Risk & Compliance

Risk & Compliance

When Travelex decided to take its currency exchange services offline after discovering its systems had been compromised by an ‘REvil’ ransomware attack on 31 December, cybercrime again became headline news.

More disturbing perhaps than the $6m (£4.6m) ransom, is the cybercriminals’ claim to have downloaded sensitive customer data, after accessing the Travelex network six months ago, apparently without anyone noticing.

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As part of the opening keynote presentation for LegalWeek’s yearly conference, former deputy Attorney General Rod Rosenstein sat down for a “fireside chat” to talk a little bit about the biggest threat to U.S. democracy, political and media chaos, and his return to the legal industry as a private citizen for the first time in his career.

Data privacy regulations like the newly launched California Consumer Privacy Act (CCPA) make observing days like today—Data Privacy Day in the U.S., Canada, Israel, and 47 other countries—particularly prevalent. Given the scope of these new privacy regulations, countless companies and individuals will be affected by the CCPA in one way or another. That said, the international effort to empower individuals and encourage businesses to respect privacy and safeguard data is an honorable one.

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iManage, the company dedicated to transforming how professionals work, today announced that the company’s investment in its Cloud, Platform and Customer Success Program has resulted in double-digit customer growth across multiple segments. The overall customer base stands at 3,500 customers and over one million users globally; market share in key segments includes 78% of the global 100 law firms, 21% of the Fortune 500, and over 1,900 small and medium-sized law firms.

Global Matter Management, Security & Support Service Drive Cloud Momentum

Cloud pioneer features new functionality for ndMail and platform productivity at Legalweek New York.

NetDocuments, the leading secure cloud-based content services platform for law firms, corporate legal teams, and compliance departments, today announced several new platform enhancements to further accelerate performance, productivity and efficiency. These new features will be available in February.

Cloud pioneer features new functionality for ndMail and platform productivity at Legalweek New York.

NetDocuments, the leading secure cloud-based content services platform for law firms, corporate legal teams, and compliance departments, today announced several new platform enhancements to further accelerate performance, productivity and efficiency. These new features will be available in February.

FileTrail, the leader in next-generation information governance and records management software for law firms and highly regulated industries, will unveil version 2.0 of its popular FileTrail GPS™ (Governance Policy Suite) at Legalweek New York 2020 being held February 4-6. The updated release includes significant new functionality and a streamlined user interface designed to make information workers even more efficient and productive.

Data lives across all areas of all different departments: legal, IT, marketing, services, sales—everywhere. Often, data lives in places many of us aren’t even aware of, due to either tribal knowledge that has long since left the organization or a lack of documentation and maintenance of important data sources. This emphasizes the importance of engaging leaders across the organization to help understand what is being and has been collected, with whom that data was shared, and where it currently resides.

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When we look at how organizations are handling new data privacy and cybersecurity regulations, there’s typically one area that falls under the radar: Third parties. More specifically, which third parties have access to organizational data—and which of those are risks due to new data privacy laws?

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