No one knows better than Ted Schaer, a dedicated member of the Zarwin Baum legal team, about the importance of cybersecurity in today’s business landscape, where remote access to corporate mainframes is the only way to conduct business. Ted Schaer has promoted strong cybersecurity strategies for companies and considers company business data and employee personal information to be the “‘crown jewel’ of a company’s intangible assets.
Ted Schaer on CyberSecurity
According to Ted Schaer, a single lost data record could cost a business or a consumer hundreds of dollars because “thirty-five percent of data breaches come from human negligence.” Multiply this by hundreds of pieces of data stored on corporate systems, and you get a good idea of the financial disruption a data breach can cost. Ted Schaer encourages business owners and upper management of corporate entities to take significant precautions to ensure their business and employee data is safe.
In addition to being an expert on protecting businesses from cyber attacks, Ted Schaer also sees the major role that artificial intelligence will play in making businesses across all industries more profitable and provide for significant boosts in sales through successfully targeting customers with demographic information and purchasing behavior profiles all generated by AI.
Ted Schaer on Remote Business in the COVID-19 Pandemic
With businesses having to adapt due to the COVID-19 pandemic, it is more crucial than ever to safeguard your organization against a cyber intrusion. In a matter of weeks, office employees have translated to work-from-home status with laptops in tow and wireless connections to corporate IT
Ted Schaer encourages businesses to seek the help of legal teams and IT cybersecurity professionals to train your in-house staff on how to best safeguard your data using the right technology and tools without making it too difficult or impossible for employees to work.
Your remote infrastructure deserves particular attention at these times. Ted Schaer defines remote infrastructure management as that part of your IT infrastructure that is the base of remote operations to support business functions that are scattered across geographies. When your physical IT infrastructure is geographically separated from your IT management staff, it may be wise to enlist the help of a third-party IT service providers that has the expert knowledge and experience to manage and safeguard your computer data, it’s software and hardware.
Ted Schaer on What You Can Do Right Now
No matter the size or scale of your business, you may be at risk of losing crucial operating data, sensitive financial information, or critical customer statistics that can set you back from years of hard progress.
Ted Schaer recommends that corporations limit access to sensitive information and only share what is absolutely essential for productive work processes. This is important to guard against a possible internal cyberattack from a disgruntled employee, so for now, best practices dictate keeping private information limited to only essential personnel.
If you haven’t already adopted cybersecurity policies for remote workers to prevent essential or critical data from falling into malicious hands, now is the time to partner with the right security technology or network protection services to get the proper training for your employees.
Ted Schaer is a 1982 graduate from American University with a Bachelor of Science degree in Government and Public Administration.
Any company dealing with any form of security have something to back them up in case things go end up. Ted Schaer explains how cyber liability defense attorneys help with this.
Cyber security is something that companies need, and in turn, various companies exist in order to provide this necessary service. As technology grows and progresses, so too does our reliance on it; and with that reliance, there exist more opportunities for malicious actors to attack or otherwise invade your network security. With these attacks often can pose the risk that users of your company find their data compromised, which may very well create a liability issue for you and your company. Ted Schaer explains how best you can handle this situation, with the use of cyber liability defense attorneys, a rising area of law.
Ted Schaer on the use of cyber liability defense attorneys in protecting you in the event of a data breach
In the event of a data breach, you may find yourself on the wrong end of a liability lawsuit, Ted Schaer notes. When dealing with that kind of lawsuit, it certainly behooves you to employ cyber liability defense attorneys, as they are specialized enough that this is the kind of issue will produce a more desirable outcome than a generalized defense attorney may be able to produce. Themis Advocates Group is one such company that provides this kind of service, employing cyber liability defense attorneys from dozens of law firms in the United States.
Cyber liability defense attorneys work on two different levels. First off, they provide clients with services that are regarded as preventative services, Ted Schaer explains. Essentially, rather than having to deal with the embarrassment of a data breach, much less a publicized one, a good cyber liability defense attorney will help instill you with knowledge and practices that will prevent — or at least try to — a data breach. The second service is the one that you do not wish to have is a proactive one, designed to basically be damage control, Ted Schaer points out. Cyber liability defense attorneys help you understand state and federal laws regarding data breach disclosure and reporting, and how to properly comply with these, as well as setting you up with improvements to your network security. If things get litigious, Ted Schaer notes, they will also provide defense representation and work with law enforcers and investigators. Ted Schaer recommends services from organizations such as Themis Advocates Group, as they have a great deal of access to valuable resources that help them help you. This is a complex problem, and one that you are strongly recommended to seek help. By working with Themis Advocates Group and its team of cyber liability defense attorneys, you will increase your chances of avoiding a data breach or healing from one, Ted Schaer points out.
Ted Schaer is a well-recognized attorney with Zarwin Baum DeVito Kaplan Schaer Toddy P.C. Law Firm. He is also chairman of the Cyber Liability, Privacy, and Data Security Department. He uses his expertise to advise clients on cybersecurity and provides data breach services. He is now using his expertise to warn other law firms of recent ransomware attacks.
Ted Schaer explains that hacker groups have been known to target small law firms. One of these hacker groups known as Maze, has now attacked firms in Texas, Oregon, and South Dakota. The group is believed to be responsible for a recent attack on Cognizant, an IT services firm as well.
Maze uses a process to conduct their attacks. They hack into a network, and slowly begin to steal files and credentials. They may begin by stealing unencrypted files, which they use as leverage. Maze threatens to release confidential data they obtain through hacking if a ransom is not paid. Ted Schaer warns that law firms are particularly vulnerable to this type of attack, because of the confidential nature of their business. Confidential information getting leaked could cause a firm legal problems and destroy the trust their client’s place in them.
At a 2018 seminar titled Shifting Your Cyber Risk to Protect Your Bottom Line, Ted Schaer stated that 63% of data breaches can be linked directly or indirectly to third parties. In addition to advice for small businesses on vetting vendors and designing contracts to shift liability to third parties, he mentions the importance of cybersecurity insurance. Ted Schaer recommends hiring experts to help you navigate the complexities of cybersecurity and insurance.
Ted Schaer states that phishing and email malware are the top security concerns for law firms. Malware attacks occur 94% of the time through email delivery, and phishing accounts for 80% of all cybersecurity incidents. Unfortunately, these types of attacks are not easy to prevent. They require multiple layers of security, because as better anti-virus and spam blockers are developed, the hackers use more advanced techniques.
Ted Schaer explains that there are steps all firms should take to protect their business. He recommends hiring a cybersecurity insurance and security specialist to correct any vulnerabilities a firm has. However, there are some basic cybersecurity tips firms can implement on their own.
The first is to use a password manager. These allow you to create strong passwords, and they will automatically fill them in for you. You simply need the master password to access the password manager. It has another benefit as well. If you click on a website URL that is actually fake, the password manager will not automatically fill in your login details because it won’t recognize the fake site.
Next, Ted Schaer recommends using two-factor identification, particularly for sensitive email communications. If a hacker gets the emails, they won’t be able to access them without the authentication code. He also suggests routinely checking software for updates and security patches.
Lastly, he suggests offering cybersecurity training for all employees. Hackers often rely on well-meaning employees clicking a malicious link or opening a phishing email. Giving employees the cybersecurity tools they need includes the correct training as well as cybersecurity software.
Ted Schaer showcases important legal news, congratulates fellow attorneys for milestone accomplishments
Given the fact that courts throughout the nation are shut down due to the COVID-19 pandemic, it’s easy to assume that all activity in the legal sector has come to a halt. However, as renowned lawyer Ted Schaer points out, this is hardly the case. Schaer offers a peek into some notable achievements that are well worth celebrating.
Ted Schaer and his entire law firm have always put a premium on encouraging diversity in the legal industry, rightly noting that it’s important for law firms to “mirror the global communities in which our employees and clients live and work”. To that end, it’s not surprising that Schaer highlights the accomplishments of two notable female colleagues on his LinkedIn page. He notes that Priya Kunthasami was just appointed the first Beazley Breach Response (BBR) Services manager in Canada and points out that notable former prosecutor Kristen Gibbons Feden recently joined a private practice to focus her energies on representing victims of crimes, accidents and other forms of injustice.
Schaer also highlights the highly informative COVID-19-related resource page constructed by the law firm Gallo Vitucci Klar, LLP. The page is ideal for anyone interested in how the pandemic has affected legal proceedings throughout the United States. It contains news on NY and NJ court systems, federal and state legislative updates, and litigation trends, among other topics. Given the fact that Ted Schaer is a leading expert in insurance-related cases, it’s likely he’ll eventually weigh in on insurance cases referred to on the page. Small businesses in various parts of the country are taking insurers to court for refusing to provide coverage and/or compensation due to the pandemic and the outcomes of these cases are certain to affect the business and insurance communities alike for the foreseeable future.
Ted Schaer also highlights legal firms and insurance agencies that have made the effort to go fully remote to protect their employees and clients from the coronavirus pandemic. Some of the firms that he showcases on his LinkedIn page include Gavel.net, Magna Legal Vision, and the NSM Insurance Group. As Schaer points out, some of these businesses started preparing to go virtual months or even years before the pandemic hit, and their efforts have certainly paid off in helping to protect their communities from the spread of COVID-19 while providing employees with an avenue to earn a steady income even as businesses throughout the nation shut down.
As Ted Schaer makes clear, a lot is going on in the legal community right now. Lawyers are sharing information to help community members and fellow lawyers during and after the pandemic and many in the legal and insurance industries are doing everything in their power to keep their communities safe. As the U.S. emerges from the COVID-19 pandemic and its aftermath, the legal industry is certain to get back on the job providing individuals and businesses alike with the quality representation and services they need and deserve.
As a lawyer with years of cybersecurity cases behind him, it’s fair to say that Ted Schaer is quite well-versed when it comes to cybersecurity law. As a practicing attorney for the greater part of 33 years, Ted Schaer has seen a lot from a legal standpoint. “I’ve seen it all and done pretty much most of it.” His latest battle, he deems, is his most important. “I’ve seen entire livelihoods upended as a result of not having more secure cybersecurity measures in place.” This idea of not having strong cybersecurity systems set up has driven Ted Schaer to become more vocal about his support for the matter as a result. “I used to just sit and do my job protecting these clients but I am finding myself more and more on the activist role these days”, Ted Schaer says. “One of my clients was scammed through a phishing scheme and that hurt his business for about a year.”
As a result, Ted Schaer developed a comprehensive course on how businesses can retain their security online and he established Zarwin Baum’s Cyber Liability Practice. Zarwin Baum’s Cyber Liability Practice supports clients before and after a data breach, identifying and advising on strategies that address and minimize potential legal liabilities. Through preemptive consulting including privacy and security assessments, Ted Schaer works with clients to develop data privacy best practices and incident response plans to minimize the risk of a data breach and put the client in the best position to respond when a breach occurs. To help minimize a client’s potential legal exposure, Ted Schaer and his team assist with the creation of applicable internal policies and procedures, employee trainings, and can guide the purchase of cyber insurance coverage. “What I can do is give the general public some tips on how exactly you can combat security threats to your company so you don’t suffer the worst fate in the future.” And what are those tips? Ted Schaer was able to pare it down into two main points that people should refer to when dealing with online customers time and time again.
Erase Your Data
Erasing your data does not mean simply deleting it. “We have seen many clients that felt that deleting data was the same thing as erasing it. The sad truth is that it’s not,” Ted Schaer says. “Really when you erase something you are changing the binary code into something that is not recognizable by potential hackers.” His time as a cybersecurity consultant and lawyer has given Ted Schaer a new outlook on what it requires to maintain a top-notch security protocol. “Making sure you can redirect that binary code when you are transferring your hardware if you are moving is something that is extremely important to do. Back up your material and then figure out a way to erase it efficiently.
Find A Competent Advisor
“You need to absolutely have someone who has experience in the field”, Ted Schaer says. “Without that, you’ll be hiring someone who is incompetent and that can, frankly, get you in a lot of trouble.” Ted Schaer, a former co-dean at the CLM School of Cyber has seen this happen too many times. “You get someone with a great rate but they have no idea what the protocol is when defending yourself in court when it comes to cybersecurity issues. Someone who is competent in the matter can help you retrieve your belongings.”
Ted Schaer hopes these two important points will hold those seeking greater guidance for now. “I just want everyone to be aware that there are options”.
Juries granted large settlements — in some cases up into the billions of dollars — in personal injury cases last year. However, large settlements are not automatic, as a case argued by Ted Schaer and colleagues demonstrated.
Last year, a California jury ordered Monsanto to pay $2 billion to a couple who developed non-Hodgkin lymphoma after years of using Roundup products. A Texas jury awarded $80 million to a trucker injured when he fell asleep and crashed his truck into another rig. The trucker, Lauro Lozano, had alleged his boss made him alter the logbook so that it appeared he had rested between loads, when, in fact, he had taken two loads without a rest.
In Florida, a jury awarded a former accountant $41 million when he was rendered a quadriplegic in an accident at a member-only golf community. The accountant, James Schnurr, was riding his bike when he struck an upright post. In another case, a jury awarded $103 million to the families of six people who died and to 10 people injured in the collapse of a pedestrian bridge at Florida International University.
Yet, in Pennsylvania, a case against a facilities management company was dismissed before going to trial. The case alleged that the facilities management company was negligent in managing an elevator that had malfunctioned. Attorney Ted Schaer and colleagues successfully argued that the person who brought the charge had provided no expert evidence that the facilities management company had done anything wrong. Further, Ted Schaer and colleagues argued that a non-expert juror could not assume that an elevator could only malfunction if there was negligence. The judge agreed.
Ted Schaer, esquire, with Zarwin Baum DeVito Kaplan Schaer Toddy P.C, served as one of the primary attorneys on the facilities management case. Ted Schaer, of Philadelphia, has been with Zarwin Baum since 1987 and is currently a partner and co-chairman of the firm’s property and casualty defense department. Ted Schaer has defended companies and insurers, spanning many industries.. Ted Schaer also specializes in cases involving cyber liability, privacy, and breaches, and is a frequent speaker on these topics. For the past five years, Ted Schaer has served as co-dean of the Claims and Litigation Management (CLM) School of Cyber.
Ted Schaer Discusses the ways AI Will Disrupt the Legal Profession
Artificial Intelligence is changing the way that we do business. Ted Schaer the Chairman of Zarwin Baum‘s Cyber Liability, Privacy and Data Protection Department, knows this better than anyone else. In the thirty-three years that Ted Schaer has been practicing, he has never seen the law industry become so revolutionized, almost overnight. You can find hints of artificial intelligence being used in the law industry if you know where to look. Fortunately, Ted Schaer is here to provide us with some real examples of how AI is shaping the industry that we work in.
The first thing that Ted Schaer wants to share with us is the fact that AI is making your law practice more profitable. A generative AI program can scour the web to find information on your case, rather than relying on an assistant to do the job for you. The AI will be able to take the most relative information to your case and apply it. Though AI will not be able to replicate the creativity of a human, it can provide you with instantaneous results before your brain can even comprehend it. Ted Schaer knows that if lawyers want to remain successful, they will need to adapt to the times and utilize these programs in their daily routines.
Ted Schaer has noticed that more law firms are using backend analytics to help them improve their profitability. These AI’s search for different variables that can help your business stand out from the rest. Trends, topics of interest, and other valuable information can be gathered from these analytical AI’s to help you get ahead of the curve. Ted Schaer uses analytics to help him improve his law firm’s digital presence. Utilizing pertinent information, provided by AI, has helped Ted Schaer remain on top of his game for quite a while now. Ted recommends that you pursue this avenue if you are serious about practicing law.
Ted Schaer was Set to Speak at the CLM Conference on the Internet of Things in Mid-March
Ted Schaer explains what he would have highlighted as the Co-lead in a session at the CLM Annual Conference
The Chairman of Zarwin Baum’s Cyber Liability, Privacy and Data Protection Department, Ted Schaer, was going to be a leader at the March 19th session called “Consumer Electronics and the Internet of Things – The Next wave of Digital Evidence in Claims in Litigation”. Unfortunately, this annual event was canceled due to the COVID -19 outbreak, but Ted Schaer wanted to pass along the highlights of what he was going to discuss. This conference serves as a means for professionals from the claims and litigation management industries to gather to discuss and learn about matters affecting these areas. Here are some of the highlights for all interested parties.
The Importance of the Internet of Things from the Perspective of Ted Schaer
Ted Schaer believes that people have become hyper-connected to their digital devices, including wearables, and that this impacts the field of law. In particular, it affects litigation in that the devices can provide information that can further be used as evidence in cases. Gone are the days of tireless searches through phone records and medical records to find even small details to be used in building claims in legal cases.
The world uses a wide range of electronic devices for communication, which also can interface with education, entertainment, fitness, gaming, etc. These sources can help provide a broader picture that can make litigation more streamlined. Data is already being collected for about every single person. Ted Schaer upholds the stance that if it can be utilized in a beneficial way and helps someone to receive compensation, or for justice to be served, it’s well worthwhile.
Ted Schaer Talks About the Future of the Internet of Things
Ted Schaer discusses how wearables, smart home apps, digital pacemakers, and similar things can be used in the legal realm today. He believes this is expected to evolve going into the future. It’s an exciting time for technology and we’re sure to see even more changes in how it can make the difference in legal cases.
Ted Schaer represents the Cyber Liability, Privacy, and Data Protection department with a professional and compassionate manner. Be sure to contact Ted Schaer if you have questions regarding the firm’s cybersecurity practices and litigation procedures regarding data collection.
Experts state that artificial intelligence (AI) is able to take on 23 percent of attorneys’ workload. This is somewhat of a startling revelation, though it does make sense when you think about it. Ted Schaer works in the legal field and has a strong interest in this subject, including how it will impact law firms in the long run.
The legal services market is considered to be one of the largest throughout the world. It hasn’t been afforded the technological advancements that have infiltrated most other industries. This is due to the fact that the legal field has been bound by tradition and slow to change, yet it’s sure to change in the upcoming years, a fact that Ted Schaer is well aware of.
Law is especially ideal for AI advancements because it has similarities to machine learning. This includes how the law is considered the most formally logical social science. Axioms are used which come from legal precedent and the given facts in order to come up with legal rulings. Machine intelligence certainly can be applied here smoothly and with many benefits.
Ted Schaer Knows How Contract Review Will Change
Contracts heavily make up the economic system but they really haven’t been streamlined enough to cut down on the legal team’s workload. Lawyers have to review, edit, and transfer these documents back and forth and it delays deals and this can negatively impact a business. Humans also tend to make mistakes easier than machines do, particularly when you’re talking about thousands of pages in these contracts. Ted Schaer and his team are aware of how important it is to fact-check and that these mistakes can happen.
This process can be automated with the help of startup companies such as Clearlaw and Lawgeex, which already have been working on this goal. Their systems will take in the proposed contracts, analyze them with the use of natural language processing technology, and let you know which parts have issues in them. Clearlaw CEO Jordan Ritenour says that legal professionals should get to make use of large data sets to help their decision-making the way sales and marketing professionals have over the years.
Not only is it a good idea to put together contracts this way, but a law firm like the Ted Schaer works at should make the company mindful of all of the obligations and terms that are in place. This is beneficial when the company has several departments that have to work within its boundaries.
Ted Schaer Sees A Brighter Future with AI Advancements
It’s obvious that humans need to work cooperatively with such systems, reviewing the AI’s analysis and making decisions. Since AI work is moving quickly it is entirely possible that the programs can carry out the process fully someday soon. The major benefit to this is that attorneys like Ted Schaer will be able to have the system take care of this more tedious work and concentrate on higher-impact work to make a greater difference and improve on their bottom line.
Ted Schaer is excited about all of the transformations that the legal field will see. Some other areas that will be affected include legal research and prediction of case litigation. It’s truly an amazing time and Ted Schaer and the rest of the law firm know that AI will bring about challenges and benefits.
While protecting your business from physical dangers is one thing, protecting it from cyber attacks is another. Every business is at risk for some kind of cyber attack. There are even different kinds of cyber attacks that can affect your business, such as:
- Blackmailing information
- Stealing your financial assets
Fortunately, Ted Schaer is here to give us some information on this topic to help us keep our businesses safe. Here are some mandatory tactics that you need to follow in order to keep your business out of harm’s way of potential cyber-attacks that could ruin what you have built.
Ted Schaer Recommends Limiting Information
While it is important that you should allow your employees access to company information, you need to take note of what you should actually be sharing and what should be kept private. You always run the risk of an internal cyberattack if one of your employees is disgruntled and wants to use your information for malicious purposes. Be sure to consider what should be shared and what shouldn’t.
Ted Schaer Shares the Importance of Password Cycling
Your router, computer, and other devices around your office require passwords in order to access. However, passwords that are not cycled regularly can end up causing more of a detriment than providing actual security. You should be password cycling your electronic devices, computers, and other important pieces of technology at least once every three months. This will keep you on your toes whenever it comes to making sure that your information is secure and protected from prying eyes online.
Ted Schaer Advises You to Train Your Employees
While you may take every precaution out there to prevent a cyber attack from happening, it may inevitably happen. Hackers are more cunning than ever and can brute force their way into your encrypted files if they are desperate enough. However, most of the time the biggest risks happen whenever your employees make a mistake that they were never told to avoid. This is why it is important that you regularly talk to your employees and train them on the importance of not letting secure information get out into the ether.
To do this, you should:
- Train them on the importance of not sharing information even if it doesn’t seem like a big deal
- Ask them to change their personal passwords regularly to avoid getting hacked
- Contact you immediately if they notice that there are any kind of suspicious signs of a cyber-attack happening or about to happen