Tech Law Talks

Technology and data risks at portfolio companies directly impact the value of these companies as these risks are becoming a major focus of due diligence when the companies are sold, often leading to a reduction in purchase price, indemnifications, or, in some instances, killing the deal. Whether you’re faced with a data breach that damages brand reputation or discloses highly valuable, confidential information or with privacy policies that do not allow for the sale of customer information, the importance of portfolio companies proactively managing these risks is paramount and can be done without significant investment.

Gary Barnabo, Anthony Diana, Catherine Castaldo and Sheek Shah discuss these issues at a high level, introducing the concept and offering some steps that private equity companies can take to manage the risks, with future podcasts providing more specific guidance.

AI is all the rage, and employees may be using AI without their employers understanding, or putting in place a policy to lessen, the risks of using this new technology.  Find out about the risks and legal issues to consider and why it’s important to have a policy in place that governs the use of AI by employees. 

Reed Smith Partners Cynthia O’Donoghue and Andreas Splittgerber delve into the recent developments surrounding the EU-U.S. Data Privacy Framework and discuss other data transfer mechanisms.

In the latest eComms episode with Smarsh regarding managing the risks associated with electronic communications (eComms) for financial services firms, Anthony Diana and Therese Craparo are joined by Tiffany Magri from Smarsh. Together, they discuss the messaging from regulators regarding compliance with the eComms regulations, considering the recent guidance, fines and public statements on eComms compliance. The discussion will cover the challenges the financial industry faces in attempting to interpret and comply with regulators’ expectations from both a practical and technological perspective. 

A regulator has just sent you an inquiry or a subpoena regarding unauthorized use by one of your employees of text messaging or a third-party electronic communications application.  What steps should you take to ensure you can respond effectively to the inquiry? This episode of our eComms series with Smarsh sees Anthony Diana, Kiran Somashekara, and John Lukanski accompany Tiffany Magri from Smarsh to answer this question and more. They discuss what the regulators’ expectations are for the inquiry or subpoena and the necessary actions all firms should be taking to minimize their risk.

Partners Andy Splittgerber, Michaela Westrup, and Alexander Klett discuss the legal risks and challenges associated with the use and operation of ChatGPT in Europe, and Germany in particular. They cover potential issues in the areas of data protection, copyright, anti-trust, and competition.

Join Reed Smith Tech & Data partners Cynthia O’Donoghue, Andreas Splittgerber, and Barbara Li as they discuss the legal updates and changes relating to cross-border transfers of personal data from an EU, UK, and Chinese perspective. In this episode, participants dive into the latest developments and legal issues and explain best practices that organizations must consider when transferring personal data to or from these regions.

As online disinformation becomes more prevalent, partner Anthony Diana and founder/CEO of AREDA Ventures Scott Mortman discuss the rise of disinformation, explain how fake users are now able to spread disinformation more efficiently, and explore the risks that disinformation poses to companies and their brands. They also discuss emerging trends in disinformation, including the rise of deep fake technology and its future impact on global business.