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Corporate Counsel Can Help Boards Close Tech Knowledge Gap

Image by Michael Schwarzenberger from Pixabay
Posted on June 21, 2019 by | C-Suite, Corporate Culture, Corporate Governance, General Counsel, In-House Counsel, Information Governance, Legal Departments | No Comments

Half of public company directors say their boards lack insight into emerging technologies affecting their industry, and they often rely too heavily on management to stay current, finds a new survey from Ernst & Young. Corporate general counsel are well positioned to get their boards up to speed and help guide the organization to tech investments that will advance efficiencies, as well as minimize the potential risk of hasty technology adoption. General counsel can bridge the divide by “[making] sure that not only the board, but management, is getting some type of external perspective so they can sufficiently address the […]

Business Adjusts to GDPR’s ‘Informed Consent’ Mandate

Informed Consent under GDPR
Posted on April 24, 2019 by | Big Data, California Consumer Privacy Act, Compliance, Data breach, Data Privacy, GDPR, General Counsel, In-House Counsel, Information Governance, Information Technology IT, Legal Departments | No Comments

The largest regulatory fine leveled against a company since the General Data Protection Regulation was enacted in May 2018 is poised to reshape business compliance practices across industries. In late January, CNIL fined a big-tech giant nearly $57 million, citing what the French data-protection regulator saw as failure to meet the core requirements of informed consent under GDPR. As the decision goes through appeal, the debate is far from settled about what constitutes informed consent in personal data collection. Nor will the scythe cut only the tallest grass. Read the full report.

Escalating Cyber Attacks Pose New Challenges for General Counsel

Cybersecurity chalenges for general counsel
Posted on March 1, 2019 by | Cybersecurity, Data breach, Information Governance | No Comments

Recent cyber attacks on major U.S. businesses and government agencies are putting pressure on general counsels to help fortify internal data protocols. Beyond recent attacks against dozens of U.S. corporations and agencies, companies also face the escalating threat of financial liability. Earlier this year, former executives of a major web services provider agreed to pay $29 million to settle assertions they did not live up to their fiduciary duties in safeguarding customer data during cyber attacks between 2013 and 2016. Read the full report.

Fostering Information Governance in Today’s Organization

Posted on November 13, 2018 by | Big Data, Information Governance | No Comments

The need for a global view of information is emerging. In the late 1800s, the art world saw a new painting technique in which small dots, applied in patterns, created an entire visual display only discernable when the viewer stepped back. Similarly, enterprises today can only glean their full information picture by looking beyond single data points, housed in siloed departments. Enterprises must scan vast data held across their organization and with global partners to effectively create, store, track, transfer, and, where mandated, destroy data. Read the full white paper.

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