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January 27, 2023

ABA Banking Journal: "Staving off Tech Litigation With Smarter Contracts"

Charles Nerko, Cybersecurity Team co-leader, had his “Staving off Tech Litigation With Smarter Contracts” article published by the American Bankers Association's ABA Banking Journal. The article explores how banks can use airtight and comprehensive tech contracts to avoid legal claims and litigation resulting from a third-party vendor’s technology. Charles’s article provides a checklist that “can guide banks large and small through the negotiation and contract process to make sure the tech vendor is the responsible party when something goes wrong.”

In the article, Charles stresses the importance of banks having an experience attorney on their side to craft and review each agreement as well as evaluate potential claims when issues arise.

Click here to read Charles’s article. 

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