Not exact matches
As a
result,
companies will see a huge upswing in the number
of data
breaches.
Under Delaware law, a director or officer who
breaches his duty
of loyalty should be required to compensate the
company for any damages that the
company sustained
as a
result
After numerous setbacks, including two massive security
breaches and dwindling ad revenue, Mayer is set to make about $ 186 million
as a
result of the
company's sale to Verizon,...
As we have seen from the media attention it has garnered in recent months, data
breaches in the computer systems
of a number
of high profile
companies and government agencies has
resulted in financial losses, a lack
of public trust and confidence and damage to their brands.
Tim Bird, head
of corporate at Wedlake Bell says that directors could be liable for damages if the
company suffers a loss
as a
result of a
breach.
Hans Allnutt Qualified: 2004 Made partner: 2014 Key cases: Advising three separate US
companies that suffered cyber attacks, on their European data protection obligations; advising on the recovery
of funds stolen from a professional firm
as a
result of a phishing attack; advising the MD
of a finance broking house following a cyber extortion demand and data
breach.
Representation
of two national wireless
companies as local counsel in docket
of litigation cases involving claims
of trademark violations,
breach of contract and unfair competition
as a
result of black market unlocking and reselling
of prepaid wireless telephones.
There are approximately 5000
companies and 20,000 individual members
of management where these
breaches have occurred and
as a
result... more
Representing a major oil
company in defence
of claims threatened and brought in Europe alleging a
breach of contract arising from invocation
of force majeure
as a
result of the EU sanctions against Libya.
Companies are also worried about the impact non-compliance could have on their brand image, especially if and when a compliance failure is made public, potentially
as a
result of the new obligations to notify data
breaches to those affected.
A data
breach as the
result of online fraud could cripple your
company, costing you thousands or millions
of dollars in lost sales and / or damages.