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Law.com

'We Are Becoming Scapegoats': One Year Post-SEC Cybersecurity Disclosure Updates and Impacting Rulings

"We need more accountability for the organization instead of focusing on the security leaders of these companies who, in many instances, have their hands tied by execs and the board," said George Gerchow, faculty of cybersecurity consulting firm IANS Research. "We are becoming scapegoats. If this trend continues, you will see an even larger gap in security talent willing to put their credibility on the line, as well as facing charges by the SEC and DOJ."
5 minute read

Corporate Counsel

'This Is Not Going Away': Smackdown in Novel Cybersecurity Case Unlikely to Send SEC Into Retreat

In tossing most of the case against software maker SolarWinds, Judge Paul Engelmayer "creates the notion that the SEC isn't just going to be able to do whatever it wants going forward and serve as an 'overzealous' regulator," said Scott Kannry, CEO of the cyber risk firm Axio.
7 minute read

Daily Business Review

Attorneys Brace for Wave of CrowdStrike Litigation

"In some ways, I think it really set off a big nuclear bomb of legal actions across a lot of different players in the industry," Beth Waller, a principal and chair of the cybersecurity and data privacy practice at Woods Rogers, said.
5 minute read

National Law Journal

Global CrowdStrike Outage Forces Maryland Court Closures Statewide

"Due to the worldwide Microsoft outage, all Maryland courts, offices, and facilities will be closed to the public today but will remain open for emergency matters," a spokesperson for the state's judiciary said. "All clerks' offices are closed."
2 minute read

The American Lawyer

CrowdStrike Outage Yields Mixed Impacts on Big Law

"I'm hearing of more West Coast latencies than on the East Coast," said one Am Law 100 executive. "It really depends where [the office] is regionally, whether they're experiencing the same symptoms even within the same firm."
5 minute read

New York Law Journal

Global Tech Outage Affects NY Court System Statewide Early Friday

Many staff arrived at work to find their desktops inoperative, a source said. An Office of Court Administration spokesperson said there were no significant disruptions to in-person, courthouse operations so far.
2 minute read

Corporate Counsel

Novel Suit Calling Workday's AI-Driven Hiring Tool Biased Advances, Setting Up Precedent-Setting Showdown

"We're going to be talking about this a lot as employers and companies rely upon technology like this to make their jobs easier," said Jason Tremblay, a partner at Saul Ewing.
6 minute read

Corporate Counsel

HP Alum Hired as Legal Chief of Data Unicorn With Blue-Chip Backers

San Francisco-based SingleStore, which sells database software known for its blazing speed, has raised more than $500 million from such marquee investors as Google and Goldman Sachs.
3 minute read

National Law Journal

'AI Is Existential': ArentFox Schiff Turns Attention From Metaverse to AI Use Cases

The firm has several use cases for generative AI, but also knows when not to trust it, said chair Anthony Lupo.
4 minute read

Law.com

'Lack of Education ... and Winging It': Why Law Firms Fail at Marketing and Ways to Address Common Issues

"You've got to be realistic about where your clients are coming from and put your marketing efforts towards that," said Brendan Chard, founder and CEO of the law firm website design company The Modern Firm.
6 minute read

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