When one thinks of the essential components in a bank’s cybersecurity, in-house counsel may not be the first thing that comes to mind. Yet a bank’s counsel is as critical to data protection as IT and security experts.
“Bank counsel plays a key role in cybersecurity defense,” William E. White, partner at Allen & Overy said in the “Cybersecurity for Banks: The Legal and Regulatory Framework,” webinar by Thomson Reuters’ Practical Law. “You actually see that the more that counsel is involved, the better prepared the bank is for what may come.”
