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
Google Engineering Lead on Lessons Learned From Chrome's HTTPS Push
Kelly Sheridan, Staff Editor, Dark Reading,  8/8/2018
Election Websites, Backend Systems Most at Risk of Cyberattack in Midterms
Kelly Jackson Higgins, Executive Editor at Dark Reading,  8/14/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-8405
PUBLISHED: 2018-08-15
An elevation of privilege vulnerability exists when the DirectX Graphics Kernel (DXGKRNL) driver improperly handles objects in memory, aka "DirectX Graphics Kernel Elevation of Privilege Vulnerability." This affects Windows Server 2012 R2, Windows RT 8.1, Windows Server 2016, Windows 8.1, ...
CVE-2018-8406
PUBLISHED: 2018-08-15
An elevation of privilege vulnerability exists when the DirectX Graphics Kernel (DXGKRNL) driver improperly handles objects in memory, aka "DirectX Graphics Kernel Elevation of Privilege Vulnerability." This affects Windows Server 2016, Windows 10, Windows 10 Servers. This CVE ID is unique...
CVE-2018-8412
PUBLISHED: 2018-08-15
An elevation of privilege vulnerability exists when the Microsoft AutoUpdate (MAU) application for Mac improperly validates updates before executing them, aka "Microsoft (MAU) Office Elevation of Privilege Vulnerability." This affects Microsoft Office.
CVE-2018-8414
PUBLISHED: 2018-08-15
A remote code execution vulnerability exists when the Windows Shell does not properly validate file paths, aka "Windows Shell Remote Code Execution Vulnerability." This affects Windows 10 Servers, Windows 10.
CVE-2018-8398
PUBLISHED: 2018-08-15
An information disclosure vulnerability exists when the Windows GDI component improperly discloses the contents of its memory, aka "Windows GDI Information Disclosure Vulnerability." This affects Windows 7, Windows Server 2012 R2, Windows RT 8.1, Windows Server 2008, Windows Server 2012, W...