Cybersecurity Insurance

Author(s):

Lauren Abshire, Director of Content Strategy, United States Cybersecurity Magazine

A man in a suite stands with an umbrella as binary code rains down. The photo is a metaphor for Cybersecurity Insurance.

The number of data breaches are constantly on the uprise, and they are costly. Business owners are taking preventative and proactive measures to secure and implement best cybersecurity practices. There is a virtually new…

From the Winter 2015 Issue

Non-Competes in the Cybersecurity Industry

Author(s):

Kenneth L. Samuelson, Esq., , Samuelson Law Offices, LLC

Usually, you can’t develop cybersecurity products and businesses by yourself. You need to work with others and, in the process, to disclose, to them, confidential information. In doing so, most cybersecurity companies will want to protect their proprietary technology, customer and prospects lists, and other trade secrets as much as possible. Furthermore, many cybersecurity companies … Read more

From the Fall 2014 Issue

INTERNATIONAL COOPERATION IN COMBATING CYBERTHREATS: THE U.S. – ISRAEL EXAMPLE

Author(s):

Ira E. Hoffman, Esq., Of Counsel, Butzel Long

In recent years, two significant developments — (1) the sabotage of centrifuges and Programmable Logic Controllers at Iran’s secret Natanz nuclear fuel-enrichment facility by the Stuxnet worm, and (2) the accelerating growth in the tremendous investment by American information technology (“IT”) giants in Israel — have come to epitomize the close cooperation between the U.S. … Read more

From the Summer 2014 Issue

Thinking Ahead – Implementing the NIST Cybersecurity Framework to Protect from Potential Legal Liability

Author(s):

Markus Rauschecker, J.D., Cybersecurity Program Manager, University of Maryland Center for Health and Homeland Security

Private sector organizations should be motivated to implement the NIST Cybersecurity Framework not only to enhance their cybersecurity and to benefit from added incentives to do so, they should also implement the Framework to lower their potential risk of legal liability.  Failure by the U.S. Congress to pass meaningful cybersecurity legislation led the President to … Read more

From the Summer 2014 Issue

Cyber Deals Deconstructed: The Good, the Bad, and the Ugly of Cybersecurity Mergers & Acquisitions

Author(s):

Michael N. Mercurio, Esq., , Offit|Kurman

It’s the sales season in the cybersecurity industry.  Why? Just take a look at the headlines.  Edward Snowden leaked classified national security documents last year, prompting global interest in privacy matters. Retail chain Target suffered a devastating customer data breach months later. Then emerged the Heartbleed bug, which cyber-criminals exploited to obtain user passwords kept by … Read more

From the Spring 2014 Issue

THE (SLOWLY) EVOLVING LANDSCAPE OF SECURITY CLEARANCES IN THE CYBERWORLD AFTER SNOWDEN

Author(s):

Ira E. Hoffman, Esq., Of Counsel, Butzel Long

Shortly after Edward Snowden burst onto the scene in May 2013, we learned — too late — that there were multiple “red flags” in his background investigation that should have prevented him from gaining access to the countless numbers of classified National Security Agency (NSA) documents that he leaked. Although Snowden has caused untold damage … Read more

From the Spring 2014 Issue

“Cutting through the Chatter – Can the Federal Government Lead in Developing Cybersecurity Standards?”

Author(s):

David Robbins, Chairman, Government Contracts Practice, Shulman Rogers Gandal Pordy & Ecker, P.A.

Cybersecurity has a dirty little secret. Despite all the buzz, nobody knows what cybersecurity actually is. Many people have ideas about what cybersecurity should be. And there are dramatic predictions about market size. But we are not yet at a point where anyone can say, authoritatively, what cybersecurity actually is. We are in the digital … Read more

From the Winter 2014 Issue

UNIQUE ISSUES IN CYBERSECURITY MERGERS & ACQUISITIONS FOR THE GOVERNMENT CONTRACTOR

Author(s):

Donald J. Walsh, Esq., Chair Government Contracting Practice Group, Offit|Kurman, P.A.

Although the economy may have been on a rollercoaster for several years, one consistent growth market has continued to be government contracting. Despite recent sequestration and budget cuts, the stability of revenues for the vast majority of government contractors has led to considerable Mergers & Acquisitions activity over the past few years. Nowhere is this … Read more

From the Winter 2014 Issue

CYERSECURITY LIABILITIES, COSTS, AND POTENTIAL SAFE HARBORS

Author(s):

Edward J. Tolchin, Esq., Principal, Cybersecurity and Government Contracting Practice Groups, Offit|Kurman, P.A.

Knowledge of where the law is and where it likely is headed is an important aspect of assessing the financial impacts of Cybersecurity decisions.  The impacts of the law on Cybersecurity corporate planning abound. A few examples will suffice to make the point: the European Commission is considering whether to mandate European Union member states … Read more