Representation and Warranty Insurance: Exploring Trends, Updates, and Challenges Amidst the COVID-19 Pandemic

2021-07-06T21:27:39-04:00

The current global health crisis brought by COVID-19 continues to radically modify important economic activities across the world. In response to the pandemic, the representations and warranties (R&W) insurance landscape has also started to witness notable developments, specifically in relation with COVID-19-related exclusions and due diligence expectations.

Storage & Backup Security; The Final Frontier
Threat Landscape, Industry Readiness, and Practical Advice

2021-08-27T03:58:20-04:00

Along with the digitization of many business processes, companies need to address the various cyber threats today’s landscape presents. If not properly managed, these cyber risks could lead to significant IT outages, eventually crippling business operations. As ransomware – and other cyberattacks – become more sophisticated, it further underscores the need for security teams to advance their vulnerability management programs to ensure that any susceptibility to cyberattacks is proactively detected and repaired, and their data storage systems are secure and impenetrable.

Lost Profit Damages Litigation: Recent Trends, Developments, and Defense Strategies Explored

2021-07-18T21:51:39-04:00

The lost profit damages litigation landscape unceasingly shifts as emerging trends and court rulings continue to reshape the current paradigm. Notably, the economic disruption brought by the COVID-19 pandemic further complicates the calculation of damages, particularly for claims involving breach of contract or business interruption insurance.

What’s Ahead for Consumer Financial Protection: Navigating the Evolving Legal and Regulatory Landscape For Financial Services Companies

2021-09-16T01:15:18-04:00

The Consumer Financial Protection Bureau (CFPB) enforcement landscape has been continuously reshaped by significant rule changes and regulatory developments. Among the latest issues, which the financial services industry needs to be aware of, include consumer protection concerns related to COVID-19 and CFPB’s anticipated rules relating to default mortgage servicing. Both are expected to bring more complexity and compliance challenges to financial institutions.

Punitive Damages in Asbestos Litigation: What You Must Know and Do

2021-09-01T01:26:41-04:00

The past years have recorded a significant number of punitive damages awards in asbestos-related lawsuits. However, granting of punitive damages awards can pose critical issues in asbestos litigation. This is because the potential for punitive damages can profoundly affect the plaintiff verdict and may increase the settlement values of asbestos-related claims.

A Practical Guide on ITC Section 337 Investigations: Dodging Pitfalls and Maximizing Opportunities

2021-05-31T03:29:20-04:00

U.S. International Trade Commission (ITC) investigations have been on the rise over the past years. Just in the first quarter of 2020, a significant increase in the number of lawsuits and ancillary cases have been launched, as well as inquiries underway. The ITC also continues its efforts and investigations under Section 337 despite the extended postponement of its in-person hearings because of the current COVID-19 pandemic.

Leveling Up Your Cybersecurity with Zero Trust: A Holistic Approach Against Today’s Threats

2021-06-13T23:20:52-04:00

In today’s business climate where sophisticated cyberattacks continue to challenge organizations, cybersecurity programs must be anchored around the “zero trust” principle. This approach is a security scheme designed to ensure that critical assets are accessed by authenticated and authorized users only, preventing potential outside and inside threats.

Effective Executive Compensation Strategies: Treading Through the Difficult Challenges

2021-05-31T02:51:04-04:00

The executive compensation landscape has continuously evolved over the years. Companies have been confronted with shifting regulatory standards, competitive global markets, and economic challenges and demands. These developments require businesses to re-evaluate their existing executive compensation strategies and policies and turn them into a more effective and advanced program to mitigate risk exposure and legal liabilities.

Preventing Ransomware Attacks: A Practical Guide to Enhancing IT Security and Resiliency

2021-09-14T02:22:08-04:00

Most, if not all, of today's businesses are turning to technology to improve the productivity of their business processes. While such an undertaking provides opportunities to increase the bottom line, the risks of sophisticated ransomware attacks that come along with it should never be ignored. Cybercriminals are here to stay with new tactics and strategies to hostage highly significant business data. If not properly addressed, ransomware attacks can result in significant technical, financial, and reputational damages.

The Intersection of Bankruptcy and Cryptocurrency: What Companies Must Know and Do to Mitigate Risks

2021-08-30T01:19:48-04:00

Cryptocurrency is currently gaining popularity around the world as it builds better investment opportunities for several business sectors including the financial and banking industry. However, along with its soaring prominence, issues such as insolvency, crypto-backed finance, valuation claim risks, and digital asset restructuring challenges also emerge.

The California Consumer Privacy Act (CCPA): Regulatory Trends and Challenges Explored

2021-07-07T02:18:07-04:00

The California Consumer Privacy Act (CCPA) significantly reshaped privacy laws, creating a profound impact on California-based companies and consumers. Since its enactment, businesses have been faced with increased challenges and compliance hurdles and its effect will be further felt as revisions to the existing regulations are still possible.

Anti-Money Laundering Due Diligence and Compliance in the 2020 Landscape: Going Beyond the Horizon

2021-07-12T05:57:27-04:00

Over the past years, anti-money laundering due diligence and compliance has continuously intensified and remained to be among the ever-evolving challenges for businesses. Furthermore, the rapid developments brought by financial technologies have opened cyber and insider threat vulnerabilities, adding up to the risks that regulators and financial institutions need to address.

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