Michelle Reed and Lauren York Address 2018 Cybersecurity Threats for Corporate Counsel Article

Corporate Counsel has published the article “Targeted: Companies Face Emerging Regulatory and Cybersecurity Threats in 2018,” written by Akin Gump litigation partner Michelle Reed, co-leader of the firm’s cybersecurity, privacy and data protection practice, and associate Lauren York.

The article looks at what could be some key cybersecurity trends in the coming year, including ransomware, sophisticated phishing and cyber destruction. Reed and York also provide an overview of changing regulatory frameworks, such as the General Data Protection Regulation, which goes into effect May 25 and “introduces a host of new regulations for data controllers and processors, aimed at giving individuals more control over their personal data.” They also cite the 2018 National Defense Authorization Act, which was signed into law by President Trump last month and “attempts to clarify the U.S.’s position on cyberattacks and cyber warfare, both offensive and defensive.”

Finally, the article offers some steps companies can take to ward off evolving cyber threats. Among the suggestions:

  • recognizing that no company is completely safe “and it is better to be proactive and contain any breach”
  • preparing an incident response plan
  • training employees
  • ensuring that an organization has a senior security officer

To read the full article, please click here.