Discuss recent developments in the global regulatory landscape that impact cybersecurity compliance in the financial industry, and the sources of authority or reference for defining legal standards in this domain. Review regulatory guidance that both identifies and raises questions on what is enough to satisfy an organization’s responsibilities to customers, employees, business partners and other stakeholders with respect to cybersecurity. Identify best practices for effective implementation of cybersecurity measures. Explore how a multinational financial institution can structure its cybersecurity program at the enterprise level without running afoul of foreign jurisdictions’ regulators. Review the state of play in civil litigation over data breaches, including plaintiff strategies for overcoming motions to dismiss based on inadequate pleadings or standing. Discuss recent settlements of major data breach class actions and their impact on future cases.