Insights From the Inevitable: Privacy 2.0: Can Companies Be Both Data-first & Privacy-first?

Privacy 2.0 ushers in new challenges and businesses will need to evolve to meet the new privacy and regulatory compliance demands. Having the correct people, technology, processes, and training and communication procedures in place are all crucial to success in the Privacy 2.0 era.

The global privacy landscape is in the midst of a large tectonic shift. Privacy has been top-of-mind for consumers, enterprises, and governments alike recently with headline-hitting examples such as the SolarWinds hack which exposed the personal information of at least 18,000 customers; the release of Apple’s privacy feature that places privacy controls back into the hands of customers; the passage of the California Privacy Rights Act (CPRA) and its domino effect on other states and Congress as it considers a comprehensive privacy bill at the federal level.

Privacy 2.0—the new paradigm of privacy for a data-driven economy—is here. And it has already exposed a major fault line in even the most robust data privacy programs: the inability to accurately and comprehensively identify hard-to-find sensitive information buried in vast pools of enterprise data.

To discuss Privacy 2.0 more in-depth, we invited expert panelists from a wide variety of industries to share their views and perspectives on the evolution of the privacy landscape and their predictions on what’s to come in The Inevitable webinar, "Privacy 2.0: Can Companies Be Both Data-first & Privacy-first?".

Moderator Josiane Ishimwe, Investment Manager at Intel Corporation, hosted privacy expert panelists:

Insights From the Inevitable: A New Doctrine for Trust-busting: The Evolving View on Antitrust Litigation

Recent actions by the new administration are signaling change is on the horizon for antitrust litigation. We invited three attorneys, whose expertise lies within M&A and antitrust litigation, to share their views on these changes and the implications of increased antitrust investigations on the legal industry. 

Recent actions by the new administration are signaling change is on the horizon for antitrust litigation. The nomination of Lisa M. Khan for commissioner of the Federal Trade Commission (FTC), Tim Wu’s appointment to the National Economic Council as a special assistant to the president for technology and competition policy, and Senator Klobuchar’s unwavering focus on breaking up corporate monopolies, show a renewed interest in antitrust doctrine. Their sights all seem to be set on the digital giants, who have now enjoyed decades of unabated growth. 

Insights From the Inevitable: What’s Hiding in That Massive, Unstructured Data Set?

Your data could be putting your enterprise at risk

A Better Way for Privilege Review: Harnessing AI for Accuracy & Productivity

In this eye-opening discussion, A Better Way for Harnessing AI for Accuracy & Productivity hosted by EDRM focuses on the use of AI to increase accuracy and productivity in privilege review and details the results of the Reed Smith LLP POC that tested Text IQ against their traditional privilege review methodology.

“Dave, I’ve got a question for you: Is traditional predictive coding effective for identifying privileged documents?”

Insights From The Inevitable: Trust, But Verify: Validations For Optimizing Workflows With Next-Gen AI For Privilege & PII

As part of The Inevitable series, Peck, now DLA Piper Senior Counsel, sat down for an insightful discussion concerning the use of AI in the realm of privilege review including redaction of PII and sensitive data: a once unthinkable development.

"What I think we're mostly talking about here, which is discovery and its variance under the Federal Rules of Civil Procedure, and most of the States have very similar rules. You do not have to have perfection. That would be ideal, but the standard is reasonableness and proportionality."

Is AI for privilege review too good to be true?

Next-generation AI software claims to be powerful enough to handle the scale of a document review with millions of files, yet nuanced enough to accurately identify privileged documents.

Going From Ancient Culture to Smart Culture

Many of us have visited cultural heritage sites while traveling or have explored museums filled with artifacts and artwork. But have you ever wondered about the work involved to preserve these historical treasures?

Take A 15 Minute Break With Text IQ

We learned a lot last year, including the fact that Zoom fatigue is a real thing. In an effort to bring you need-to-know-now insights from the experts who know best, we’re launching a new, fast-paced, 15 minute executive virtual discussion series. 

We learned a lot last year, including the fact that Zoom fatigue is a real thing. In an effort to bring you need-to-know-now insights from the experts who know best, we’re launching a new, fast-paced, 15 minute executive virtual discussion series. 

Insights from Peter Lefkowitz On What To Expect For Privacy and Cybersecurity In 2021

Privacy and cybersecurity continue to be top-of-mind with new incidents hitting the headlines weekly. In a new 15-minute “coffee chat” format for The Inevitable, we’ll sit down for a straight-to-the-point one-on-one with Citrix’s Chief Privacy and Risk Officer, Peter Lefkowitz on privacy and cybersecurity.

laptop and latte

Privacy and cybersecurity continue to be top-of-mind with new incidents hitting the headlines weekly. In a new 15-minute “coffee chat” format for The Inevitable, we sat down for a straight-to-the-point one-on-one with Citrix’s Chief Privacy and Risk Officer, Peter Lefkowitz on privacy and cybersecurity. With his finger on the pulse of U.S. federal privacy legislation and concerns of top CPOs, Peter shared the trends he’s seeing and what he believes is in store for 2021.

Insights From The Inevitable: Cyber Insurance in the Data Breach Era

Working toward an understanding of these potential risks requires collaboration among your business teams, your information security teams, your legal teams, and then working with an experienced cyber insurance broker who understands the risks, the costs associated with those exposures, and consequently help you to assess what coverage is required.

"When a company experiences a cyber attack…those can be quite expensive. And the costs can be myriad. It can be the cost of having to hire a third party to forensically investigate and the cost of hiring outside counsel, like myself, to help navigate the notification and regulatory obligations.

It can be the cost of having to notify individuals. It could be the cost you suffer from the loss of business or business interruption…the cost of replacing hardware and software [impacted] by the incident.

And then it could be the cost of having to defend against litigation or regulatory inquiry or the imposed costs of remediation and compliance data, privacy compliance, following an incident."

—Kari Rollins, Managing Partner, Sheppard Mullin

Insights From The Inevitable: Using Technology to Respond to Government Investigations

On January 14, attorneys from three storied organizations, came together for the first of 2021’s The Inevitable Series to discuss Using Technology to Respond to Government Investigations.”

What is Cyber Insurance and Do I Really Need It?

The average cost of a large-scale data breach in the US is $3.86 million, according to IBM’s annual Cost of a Data Breach Report. So it’s not surprising that Gartner is forecasting the information security market to reach over $170 billion in 2022. Should companies turn to cyber insurance for protection? 

Cyberattacks seem to be a part of our new normal with high-profile data breaches making headlines on a weekly basis. The average cost of a large-scale data breach in the US is $3.86 million, according to IBM’s annual Cost of a Data Breach Report. So it’s not surprising that Gartner is forecasting the information security market to reach over $170 billion in 2022. Should companies turn to cyber insurance for protection? 

Insights From The Inevitable: Predicting the Unpredictable: Innovative Approaches to Cost Management

As those in industry know, litigation is not highly predictable. It is subject to “peaks and valleys” and matters themselves can take on unanticipated dimensions in size and scope.

“One of the things that we've seen over the past five to ten years, if you look across most Fortune 500 companies, is not only a desire to reduce certain cost centers, but also how to make sure that they're more predictable year over year. Legal, for a variety of reasons, has sometimes broken that model and been less predictable.”

―Kunjur

Insights From The Inevitable: The Brain Behind IBM Watson on Machine Learning vs Machine Understanding

IBM Watson team founder, David Ferrucci, Ph. D., led his team to their landmark Jeopardy! success in 2011. An award-winning artificial intelligence (AI) researcher, Ferrucci’s more than 25 years of work and his passion to see computers fluently think, learn, and communicate inspired him to found Elemental Cognition in 2015.

Insights From The Inevitable: How Email Lets Us Understand Social Networks Within Organizations

On December third, as part of The Inevitable 2020 Series, Text IQ presented the webinar How Email Lets Us Understand Social Networks Within Organizations featuring guest speaker Owen Rambow.

Insights from The Inevitable: Diffusing the Enterprise Data Explosion

On November 12th, as part of our The Inevitable 2020 series, Text IQ hosted the discussion Diffusing the Enterprise Data Explosion: From E-Discovery To E-verything.

Insights From The Inevitable: Prove It! - What It Takes for a Successful AI POC

On October 30th Text IQ brought together a lawyer, a general counsel, and a legal service provider to discuss testing the value proposition of artificial intelligence (AI) through the use of a proof of concept as part of our The Inevitable 2020 Series.

Insights From the Inevitable: How AI Works and its New Role in Litigation

In conjunction with the ACC Central Ohio Technology Committee and Litigation Network, Text IQ convened four industry leaders as part of our The Inevitable 2020 Series to discuss whether artificial intelligence (AI) can help play a broader role in litigation matters - beyond reducing the headache of manual privilege review.

Privilege review - the process of identifying which documents should be considered covered by attorney-client privilege - is a key element of litigation matters. But the time and expense spent on poring through thousands of documents for privilege review has long been a pain point for counsel. In conjunction with the ACC Central Ohio Technology Committee and Litigation Network, Text IQ convened four industry leaders as part of our The Inevitable 2020 Series to discuss whether artificial intelligence (AI) can help play a broader role in litigation matters - beyond reducing the headache of manual privilege review.

Insights From The Inevitable: Pushing the Boundaries of Data Discovery

On October 1st, the Text IQ Inevitable 2020 Series brought together three senior legal professionals whose careers have placed them at the intersection of the law, information governance, data governance, and emerging technologies. The result is an insightful and engaging discussion that speaks to the heart of the challenge: how to manage massive amounts of data.

On October 1st, the Text IQ Inevitable 2020 Series brought together three senior legal professionals whose careers have placed them at the intersection of the law, information governance, data governance, and emerging technologies. The result is an insightful and engaging discussion that speaks to the heart of the challenge: how to manage massive amounts of data (read company assets...and liabilities) effectively.

Insights From The Inevitable: Challenges & Opportunities of Fortune 500 Data Discovery Leaders

On September 3rd, Text IQ hosted a conversation that included e-discovery experts from three multinational corporations as part of The Inevitable 2020 Series. It is a frank discussion that sheds light on both the challenges and opportunities attendant to managing discovery in large organizations.

Insights From The Inevitable: When The Odds Are Against You: Antitrust Merger Review

On August 27th, as part of our The Inevitable 2020 Series, Text IQ co-founder Omar Haroun sat down with Dentons’ Ausra Deluard to get her insights on the use of cutting-edge technologies like predictive coding and artificial intelligence (AI) to efficiently and cost-effectively manage HSR Second Request reviews.

How AI is Reshaping Privilege Review

The argument for applying AI technology to automate routine, repetitive legal work is borne by cost efficiencies. But what about high-stakes litigation activity like privilege review where a matter can turn on a single document that has been overlooked in the review process?

Insights From The Inevitable: Digital Transformation in the COVID-19 Era

At the intersection of risk, compliance, and innovation, our panelists Tim Mayopoulos, Kathy Kay, and Stefan John discuss how they have and hope to leverage AI and the profound benefits they’ve seen like risk reduction, cost reduction, protecting customers, and delivering enhanced services.

 

“[Our] broad portfolio helped soften some of the impacts...We don’t think it’s going to bump back to the levels pre-COVID, but we hope that it’s going to bump back to a reasonable level.” ~John

“It’s actually been an interesting catalyst for a number of things...I think that this is going to be an interesting transformational moment for financial services...” ~Mayopoulos

Introducing The Inevitable 2020 Series

Discussions to guide you through this unprecedented time.

Text IQ at the CPR Annual Meeting

Earlier this year, before cities, states, and even countries were placed on Covid-19 lock downs, when we could still go places (we miss places), our CEO and co-founder, Apoorv Agarwal joined leaders in compliance, law, and Fortune 100 companies at the International Institute for Conflict Prevention & Resolution’s annual meeting in St. Petersburg, FL.

Earlier this year, before cities, states, and even countries were placed on Covid-19 lock downs, when we could still go places (we miss places), our CEO and co-founder, Apoorv Agarwal joined leaders in compliance, law, and Fortune 100 companies at the International Institute for Conflict Prevention & Resolution’s annual meeting in St. Petersburg, FL. He was honored to participate in “The ADR Proceeding of the Future” panel discussion. Apoorv had the opportunity to share Text IQ’s innovations in artificial intelligence and its cutting edge applications.

At #TheInevitable 2019: "This is the Kind of Risk You Can't Put a Number On"

For our second year hosting #TheInevitable, Text IQ brought together a hand-picked crowd of thought leaders that don’t normally get to interact: CPOS, CIOs, CISOs, GCs—and some of the world's top researchers in AI. Our coverage is below.

The Inevitable: AI Will Change How Businesses Function

Last month, Text IQ hosted the first The Inevitable at the offices of Jones Day in New York City. The invite-only executive gathering was attended by Fortune 100 executives and leading Artificial Intelligence researchers to discuss AI’s evolving role in protecting highly-regulated enterprises.