Close Menu
X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Photo: LevLev/Shutterstock.com

An increasing number of companies are placing their cybersecurity budgets in the hands of their legal departments because of increased compliance efforts and scrutiny from regulators.

According to BTI Consulting Group’s Cybersecurity & Data Privacy 2020 report, 46% of companies put the legal department in charge of the cybersecurity budget. The report states that 20% of respondents said the budget is held by information technology, 19.9% in privacy and data security, 7% in compliance, and 6.9% responded the budget is in another department.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

Dan Clark

Dan covers cyber security, legal operations and intellectual property for Corporate Counsel. Follow him on Twitter @Danclarkalm.

More from this author

Law Firms Mentioned

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

General Counsel Conference Midwest: SuperConference 2021Event

GCC Midwest addresses today's legal issues facing companies by providing general counsel with insight and best practices.

Get More Information
 

General Counsel Summit (GCS) 2021Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information
 

General Counsel Conference East 2021Event

GCC East addresses General Counsel trends in regulatory, data protection, tech management, legal operations, and leadership.

Get More Information
 

Women Influence & Power in Law (WIPL) 2021Event

WIPL is the original global forum facilitating women-to-women exchange on leadership and legal issues.

Get More Information
 

The American Lawyer Industry Awards 2021Event

Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments.

Get More Information
 

Legal Innovation Awards 2021Event

Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.

Get More Information
 

Legalweek Leaders in Tech Awards 2021Event

Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.

Get More Information
 

The British Legal Awards 2021Event

Celebrating achievement, excellence, and innovation in the legal profession in the UK.

Get More Information
 

More From ALM

Premium Subscription

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now

Team Accounts

Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now

Bundle Subscriptions

Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now

Legalweek(year) 2021

February 02, 2021 - July 14, 2021
Virtual

Legalweek(year) will bring together thousands of legal professionals for a series of 5 innovative virtual legal events.


Register

General Counsel Conference Midwest: SuperConference 2021

July 26, 2021 - July 27, 2021
Chicago, IL

GCC Midwest addresses today's legal issues facing companies by providing general counsel with insight and best practices.


Register

General Counsel Summit (GCS) 2021

September 07, 2021 - September 08, 2021
Sydney

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.


Register

Mid Level Associate Attorney (Derivatives & Structured Products) In Ny, Ny.

New York, New York, United States

Negotiate & draft legal documentation related to cross-border & domestic financial transactions in areas of securities law, asset management...


Apply Now ›

Associate Corporate Counsel

Cleveland, Ohio, United States

We have been retained to identify a highly motivated, business-minded Associate Corporate Counsel with around 2-4 years of transactional exp...


Apply Now ›

Litigation Attorney

Houston, Texas, United States

Seeking an experienced Litigation Attorney to join a well-established Plaintiff's Personal Injury law firm in the Galleria area. 5+ years of...


Apply Now ›

FULTON COUNTY JUVENILE COURT

05/12/2021
DR Web

NOTICE OF RECRUITMENT COURT APPOINTED ATTORNEY - JUVENILE COURT


View Announcement ›

MINTZ & GOLD LLP

05/12/2021
NYLJ Web

IN MEMORIAM - The lawyers of Mintz & Gold LLP mourn the loss of our friend and partner Kevin W. Goering


View Announcement ›

KOLSBY GORDON

05/04/2021
TLI Web

Kolsby, Gordon, Robin & Shore, P.C. Announce with great sadness the loss of our beloved founding partner, a renowned trial lawyer, community leader and distinguished professor.


View Announcement ›

Subscribe to Corporate Counsel

Don't miss the crucial news and insights you need to make informed legal decisions. Join Corporate Counsel now!

Unlimited access to Corporate Counsel
Access to additional free ALM publications
1 free article* across the ALM subscription network every 30 days
Exclusive discounts on ALM events and publications
Join Corporate Counsel

Already have an account? Sign In