Cybersecurity is more and more turning into the duty of in-house authorized departments inside organizations.
That’s in line with a survey from the Affiliation of Company Counsel (ACC), which found that this yr, for the primary time, cybersecurity has overtaken compliance as a very powerful concern dealing with companies, as ranked by firm chief authorized officers (CLOs).
ACC surveyed nearly 1000 international CLOs from 21 industries, with just below half stating that duty for cybersecurity and information privateness inside their enterprise falls below their umbrella.
The analysis highlights the challenges caused by elevated distant working as a result of COVID-19 pandemic and the rising integration of enterprise technique and know-how insurance policies.
Commenting on the findings, Robin Grossfeld, senior VP, international initiatives at ACC, mentioned: “As individuals proceed working from residence for the foreseeable future, CLOs are more and more being requested to imagine duty for his or her firm’s cybersecurity efforts. That is presenting a brand new problem for a lot of in-house authorized groups, and one that’s serving to to redefine their day-to-day company roles.”
In previous research ACC research, it was found that 71% of organizations have their CLO both in a management function relating to cybersecurity technique, or working as a part of a crew with cybersecurity tasks.