Seven Steps the Legal Department Can Take to Decrease Cybersecurity Risk

Every GC and legal department should be thinking about cybersecurity, Suzanne Folsom, General Counsel and Senior Vice President, Governmental Affairs at U.S. Steel said during a recent panel at the 2014 Women, Influence and Power in the Law Conference.  Yet, many companies are slow to address cybersecurity issues, Folsom observed.  The real leaders in the cybersecurity space are thinking about those kinds of issues, they’re running training exercises and they’re developing partnerships, she said.  To assist legal departments in addressing cyber risk, Folsom along with Harriet Pearson, a partner at Hogan Lovells and Jane Storero, Vice President, Corporate Governance and Secretary at Pepco Holdings, presented seven concrete actions they can take to protect their companies.  See also “Strategies for Preserving Data Before and During an FCPA Investigation” (Nov. 14, 2012).

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