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
Oldest First  |  Newest First  |  Threaded View
High Stress Levels Impacting CISOs Physically, Mentally
Jai Vijayan, Freelance writer,  2/14/2019
Valentine's Emails Laced with Gandcrab Ransomware
Kelly Sheridan, Staff Editor, Dark Reading,  2/14/2019
Making the Case for a Cybersecurity Moon Shot
Adam Shostack, Consultant, Entrepreneur, Technologist, Game Designer,  2/19/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
5 Emerging Cyber Threats to Watch for in 2019
Online attackers are constantly developing new, innovative ways to break into the enterprise. This Dark Reading Tech Digest gives an in-depth look at five emerging attack trends and exploits your security team should look out for, along with helpful recommendations on how you can prevent your organization from falling victim.
Flash Poll
How Enterprises Are Attacking the Cybersecurity Problem
How Enterprises Are Attacking the Cybersecurity Problem
Data breach fears and the need to comply with regulations such as GDPR are two major drivers increased spending on security products and technologies. But other factors are contributing to the trend as well. Find out more about how enterprises are attacking the cybersecurity problem by reading our report today.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-8980
PUBLISHED: 2019-02-21
A memory leak in the kernel_read_file function in fs/exec.c in the Linux kernel through 4.20.11 allows attackers to cause a denial of service (memory consumption) by triggering vfs_read failures.
CVE-2019-8979
PUBLISHED: 2019-02-21
Koseven through 3.3.9, and Kohana through 3.3.6, has SQL Injection when the order_by() parameter can be controlled.
CVE-2013-7469
PUBLISHED: 2019-02-21
Seafile through 6.2.11 always uses the same Initialization Vector (IV) with Cipher Block Chaining (CBC) Mode to encrypt private data, making it easier to conduct chosen-plaintext attacks or dictionary attacks.
CVE-2018-20146
PUBLISHED: 2019-02-21
An issue was discovered in Liquidware ProfileUnity before 6.8.0 with Liquidware FlexApp before 6.8.0. A local user could obtain administrator rights, as demonstrated by use of PowerShell.
CVE-2019-5727
PUBLISHED: 2019-02-21
Splunk Web in Splunk Enterprise 6.5.x before 6.5.5, 6.4.x before 6.4.9, 6.3.x before 6.3.12, 6.2.x before 6.2.14, 6.1.x before 6.1.14, and 6.0.x before 6.0.15 and Splunk Light before 6.6.0 has Persistent XSS, aka SPL-138827.