
Scott Murphy
About
Scott Murphy is a seasoned attorney with over 20 years of expertise in corporate law, financial services law, data privacy, and cybersecurity. His expertise includes developing comprehensive compliance programs that ensure alignment with complex federal and state regulations, particularly in financial services, data security and privacy law. Scott is highly adept at advising on corporate transactions, structuring vendor agreements, and managing risk within financial services and technology-driven environments. Scott provides an “in-house counsel” experience to clients by understanding their business objectives and helping them manage the risks they may encounter. Scott focuses much of his practice on startups and small-medium sized businesses. Scott is also focused on advising Fintech and Insurtech clients. Scott also offers Fractional General Counsel services to select clients.
Scott’s ability to create and lead data privacy programs has significantly reduced risk and improved audit outcomes in various organizations. His expertise extends to navigating the intricacies of regulatory frameworks such as the CCPA and other states’ privacy requirements, GDPR, GLBA, and NYDFS Cybersecurity Rule, making him a trusted advisor on issues related to digital platforms, privacy, and security. Scott has also earned the Certified Information Privacy Professional (CIPP/US) designation.
With a strong background in corporate law, including advanced contract drafting and negotiation, Scott is proficient in ensuring that legal risks and requirements are strategically aligned with organizational goals. His approach is always client-focused, aiming to instill a culture of regulatory excellence while balancing legal requirements with business needs.
Career Highlights
- Established the first data privacy program at Home Point Financial Corporation under the NIST privacy framework, ensuring compliance with key federal and state requirements. Provided legal support for Home Point’s investments in various partner Fintechs.
- Advised Wells Fargo senior management on legal issues concerning mortgage lending, digital platforms, and multifaceted privacy and data security issues. Supported the bank’s technology incubator and related partnerships.
- Developed and implemented client-centric privacy policies and data security programs from the ground up at Springleaf Finance, Inc.
Associations
- The International Association of Privacy Professionals (CIPP/US Certification)
- Technology Association of Iowa (AI Roundtable, Data Governance Roundtable, Legal Roundtable)
Practice Areas
Admitted Jurisdictions
- Iowa
- Minnesota
Education
- Juris Doctor (JD), University of North Dakota School of Law
- Master of Business Administration (MBA), Accounting, University of St. Thomas College of Business
- Bachelor of Arts (BA), magna cum laude, University of North Dakota
- Google Cybersecurity Professional Program
- Microsoft Cybersecurity Analyst Program
Languages
- English