts of their business, including their critical and sensitive data. While the specialized expertise and economies of scale that third parties and...more

Robinson+Cole Data Privacy + Security Insider

Contact Tracing Vendor Loses State Contract Over Data Breach

Pennsylvania Governor Tom Wolf announced this week that the Commonwealth will not continue to do business with its contact tracing vendor following a security incident that potentially exposed the personal information of...more

NAVEX

4 Things to Know About Updated NIST 800-53 Standards

NAVEX on

[author: Matt Kelly] In September 2020 the National Institute of Standards and Technology (NIST) unveiled the fifth version of its cybersecurity standard formally known as SP 800-53, “Security and Privacy Controls for...more

NAVEX

Third-Party Risk Management: 5 Reasons to Monitor Cybersecurity Risk in Real Time

NAVEX on

In today’s business landscape, it is nearly impossible to work alone. You have to collaborate with clients, vendors, suppliers, specialists, and plenty of other partners all considered third parties to your organization. As a...more

Mitratech Holdings, Inc

Avoiding the “Twilight Zone” of Vendor Cyber Risk

Mitratech Holdings, Inc on

When risk is stranger than fiction - While this might seem a fictitious depiction of how strategy and action gain momentum and approval within an organization, I promise you: It’s not farfetched. Anyone who’s had a few years...more

Robinson+Cole Data Privacy + Security Insider

Tyler Technologies Victim of Cyber-Attack

As one of the largest information technology service providers to local governments, the cyber-attack on Tyler Technologies (Tyler) in Plano, Texas is a sobering reminder of how a cyber-attack on a third-party vendor can put...more

Robinson+Cole Data Privacy + Security Insider

Fall-Out from Blackbaud Ransomware Attack

As a follow-up to last week’s post on the importance of due diligence regarding high-risk vendors’ security practices, Blackbaud, a global company providing financial and fundraising technology to not-for-profit entities,...more

Hinshaw & Culbertson - Insights for Insurers

No Protection for Vendor's Forensic Report in Post-Breach Litigation? - Preserving Privilege and Work Product Protection in Light...

A May 26, 2020 order by U.S. Magistrate Judge John F. Anderson (E.D. Va.) that attorney work product protection did not preclude production of a forensic vendor's data breach investigation report to plaintiffs in the Capital...more

Kramer Levin Naftalis & Frankel LLP

Cybersecurity: the SEC Provides Guidance on Well-Known and Emerging Best Practices

At the end of January, the U.S. Securities and Exchange’s Office of Compliance Inspections and Examinations (OCIE) released its “Observations on Cybersecurity and Resiliency Practices” (Observations)....more

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