lightwrite 6 vectorworks 2018 data exchange issues

LIGHTWRITE 6 VECTORWORKS 2018 DATA EXCHANGE ISSUES SOFTWARE

The FTC and state Attorneys General frequently bring enforcement actions relating to delays in reporting a data breach, including in several high-profile breaches such as Equifax, Uber, and, most recently, Google+. A delay by a company in discovering and reporting a data breach can result in significant public criticism of the company as well as legal exposure, including the risk of substantial fines and potential liabilities due to class action lawsuits and shareholder derivative actions. Regulators, customers, and investors have been quick to react to these evolving threats. Or a single component part in a consumer product can be used to disrupt the availability of a vast swath of the Internet.

LIGHTWRITE 6 VECTORWORKS 2018 DATA EXCHANGE ISSUES SOFTWARE

On a smaller scale, the manipulation of the software used in autonomous vehicles, for example, can result in personal injury or death. The NotPetya malware, a purely destructive attack, destroyed entire networks and systems for some of the largest companies in the world, including Merck, Maersk, and FedEx, and cost companies worldwide an estimated $10 billion in damages. For example, through advanced techniques allowing for covert surveillance, attackers can monitor and steal data, often sensitive proprietary information or strategies (business, political, or military), over a long period of time without detection.īut the most serious computer threats do not target information or data at all. In short, criminal hackers are resorting to a broader array of techniques to monetize and exploit information, and the methods used to acquire that information are increasingly stealthy and sophisticated, making it difficult to defend against and detect such attacks. Similarly, the value of a company can be manipulated by trading on stolen inside information. The loss of valuable intellectual property can significantly decrease the value of a target company to prospective buyers. While such thefts do not require notification to consumers, the theft of valuable intellectual property and trade secrets can have a devastating impact on a company, particularly young startup companies developing new technologies. Moreover, companies have always grappled with the theft of proprietary information and trade secrets. 17 Key Lessons for Entrepreneurs Starting a Business.50 Questions Angel Investors Will Ask Entrepreneurs.25 Frequently Asked Questions on Starting a Business.The Complete 35-Step Guide for Entrepreneurs Starting a Business.The public is beginning to become more aware, however, of the threat of other types of information compromises, including ransomware attacks (in which data is rendered unusable unless a “ransom” payment is made), phishing emails (fraudulent emails sent to trick recipients into provide passwords or other valuable information), and the theft and selective disclosure of sensitive information for embarrassment and harassment (consider, for example, the Sony and Democratic National Committee hacks, in which sensitive emails were made public). To a large degree, an overemphasis on data breach risks is not surprising since companies must publicly disclose breaches of personal data to consumers, and the media frequently focuses considerable attention on these breaches, especially large-scale ones. The focus on privacy, and not security more generally, is due in part to a general lack of awareness of broader cybersecurity issues, and a hyperawareness of the risks associated with data breaches. More often than not, the lawyers ask a battery of routine, privacy-related questions of a company even when that company does not collect or handle consumer personal data. Even for those acquiring companies that intend to scrutinize data security issues as part of the M&A due diligence process, often the lawyers conducting such diligence do not adequately understand the current cybersecurity threat landscape or don’t understand the particular risks associated with the target company.

Lightwrite 6 vectorworks 2018 data exchange issues