Scarinci Hollenbeck, LLC
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Author: Scarinci Hollenbeck, LLC
Date: January 9, 2018
The Firm
201-896-4100 info@sh-law.comThe Equifax data breach was arguably the most captivating cybersecurity headline of 2017. In addition to the significant public relations fallout, the data breach spurred class-action lawsuits, government investigations, and renewed efforts to regulate credit reporting companies.
Of course, Equifax was not alone. In 2017, the WannaCry ransomware attack crippled businesses across the globe. Countless others fell victim to less publicized cyberattacks, such as phishing scams and malware.
Not surprisingly, the steady stream of data breaches and other cyberattacks has prompted a wide range of legal responses. Below are some of the key cybersecurity law developments of 2017:
As we head into 2018, cybersecurity risks will continue to increase for businesses and consumers alike. While technology is expected to help make threat detection easier and more cost-efficient, traditional cybersecurity measures, such as password protection and data backup, will continue to play a vital role.
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Ongoing economic uncertainty is forcing many companies to make tough decisions, which includes lowering staff levels. The legal landscape on both the state and federal level also continues to evolve, especially with significant changes to the priorities of the Equal Employment Opportunity Commission (“EEOC”) under the Trump Administration. Terminating an employee is one of the […]
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While filing annual reports may seem like a nuisance, failing to do so can have significant ramifications. These include fines, reputational harm, and interruption of your business operations. In basic terms, “admin dissolution for annual report” means that a company is dissolved by the government. This happens because it failed to submit its annual report […]
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If you’re considering closing your business, it’s crucial to understand that simply shutting your doors does not end your legal obligations. Unless you formally dissolve your business, it continues to exist in the eyes of the law—leaving you exposed to ongoing liabilities such as taxes, compliance violations, and potential lawsuits. Dissolving a business can seem […]
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Contrary to what many people think, corporate restructuring isn’t all doom and gloom. Revamping a company’s organizational structure, corporate hierarchy, or operations procedures can help keep your business competitive. This is particularly true during challenging times. Corporate restructuring plays a critical role in modern business strategy. It helps companies adapt quickly to market changes. Following […]
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Cryptocurrency intimidates most people. The reason is straightforward. People fear what they do not understand. When confusion sets in, the common reaction is either to ignore the subject entirely or to mistrust it. For years, that is exactly how most of the public and even many in law enforcement treated cryptocurrency. However, such apprehension changed […]
Author: Bryce S. Robins
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