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Held To Ransom: How Cyberattacks Can Become A Legal And Regulatory Odyssey For A Private Investment Fund – Security

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Where business-critical information or platforms are at stake,
many commercial parties will seriously consider immediately paying
the ransom hoping to regain control of operations, secure client
data and avoid continued business disruption and negative
publicity. However, businesses may wish to pause. Cyberattacks, by
their very nature, know no borders and nor therefore should a
private fund’s response.

In the first of this two-part series for Cybersecurity Law
, Proskauer outlines immediate incident response steps
and analyses whether to pay a ransom, from U.S., U.K. and E.U.

Read the full article here.

The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.

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