Originally from Alternatives to the High Cost of Litigation

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What keeps general counsel up at night?

In survey after survey, general counsels have consistently ranked statutory privacy liability and cyber security risk at the top of their lists of concerns. See, e.g., Denis Demblowski, “Analysis: Ten Challenges That Will Keep CLOs Busy in 2021,” Bloomberg Law (Feb. 5, 2021) (available at https://bit.ly/3fctBDZ); FTI Consulting, Inc. and Relativity, “The General Counsel Report 2021: Rising to Today’s Challenges and Building Resilience for the Future” 2, 4-6 (available at https://bit.ly/3ffsB1T).

The General Counsel Report 2021 noted that “Data protection, security and privacy, emerging data types and intellectual property loss were identified as top concerns that have intensified due to the events of 2020.” Id. at 2.