Craig N. Landrum

Featured in: Favicon

law360.com Favicon

natlawreview.com Favicon

mondaq.com Favicon

lexblog.com Favicon

law360.co.uk Favicon

ggbnews.com

Articles

CrowdStrike Incident Highlights Third-Party Risk For Banks

Aug 26, 2024 | law360.com | Craig N. Landrum

By Craig Landrum (August 26, 2024, 6:31 PM EDT) -- Just as the banking industry was recovering from Silicon Valley Bank's 2023 liquidity failure — largely accelerated by social media-fueled withdrawals — global business disruptions related to CrowdStrike's July 19 Windows update are a reminder of the dangers the interconnectedness of the internet can hold for organizations, including banks. ... Law360 is on it, so you are, too.
Dangers Of Interconnectedness

Aug 1, 2024 | mondaq.com | Craig N. Landrum

Just when the banking industry was seemingly recovering from the failure of Silicon Valley Bank (which was fueled in large part by social media), we are again being reminded of the dangers of the interconnectedness of the internet for organizations, including banks, experiencing business disruptions on a global scale related to a July 19 update to Windows released by CrowdStrike.
Interconnectedness Potential to Create Global Disruptions

Jul 25, 2024 | natlawreview.com | Craig N. Landrum

Just when the banking industry was seemingly recovering from the failure of Silicon Valley Bank (which was fueled in large part by social media), we are again being reminded of the dangers of the interconnectedness of the internet for organizations, including banks, experiencing business disruptions on a global scale related to a July 19 update to Windows released by CrowdStrike.
"Dangers of Interconnectedness"

Jul 25, 2024 | joneswalker.com | Craig N. Landrum

Just when the banking industry was seemingly recovering from the failure of Silicon Valley Bank (which was fueled in large part by social media), we are again being reminded of the dangers of the interconnectedness of the internet for organizations, including banks, experiencing business disruptions on a global scale related to a July 19 update to Windows released by CrowdStrike.
Are Bank Noncompete Agreements Safe?

Jun 5, 2024 | mondaq.com | Craig N. Landrum

Recently, the Federal Trade Commission (FTC) voted to ban employee noncompetition agreements for companies within its jurisdiction, including noncompete agreements for employees who are currently in place, other than senior executive officers. It is important to note that financial institutions are not subject to FTC jurisdiction. Therefore, the ban would not currently apply to financial institutions.
Telecom Alert: ACP Ends; June Open Meeting; Orbital Debris Mitigation Rules Update Proposal; 988 Georouting FNPRM Pleading Cycle [Vol. XXI, Issue 23]

Jun 3, 2024 | natlawreview.com | Jaimy Alarcon |James Baller |R. Johnson |Craig N. Landrum

The FCC has officially ended the Affordable Connectivity Program (“ACP”) effective June 1, 2024, due to a lack of additional Congressional funding. The FCC has encouraged former ACP providers to continue to develop low-income programs and raise awareness of the Lifeline program, which could alleviate financial pressure for some former ACP recipients. The Lifeline program offers a $9.25 monthly benefit on broadband service for eligible households.
FCC Reclassifies BIAS as a Telecommunications Service

Jun 3, 2024 | natlawreview.com | Jaimy Alarcon |James Baller |R. Johnson |Craig N. Landrum

On May 7, 2024, the FCC released a Declaratory Ruling reclassifying “broadband Internet access service” (“BIAS”) as a “telecommunications service” subject to the jurisdiction of the FCC under Title II of the Communications Act. It was accompanied by an Order removing BIAS from most Title II regulations, and a Report and Order applying a set of Open Internet rules to BIAS providers.
Understanding the Effects of FTC Non-Compete Ban on Banks

Jun 3, 2024 | natlawreview.com | Craig N. Landrum

Skip to main content June 03, 2024 Volume XIV, Number 155 Legal Analysis. Expertly Written. Quickly Found. Trending News Are Bank Noncompete Agreements Safe?
Well-Crafted Corporate Minutes

May 14, 2024 | mondaq.com | Craig N. Landrum

Recently my partner Kenneth J. Najder wrote an excellent article on well-crafted corporate minutes. In this article, we add nuances peculiar to banking organizations in keeping such minutes, particularly in respect of the proposed guidelines establishing standards for Corporate Governance and Risk proposed by the FDIC for institutions with assets of $10 billion or more. And, of course, everyone knows guidance flows downhill.
Get Off the Beaten Path: Three Ways Outsourcing Can Help Firms Achieve CRM & Data Quality Success

Apr 25, 2024 | natlawreview.com | Joseph F. Lavigne |Lourdes Martinez |Gregory Smith |Craig N. Landrum

Normally, the path most traveled is thought to be the better road as it represents the path that leads to achieving goals and success while the less traveled path leads to stressful processes and unknowns. But for firms trying to achieve CRM success, the “beaten path” involves investing tens of thousands of dollars into the latest and greatest technology and hiring internal Data Stewards to maintain the data flowing into the system.