shutterstock How Legal Depts Can Implement a Law Firm Cybersecurity Assessment Program That Benefits All Players
Given the criticality of knowing and addressing our outside counsels' cyber risk, we set our sights on developing an assessment program that would provide ongoing digital evaluations of our law firms.
January 04, 2021 at 01:48 PM
15 minute read
Businesses face new cybersecurity threats from new bad actors daily, and high-profile cyber failures have taken major companies to their knees—and their executives along with them. As such, cybersecurity and risk management are top-of-mind for boards of directors and their leadership teams, including NetApp.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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