Cyber Security and Cyber Breach: What Lawyers and Their Law Firms Need to Know Now

SKU: LPM7100

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About This Course

This CLE program will discuss cyber security, the consequences of a cyber breach, including ethical considerations, and cyber insurance. In the U.S., we are faced with 50 state laws on data privacy and security. If your business holds personal information from a resident of a particular state, what legal and ethical obligations apply to your firm, and to your clients, under that state’s law? The FTC also watches to ensure that companies are complying with their posted privacy policies. Non-compliance may subject a company to substantial fines.

What is a law firm’s ethical obligation with respect to reporting a breach? One major law firm is currently in the crosshairs of the SEC, which has requested information about client data that may have been accessed in a recently disclosed breach that occurred over 2 years ago. What other ethical, legal and business issues arise when a law firm’s data is breached and how can firms best prepare for that crisis? What is the role of cyber security insurance when a breach occurs?

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