What you don't know about the DFS-Department of Financial Services regulations CAN HURT YOU!
Cyber and information security is a growing concern for both lawyers and clients. Recently, the New York Department of Financial Services has proposed comprehensive “first in the nation” cybersecurity regulations that is proposed to take effect January 1, 2017.
These regulations will apply not only to all businesses regulated by the NYDFS, but also their outside counsel and other vendors...even if you are located in New Jersey.
This 3 hour CLE will be broken into two sessions. We will begin with a discussion and analysis of the legal and practical implications of the new NYDFS regulations and their potential impact on outside counsel, including how the regulations intersect and differ from the confidentiality requirements of the Rules of Professional Conduct regardless of if you practice in NJ,NY, PA, or elsewhere.
In the second half of the presentation, using the NYDFS regulations as a framework, the panel will walk through a mock-scenario of a ransomware attack on a law firm’s information systems. This discussion will cover the technical, liability, and insurance coverage issues that may arise as a result of this and similar cybersecurity events.
We also will integrate the RPC and how the rules being changed regards to attorneys ethical obligation to understand technology, confidentiality, and cyber awareness.
Come join us to learn how the NY DFS rules don't hurt you!