Remove tag litigation
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SMEs Forced To Live With New Normal Of Cyberattacks

PYMNTS

The price tag attached to a data breach on a small business has increased this year, according to new analysis from IBM and Ponemon Institute. With their newly released “ 2016 Cost of Data Breach: Canada ” report, the firms examined the financial impact of data breaches on 24 companies in Canada to assess the damage.

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RBS Sued By SMEs For $1.5B

PYMNTS

The Royal Bank of Scotland is in hot water with small and medium-sized businesses, and reports on Monday (April 25) have put a price tag on those legal troubles. Reports said the bank is getting sued for $1.45 The FCA is expected to publish its report on the allegations within just a few weeks, reports said.

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Transcript: Robert Koenigsberger

Barry Ritholtz

Bank of America decided they wanted to sell their branch in Lima, Peru, and the price tag was a million dollars. KOENIGSBERGER: So our special situations group, we do a lot of litigation finance. KOENIGSBERGER: So — and in litigation finance, you know, the most difficult thing to predict is the outcome of the litigation.

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Transcript: Brian Hamburger

Barry Ritholtz

But in my second week working at the SEC in the enforcement division, after I took Chuck Senatore’s class that we talked about earlier, he assigned me to work for this powerhouse of a litigator, Sue Curtin (ph). But my deal is I use one of these services where anything I find interesting, I just tag it as a “to watch.”