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Follow on Google News | Negotiating Cyber Insurance WebinarFocus on worldwide best practices. March 1 at 11:00 AM EST, 2 hours.
By: Emerging and Frontier Markets Association 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. Speakers include: 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. Third-Party Liability · 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 · Extortion · Data loss and restoration Other topics · 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- End
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