04 August 2020
News
Free

Firms need more and more cybersecurity lawyers

The Association of Corporate Counsel (ACC) has published its report "2020 State of Cybersecurity Report: An In-House Perspective" by which it has surveyed more than 580 companies from over 36 countries and belonging to 20 different sectors.

The survey shows that the number of dedicated in-house cybersecurity lawyers has increased in recent years. 18% of companies surveyed have a dedicated cybersecurity lawyer, up 12% from the same report in 2018.

"In a majority of cases, this lawyer is responsible for cyber across the enterprise and is in an [executive-level] position in 56 per cent of organisations," ACC wrote.

40% responded that their dedicated attorneys focus on specific aspects of cybersecurity, such as product advice or incident response, but do not have responsibility for an organization-wide approach to the issue.

For those whose legal departments have a dedicated cybersecurity advisor, 60% of them said their cybersecurity lawyers are responsible for coordinating a company-wide cyber law strategy.

This report highlights the relevance of legal departments in deciding on strategies to mitigate cybersecurity risks. In three out of five companies, legal departments have a relevant decision when it comes to cybersecurity strategies. 

Copyright © The Impact Lawyers. All rights reserved. This information or any part of it may not be copied or disseminated in any way or by any means or downloaded or stored in an electronic database or retrieval system without the express written consent of The Impact Lawyers. The opinions expressed in this article are those of the authors and do not necessarily reflect the positions or policies of The Impact Lawyers.
Newsletter

Would you like to read more?

The Impact Lawyers offers a FREE newsletter that keeps you up to date on news and analysis about the international latest legal news.
Please complete the form below and click on subscribe to receive The Impact Lawyers Newsletter subscription

x
2
x
Subscribe for free

The Impact Lawyers Newsletter

  • Practical templates and guides for lawyers and law firms
  • Podcasts, videos and webinars explaining how to be sucessful
  • Tips made by lawyers and other practitioners