Global consulting firm J.S. Held announces today that six intellectual property experts from Ocean Tomo, a part of J.S. Held, are among the World’s 300 Leading IP Strategists recognized by IAM. The IAM Strategy 300 is a guide to the pioneers in the IP industry, recognizing those who innovatively create and action strategies that support […]
Ocean Tomo Insights
Risky Business: How Fintech Firms Can Build Better AML and Sanctions Risk Assessments
Introduction The year 2023 promises to be exciting for Fintech. On the upside, the web 3.0 economy is poised for significant growth as decentralization favors creatives and community with its lower costs and lower barriers to entry infrastructure. The downside will come in the form of more lawsuits, regulatory uncertainty, perpetuation of scams, and operating […]
Critical Issues in Cyber Incident Response: What Happens After a Ransom Payment is Made
Introduction Ransomware trends – specifically related to frequency, cost, and payout – should no longer surprise us. We depend on technology more and more, integrating it into every aspect of our lives. As for data management, there is simply more to handle. We continually create it. Furthermore, payments continue to be made1 – with 65%2 […]
Forensic Accounting & Financial Investigations: The Layered Approach
Introduction: Taking the Layered Approach There’s a maxim in forensic accounting that investigations take twice as long as anticipated, yet the final report appears to have taken half the time. There are progressive layers in a forensic investigation that may need to be followed to reach a defensible conclusion. Each layer allows for the milestones […]
Cyber Security & Business Interruption: Foundations for Prevention and Mitigation
Introduction The modern security ecosystem is diverse and ever-changing, a place where cyber risk is top of mind for leaders at all levels, and threats to information / data security and privacy evolve at the speed of the technical innovations driving progress. Within this dynamic ecosystem, we are increasingly connected across the globe, where organizations […]
Expert Testimony Insights on Trade Secrets
In a matter involving misappropriation of trade secrets related to software tools used in the healthcare industry, Syntel Sterling Best Shores Mauritius Ltd. v. Trizetto Grp., Inc., 68 F.4th 792, the Court of Appeals for the Second Circuit’s (“Second Circuit”) Order identified factors that may guide the recovery of damages based on avoided costs under […]
Detecting Fraud Using Emerging Technology: Don’t Be Afraid to Innovate
Introduction In today’s rapidly evolving digital landscape, fraud and financial crime have become an increasingly complex and pervasive issue for organizations, big and small, global, and domestic. Fortunately, advanced technology and artificial intelligence (AI) have emerged as invaluable tools in the fight against malfeasance. By leveraging sophisticated algorithms, data analytics, and machine learning capabilities, combined […]
Crypto After the Crash: Strategies for Resolving Valuation and Tax Issues in Matrimonial and Other Litigation
Introduction The cryptocurrency market was down approximately 64% for the year 2022, with most of the decline occurring before the FTX collapse. For many, this news may bring a feeling of JOMO (Joy of Missing Out). For practitioners involved with cases involving crypto, however, it just further complicates an already complex subject matter. This article […]