Author Archives: Christopher Wiech

Christopher Wiech

About: Christopher Wiech

Chris represents clients in high-stakes litigation in federal and state courts throughout the United States. He primarily represents companies in business disputes involving claims for breach of contract, breach of fiduciary duty, fraud, fraudulent transfer, preferences, tortious interference, copyright and trademark infringement, false advertising, or other business torts and statutory claims. His clients include public and private companies, as well as executives, from a wide range of industries, including manufacturing, banking, technology, commercial real estate, REITs, insurance, e-commerce, agribusiness, securities, renewable energy, professional sports, telecommunications, utilities, nationwide retail, entertainment, tourism, and transportation.

The C-Suite’s Perspective on Cybersecurity and Liability

Recently, IBM surveyed more than 700 C-Suite executives in 18 industries and 28 countries about their views on cybersecurity.  Ninety-four percent of those interviewed believe that their respective companies will experience a cybersecurity incident in the next two years. Despite such widely-held acceptance of the inevitability of an incident, only sixty-five percent of C-Suite executives expressed a confidence in their cybersecurity plans. Sixty percent of the Chief Finance, HR, and Marketing Officers surveyed expressed their feeling that they are the least involved in cybersecurity measures, even though they are the individuals responsible for data most coveted by cybercriminals. Another takeaway …

[ CONTINUE READING ]

Bitcoin and the Changing Legal Landscape

If your business is contemplating doing something with digital currencies (meaning virtual currencies, like Bitcoin, Ripple, Ethereum, etc.), you need a plan. First, consider how and where your business will use digital currencies. Second, know what laws and regulations apply. Third, implement a compliance plan to ensure your business doesn’t run afoul of the law. Fourth, stick to your plan. This fourth step can be difficult to follow, particularly if your business is a startup trying to quickly establish itself and gain a foothold in the fast-paced, evolving online marketplace. You may think implementing a compliance plan will cost you …

[ CONTINUE READING ]

What We Know About BitCoin, and What Is Still Unknown (Part II)

In Part I, we gave an overview of Bitcoin and how it’s different from the digital “real currency” that is in widespread use today.  In Part II, we’ll ask and answer the question – Is Bitcoin just a fad?  Is it novel in concept, but not particularly advantageous for the average person, or does it have staying power? Regardless of what you might think about Bitcoin today, its strongest proponents and harshest critics agree on one thing – Bitcoin and its underlying blockchain technology cannot be ignored.  Major players in the financial industry and tech industry are pouring significant money …

[ CONTINUE READING ]

What We Know About BitCoin, and What Is Still Unknown (Part I)

It’s no surprise that, as the way we exchange information continues to evolve at an ever-increasing pace, the way we exchange value is rapidly evolving too.  This two-part series explores the Bitcoin evolution occurring in the world of electronic payments. In today’s business environment, we already mostly exchange value digitally—with payment cards or mobile apps linked to our bank accounts.  Most of the world’s wealth is accounted for by 1s and 0s in computer files, not coins and bills.  As the Internet and mobile converge, paying with physical currency and checks with perforated edges is less and less common. Many …

[ CONTINUE READING ]

Is Creepy Compensable?

A watchful eye can be a good thing. We all want to keep an eye on what’s important. In an increasingly fast-paced world, however, it gets harder. The Internet and advances in mobile technology put so much information at our fingertips that it is difficult to keep up with, or sometimes even to discern, what matters most. But the Internet also makes it possible to stay connected with the people and things we value even when we can’t or don’t need to be physically present. Web cams, for instance, allow us to monitor our homes from afar. You can sit …

[ CONTINUE READING ]

Posted in Privacy \ 1 Comment