Cybersecurity is too important and significant to organizations not to have its own budget.

With the recent hack of an intellectual property law firm for M&A activities, it's clear that security operations for IP departments are a necessary measure. As they currently stand, budgets simply don't exist internally for IP IT teams to keep up with all the security monitoring and trends for these systems.

Hanley Chew, of Counsel, Litigation Group at Fenwick & West, sat down with Inside Counsel to discuss whether IP departments will get security budgets. Chew focuses his practice on privacy and data security litigation, counseling and investigations, as well as IP and commercial disputes affecting high technology and data driven companies. He regularly advises companies large and small on data breaches and cybercrimes, network and data security, and internal investigations.