The tip of the iceberg: Data protection and cyber risk

The tip of the iceberg: Data protection and cyber risk

Results from our Survey

GCs are central to any coherent cyber security strategy, but many feel their skills are overlooked. Results from our survey suggest recent high-profile cyber attacks are only the beginning of the story…

Bob Jett, chief privacy officer at Crawford & Company notes ‘People used to joke that when a GC hears of a cyber attack or data breach they breathe a sigh of relief and say, “Thank God, that one falls to the IT team”. Today that joke wouldn’t make sense. No serious corporate legal professional thinks cyber and data risks are off their radar.’

Britton Guerrina, deputy global general counsel for technology and shared services with Deloitte Touche Tohmatsu Limited, echoes this view. ‘Cyber and data protection are increasingly important and should be top of mind for any legal team. The legal and regulatory risks in these areas have increased and continue to do so, with countries introducing increasing regulatory requirements, many of which are contradictory.’

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