Press Release | Intralinks

Intralinks and Field Fisher Waterhouse team to address enterprise collaboration and data privacy and regulatory concerns

Date: 11/06/2013

New report proposes best practice on legal compliance in corporate collaboration

The paper, entitled “Confidential Collaboration: How to manage regulatory compliance & data privacy while keeping your data safe”, was commissioned by Intralinks and written by Field Fisher Waterhouse. 

It makes recommendations on the steps that organizations should take to help achieve legal compliance, using examples of recent high profile incidents involving corporate information use, access and sharing.

The paper explores the following issues:

  • Recommendations on how to minimize legal risks, and avoid significant fines, penalties and loss of reputation resulting from non-compliance
  • Data protection laws in different legal jurisdictions, including the EU and the US
  • An objective assessment of where data is safest, in terms of legal rules preventing unlawful access 
  • The importance of comprehensive due diligence when working with third party data processors
  • Guidelines for IT and Business management for proper governance, risk mitigation and compliance

The paper’s author, Stewart Room, Partner at Field Fisher Waterhouse, says: “Many organizations are slow to realize the threats posed by ungoverned collaboration and information sharing. The evolution and proliferation of collaboration and information sharing tools, improved mobile connectivity, the adoption of agile working practices, and device affordability, all mean that organizations’ perimeters are deconstructing.”

He continues, “The resulting loss of control over commercially sensitive or highly regulated information can lead to significant legal risk.”

John Landy, CSO, Intralinks, adds: “With PRISM, the NSA, and Wikileaks in the news on a daily basis, businesses and their employees are becoming increasingly aware of the potential risks around data privacy. These are of prime concern for CIOs and CISOs who understand that successful collaboration and information sharing are vital to business success but, with data breaches costing US companies an average of $5.4m, they are especially mindful of the growing regulatory powers in place to ensure greater data security and punish breaches.”

Landy concludes, “It’s our aim to make businesses fully aware of these regulations, and offer them best practice advice on how to share corporate information both internally and externally, while remaining secure and compliant.”

The report can be downloaded for free here.

About Intralinks 

Intralinks Holdings, Inc. (NYSE: IL) is a leading, global technology provider of inter-enterprise content management and collaboration solutions. Through innovative Software-as-a-Service solutions, Intralinks solutions are designed to enable the secure and compliant exchange, control, and management of information between organisations when working through the firewall. More than 2.7 million professionals at 99% of the Fortune 1000 companies depend on Intralinks' experience. With a track record of enabling high-stakes transactions and business collaborations valued at more than $23.5 trillion, Intralinks is a trusted provider of easy-to-use, enterprise strength, cloud-based collaboration solutions. For more information, visit www.intralinks.com.

About Field Fisher Waterhouse

​Field Fisher Waterhouse is a European law firm providing commercial solutions across a range of industry sectors. We have a particular focus on companies that are highly regulated and those with intellectual property and technology driven business models.

The firm has over 150 partners, 240 other lawyers and nearly 300 support staff across offices in Brussels, Hamburg, Paris, London, Munich, Manchester, Shanghai and Palo Alto.

Our main areas of practice are corporate, IP, technology and regulatory law. We also have leading expertise in areas such as banking and finance, financial services, real estate, dispute resolution, personal injury and medical negligence. Our sector focus is on Technology, Media & Telecoms, Energy & Natural Resources, Financial Institutions, Hotels, Retail & Leisure, and Life Sciences & Healthcare.

We have an international client base that includes listed and unlisted companies, multinationals, financial institutions, professional partnerships, trade associations and Government departments.

For more information, visit http://www.ffw.com/

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