Cybersecurity law is a patchwork of global statutes and regulations.  Unfortunately, Congress has failed to act in this area, leaving the EU and US States to “lead.”  As a result, companies are often required to follow the lowest (or highest) common denominator, depending on your perspective. At the US federal level, we have specific industries that have requirements for protecting sensitive personal information.  The Health...

Welcome to New Sponsor Trulioo: A Leading Global Identity and Business Verification Provider I am proud to announce a new sponsor, Trulioo, a cutting-edge identity and business verification solutions provider.  Trulioo’s products assist global companies with identity verification for Know Your Customer (KYC) requirements and business verification for Know Your Business (KYB) due diligence around the world. Trulioo offers cutting edge solutions that take a new...

Global companies are getting compliance overload, especially when it comes to third party risks.  As we have seen over the years, third-party risk management involves significant risks on anti-corruption, AML, fraud, sanctions, human trafficking and a host of other threats to a company’s reputational standing. But that is not all – you have to add cybersecurity to the list of third-party risk management issues.  Why?...

When you survey business leaders on significant risks, they invariably cite cybersecurity as number one and anti-corruption as number two.  For global businesses, this makes total sense.  Cyber-crime damage is estimated to hit $6 trillion annually by 2021, according to a study by Cybersecurity Ventures (here).  Information security and prevention are now required to protect a company from serious financial and operational harm. We are...