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The Expanding Role of Lawyers in Addressing Cyber Risk at Financial Firms  (Volume 52, Number 5–March 6, 2019)


Author:  Avi Gesser.; Matthew Kelly.; Samantha Pfotenhauer.


Source: Volume 52, Number 05, March 1 2019 , pp.45-54(10)




Review of Securities & Commodities Regulation

Abstract: 

Cybersecurity regulatory compliance is imposing a myriad of new responsibilities on counsel of financial firms. The authors discuss, in detail, areas in which such counsel should play a key role, including “reasonable” cybersecurity protections, board oversight, public disclosures, and compliance with specific rules. They then turn to incident response, managing vendor risk, and M&A transactions.

Keywords: Cybersecurity Governance and Regulatory Compliance; Incident Response; Vendor Risk; M&A Transactions

Affiliations:  1: Davis Polk & Wardwell LLP; 2: Davis Polk; 3: Davis Polk.

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