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Cybersecurity & Privacy

  • October 19, 2018

    Goodwin Scores 2 Gunderson Emerging Tech Co. Partners

    Goodwin Procter LLP has added two former Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP attorneys as partners to its technology companies practice in San Francisco, the firm has announced.

  • October 19, 2018

    Pharma Co. Wants Sex Drug Marketing Case Axed

    Innovus Pharmaceuticals Inc. urged an Illinois federal judge Thursday to toss a $5 million false advertising lawsuit brought by the developer of a sexual dysfunction drug who claims advertisements using his likeness harmed his reputation, arguing the accusations have no merit.

  • October 19, 2018

    Feds Charge Troll Farm Accountant With Midterm Meddling

    Federal prosecutors on Friday announced charges against a Russian accountant accused of helping a Moscow-based disinformation group use fake social media accounts to sow discord in the U.S. ahead of the 2018 midterm elections.

  • October 19, 2018

    Levi & Korsinsky Chosen To Lead Cryptocurrency Suit

    A man who invested nearly $140,000 worth of bitcoin into a Dublin-based cryptocurrency startup stepped forward to claim he had the largest financial interest in a proposed class action against the company, and a Pennsylvania federal court on Thursday certified him as the new lead plaintiff and Levi & Korsinsky LLP as lead counsel in the suit.

  • October 19, 2018

    Ex-Uber Drivers Ask 9th Circ. To Revive 2014 Data Hack Suit

    Two former Uber drivers have asked the Ninth Circuit to revive their amended proposed class action alleging that the ride-hailing company lied about a 2014 data breach that compromised their personal information, insisting they have shown an immediate, credible risk of fraud or identity theft from the hack.

  • October 19, 2018

    GCs Should Take Hack Issues To The Feds, DHS Official Says

    Jeanette Manfra, a top cybersecurity and communications official at the U.S. Department of Homeland Security, tells Law360 why she's inviting general counsel to trade information about cyberthreats with her office and discusses the department's plan to secure the upcoming federal and state elections.

  • October 19, 2018

    SEC Launches 'FinHub' Office To Guide Startups On Fintech

    The U.S. Securities and Exchange Commission said Thursday it launched a new office intended to improve communication with entrepreneurs and their advisers about regulations relating to the booming field of financial technology, including blockchain and initial coin offerings.

  • October 19, 2018

    What Construction Attys Need To Know About AI

    Focused on hands-on, real-world work, the construction industry has lagged behind others on the use of artificial intelligence, but given the time- and cost-saving benefits of embracing AI, construction lawyers and their clients should be constantly thinking of ways to make it work for them.

  • October 19, 2018

    Sapphire Tycoon Gets Prison For Faking Judge's Signature

    A "privileged" Manhattan sapphire merchant was sentenced to nine months in prison Friday for forging a federal judge's signature, after a prosecutor called such conduct "rampant" and the sentencing judge said the CEO's emails bragging about how easy the caper was spoke to the need to deter other would-be fakers.

  • October 19, 2018

    Small UK Firms Face Cybercrime Onslaught, Hiscox Says

    Small businesses in the U.K. are being hit with 65,000 attempted cyberattacks every day, costing them £25,700 ($33,500) a year to clean up, according to a study released by global insurer Hiscox, which said the sector was a "hot target."

  • October 18, 2018

    Fund Takes 2nd Stab At Uber Fraud, Illicit Biz Practices Suit

    A Texas-based retirement fund took another stab at a proposed California class action alleging Uber Technologies Inc. and its ex-CEO Travis Kalanick's illicit business tactics, corporate bullying, institutionalized harassment and rampant flouting of the law cost investors billions.

  • October 18, 2018

    3 Takeaways From ABA's Firm Breach Disclosure Guidance

    The American Bar Association's recent guidance on notifying clients about data breaches sets a high standard for lawyers striving to meet their ethical obligations and will likely prompt many law firms to take a harder look at their current incident preparation and response efforts, attorneys say. Here, attorneys flag three major takeaways from the new guidance.

  • October 18, 2018

    NY Trial Set To Determine Owner Of Contested Crypto Platform

    A business developer accused of sneaking her name onto corporate paperwork to steal control of a budding peer-to-peer cryptocurrency platform agreed Thursday to an expedited Nov. 5 trial in Manhattan to determine whether she rightfully owns the platform.

  • October 18, 2018

    Can A 'Shitty Media Man' Unmask His Accusers?

    A controversial lawsuit filed last week over a list of men accused of sexual misconduct included a pointed threat to unmask the women who contributed to the document, setting the stage for a potential First Amendment battle over anonymous online speech.

  • October 18, 2018

    Ex-FBI Agent Gets 4 Years For Leaking Defense Info

    A former FBI agent was sentenced to four years in prison in Minnesota federal court Thursday on charges related to taking secret government defense information and disclosing it to a news organization, according to the U.S. Department of Justice.

  • October 18, 2018

    Fidelity's Foray Into Bitcoin Likely To Boost Crypto Appeal

    Fidelity Investments’ plans to form a stand-alone company that will enable hedge funds and other professional investors to store and trade cryptocurrencies like bitcoin could potentially pave the way for more institutional investment into the fledgling asset class.

  • October 18, 2018

    Fintech Cops Urged To Play Nice, But Sandbox Is A Hard Sell

    A recent Treasury Department report proposed a host of ideas for boosting development in America's financial technology sector and keeping it globally competitive, including a "sandbox" for experimenting with new products and services, but experts say a morass of regulatory agencies makes building such a playground difficult in the U.S.

  • October 18, 2018

    FCC Gets Input On Autodialer Definition After 9th Circ. Ruling

    The FCC has received the first round of public comments on how it should apply restrictions on automatic telephone dialing systems under the Telephone Consumer Protection Act in the wake of the Ninth Circuit's decision in Marks v. Crunch San Diego, with businesses and industry groups largely advocating a narrow interpretation of the law.

  • October 18, 2018

    Canadian Securities Watchdog Reveals Market Protection Plan

    The Canadian Securities Administrators on Thursday published a notice informing market participants about its method for handling a market disruption to Canadian capital markets, including instances related to a large-scale cybersecurity incident.

  • October 18, 2018

    LabMD Exec Sees FCA Suit Against Tiversa Trimmed

    A New York federal judge has trimmed a False Claims Act suit brought by the president of LabMD accusing cybersecurity firm Tiversa of fabricating data breaches to secure government contracts, concluding that the executive sufficiently alleged fraud for some claims, but that others don’t hold up.

Expert Analysis

  • Cloud Computing Clearly The Future For Small Firms

    Holly Urban

    While in-house technology investments on the scale and complexity needed to compete with large firms remain cost prohibitive for small and midsize law firms, cloud-based services offer significant cost savings and productivity gains with little to no capital investment, says Holly Urban of Effortless Legal LLC.

  • Opinion

    Separate The NSA And Cyber Command Now

    Daniel Garrie

    Since its inception in 2009, U.S. Cyber Command has been functioning concurrently and under the same leadership as the National Security Agency. In the beginning this may have been appropriate, but in today’s environment they should be conducting their missions independently, says Daniel Garrie of JAMS.

  • 10 Best Practices For Due Diligence In AI Transactions

    Lee Tiedrich

    When approaching M&A, investments and other transactions associated with artificial intelligence, we must take into consideration the nature of the technology today, the anticipated technological developments and the evolving legal landscape, say Lee Tiedrich and Daniel Gurman of Covington & Burling LLP.

  • Leveraging Today's Lateral Associate Market

    Darin Morgan

    With the Milbank/Cravath pay scale once again equalizing compensation at many Am Law 100 firms, there is even more pressure for firms to differentiate themselves to top lateral associate candidates. This presents strategic considerations for both law firms and lateral candidates throughout the recruitment process, says Darin Morgan of Major Lindsey & Africa.

  • Zaslavskiy Does Little To Encourage Clear Crypto Guidance

    Alexis Collins

    A New York federal judge's decision last week in Zaslavskiy relieves the government of a potentially significant pleading burden when bringing cryptocurrency actions, but does not encourage clarification of clear standards for application of the Howey test, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.

  • Q&A

    Back To School: Stanford's Jeff Fisher Talks Supreme Court

    Jeffrey Fisher

    In this series featuring law school luminaries, Stanford Law School professor Jeffrey Fisher discusses his motivation for teaching, arguing before the U.S. Supreme Court and what the court might look like if Judge Brett Kavanaugh is confirmed.

  • Inside China’s Latest Cybersecurity Regulation Proposal

    Xiaoyan Zhang

    China's draft Cybersecurity Multi-Level Protection Scheme requires compliance from “network operators,” which is broadly defined in the Cybersecurity Law and could in practice cover any entity operating a computer network in China, say attorneys with Reed Smith LLP.

  • Aviation Watch: Why The F-35 Has Struggled To Take Flight

    Alan Hoffman

    Seventeen years after the U.S. Department of Defense awarded Lockheed Martin the contract for the F-35 Joint Strike Fighter, and 12 years after the first production aircraft flew in 2006, all versions of the plane remain far from combat-ready, or even fully operational. Recent concerns about cybersecurity have added to the project's woes, says Alan Hoffman, a retired attorney and private pilot.

  • What We Heard At The FTC Hearings: Day 1

    Barry Reingold

    Last week, the Federal Trade Commission began a series of public hearings on competition and consumer protection issues. Attorneys with Perkins Coie LLP offer some key takeaways from the three panel discussions.

  • Tips For Tech Cos. Developing Event Sponsorship Deals

    Leon Medzhibovsky

    IBM recently partnered with the U.S. Open to offer tennis fans a digital experience. This type of deal offers numerous benefits, but companies seeking to leverage their innovative technology in exchange for sponsorship packages should be aware of certain legal issues, say Leon Medzhibovsky and Airina Rodrigues of DLA Piper.