Quoted, "Hackers learning faster than firms cybersecurity experts say"

Daily Journal | June.19.2015

Mark Mermelstein, co-chair of Orrick’s cybersecurity and data privacy group, spoke with the Daily Journal regarding firms serving the financial industry and how such firms have started to create their own version of the Financial Services Information Sharing and Analysis Center.

Mark noted that financial organizations can be held responsible for the inadequate cybersecurity of their vendors as well, similar to how the updated Health Insurance Portability and Accountability Act has put additional pressure on companies serving the medical industry. He stated, "We're starting to see more and more the regulators who are really starting to crank up enforcement actions."