Five Questions with Tom Vincent
Why did GableGotwals create a cybersecurity practice group?
Information has become much more accessible and transportable — essentially, more vulnerable — over just the past few years. This increased vulnerability has resulted in cybersecurity becoming a concern in areas of law — employee conduct and corporate policy development, for example — where it previously hadn’t.
This Tulsa World Article features GableGotwals attorney Tom Vincent.
Please see full Article below for more information.
Five Questions with Tom Vincent
Posted: Friday, December 4, 2015
By ROBERT EVATT World Business Writer
Tom C. Vincent II is an attorney with the law firm of
GableGotwals, where he leads the firm’s Cybersecurity
and Data Privacy Group.
1. Why did GableGotwals create a cybersecurity
Information has become much more accessible and
transportable — essentially, more vulnerable — over
just the past few years. This increased vulnerability has
resulted in cybersecurity becoming a concern in areas
of law — employee conduct and corporate policy
development, for example — where it previously
Our Cybersecurity and Data Privacy Group was
formalized to better provide clients with a complete resource center
for not only these traditional issues, but also for new issues
exclusive to cybersecurity and privacy.
2. What sort of businesses are vulnerable to cybercrime?
Any business with electronic information is vulnerable. Incidents involving stolen
personal information tend to gain more public attention, but what business owners may
not realize is that their commercial information may be targeted as well.
Attorney Tom Vincent stands at the
Gable Gotwals offices in Tulsa. MATT
BARNARD/ Tulsa World
As an example, for a small business its financial and pricing information may be of value
to its competitors. On a larger scale, inside information of public companies can be
valuable to those looking to profit in the stock market.
3. Briefly, what are some common forms of cybercrime?
The most basic version is simple physical theft — someone breaks into an office or
vehicle and steals a laptop, for example. The unfortunate thing for the victim is, while
the criminal’s interest may not have been in the data (just in the laptop itself), the
victim may have a responsibility to notify those individuals — customers and employees
— whose data was on the laptop.
In addition, criminals may use “phishing” or “spear phishing” — blanket or targeted
emails designed to gain access into company systems.
4. What do criminals do with information once it’s stolen?
If the ultimate target is the data itself, it may be utilized or sold — whether personal or
company information. Just this year, the Securities and Exchange Commission filed
fraud charges against 32 defendants in connection with a scheme involving trading on
confidential company information — this “outsider trading” (trading on inside
information by individuals outside the company) generated over $100 million in illegal
5. What are some things businesses can do to protect themselves?
When it comes to the types of attacks that may be directed at companies large and
small, awareness is often the strongest defense. Business should train their employees
regularly on basic email and Internet security issues — for some employees, this may
be their first experience with email or the Internet. Also, a point person — someone in
information technology, typically — should be established, to communicate issues
identified by the company — just because one employee figures out an email is a
hacking attempt, doesn’t mean they all will.
Robert Evatt 918-581-8447
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