That companies with reputable brands have consumer trust implies on its own that these companies run a successful business. These companies can easily enter new markets and expand market share in existing markets, whereas competitors suffer from this encroachment and face entry barriers to new markets. Embedded within these reputable brands is the consumer trust …
Mark Smith, founder and CEO of Purdy Smith, discusses some of the brand management issues in-house lawyers should keep an eye on in the upcoming decade, with a focus on the headline-grabbing areas of advertising and consumer law.
The General Data Protection Regulation (GDPR) and the Revised Swiss Data Protection Act (revised FADP) embrace a risk-based approach to data protection. Organisations that control the processing of personal data (controllers) are encouraged to implement protective measures corresponding to the level of risk of their data processing activities.
With COVID-19 leading to many people working remotely, organisations need to think about how documents and contracts can be signed and concluded. While some projects will slow or stall, many routine contracts will be up for renewal in the next few months, and other transactions will be due to complete. The logistics of signing in …
In the build-up to the GDPR coming into effect in 2018, the legal consequences of privacy and cyber security risk were dominated by the headline issue of regulatory fines, and the need to avoid them. The reality is somewhat different. Of course, there have been some groundbreaking fines but they remain rare; the Information Commissioner’s …
I am writing this from my home office, the world having been turned somewhat upside down in the last few weeks. I was expecting to be writing about warranty and indemnity (W&I) insurance trends and claims in 2020, but the form book has been very much disrupted, at least in the short term. I have …
Cyber risks – intensified by the expansion of home working due to the Covid-19 pandemic countermeasures – are one of the most serious worldwide threats nowadays. That doesn’t mean the risks themselves are new, but the sophistication and range of modern cyber attacks foretell a dire future. According to Cybersecurity Ventures, the cost of cyber …
In retrospect, the year 2019 will likely be seen as a turning point in the combat of climate change. With Friday for Future as pace maker, for the first time in history, there is a globally-aligned political movement including countries on every continent urging for immediate and robust action against climate change. Pressure on legislators …
With over fifty insurers today, aggregate premiums of approximately $82.8bn in the financial year 2019, and insurance penetration levels in 2018 of 3.70% (compared to a global average of 6.09%), India is an exciting insurance market, offering growth opportunities for international investors. However, foreign direct investment (FDI) caps and other regulatory issues have meant that …