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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.


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Client Alert | 2 min read | 07.15.26

CMMC Phase II Suspension Requires Reconsideration of Such Requirements in Solicitations

As discussed in more detail here, the U.S. Department of War (DoW) recently issued a memorandum (Memo 26-P-1023, dated July 13, 2026) directing the immediate suspension of Cybersecurity Maturity Model Certification (CMMC) Phase II requirements (Level I and II self assessments are still permitted). Significantly, the memo directs that “all pending and future CMMC implementation milestones across DoW solicitations and contracts are held in abeyance until further notice.” Moreover, the DoW issued a memorandum on implementing these requirements (available here), directing agencies to issue amendments removing CMMC Level 2 and 3 requirements from active solicitations “as soon as practicable.” Contractors should monitor the government’s compliance with this requirement and should be prepared, if needed, to file a bid protest to protect their rights....

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