Preparing for a Data Breach
"It is imperative to review the variables involved in the adequate planning of a data breach," write Michelle Schapp and Frank Xavier Wukovits of CSG Law.
November 27, 2024 at 11:30 AM
6 minute read
Ranging from the mom-and-pop retailer to the middle market companies that cater to regional or national customers to billion-dollar enterprises with a global market presence, organizations of all sizes and industries can be targeted by bad actors and are susceptible to a data breach. Owners, directors, and managers of many small to midsize companies think that their organization is not on a bad actor’s radar—whether because of the size of the organization or the “benign” data they process—while leaders of billion-dollar companies may believe their organizations are more than adequately secured, sufficiently trained, and outfitted with the latest and greatest technology measures to ward off any attempts by bad actors to infiltrate their systems.
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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.
Who Got The Work
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