eDiscovery Data Points from ComplexDiscovery

According to the media release from IBM Security, incident responders – the frontline responders to cyberattacks – are primarily driven by a strong sense of duty to protect others; a responsibility that's increasingly challenged by the surge of disruptive attacks, from the proliferation of ransomware attacks to the recent rise of wiper malware.

The post Crossing into the Physical World? New IBM Study Examines the Critical Role of Cybersecurity Incident Responders appeared first on ComplexDiscovery.

Transatlantic data flows are critical to enabling the $7.1 trillion EU-U.S. economic relationship. The EU-U.S. Data Privacy Framework will restore an important legal basis for transatlantic data flows by addressing concerns that the Court of Justice of the European Union raised in striking down the prior EU-U.S. Privacy Shield framework as a valid data transfer mechanism under EU law.

The post Protecting Personal Data? Executive Order to Implement the EU-US Data Privacy Framework appeared first on ComplexDiscovery.

In the fall of 2022, 28.0% of respondents viewed increasing types of data as potentially having the greatest impact on their business in the next six months. This percentage is the highest of all concerns represented in the fall 2022 survey. This percentage is also the third-highest rating in the area of increasing types of data concerns since the inception of the survey in the winter of 2016.

The post Stereotyping Data? Issues Impacting eDiscovery Business Performance: A Fall 2022 Overview appeared first on ComplexDiscovery.

According to a recent update from the Institute for the Study of War (ISW), the Russian defeat in Kharkiv Oblast and Lyman, combined with the Kremlin’s failure to conduct partial mobilization effectively and fairly are fundamentally changing the Russian information space.

The post Tanking in the East? Ukraine Conflict Assessments in Maps (October 2 – 6, 2022) appeared first on ComplexDiscovery.

According to Sanjay Gulati, Principal at Surge, “We are honored to partner with JP on the next exciting chapter of this company. Avalon’s world-class management team and strong KPI systems serve a diverse customer base of over 2,400 clients. With a ~90% revenue retention rate, 92 Net Promoter Score, strong free cash flow profile, and history of sustained performance through both recessionary and COVID environments, we find the asset exceptionally attractive in these volatile times. We are eager to work with him and the company to help continue its trajectory and execute on an addon acquisition campaign.”

The post An eDiscovery Surge? Surge PE Closes Legal Tech-Enabled Services Platform Avalon appeared first on ComplexDiscovery.

The proliferation of enterprise messaging content in the COVID era accelerated the pre-existing industry trend of legal teams' grappling with the increasingly complex nature of enterprise messaging vs. traditional email. With this acceleration and complexity, many organizations now face new messaging management and discovery challenges that can negatively impact investigations and litigation if not properly handled.

The post [Educational Webcast] Are You a Team Player? Managing Enterprise Messaging Data in eDiscovery – Update appeared first on ComplexDiscovery.

The latest monthly update from the Bureau of Competition’s Premerger Notification Office (PNO) regarding Hart-Scott-Rodino (HSR) Act transactions for September 2022 notes 195 reported transactions. This is the second-highest number of monthly reported transactions in the month of September between FY 2001 and FY 2022. However, it is significantly lower than the reported 359 September transactions in the previous fiscal year of 2021.

The post A September to Remember? A Hart-Scott-Rodino Act Transaction Update (September 2022) appeared first on ComplexDiscovery.

According to the media release from Edison Partners, Field Effect’s flagship product, Covalence, combines advanced analytics, machine learning, and the expertise of security analysts skilled in both offensive and defensive tactics to deliver a holistic solution purpose-built for SMEs. Covalence monitors, detects, and actively responds in real-time to threats across the breadth of the modern IT environment, analyzing telemetry from the network, devices, and cloud services.

The post Fire for Effect? Edison Partners Leads USD $30M Investment in Field Effect appeared first on ComplexDiscovery.

According to the media release from NetDiligence, in this year’s study, ransomware was once again the number one cause of loss for small to medium enterprises (SMEs) and the costs associated with a ransomware event were again higher – the 5-year average ransom climbed to $262K; the 5-year average cost of a ransomware incident rose to $455K. The average incident cost for large companies (across all types of incidents) was $12.8M.

The post Cost and Loss? The 2022 NetDiligence Cyber Claims Study appeared first on ComplexDiscovery.

From HaystackID and Relativity to Exterro and TCDI, the following findings, data points, and tracking charts highlight information that may be useful for understanding M&A+I activity patterns in the eDiscovery ecosystem from July 1, 2022, through September 30, 2022. During 3Q22 there were at least 5 M&A+I events, a pulse rate that appears to be the second-lowest Q3 investment pulse rate since 2015.

The post eDiscovery Mergers, Acquisitions, and Investments in Q3 2022 appeared first on ComplexDiscovery.