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Financial Services Law Insights and Observations

DOJ Assistant Attorney General Stresses Public-Private Cooperation In the Event of a Cyber Breach

DOJ Risk Management Privacy/Cyber Risk & Data Security

Privacy, Cyber Risk & Data Security

On September 30, U.S. Assistant Attorney General John Carlin delivered remarks at the 2015 Cybersecurity Summit hosted jointly by the U.S. Chamber of Commerce and the American Gaming Association. In his remarks, Carlin highlighted a variety of “tools,” including the use of sanctions, the DOJ may employ on individuals or entities that engage in malicious cyber-enabled activities against the U.S. Notably, Carlin discussed certain advantages for increased collaboration among the private sector and government to share information and best practices “to help defend against or disrupt [cyber] attacks before they happen or in real time,” adding that “law enforcement can also enlist the assistance of international partners to help retrieve stolen data or identify a perpetrator.” Concluding his remarks, Carlin urged companies to adopt a strong cybersecurity risk management program.