Cyber Spies Stealing Corporate Secrets & Technology
Client Alert | 1 min read | 04.09.14
With cyber heists plundering $1 trillion in global intellectual property (per President Obama) and driving "the greatest transfer of wealth in human history" (per NSA Director Alexander), corporations face bet-the-company threats when cyber attacks and data breaches empty their intellectual property vaults, torpedo their mergers and business deals, and crush their stock prices. In their recent article, "Pillaging the Digital Treasure Troves: The Technology, Economics, and Law of Cyber Espionage," published in the ABA's The SciTech Lawyer (Winter 2014), C&M attorneys David Bodenheimer and Gordon Griffin explore the methods employed by cyber spies to steal corporate IP and trade secrets, discuss the economic impact of cyber theft at the individual corporate level (i.e., the business case for cybersecurity), and the looming litigation, regulatory, and enforcement risks to corporations suffering technology and IP losses as a result of cyber thefts.
Insights
Client Alert | 6 min read | 04.25.24
On April 22, 2024, the Office of Management and Budget (OMB) issued a Final Rule significantly revising the Uniform Guidance for grants, cooperative agreements, and other federal financial assistance. The Final Rule (titled “OMB Guidance for Federal Financial Assistance”), and OMB’s accompanying memorandum to agencies and reference guide, state that the revisions aim to streamline and clarify the grant rules and improve management, transparency, and oversight of federal financial assistance. Agencies must implement the Final Rule by October 1, 2024; however, agencies may apply it to federal awards as early as June 21, 2024.
Client Alert | 3 min read | 04.24.24
Client Alert | 2 min read | 04.24.24
FTC Continues Focus on Tracking Technologies and Personal Health Data
Client Alert | 9 min read | 04.24.24
