Managing Cybersecurity Threats in 2026 Episode 1

Law Firm Cyber Attacks & the New Financial Sector Regulatory Landscape

Law firms are increasingly becoming prime targets for sophisticated cyber attacks. When a breach occurs, firms must navigate a host of critical issues with both their clients and governmental regulators, often under intense time pressure and public scrutiny. At the same time, the financial sector is undergoing a major regulatory shift with the SEC’s Amended Regulation S P, now in effect as of last December. These amendments require broker-dealers and registered investment advisers to adopt written incident response plans, strengthen oversight of service providers, and enhance breach notification procedures. This podcast will examine how both developments are creating new challenges and exposures for law firms and financial institutions, with insights into what professionals across the liability spectrum need to understand in this evolving landscape.

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Featured on This Episode

Host

David Shannon, Esq.

Chair, Privacy & Data Security Practice Group; Chair, IP, Technology & Media Litigation Practice Group, Marshall Dennehey

David J. Shannon is a shareholder at Marshall Dennehey, where he leads both the Privacy and Data Security, and the Intellectual Property Practice Groups. David concentrates a substantial portion of his practice on privacy law, data breaches, ransomware attacks, intellectual property and copyright and trademark infringement. He is experienced in defending privacy and intellectual property cases throughout the United States. David is an international speaker at privacy and data security conferences and seminars, where he discusses legal issues and emerging trends in the privacy arena.

Guest

Ryan P. Friel, Esq.

Shareholder, Marshall Dennehey

Ryan Friel is a member of both the Securities & Investments Professional Liability and Privacy and Data Security Practice Groups. Ryan represents FINRA member firms, registered representatives and registered investment advisors in state and federal court as well as in Financial Industry Regulatory Authority (FINRA) arbitration and expungement proceedings in addition to a wide range of investigations, examinations, inquiries and enforcement matters. Ryan’s privacy and data security practice involves defending clients in both privacy-related litigation, and technology related claims and litigation as well as handling regulatory investigations for clients from a wide breadth of industries in matters stemming from data privacy and security incidents.

Episode #

Month

June

Year

2026

Business Line

Cyber Liability, Professional Liability

Topic

Professional Liability (PL) Insurance

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