Entries tagged: cybersecurity

The Technology Sector featuring Dr. James Hayward of Applied DNA Sciences and Marty Schmitt and Kevin Edwards of Flexible Systems

Posted: May 29th, 2018

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With its vibrant startup community and universities, Long Island is home to incredible technological innovation, and this episode spotlighted some of its gems. Dr. James Hayward, President & CEO of Applied DNA Sciences, demonstrated that he is the rare scientist who understands business and how to commercialize inventions. With Applied DNA, he’s cleaning up and securing the supply […]

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Navigating the Complex Web of Data Breach Notification Laws

By: Jack Harrington, Esq.

Posted: May 10th, 2018

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Facebook CEO Mark Zuckerberg testified before Congress in April about how a political consultancy had improperly accessed the personal data of nearly 90 million Facebook users.  The Congressional hearings prompted by Cambridge Analytica’s misappropriation of personal data was not the social media company’s first brush with the federal government regarding the protection of user data.  […]

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Cybersecurity on Your Side: Nationwide Settles Data Breach Lawsuit Spanning 33 States

By: Jeff Basso, Esq.

Posted: October 27th, 2017

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It’s happening more and more these days: massive data breaches are affecting companies that people use on a regular basis for business or personal reasons.  Typically, hackers will infiltrate a company’s security system, exposing sensitive and personal information of that company’s customers.  Lawsuits then follow, typically in the form of a class action.  Back in […]

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Cybersecurity Due Diligence in Mergers and Acquisitions

By: Christine Malafi, Esq.

Posted: September 26th, 2017

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There is no doubt that effective due diligence is essential in any merger or acquisition of businesses.  Conducting a complete and through investigation of a target company is critical to a potential buyer’s decision to purchase a company, at what price, and subject to what terms, conditions, representations, and warranties. Proper due diligence will cover […]

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Exploring Cybersecurity in Healthcare

By: William McDonald, Esq.

Posted: September 26th, 2017

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Are you tired of seeing the word “cyber” inserted in front of everything?  I know I am.  Cybersecurity in healthcare requires security implementation to the modern methods in which we communicate (email and texts), store information (databases and computers), and diagnose and treat disease (medical devices, wearable technology).  The computing power each person now has […]

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Preserving Attorney-Client Privilege When Responding to a Cybersecurity Breach

By: Jack Harrington, Esq.

Posted: May 25th, 2017

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You are the CEO of a small or medium-sized company and someone from your IT team runs to your office, pale-faced, to tell you that the company’s network has been hacked.  They don’t know how the penetration occurred, when, or whether any data or confidential material has been stolen.  Who do you call first?  Your […]

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Five Questions To Ask About Your Company’s Cybersecurity Insurance Policy

By: Jack Harrington, Esq.

Posted: April 26th, 2017

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Companies of all shapes and sizes understand the importance of general commercial liability coverage. But, with the unprecedented rise in cyber attacks—particularly against businesses that collect and store the personal, medical, or financial data of their customers—how many companies have invested in the necessary cybersecurity insurance coverage?  PwC estimates that cyber insurance premiums will reach […]

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A New Cybersecurity Reality for the New York Insurance and Financial Services Industries

By: Jack Harrington, Esq.

Posted: February 9th, 2017

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  On March 1, 2017, the New York financial services industry will awaken to a new regulatory regime designed to set minimum standards for the development and functionality of cybersecurity programs.  The New York State Department of Financial Services’ (“DFS”) proposed cybersecurity regulation (the “DFS Rule”) will cover any institution doing business in New York […]

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Shifting Credit Card Transaction Liability – The Potential Impact on Your Business

By: Vincent Costa, Esq.

Posted: August 26th, 2015

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Beginning October 1, 2015, a shift in credit card security and in-store fraud liability could place unwary merchants and business owners at risk. EMV, which stands for Europay, MasterCard, and Visa, is a relatively new form of credit card (in the United States) that utilizes computer chip technology intended to help prevent transactional data breaches […]

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Cyber Liability Insurance: What it Protects Against

By: Christine Malafi, Esq.

Posted: March 18th, 2015

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Cyber liability insurance is a risk management tool and a form of protection that a business can purchase to limit economic losses from damages and for liability from a potential hacking.  Most industries in today’s world conduct a lot of business through computers and the internet.  While modern technology helps to promote efficiency and organization […]

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