Held to Ransom: How Cyberattacks Can Become a Legal and Regulatory Odyssey for a Private Investment Fund

Ryan P. Blaney, Margaret A. Dale, Dorothy Murray, Todd J. Ohlms, and Jonathan M. Weiss of Proskauer write:

…. Cyberattacks, by their very nature, know no borders and nor therefore should a private fund’s response The first of this two-part series considers immediate incident response steps and analyses whether to pay a ransom, from U.S., U.K. and E.U. perspectives. The second part considers the notification obligations (to impacted individuals, regulators, investors and other stakeholders) and other consequences of a data breach of this nature in these same jurisdictions.

Read more at Cybersecurity Law Report.

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