Risk & Compliance
The interesting debate around whether GDPR fines should be covered within corporate cyber insurance policies has raised its head again. See Law360’s GDPR Fines May Be Uninsurable, Broker Warns and Are GDPR Fines Insurable? UK Watchdog Won’t Say
To comply with the GDPR’s tough new data requirements, Seddon’s knew it must find a solution to two major security issues:
1. ‘Dark data’ – how many documents were unsearchable within their systems?
2. Staff email behaviour – was it putting them at risk of inadvertent leaks?
Today’s leading law firms have many things in common, whether it is top talent, steady firm leadership, efficient business operations, or the access and ability to leverage cutting edge technology. These top firms are increasingly recognizing the significant value associated with innovative approaches to client service that include integrated teams and their ability to offer broader and deeper technology solutions.
New standards for the General Data Protection Rule (GDPR) went into effect on May 25, 2018. They affect any EU business that collects data from customers. One of the key factors in the new standards is that companies must take a strict approach to ensuring personal data is deleted when it no longer needs to be stored for the purpose it was collected for. GDPR non-compliance penalties are substantial: up to €20 million or 4 percent of annual turnover (whichever is greater).
tmgroup have achieved ISO 27001 certification. The endorsement is only awarded to firms that comply with a mandated set of requirements relating to information security management. Certified businesses must evidence an ongoing commitment to continually improving their systems.
Information security is a critical business risk. It is attracting increasing scrutiny in the management of supply chain risk and consumers are more alert to the way their data is stored and shared.
Joe Pepper, Chief Executive Officer (CEO) at tmgroup comments:
On Tuesday 24th July, the Government published its updated National Planning Policy Framework (NPPF) immediately replacing the previous NPPF from March 2012.
The aim of the update is to set out the Government’s planning policy as to how sustainable development across the board should be planned, and how planning applications proposing development of all kinds should be determined.
As part of the Landmark Academy, we host webinars to provide guidance and training to help property solicitors and conveyancers identify and manage a host of risks that can occur in residential and commercial property transactions.
Data security experts all echo the same sentiment: “It’s not if your organisation will be breached, it’s when.” Does your business have a breach response plan? In this blog, we offer several steps to take after a data breach so you can create - or update - your breach response plan.
A data breach can cause widespread panic throughout your organisation. The key is not to overreact. As a leader, you must stay calm so you can address the situation with clarity and move forward with an incident response plan.