Do you need a cybersecurity attorney on retainer?

As the number of incidents and breaches continues to grow, so too does the field of cyber security law.

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Developing plans to protect your digital information and network while complying with state and federal regulations can be a legal challenge for any corporation. Is relying on in-house counsel enough, or should companies have a cybersecurity attorney on retainer?

In-house counsel remains imperative for corporations, particularly for financial institutions, banks, and the healthcare industry. Corporate attorneys are learning more about the cyber security laws, but the number of industries who need cybersecurity attorneys has increased in the last five to 10 years.

Cybersecurity law firms provide services from data breach to cybercrime, compliance with local privacy laws, security policies, record management, digital media privacy, litigation and more. While internal counsel remains an integral part of corporate wellness, partnering with external counsel with security expertise could help to minimize damage.

[ ALSO ON CSO: When a data breach hits, enterprises turn to outside firms to pick up the pieces ]

Having the consultation of a cybersecurity attorney while developing an incident response plan is instrumental. Because time is not a friend in any breach situation, companies that have cyber security attorneys on retainer are better positioned to quickly and efficiently respond to incidents.

“A decade ago there was not enough demand in the field of cyber security law to build a practice around it,” said JJ Thompson, chief executive officer at Rook Security. Today, entire practices are flourishing in the field of cyber security law. Cybersecurity attorneys play a greater role now than they did five to 10 years ago because they have more specific and more informed expertise than general litigators.

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