Legal and security teams each play a crucial role in cybersecurity and data protection, but working together to understand the most pressing threats and shifting regulatory landscape can be challenging. In this second article of our two-part series covering a recent panel at Practising Law Institute’s Sixteenth Annual Institute on Privacy and Data Security Law, Lisa J. Sotto, managing partner of Hunton & Williams’ New York office and chair of the firm’s global privacy and cybersecurity practice, and Vincent Liu, a security expert and partner at security consulting firm Bishop Fox, give advice on how to prepare for and respond to a cyber incident and how security and legal teams can effectively work together throughout the process. The first article in this series discussed the current cyber threat landscape and the relevant laws and rules.