Cybersecurity and privacy issues have catapulted to the forefront of current hot-button legal topics, and companies are taking steps to prevent breaches and satisfy regulators, panelists said at a recent conference hosted by Georgetown Law’s Cybersecurity Law Institute.  The moderator and panelists come to cybersecurity and data privacy with different perspectives – plaintiffs’ counsel from Edelson PC; principal for reliability and cybersecurity for Southern California Edison; in-house counsel at IT company CACI International; and defense counsel from Alston & Bird.  In a panel examining emerging law on corporate cyber liability, they shared their insights on the sources of liability for companies, best practices when collecting personal data, the compliance lessons from government enforcement actions, as well as from shareholder derivative suits and class actions that have followed breaches.  Part two of this article series will cover their considerations for settling cybersecurity liability cases.