According to Candice Corby, Chief Executive Officer for Cobra Legal Solutions, “We looked carefully at what services our clients and the market find essential and sought out the best providers. Adding Digital Discovery to the Cobra family of companies increases our ability to help corporate legal teams, law firms, and government agencies with their pre-litigation and incident response challenges.”
According to TransPerfect President and CEO Phil Shawe, “We have competed against Semantix in the Nordics for more than 15 years and have admired their leadership position and strong reputation. It is exciting to have them as part of our rapidly growing global team and to work together to achieve great things for our customers. We welcome everyone at Semantix to the TransPerfect family, which will be a homecoming for some staff members who have worked with TransPerfect in the past.”
According to Rotem Iram, Co-Founder and CEO at At-Bay, “We are seeing a shift in commercial insurance with regard to cyber risk, and At-Bay is leading the way. While legacy insurers are pulling back on coverage and raising rates in the face of challenges like ransomware, At-Bay is doubling down with a modern approach to risk management that helps businesses improve their security and avoid loss before it happens.”
According to the recent mixed methods study on how cyber insurance shapes incident response, insurers undoubtedly face incentives to concentrate work among the most efficient firms but may lack the information to do so given insurers do not monitor service quality and must rely on second-hand reports. The study goes on to note that the only thing insurers reliably monitor is cost, which may lead to the commoditization of incident response that rewards cost-cutting above quality.
According to Bret Laughlin, CEO and co-founder of Braintrace, “NDR is critical to successful threat hunting. Braintrace’s competitive differentiation is its unique NDR technology that our MDR analysts leveraged for finding, interrupting and remediating cyberattacks. With our own NDR technology, the team responds faster and more accurately because of the real-time, automated visibility and threat verification they have into encrypted traffic. We built Braintrace’s NDR technology from the ground up for detection and now, with Sophos, it will fit into a complete system to provide cross-product detection and response across a multi-vendor ecosystem.”
A registration statement relating to the initial public offering by DISCO (LAW) has been filed with the Securities and Exchange Commission and was declared effective on July 20, 2021. The offering will be made only by means of a prospectus forming part of the effective registration statement relating to the offering. Trading began on the New York Stock Exchange on July 21, 2021. As of 3:01 PM ET, the stock was at $42.59 per share on a volume of 3,630,397 shares, up from an opening of $32.
In the summer of 2021, 24.4% of respondents viewed increasing types of data as potentially having the greatest business impact on their business in the next six months. This percentage is the highest of all concerns represented in the summer 2021 survey. This percentage is also the second-highest rating in the area of increasing types of data concerns since the inception of the survey in the winter of 2016.
In the summer of 2021, 80 eDiscovery Business Confidence Survey participants chose to answer at least one of the optional business operational metric survey questions in the quarterly survey. 38.8% of respondents reported increasing Monthly Recurring Revenue (MRR). This is the highest percentage of respondents reporting MRR as increasing since the introduction of operational metric questions into the business confidence survey in the winter of 2019.
Increased interest in levels of M&A activity has resulted in the Bureau of Competition’s Premerger Notification Office (PNO) publishing the monthly figures for Hart-Scott-Rodino (HSR) Act transactions. The latest monthly update from the PNO is for June 2021 and noted 295 reported transactions. This is the highest number of monthly reported transactions in any month of June between FY 2010 and FY 2021. It is also the fifth-highest number of reported transactions in any month since October 2010.
Since January 2016, 2,522 individual responses to twenty-three quarterly eDiscovery Business Confidence surveys have been received from legal, business, and technology professionals across the eDiscovery ecosystem. These nonscientific quarterly surveys are designed to provide insight into the business confidence level of individuals working in the field of eDiscovery supporting cyber, data, and legal discovery tasks. 90 respondents shared their strongly optimistic opinions as part of the most recent survey.