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Updates, news and general commentary on global legal services from EY.

Legal challenges are shaping cyber insurance discussions

April 15, 2019

The latest EY Global Information Security Survey reveals that only 65% of organizations believe they have cyber insurance that meets their needs. Two recent, significant, legal actions indicate that as cyber threats and their associated risks increase, even the remaining 35% of organizations may not be adequately covered by insurance. The two cases raise a … More Legal challenges are shaping cyber insurance discussions

Buyer beware. Cybersecurity due diligence for transactions

February 27, 2019

In the context of a transaction, it is common to focus due diligence on areas such as tax, employment and real estate. Devices enabling connectivity and the adoption of digital technologies (robotic process automation, artificial intelligence, etc.) have increased companies’ vulnerability to a security breach. The connected ecosystem, together with growing regulatory scrutiny of data … More Buyer beware. Cybersecurity due diligence for transactions

Mitigating Third-party Cyber Risks in a New Regulatory Environment

January 28, 2019

The headlines are full of data breaches. A report in October from the UK National Cyber Security Centre revealed that the GCHQ offshoot had stopped almost 1,200 attacks in the past two years and is fighting off around 10 attacks every week. These numbers don’t account for the many more cyber attacks targeting private companies and their … More Mitigating Third-party Cyber Risks in a New Regulatory Environment