The Texas Lawbook Quotes Michelle Reed on Preparing for Data Breaches
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The Texas Lawbook has quoted Michelle Reed, co-head of Akin Gump’s cybersecurity, privacy and data protection practice, speaking about a new survey the publication conducted regarding who may be most vulnerable to cybersecurity and data breaches.
Reed, who has represented several companies and professional services firms that have experienced such breaches, said the survey shows that cybersecurity is taken more seriously than in the past, but there remain significant gaps.
“Every business and professional services company has a cyber-response plan, but very few actually test their programs,” Reed said. “When there is a real breach, they are unprepared.”
“Accountability and oversight” are critical components of a successful cybersecurity effort, Reed added. “There has to be someone responsible for owning cybersecurity, and that person has to have the authority to do something about it.”