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Legaltech News

Equifax Executives' Stock Sales Raise 'Fundamental Questions' Tied to Breach

Here's a snapshot from the Dorsey & Whitney report about issues surrounding the stock sales, and guidance for companies that are watching how Equifax responds to the cyber breach for any wider lessons about what to do.
16 minute read

National Law Journal

Former Whistleblower, Lawyer Start Free Law Firm for Federal Workers

National security lawyer Mark Zaid and former State Department employee John Tye launched Whistleblower Aid on Monday.
9 minute read

Legaltech News

When Products Start Teaching Cybersecurity Process

New Nuix cybersecurity training and certification point to pivot not only in company but in community at large.
5 minute read

Daily Report Online

State Attorneys General Question Equifax Response to Data Breach

Two-thirds of the nation's state attorneys general are raising "profound concerns" with Atlanta-based Equifax's outside counsel not only about the credit bureau's massive data breach but also about how the company has been treating consumers trying to safeguard their personal and financial information.
7 minute read

National Law Journal

Equifax Executives' Stock Sales Raise 'Fundamental Questions' Tied to Breach

Equifax Inc. has maintained that three executives were unaware of a massive data breach when they made stock trades on Aug. 1—worth more than $1 million—days after the company discovered the attack. Still, published reports about the stock sales raise "fundamental questions," two partners at the law firm Dorsey & Whitney said in an article published Friday at the Harvard Law School Forum on Corporate Governance and Financial Regulation.
4 minute read

Legaltech News

Glenn Greenwald: In Modern Surveillance State, Courts are Worst Enabler

The journalist who broke the Edward Snowden leaks dissects the legal foundations of NSA surveillance, and the complacency of a “malfeasant” U.S. judiciary.
6 minute read

International Edition

Equifax turns to King & Spalding to defend data breach class actions

US firm's chief privacy officer brought in for credit-scoring company's legal defence
3 minute read

Daily Report Online

Equifax Turns to King & Spalding's Sumner to Defend Data Breach Class Actions

Equifax Inc. has turned to Phyllis Sumner at King & Spalding to serve as lead defense counsel in more than 70 class actions brought over its massive data breach, according to sources familiar with the litigation.
2 minute read

National Law Journal

FTC's Top Consumer Enforcer Previously Represented Equifax. He Won't Lead the Probe.

The interim head of the Federal Trade Commission division that traditionally conducts data security investigations has recused from the agency's investigation into the Equifax breach because he previously represented the company while at the law firm Arnall Golden Gregory.
11 minute read

The Legal Intelligencer

Evolving Cyberinsurance Coverage for Phishing Attacks

Federal courts continue to shape the landscape for cyberfraud coverage. The recent spate of cases focus on the scope of coverage for "phishing" or "spoofing" attacks. Recent cases focus on these attacks for two reasons: they are slightly different than a classic system intrusion or hack, and these forms of invasion have grown to become the major threat that many companies face (see Matthews, Lee, "Homeland Security Chief Cites Phishing As Top Hacking Threat," Forbes, Nov. 29, 2016). It is not surprising to see an increase in court decisions dealing with the topic given this reality.
19 minute read

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