How a lapse of risk management processes doomed over 300 people Normally, the waters around Korea are very calm and quite beautiful- such as in the picture of Gwangili Beach, Busan.  However, over 6 weeks ago, Korea experienced a disaster of tremendous consequences that has also had a direct and immediate negative impact on the […]

Korean media has  reported that Korea's 3 major credit card companies will face at least $96 Million in fines due to  the recent massive data leak involving over 100 Million account holders.

A company should take a number of steps to protect its trade secrets and confidential information.  Failure to do so will result in loss of trade secrets as well as theft of confidential information.

This article was originally published  by Bryan E . Hopkins in the Korea Risk Intelligence Report (KRIR) on March 31, 2014. Link: http://www.eruditerisk.com/index.php/tools/korea-risk-intelligence-report.   The full report is available to KRIR subscribers. At the Risk of Losing Data: Data Privacy and Protection Korea’s largest ever data loss may lead to changes to a privacy-related legal […]

Lately, the news has been filled with stories of data theft especially involving credit card users or  retailers having their systems hacked.

From a legal risk management perspective, it is important to use  the correct law firm .  Whether the company is large or small and whether it has an in-house Law Department or not, picking the right outside law firm is essential.