Organizations and their law firms should work to securely protect and control sensitive information at every stage of the content lifecycle.
A former employee of Microsoft has been accused of stealing trade secrets related to Windows 8 from the company, and passing them to a technology blogger.
Most businesses are unaware of the dangers of increased collaboration, and the legal regulations in place to protect sensitive data. Compliance is a necessary part of day-to-day activities, and CIOs and CISOs need to be vigilant.
With the threat of data breaches, theft or other types of information loss impacting businesses today, organizations need to be fully aware of the potential risks around data privacy and the laws in place to ensure greater information security.
Intralinks decided to host the webcast because risk — both managing and preparing for it — is the crux of what keeps a General Counsel up at night. The Chief Legal Officer, Chief Compliance Officer, or Corporate Secretary (sometimes all three roles are filled by the same person), is responsible for protecting their company from risk… a tall order in today’s global, information-rich world.
While the Galleon news has primarily faded into the backdrop of the media landscape, its impact continues to pervade the financial services industry in myriad ways from a heightened focus on compliance to an increased spotlight on insider trading and the exchange of critical, sensitive and material non-public information. This single breach clearly illustrates the enormous impact one single employee can have on ruining the trust a company has spent so many years building with its clients, the financial services industry and its employees.
This becomes a bigger problem when a private equity firm decides it’s time to spin off the asset and start an M&A process, as it can become painstaking to gather information together in one place.