Manage episode 180930725 series 1456831
By The Leaders Speak Podcast. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
About Smith, Gambrell & Russell, LLP http://www.sgrlaw.com/ Learn more about Brett Lockwood http://www.sgrlaw.com/attorneys/blockwood/ Brett Lockwood is a Partner in the Corporate Practice of Smith, Gambrell & Russell, LLP and chairs the Firm’s Technology Law Practice Group. [TRANSCRIPT] Just generally, cyber security and data privacy continue to be a huge issue for companies of all sorts. Not because it's a business issue, but with striving that is just consumer concern over privacy. Because of that, our clients are reacting and having to deal with those issues. It comes up in a lot of different ways, some of them more topical things that are going on. If you're doing business overseas, and a lot of our clients do business overseas, they're having to deal with compliance with European data policy. The rules in that area have recently been changed, and they're about to change again next year. So our clients are not only having to deal with soon-existing compliance changes, but they're also having to anticipate something that's going to change again in about a year from now. Really, it's just typical of the fact that cyber security and data privacy is a major issue, and it's one that has lots of compliance tripwires that our clients’ need to deal with. We try to help with that as best we can. Good lawyers that work in this area are trying to do their best to keep up with changes in the law. Fortunately or unfortunately, at the federal level, there isn't a lot of regulation. Outside of a couple of industries, financial services and healthcare have highly-regulated compliance regions in this area, but that's only a small sector of our client base. If you're outside of those industries, you're left struggling with what's really just a patchwork of state laws. The states, because there isn't an all-encompassing federal law to deal with cyber security compliance or data privacy, are really stepping into this void and making it difficult. Because you've got 50 state laws, you have to comply with them whenever there's the least that will change. You have to step back and say, "Okay, do our privacy policies--our security policies, do they continue to work, given whatever this change is?" We do have a lot of experience helping healthcare companies deal with data breaches. Data breaches for healthcare companies and cyber security compliance for healthcare companies is in those highly regulated buckets under HIPAA and certain state laws, so it requires a lot of care and attention to a different level of detail with let's say general business company or general services company. Fortunately, we have a lot of experience in the area because of some unfortunate client incidents, and we're able to use that experience to help clients, ideally, stay out of trouble in the first place, that's really where we try to help the most is--Yeah, data breaches happen. Oftentimes it's not a matter of if but when. If you want good practical advice where the lawyers are aware of the need to provide value and be responsive to you? I think we offer a wonderful solution. We've got wonderful professionals who are very keen to those sorts of things, and we have lots of happy clients because of that.[END] About Smith, Gambrell & Russell, LLP SGR is a full-service, international law firm that advises regional, national and global businesses on a wide range of legal matters. The firm’s more than 200 attorneys provide legal counsel in more than 45 specialized practice areas, including corporate transactions, litigation, intellectual property, aviation, banking, construction, and employment law. Founded in 1893, SGR has offices in Atlanta, Austin, Jacksonville, London, Munich, New York, Southampton, and Washington, D.C.