Endpoint

11/6/2017
12:35 PM
Dark Reading
Dark Reading
Products and Releases
50%
50%

Majority of Legal Departments Play Heavy Role in Data Security Risks Response

Survey explores general counsels' views on regulatory risk management and risk assessments to cybersecurity and data analytics.

Successful organizations understand that risk management is not just a compliance exercise but an opportunity to gain a competitive advantage. More than ever, legal departments are playing a significant role in managing risk and monitoring its effectiveness, especially in the critical area of cybersecurity.

Grant Thornton and Corporate Counsel magazine recently surveyed over 190 corporate general counsel to assess their views on the keys to business growth. The topics ranged from regulatory risk management and risk assessments to cybersecurity and data analytics. Below are a sampling of insights from Grant Thornton’s 2017 Corporate General Counsel Survey:

  • 58% of legal departments are highly involved in responding to data security risks; nearly a quarter have primary responsibility for the issue
  • Less than a quarter of counsel are very satisfied with their organizaton’s risk assessment
  • Nearly three-quarters of legal departments cite cyber issues as a top risk.
  • Of those very concerned about data security, only about a third feel adequately prepared


As a result of increasing risk concerns, the role of the corporate general counsel continues to evolve to include new, important areas of focus and responsibilities.  While maintaining a firm handle on the traditional functions of the legal department, the survey reveals that their role is increasingly concerned with regulation and compliance, as well as data privacy and related cybersecurity issues. 

Download Grant Thornton’s 2017 Corporate General Counsel Survey report to gain more insights

Learn more:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
More Than Half of Users Reuse Passwords
Curtis Franklin Jr., Senior Editor at Dark Reading,  5/24/2018
Is Threat Intelligence Garbage?
Chris McDaniels, Chief Information Security Officer of Mosaic451,  5/23/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
Flash Poll
[Strategic Security Report] How Enterprises Are Attacking the IT Security Problem
[Strategic Security Report] How Enterprises Are Attacking the IT Security Problem
Enterprises are spending more of their IT budgets on cybersecurity technology. How do your organization's security plans and strategies compare to what others are doing? Here's an in-depth look.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-11505
PUBLISHED: 2018-05-26
The Werewolf Online application 0.8.8 for Android allows attackers to discover the Firebase token by reading logcat output.
CVE-2018-6409
PUBLISHED: 2018-05-26
An issue was discovered in Appnitro MachForm before 4.2.3. The module in charge of serving stored files gets the path from the database. Modifying the name of the file to serve on the corresponding ap_form table leads to a path traversal vulnerability via the download.php q parameter.
CVE-2018-6410
PUBLISHED: 2018-05-26
An issue was discovered in Appnitro MachForm before 4.2.3. There is a download.php SQL injection via the q parameter.
CVE-2018-6411
PUBLISHED: 2018-05-26
An issue was discovered in Appnitro MachForm before 4.2.3. When the form is set to filter a blacklist, it automatically adds dangerous extensions to the filters. If the filter is set to a whitelist, the dangerous extensions can be bypassed through ap_form_elements SQL Injection.
CVE-2018-11500
PUBLISHED: 2018-05-26
An issue was discovered in PublicCMS V4.0.20180210. There is a CSRF vulnerability in "admin/sysUser/save.do?callbackType=closeCurrent&navTabId=sysUser/list" that can add an admin account.