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By Paul Greene | May 26, 2023
The NY Department of Financial Services published a consent decree last week where a crypto company was fined $1.2 million for not conducting proper information security risk assessments and using template policies, without customizing them to fit the company. This article discusses this consent decree and the importance of robust risk assessment procedures and tailoring an information security program to an organization's specific needs.
8 minute read
By ALM Staff | May 24, 2023
This suit was surfaced by Law.com Radar. Read the document here.
1 minute read
By Allison Dunn | May 24, 2023
While the number of elderly people targeted slightly decreased from 2021 compared to 2022, the amount of money collectively lost nearly doubled from $1.7 billion to $3.1 billion, respectively, according to the FBI's most recent report.
8 minute read
By Mason Lawlor | May 24, 2023
This case was first surfaced by Law.com Radar.
3 minute read
By Mason Lawlor | May 22, 2023
This case was first surfaced by Law.com Radar.
3 minute read
By Alexander Lugo | May 22, 2023
"Our clients were asking for more breadth of offerings of services than we were able to provide at Hubbard, merely because of the size of the platform," said incoming Foley & Lardner partner Ruben Diaz. "And the fact that they've been a presence in Miami for quite a while means a lot of stability in the market."
3 minute read
By Christine Schiffner | May 22, 2023
More than 20 attorneys general and some state legislatures are joining forces against ESG using antitrust conspiracy theories to cement their cause—but can they win?
4 minute read
By Roshni H. Patel | May 17, 2023
Many individuals remain wary of 529 accounts because the use of these funds is limited to educational purposes. However, hidden incentives and benefits may make these accounts worth another look in your client's estate plan.
7 minute read
By Peter E. Fisch and Salvatore Gogliormella | May 9, 2023
A discussion of the five types of guaranties most commonly required in connection with commercial real estate loans.
11 minute read
By Colleen Murphy | May 8, 2023
"[B]ecause Americans interface with their financial institutions in different ways from the strictly paper era, who the 'reasonable person' is in a digital age needs to be updated," Judge Sueanna P. Johnson wrote in a concurring statement. "But this standard cannot be updated until laws are changed to reflect the evolving banking norms of Americans by restricting or prohibiting financial institutions from notifying consumers that they have updated terms and conditions in an email concerning one's monthly statement."
5 minute read
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