Cybersecurity

Symposium Spotlight: Jose Vega

By: Killoran Long

Wake Forest Professor of Law, and a Wake Forest Law alumnus, José Vega (‘07) will be joining the Journal of Business & Intellectual Property Law at their annual spring symposium this Friday, March 8, 2019.

The Symposium will be held in Room 401 of the Benson University Center and will run from 8:30 AM to 4:00 PM.  This year’s symposium, “Lawyering in the Future: The Impact of Technology on the Law,” will feature four panels covering a range of topics from legal design to practice management or new tips and tricks of the trade.

Professor Vega, along with fellow Wake Law Professors, Lateek Willie and David Levine will be presenting a panel “Data & Cybersecurity,” with Associate Dean Simone Rose moderating the discussion.  The “Data & Cybersecurity” panel is scheduled to run from 1:00 – 2:30 PM, and the speakers intend to provide an overview on key cybersecurity concepts, threats, legal issues, and then highlight how all of these concepts/issues have come together in recent data breaches.

Beyond the Symposium, Professor Vega and Professor Willie are team-teaching a course on Cybersecurity at the Law School this spring, and together, they hope to bring some of the topics addressed in the classroom to the symposium this Friday.  Professor Vega hopes to approach the “Data & Cybersecurity” panel from a pragmatic, or boots on the ground, perspective.  Professor Vega also aims to discuss cybersecurity issues and best practices from the viewpoint of a businessman and practitioner who deal with these issues as part of their daily routines. Professor Vega’s extensive background in litigation and compliance provides him with a unique perspective in advising clients in rapidly evolving areas of law such as data privacy and security.

Beyond the classroom and after his time at Wake, Professor Vega has developed an extensive background in litigation and compliance provides him with a unique perspective in advising clients in rapidly evolving areas of law such as data privacy and security. In his years after leaving Wake, he has accrued over a decade of experience representing commercial businesses and financial institutions in litigation matters throughout the country.

Having Professor Vega join us at the Symposium is particularly exciting, as while at Wake Forest, Professor Vega served as a Staff Editor to the Journal of Business & IP Law.

The Importance of Cybersecurity in Mergers and Acquisitions

By: Nathaniel Reiff

In 2016, Marriott International, Inc. acquired Starwood Hotels & Resorts Worldwide for $13.6 billion “creating the world’s largest and best hotel company.” Little did Marriot know that Starwood’s guest reservation database provided unauthorized access of more than 500 million guest’s information. The leak revealed customer names, mailing addresses, phone numbers, email addresses, passport numbers, and potentially credit card numbers and card expiration dates.

“Marriott International Inc.’s revelation of a hack . . . highlights the hidden cybersecurity risks involved with mergers and acquisitions. . . . Even companies that thoroughly vet their targets can’t entirely avoid the possibility that they’re inheriting risks.” claims Bloomberg Law’s Privacy and Data Security reporter, Sara Merken. Such naivety engenders lawsuits against the acquirer, imposes damage to its reputation, and costs the company millions to remediate the hack. Continue reading »