News By Tag
News By Location
Negotiating Cyber Insurance Webinar
Focus on worldwide best practices. March 1 at 11:00 AM EST, 2 hours.
host a very special webinar: Negotiating Cyber Insurance, with a focus on worldwide best practices. The program will take place on March 1 at 11:00 AM EST and will last for 2 hours
Gary Brown, the conference organizer, notes that "Companies suffer an average of 17 malicious attacks and 12 sustained probes on a monthly basis. In fact there was a major attack from the Internet of Things during the week of November 6, 2016."
According to Gary Brown, " As data breach incidents and related cyber risks increase and gain publicity, and as government agencies become more actively involved in policing the corporate response, companies need to take a close look at the protections provided by cyber risk insurance policies."
The program will focus on the important terms and conditions of cyber policies that can have a significant impact on available coverage.
Stephen Raptis-(Manatt, Phelps & Phillips, LLP)
Steve Raptis has two decades of experience handling complex insurance claims on behalf of commercial policyholders.
Daniel Garrie- (Law & Forensics LLC) He is the editor in chief of the Journal of Law & Cyber Warfare, a fellow at the Ponemon Information Privacy Institute, and is on the Board of Advisors of several cybersecurity and technology start-ups.
Gamelah Palagonia (Willis Towers Watson) Gamelah is a Senior Vice President with over 25 years of risk management and insurance experience.
Jeffrey Batt (Marsh)
Topics covered include:
Policy territory-Does the policy cover operations outside of the US? What is the global impact of cyber attacks.
· Coverage such as privacy liability coverage. This includes liability to the insured's customers, clients and employees for breaches of their private information..
· Regulatory actions. There is substantial variance among cyber policies regarding what coverage they provide for regulatory and other governmental actions.
· Notification costs. There is an ever-increasing landscape of breach notification laws on a state-by-state basis. What control does the insurance company have over the notification process?
Other Third-Party topics
· Crisis management.
· Transmission of viruses/malicious code.
First-Party Coverage, such as
· Theft and fraud coverage
· Forensic investigation
· Network/business interruption
· Data loss and restoration
· What is the appropriate trigger language, and what defense does the insurance company have?
· What is the coverage for acts and omissions of third parties?
More information on the webinar is available at http://www.emerging-
Emerging and Frontier Markets Association