On June 14, 2022, Baker McKenzie held its inaugural Cybersecurity Symposium in New York in conjunction with the Association of Corporate Counsel (ACC). It was a thought-provoking day discussing trends and fresh insights from key players in the government and private sector, the ever-changing regulatory landscape, best practices for cyber-readiness and practical advice to manage cyber-threats, data breach response, insurance and related litigation. The following video provides valuable information and key-takeaways in connection with cybersecurity trends.
Trends in Notification Laws for Global Cyber Incidents
In this video interview, Baker McKenzie partners Paul Glass, head of Cybersecurity in the UK, and Teresa Michaud, co-chair of the North America Class Action Practice, discuss key trends in notification laws globally relating to cyber incidents, including shortened notification timeframes around cybersecurity incidents and data breaches, how those requirements pan out in practice, and general observations regarding data protection regulators’ approach to notification frameworks across various jurisdictions. The partners also share key developments and coming year predictions in the US cyber class action space in light of the increase and variation of US state privacy legislation.