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Practices

CYBERSECURITY

Cybercrime has become a major global threat that transcends industries and governments. Cybersecurity has evolved from a technical compliance issue to a fundamental concern that is the responsibility of senior executives and directors of companies. Carter Ledyard has a cybersecurity practice group to make it easier for clients to better understand today's changing cybersecurity threats and receive advice on how to handle them.

Carter Ledyard’s Cybersecurity group brings attorneys with expertise from across numerous practice areas, including litigation, intellectual property, corporate and financial services regulation together to provide clients with holistic advice on developing, strengthening, testing, and enforcing their information protection policies and procedures.

Our practical advice helps clients manage cybersecurity risks, regulatory actions, and engage in comprehensive planning, including the following subjects:

  • Cybersecurity and data protection policy development
  • Compliance counseling, risk assessment and mitigation
  • Corporate governance
  • Incident preparation, response and investigations
  • Vendor assessment
  • Cybersecurity insurance assessment
  • Reporting of incidents to regulators and agencies
  • Litigation

Our attorneys focus on helping clients navigate the myriad of state, federal and international regulations and guidelines, including:

  • Gramm-Leach-Bliley Financial Services Modernization Act
  • Sarbanes-Oxley (SOX) Act
  • USA PATRIOT Act
  • FINRA’s Report on Cybersecurity Practices for broker-dealers
  • SEC Regulation S-P
  • SEC Risk Alert on Cybersecurity Examination Sweep Summary
  • New York State’s Cybersecurity Requirements for Financial Services Companies
  • National Institute of Standards and Technology (NIST) Framework for Improving Critical Infrastructure Cybersecurity
  • Federal Financial Institutions Examination Council’s (FFIEC’s) Cybersecurity Assessment Tool and guidelines
  • The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency Proposed Rulemaking on Enhanced Cyber Risk Management Standards

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