ATTORNEYS 1, U.S. CYBERSECURITY 0

As cybercrime and cyber breaches become a larger and larger concern, the Wall Street Journal on April 1 reported that the Securities and Exchange Commission is pressing companies "to be more forthcoming about attacks on their computer networks."  

With class-action suits and plaintiffs' attorneys jumping on such data breaches and seeking damages, companies are increasingly turning to law firms with specialized practices in security-incident defenses in order to use the client-attorney privilege to maintain their internal investigations private.

The article goes on to say that major law firms across the country have increased their recruiting of prosecutors with cybercrime experience.  The Journal states that the income potential of such cybersecurity practices offers major upside potential as attacks escalate.

Once again, as the need for companies to share information is greater than ever, the attorneys counsel the information should be kept private.  The attorneys win again.