find the latest legal job
Property Lawyer | In-house | Global UK Company | 3-8PQE | Melbourne
Category: Generalists - In House | Location: Melbourne VIC 3004
· Be part of a large in-house team · Property experience an advantage
View details
In-house Property Lawyer - 3-6year PQE | Dynamic High Impact Role
Category: Generalists - In House | Location: Melbourne VIC 3004
· Highly regarded internal legal team · Ideal first in-house role
View details
Inhouse Counsel | Technology Company | 3-6yr PAE
Category: Generalists - In House | Location: All Brisbane QLD
· Challenging mix of commercial contracts, IT/IP and corporate advisory
View details
Employment lawyer - Melbourne
Category: Industrial Relations and Employment Law | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Thriving national firm · Highly respected employment law practice
View details
Senior commercial litigation lawyer - Melbourne
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· High-performing national firm · Broad commercial litigation focus
View details
General counsel to take on added responsibility

General counsel to take on added responsibility

cyber

With cyber crime and data security becoming prominent concerns in every organisation, the role of general counsel is set to expand, requiring them to hone their skills in combating IT threats.

Originally published in Corporate Counsel, David Remnitz from Ernst & Youngs global forensic technology and discovery services practice and Timothy Ryan, an Ernst & Young principal in cyber investigations and forensic technology, said general counsel are increasingly becoming the go-to people for handling matters arising from data breaches.

“We are seeing chief legal officers and GCs involved as the nucleus, including the chief information officer, the chief risk officer in some instances, often a chief information security officer, and all the way up to the board of directors, along with outside counsel,” Mr Remnitz said.

“In breach response, like any action that carries the possibility of litigation, general counsel better be involved,” added Mr Ryan.

“I frequently say that you can either work on preparing for a breach or you can wait for one to happen, but on breach day you will be enmeshed. Unlike the old days, there is no way that a GC cannot be involved in a breach response,” he said.

Commenting on current trends in cyber security, Mr Ryan said Ernst & Young is seeing an increased awareness of “insider threats”.

“[These are] risks brought by employees, contractors and trusted partners who are misusing information or taking information through inappropriate means for inappropriate purpose,” he said.

“And we are seeing increased hacking by external groups: defacing or disabling public websites, or stealing information of value, such as medical records, intellectual property information and financial data.”

Mr Ryan noted that the company is also seeing larger breaches coming off the back of smaller, unmitigated incidents.

“There are often a series of small steps that go back months or years when the company saw something that needed fixing and it didn't get fixed,” he said.

“Regulators are constantly looking at how companies prepare for a breach.

“A breach alone is not a scarlet letter [to regulators], but failing to prepare for one is. And we're seeing that board members are increasingly concerned about not only risk to the company but also personal liability.”

Promoted content
Recommended by Spike Native Network
more from lawyers weekly
07:00
Vic government urged to consider spent convictions scheme
The Law Institute of Victoria has called on the state government to consider laws that will wipe the...
May 22 2017
Barristers raise funds for prize in memory of Katrina Dawson
Members of the NSW Bar Association have hit the pavement to raise funds for a new readers’ schola...
Diverse Hands
May 22 2017
Bringing gender diversity issues to the fore
Promoted by A varied career as a lawyer and barrister has led to a new focus on addressing gender...
APPOINTMENTS
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years...
Angela Lynch
May 9 2017
Women’s legal service appoints chief executive
Women’s Legal Service Queensland has appointed an experienced family lawyer as its new CEO. ...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...