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State-sponsored cyberspying hits small businesses | USA Today (Acohido)

Nation-state-supported cyberspies are increasingly targeting small businesses as part of long-term espionage campaigns.

That’s a new pattern that emerges in Verizon’s just released 2013 Data Breach Investigations Report (DBIR), which correlates forensics findings from 621 actual databreach investigations in 27 different countries.

Verizon’s DBIR has long been considered a rich trove of security intelligence in the cybersecurity community. And it’s getting richer. This year’s version includes contributions from a record 19 different investigatory organizations from around the world. Key findings:

  • 38% of breaches hit larger organizations
  • 37% affected financial organizations
  • 24% occurred at retailers and restaurants
  • 20% involved manufacturing, transportation and utilities.

via State-sponsored cyberspying hits small businesses.

E-Discovery Doesn’t Have To Be A Dirty Word | mondaq (Fox Rothschild LLP – Matthew Adams)

It is 2013, yet the term “e-discovery” is still considered a dirty word in some circles.  Imagine that, we can use technology to check in on Facebook or send a Tweet from a smart phone in just about any corner of the globe, but when it comes time to litigate issues that invoke the dreaded “e word,” litigants and even judges become bewildered, shuttering at the thought of garnering the necessary evidence to successfully prosecute or defend against a claim through the use of 21st century technology.  It doesn’t have to be that way.

Most of the resistance to incorporating digital evidence into a case revolves around cost, and there is no avoiding the fact that e-discovery comes at a price.  One need not look any further than the recent decision by United States Magistrate Judge Michael Hammer in Juster Acquisition Co. v. North Hudson Sewerage Authority, 12-cv-3427, to realize both that e-discovery is a critical component of litigation, and that it comes at a price.  In Juster, Magistrate Hammer rejected the plaintiff’s contention that a request for e-mail discovery was too broad, unduly burdensome, unreasonably cumulative or duplicative, reasoning that all that all the plaintiff needed to do was run key word searches of its database.  Moreover, Magistrate Hammer ruled that the plaintiff would have to bear the expense of the necessary searches on its own, and that the costs would not be shifted to the requesting party. It is not as steep a cost as many think if done correctly, especially when the costs of not undertaking the e-discovery process are considered, but I’m not here to plug the vendors performing the valuable work in this space.  The real issues that I am here to tackle are some major misconceptions about a simple hyphenated word that has thrust its way into the legal lexicon as a product of the ongoing digitalization of our world.

One of the biggest misconceptions associated with e-discovery is confusion about what e-discovery really means.  As much as many clients (and, sadly, even some lawyers and judges) view e-discovery as just some exclusive, automated way of reviewing documents that only so-called “white shoe” law firms can afford, that is just not accurate.  E-discovery is actually a general term used to describe two separate, yet related, activities involving electronically stored information (“ESI”): (A) the collection of ESI through digital forensics to preserve the integrity and admissibility of the evidence; and (B) the production and review of ESI during the course of a case, including all of its constituent sub-parts, using specialized tools (i.e. software).  The former is necessary, in short, to ensure that the ESI is collected in a way that it remains admissible and credible for use at trial.  The latter is a way that the “techies” have devised for making the ESI usable by lawyers, their clients, and the courts (in other words, the “non-techies” among us) to garner the facts needed for a particular case.

via E-Discovery Doesn’t Have To Be A Dirty Word – Litigation, Mediation & Arbitration – United States.

Solving the Biggest Problems of E-Discovery | Corporate Counsel (Sue Reisinger)

In the swiftly evolving field of electronic discovery, courts are moving away from harsh sanctions and toward more creative and proportional solutions to what has become a very costly problem for many companies.

That’s the view of several experts at Gibson, Dunn & Crutcher who took part Thursday in a webcast on e-discovery hot topics. The session was based on the law firm’s lengthy “2012 Year-End Electronic Discovery Update: Moving Beyond Sanctions and Toward Solutions to Difficult Problems.”

“The e-discovery playing field continues to shift rapidly, and general counsel need to be aware of the developments and how [the changes] impact their companies’ strategies,” Gareth Evans told CorpCounsel.com before the webcast. Evans, who is based in Los Angeles, co-chairs the firm’s e-discovery law practice group.

The continuing changes can impact a company’s obligations in discovery, added the other co-chair, New York-based Jennifer Rearden. “And the courts’ receptivity to new approaches to document review may significantly reduce the general counsel’s legal spend,” Rearden noted.

Kicking off the webcast, litigation associate Heather Richardson said two key topics of change were the courts’ imposing fewer major sanctions, such as terminating a case in the other party’s favor as a measure against companies for faulty e-discovery efforts; and the courts’ growing acceptance of parties using predictive coding.

via Solving the Biggest Problems of E-Discovery.

How to Cut Bribery-Prevention Costs | CFO.com (Dennis Haist)

Most companies operating in the global arena are familiar with the ongoing regulatory enforcement of antibribery and corruption (ABAC) statutes. But confusion still reigns over how best to implement a robust, risk-based compliance program that provides the best possible protection at a cost that fits within a company’s budget.

Given the recently published resource guide on the Foreign Corrupt Practices Act (FCPA), published jointly by the Securities and Exchange Commission and the Department of Justice, taking such a risk-based approach to conducting third-party ABAC due diligence is the standard all companies should ensure they meet.

Since conducting due diligence on third parties is both a cornerstone and a cost driver of any ABAC compliance program, building a credible and well-documented program that systematically and objectively defines and assesses third-party risk is critical.

As with any business program, the key to effective planning is to begin with a clear set of objectives. For an ABAC program, critical objectives include gaining a thorough understanding of how the business operates with respect to anti-bribery and corruption — and  with that understanding, conducting a comprehensive ABAC risk assessment relative to third parties.

The result will be the foundation for a well-planned, risk-based ABAC program. While there are common steps to creating an ABAC compliance program, there is no one-size-fits-all, off-the-shelf program. Just as each company’s appetite for risk is different, so is each risk-based ABAC program.

via haist fcpa abac global risk management fraud steele.