Be ready and act fast. That’s the advice a panel on cybersecurity attacks at the Association of Corporate Counsel’s annual meeting on Monday told in-house lawyers.
“The amount of time companies have to respond is shrinking,” said Miriam Wugmeister, a New York partner at Morrison & Foerster who moderated the panel. Wugmeister, whose practice includes privacy and data security, noted that Target Corp. notified 40 million people in four days after its 2013 data breach. Target is a client of Morrison & Foerster.
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