Corporate Crime update: responding to cyber threats and investigations

Cyber threats come in ever-shifting shapes and forms, so how can companies keep pace? In this episode, we consider the legal and regulatory risks and discuss how best to prepare for, investigate, and respond to a cyber incident.

Together, Ashurst colleagues Neil Donovan, Julia Spain and Andris Ivanovs discuss the heightened expectations of UK financial regulators, and how this is shaping enforcement and investigations. They describe the hallmarks of a robust cyber response plan, emphasising that this should factor in technology, regulations, customers, suppliers, insurance and more. And they consider the legal ramifications of the often-complex arrangements that companies have with third parties.

The episode also covers companies’ obligations to report cyber incidents to boards of directors, insurers, regulators, and law enforcement; and highlights some pressing issues that should be top-of-mind for legal and compliance professionals in the coming months.

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The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to. Listeners should take legal advice before applying it to specific issues or transactions.