New Survey Highlights the Importance of Data Privacy and Cybersecurity Legal Services
New Survey Highlights the Importance of Data Privacy and Cybersecurity Legal Services
A recent survey of 250 in-house corporate executives conducted by BTI Consulting Group has highlighted the critical importance of data privacy and cybersecurity legal services. According to the survey, “corporate decision makers expect spending on outside privacy and cybersecurity counsel to grow in the double digits over the next three years, with 93% of respondents saying they are expecting to face either the same or more cybersecurity and privacy matters next year[.]” This demand is largely catalyzed by new legislation, both domestic (e.g., the California Consumer Privacy Act) and international (e.g., the European Union’s General Data Protection Regulation). Under this legislation, consumers have gained new rights relating to the access, deletion, and sharing of their personal information. These new rights have thus created new legal exposure for corporations.
Faruqi & Faruqi, LLP focuses on complex civil litigation, including securities, antitrust, wage and hour and consumer class actions as well as shareholder derivative and merger and transactional litigation. The firm is headquartered in New York, and maintains offices in Atlanta, Los Angeles and Philadelphia.
Since its founding in 1995, Faruqi & Faruqi, LLP has served as lead or co-lead counsel in numerous high-profile cases which ultimately provided significant recoveries to investors, direct purchasers, consumers and employees.
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