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Corporate Counsel

Cyberattacks Are Accelerating With AI's Help

"If you're a bad guy and you're not using ChatGPT or other LLMs to go and find vulnerabilities, you're probably not doing your job as a bad guy," said Scott Giordano, general counsel of Spirion.
4 minute read

New York Law Journal

Department of Financial Services Consent Order Shows Risk in Adopting Template Data Protection Policies

The NY Department of Financial Services published a consent decree last week where a crypto company was fined $1.2 million for not conducting proper information security risk assessments and using template policies, without customizing them to fit the company. This article discusses this consent decree and the importance of robust risk assessment procedures and tailoring an information security program to an organization's specific needs.
8 minute read

Law.com

'Buy Now, Pay Later' Company Affirm Hit With Shareholder Derivative Suit

This case was first surfaced by Law.com Radar.
3 minute read

International Edition

Australian Government Introduces Ethics Clauses for Suppliers, Including Law Firms

The move comes in response to the tax advice scandal engulfing the Australian arm of consulting giant PwC, and requires that government contracts include "Notification of Significant Event Clauses."
2 minute read

Corporate Counsel

Pressure on Yelp Underscores That Shareholder Activists Are Still Lurking Around Tech

"Info tech … will likely face continued shareholder pressure, especially those with low profitability," Goldman Sachs said in a report last month.
3 minute read

Corporate Counsel

'Fast and Furious': As AI Accelerates, So Does Corporate 'Risk Velocity'

The sudden collapse of Silicon Valley Bank is a textbook example of how quickly risks can skyrocket. Experts say that's why being proactive is so important.
4 minute read

National Law Journal

Cost-Benefit Analysis of Expected SEC Disclosure Rules Leaves Questions for Attorneys and Clients

Anticipated SEC Scope 1 to 3 emission disclosure rules may—at least in part—fall short of cost-benefit analysis for corporate clients.
7 minute read

Corporate Counsel

Expect The Unexpected: Navigating Future Risks

Greig Taylor, Partner and Managing Director of AlixPartners LLP, shares how a physical and psychological trial 20 years ago shaped who he is as a leader today.
6 minute read

Corporate Counsel

The Race to Regulate: Congress Hints at How It Will Tackle Generative AI

"I think the U.S. should lead here and do things first, but to be effective we do need something global," said Samuel Altman, CEO of OpenAI.
6 minute read

Corporate Counsel

Tech Companies That Bungle Layoffs Can Compound Their Problems

"In the past, a company's decision to eliminate positions may have been protested by a small group of labor rights advocates. Today, thanks to social media, anyone can challenge workforce reduction decisions," said Sandra Sucher, a Harvard professor of management practice.
4 minute read

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