eDiscovery Data Points from ComplexDiscovery

According to TransPerfect President and CEO Phil Shawe, “We have competed against Semantix in the Nordics for more than 15 years and have admired their leadership position and strong reputation. It is exciting to have them as part of our rapidly growing global team and to work together to achieve great things for our customers. We welcome everyone at Semantix to the TransPerfect family, which will be a homecoming for some staff members who have worked with TransPerfect in the past.”

The post TransPerfect and Semantix Merge appeared first on ComplexDiscovery.

According to Chris McCurdy, Vice President and General Manager, IBM Security, "Higher data breach costs are yet another added expense for businesses in the wake of rapid technology shifts during the pandemic. While data breach costs reached a record high over the past year, the report also showed positive signs about the impact of modern security tactics, such as AI, automation and the adoption of a zero trust approach – which may pay off in reducing the cost of these incidents further down the line."

The post Incidental Growth? Cost of a Data Breach Hits Record High According to New Report appeared first on ComplexDiscovery.

According to the report prepared by the Association of Corporate Counsel (ACC) and Pagefreezer, most organizations’ Information Governance (IG) programs are in the early or intermediate stage of development and are clearly still evolving. Content management is decentralized across business units in most organizations and very few have automated data retention processes.

The post Maturity Matters? Collecting Online Data for eDiscovery and Litigation Readiness appeared first on ComplexDiscovery.

According to Everlaw CEO AJ Shankar, "Legal teams are on a mission to expose the truth and bring justice to light, and the most efficient and secure way to accomplish that is through the cloud. The legal industry is experiencing a period of rapid transformation, and with this comes growing pains. But the teams that implement cloud-based technology today will see positive gains down the road, from increased efficiency, productivity and security to better client services."

The post A Cloudy Future? The 2021 eDiscovery Cloud Adoption Report from Everlaw appeared first on ComplexDiscovery.

According to Rotem Iram, Co-Founder and CEO at At-Bay, “We are seeing a shift in commercial insurance with regard to cyber risk, and At-Bay is leading the way. While legacy insurers are pulling back on coverage and raising rates in the face of challenges like ransomware, At-Bay is doubling down with a modern approach to risk management that helps businesses improve their security and avoid loss before it happens.”

The post Keeping Cyber Threats At Bay? Cyber Insurance Start Up At-Bay Closes Series D Financing appeared first on ComplexDiscovery.

According to the recent mixed methods study on how cyber insurance shapes incident response, insurers undoubtedly face incentives to concentrate work among the most efficient firms but may lack the information to do so given insurers do not monitor service quality and must rely on second-hand reports. The study goes on to note that the only thing insurers reliably monitor is cost, which may lead to the commoditization of incident response that rewards cost-cutting above quality.

The post An Economical Impact? How Cyber Insurance Shapes Incident Response appeared first on ComplexDiscovery.

In the summer of 2021, 63.3% of survey respondents felt that revenue in the next sixth months will be higher than today. This percentage is considerably higher than sentiment on this metric in the spring of 2021 (52.0%) and represents increasing optimism. This is also the highest percentage of respondents believing revenue will be higher in the next sixth months since the inception of the survey in the winter of 2016.

The post Glowing Expectations? Eighteen Observations on eDiscovery Business Confidence in the Summer of 2021 appeared first on ComplexDiscovery.

From considerations for cyber insurance and malware to eDiscovery business confidence and assessments, the July 2021 edition of the Five Great Reads on Cyber, Data, and Legal Discovery newsletter provides a selection of recent research, reports, and articles to update and inform legal, business, and information technology professionals on cybersecurity and eDiscovery.

The post Five Great Reads on Cyber, Data, and Legal Discovery for July 2021 appeared first on ComplexDiscovery.

According to Bret Laughlin, CEO and co-founder of Braintrace, “NDR is critical to successful threat hunting. Braintrace’s competitive differentiation is its unique NDR technology that our MDR analysts leveraged for finding, interrupting and remediating cyberattacks. With our own NDR technology, the team responds faster and more accurately because of the real-time, automated visibility and threat verification they have into encrypted traffic. We built Braintrace’s NDR technology from the ground up for detection and now, with Sophos, it will fit into a complete system to provide cross-product detection and response across a multi-vendor ecosystem.”

The post Braintrace Acquired by Sophos appeared first on ComplexDiscovery.

Just as there are many tasks in electronic discovery, many times there are multiple technologies and platforms involved in the complete electronic discovery process. When there are multiple technologies and platforms involved, data must be transferred from disparate technologies and platforms to other disparate technologies and platforms. This data transfer can be considered a risk factor that impacts the overall electronic discovery process.

The post Drunks, DNA and Data Transfer Risk in eDiscovery appeared first on ComplexDiscovery.