Cyberattacks are not going anywhere soon. The risk of a data breach has been steadily increasing for businesses over the past decade. In fact, in Q3 of 2021, there were more data breaches caused by cyber attacks than there were total breaches in 2020.

These dynamic and new threats are coming up constantly. According to the 2021 Business Aftermath Findings:

*  58% of small businesses have been impacted by at least one data breach or one security breach. 

*  45% of small businesses spend between $250,000 and $500,000 to cover the cost of a breach.

*  15% had to reduce their headcount to cut expenses following the breach.

Moreover, around 85% of data breaches are caused by human error. And while cyber breaches significantly affect large enterprises, small businesses aren’t immune either.

In this episode, I'm discussing some recent data breaches and some important lessons and takeaways for U.S. businesses. 

In this episode, you will hear:

• The Accellion breach
• Practicing ongoing evaluations of third-party providers
• Using contracts to protect your company
• Embedding requirements and routine audits in your contracts
• The Colonial Pipeline attack
• The importance of network segregation and segmentation
• The Facebook and LinkedIn data scraping incidents
• Reducing the risk of a breach resulting from human error
• The benefits of a data minimization policy

Subscribe and Review

Have you subscribed to our podcast? We’d love for you to subscribe if you haven’t yet. Each week, we share authentic discussions with business leaders where they flesh out substantive issues while also getting deeper into their stories. We’ll dive into conversations on the fusion of business and humanity, success and authenticity, and the challenges of balancing life and work, in addition to regularly sharing legal updates and substantive content.

We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. 

Supporting Resources:

https://cgl-llp.com/

2021 Business Aftermath Findings

https://www.idtheftcenter.org/wp-content/uploads/2021/10/ITRC-Business-Aftermath-2021-Report-Final-102621.pdf

Episode Credits

Script drafted with help from Obiter Marketing

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com.

Privacy is ubiquitous in our legal and business landscape today and it can seem really big and daunting to companies of all sizes. Although privacy as a legal concept and an operational imperative is new for organizations, the law is developing so rapidly that it can be hard to keep up.

In this episode, CGL partner Keri Kelly and Robert Glaser, Managing Principal at Conduit Privacy Solutions join the conversation to discuss operations, privacy, and data security. They also dig into the link between privacy, legal, and IT – a triad of elements to form a single operational program.

Discover: 

• what a functional operational privacy program looks like, 
• how a functional operational privacy program decreases the financial and reputational risks to an organization, and 
• how to implement privacy into your operations and product offerings. 

Security and privacy need to be part of the fabric of your organization. To do this, it should be part of everybody's job from the executive suite down to customer-facing employees.It’s not just about the policies and procedures, but about making a culture of privacy inside the organization.

In this episode, you will hear:

• Privacy blind spots
• The triad: privacy, security, and law
• Privacy as a team sport within organizations
• The “privacy by design” framework
• The foundations of operational privacy
• How privacy and security can affect a company's valuation during an M&A process
• About the risk deceptive or misleading practices about your privacy pose in your public-facing materials
• Types of privacy and security training in the onboarding process

Subscribe and Review

Have you subscribed to our podcast? We’d love for you to subscribe if you haven’t yet. Each week, we share authentic discussions with business leaders where they flesh out substantive issues while also getting deeper into their stories. We’ll dive into conversations on the fusion of business and humanity, success and authenticity, and the challenges of balancing life and work, in addition to regularly sharing legal updates and substantive content.

We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. 

Supporting Resources:

https://cgl-llp.com/

International Association of Privacy Professionals

https://iapp.org/ 

Email: robert.glaser@conduitprivacy.com

Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com.

Founders have a tendency to avoid seeking legal advice in the early stages. That is completely understandable considering the limited resources they have. However, this could lead to compliance issues down the road. 

From the outset, the cost of legal advice can seem really intimidating, but it is always more expensive to fix what has not been done right. Fixing legal mistakes can be significantly more expensive than being compliant. 

In today’s episode, we discuss five common mistakes early-stage startups make and some ways to avoid those to set your company up for compliance success.

If you have any concerns about compliance, it is best to reach out to an attorney who can help you navigate this because there can be catastrophic consequences for non-compliance. 

Building a relationship with an attorney who's experienced in these issues can help you avoid the mistakes that most startups make because there are consequences, and they come with a hefty price. Ultimately, a good lawyer can help you strategize, mitigate risks, and help you make the most informed business decisions. 

In this episode, you will hear:

• Relying on trust between founders instead of legal documents
• Having a clear tiebreaker when making decisions
• Failing to choose the right corporate structure
• Not respecting trade secrets and intellectual property
• Not paying your employees properly
• What happens when privacy is not built into your startup from the beginning
• The role and value attorneys provide when it comes to startup compliance

Subscribe and Review

Have you subscribed to our podcast? We’d love for you to subscribe if you haven’t yet. Each week, we share authentic discussions with business leaders where they flesh out substantive issues while also getting deeper into their stories. We’ll dive into conversations on the fusion of business and humanity, success and authenticity, and the challenges of balancing life and work, in addition to regularly sharing legal updates and substantive content.

We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. 

Supporting Resources:

https://cgl-llp.com/

Email: Hannah@cgl-llp.com 

Episode 027: Key IP Issues for Startups

https://cgl-llp.com/podcasts/episode-027-key-ip-issues-for-startups/

Episode 29: Minimum Wage Requirements 

https://cgl-llp.com/podcasts/episode-029-minimum-wage-requirements/

Episode 33: ICs in California

https://cgl-llp.com/podcasts/cgl033/ 

Episode Credits

Script drafted with help from Obiter Marketing

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com.