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ARTICLE · 12 AUGUST 2024

Cybersecurity In International Arbitration: On The Road Towards Green Flags

Schoenherr (Schönherr Rechtsanwälte)
Schoenherr (Schönherr Rechtsanwälte)
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Schoenherr (Schönherr Rechtsanwälte)

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Cybersecurity matters. In a technology-driven society, cybersecurity serves to protect all categories of digital data from theft, misuse and damage.

European UnionTechnology

Cybersecurity matters. In a technology-driven society, cybersecurity serves to protect all categories of digital data from theft, misuse and damage. Its importance for individuals, organisations and businesses, especially those operating with sensitive data, is on the rise as cyberattacks become more frequent and sophisticated.

International arbitration is not immune from cyberattacks. This is because arbitration proceedings usually involve a vast amount of sensitive data, trade secrets and privileged documents that are stored digitally these days. Arbitrators, administrative bodies and lawyers must keep these digital records confidential when the parties want to keep them out of the public eye. If they fall into the wrong hands, the impact may be troublesome.

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