transcript   Transcript

How Can Law Firms that work with the SEC and Banking/Financial Services Clients Combat Cybersecurity Issues

Recorded on: Jan. 19, 2017
Running Time: 01:00:16

Full Transcript:



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Taken from the Web Program Cybersecurity Best Practices for Legal Services Providers 2017 recorded January, 2017 in New York.

How Can Law Firms that work with the SEC and Banking/Financial Services Clients Combat Cybersecurity Issues [01:00:16]
  • Join Information Sharing and Analysis Organization (specifically, Legal Services Information Sharing and Analysis Organization (LS-ISAO), under the umbrella of Financial Services Information and Analysis Center – allows for anonymous requests, members only conference calls, real time alerts, mitigation strategies
  • Information sharing best practices – voluntary, transparent, inclusive, actionable, flexible information
  • Cybersecurity insurance
  • Control, monitor and limit employee access to data and to systems
  • Online monitoring of client data
  • Hire Independent Consulting/Law Firm
  • Advantages of Cloud Computing
  • Data encryption (including for smart phones), creation of designated CIO
  • Employee and Vendor Audits
  • Hiring full time staff to spend most of time monitoring network for potential threats and testing defenses
  • Obtain ISO/IEC 27001 certification or other certifications showing compliance with best practices

The purchase price of this segment includes the following article from the Course Handbook available online:

  • Information Sharing and Analysis Organizations (ISAOs), Executive Order 13691, Promoting Private Sector Cybersecurity Information Sharing
  • Executive Order—Promoting Private Sector Cybersecurity Information Sharing (February 13, 2015)
  • You’ve Been Hacked, and Now You’re Being Sued: The Developing World of Cybersecurity Litigation
    Michael Hooker, Jason A. Pill, Richard Raysman

Presentation Material

  • How Can Law Firms that work with the SEC and Banking/Financial Services Clients Combat Cybersecurity Issues
    Richard Raysman
(s)
Orrie Dinstein ~ Global Privacy Leader, Marsh & McLennan Companies, Inc.
Richard Raysman ~ Holland & Knight LLP
Judy Selby ~ BDO
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