Cybersecurity y Managing g the Risks
|
|
- Alexina Montgomery
- 8 years ago
- Views:
Transcription
1 Cybersecurity y Managing g the Risks Presented by: Steven L. Caponi Jennifer Daniels Gregory F. Linsin 99 Cybersecurity The Risks Are Real Perpetrators are as varied as their goals Organized Crime: seeking money, credit card #s, personal info. Governments: infrastructure, banks, rail, energy transmission, etc. Espionage (govt./competitors): corporate plans and intellectual property Truly international Everyone is at Risk 1.11 billion records over last 9 years 200 substantial attacks per day 30% on companies with employees 25% attacks directed at senior management or board level 100 1
2 Cybersecurity The Risks Are Real Impact of Cybercrime Global Cybercrime costs to companies may reach $1T in 2013 U.S. businesses spending averages $8.9M annually Hard Cost of a Cyberattack Average loss was $5.5M Defending an attack averages $500,000 / TJX $12M Q Litigation A single case resulted in settlements exceeding $100M Substantial government fines Soft Costs of a Cyberattack 5% drop in stock price for publicly traded companies 17% - 31% drop in brand value 101 Corporate Fiduciary Duties Officers, Directors & Senior Management An affirmative obligation to manage and mitigate risk Response must be commensurate with the level of risk A breach will be noticed Litigation shareholders & customers The government, both state and federal You will be judged in hindsight The risk will be deemed significant Part of our popular culture - news, movies, TV. The repercussions will be known 102 2
3 Corporate Fiduciary Duties Oversight Liability Caremark Claim Duty to actively monitor corporate performance and risks Cannot abdicate this responsibility It's complicated so we left it to the IT department Unconsidered Failure of the Board to Act Breach of the duty of loyalty Not exculpated by a 102(b)(7) Equals personal liability No decision is worse than a bad decision 103 Corporate Fiduciary Duties Exercising Reasonable Oversight Step 1: Understand your company s risk profile How likely are you to be attacked vs. repercussions Step 2: Speak to your peers and experts How are they addressing the risk Reasonable person standard - safety in numbers Step 3: Adopt and Monitor Best Practices IT talent on the Board / Risk Committee Regular updates from management Comprehensive Incident Response Plan 104 3
4 Advanced Planning For An Attack Do you have the right response team? Combination of legal, IT / risk management, privacy, business, and PR Regular meetings before the incident occurs Speak a common language and know their respective roles Implement a firm chain of command Filtering concise information up to decision makers Clearly disseminating decisions down the chain of command Established Outside Relationships Outside counsel Technical advisors Government: SEC, Homeland Security, FBI, etc. 105 Advanced Planning For An Attack Vendor audits / Vendor Contracts Importance of security at all links in the chain Not just a check the box activity Consider vendor subcontractors Training Build a culture of awareness Review insurance coverage Participate in standard setting process Pay attention to government communications / notices 106 4
5 Do You Have Adequate Insurance? Coverage under commercial general liability policies Exclusions and limitations have been added Specialty cyber products vary significantly First party and third party risks Consider information in the care of third parties White House encouragement of formation of insurance market 107 Will you know a breach occurred? Internal scans or signs indicate breach Notification by ISP Employee report Government inquiry or notice Vendor notice Customer notice 108 5
6 Look to your incident response plan / activate response team Stop additional data loss Contain attack Take affected machines offline Determine what happened What data were compromised? Should forensic experts be engaged? How did it happen? Allow the attack to continue? Need to observe the flow of data 109 Preserve evidence do not power down Self-Help? Can you retrieve data? Hack back legal? Don t go from victim to perpetrator Decide whether to contact law enforcement Decide whether to engage outside counsel to run internal investigation 110 6
7 Framework of Internal Investigation What is the purpose of the investigation? Identify what happened? Determine whether notification or disclosure is required Respond to government? Should independent outside counsel be engaged? Develop facts under protection of privilege Independence confidence in results Is there a reasonable anticipation of litigation? Should counsel engage forensic experts? 111 Planning the Investigation: Determine corporate decision-maker for investigation Define scope and goals of investigation Establish procedures for internal coordination OGC, IT, HR Determine procedures for submitting interim findings and the final report Should report be written or oral? Evaluate need to interview vendor employees Upjohn warnings Securing information and data Preserve privilege and maintain confidentiality Common interest privilege 112 7
8 Manage media relations in conjunction with counsel Cooperation with government agencies and law enforcement State laws require notice to regulators of incidents, in some cases even if company determines no breach occurs. Whose side are regulators on? Federal government encourages sharing of information Responding to state AG inquiries Steps to avoid waiving privilege 113 Determine legal obligations Individual notice? Regulator notice? Media notice? Pay attention to timelines Identify contractual obligations Consider mitigation of harm Should individuals be notified in absence of legal obligation? Offer identity theft protection service? Warn your competitors? 114 8
9 Contact insurer Establish call center / public relations SEC disclosures Document everything Lessons learned
10 117 10
Cybersecurity. Shamoil T. Shipchandler Partner, Bracewell & Giuliani LLP 214.758.1048
Cybersecurity Shamoil T. Shipchandler Partner, Bracewell & Giuliani LLP 214.758.1048 Setting expectations Are you susceptible to a data breach? October 7, 2014 Setting expectations Victim Perpetrator
More informationTen Questions Your Board Should be asking about Cyber Security. Eric M. Wright, Shareholder
Ten Questions Your Board Should be asking about Cyber Security Eric M. Wright, Shareholder Eric Wright, CPA, CITP Started my career with Schneider Downs in 1983. Responsible for all IT audit and system
More informationCybersecurity for Nonprofits: How to Protect Your Organization's Data While Still Fulfilling Your Mission. June 25, 2015
Cybersecurity for Nonprofits: How to Protect Your Organization's Data While Still Fulfilling Your Mission June 25, 2015 1 Your Panelists Kenneth L. Chernof Partner, Litigation, Arnold & Porter LLP Nicholas
More informationClients Legal Needs in HIPAA Security Compliance
Clients Legal Needs in HIPAA Security Compliance Robyn A. Meinhardt, JD, RN FOLEY & LARDNER LLP 2004 Preserving Attorney-Client Privilege and Work Product Protections 1 Relevance to Security Compliance
More informationCyber Warfare. Global Economic Crime Survey. Causes of Cyber Attacks. David Childers, CEO Compli Vivek Krishnamurthy, Foley Hoag LLP. Why Cybercrime?
Cyber Warfare David Childers, CEO Compli Vivek Krishnamurthy, Foley Hoag LLP Global Economic Crime Survey Cyber crime is the fastest growing economic crime up more than 2300% since 2009 1 in 10 companies
More informationExercising Your Enterprise Cyber Response Crisis Management Capabilities
Exercising Your Enterprise Cyber Response Crisis Management Capabilities Ray Abide, PricewaterhouseCoopers, LLP 2015 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved.
More informationCyber Risks in the Boardroom
Cyber Risks in the Boardroom Managing Business, Legal and Reputational Risks Perspectives for Directors and Executive Officers Preparing Your Company to Identify, Mitigate and Respond to Risks in a Changing
More informationCybersecurity. Setting expectations. Are you susceptible to a data breach? Shamoil T. Shipchandler Partner, Bracewell & Giuliani LLP 214.758.
Cybersecurity Shamoil T. Shipchandler Partner, Bracewell & Giuliani LLP 214.758.1048 Setting expectations Are you susceptible to a data breach? 1 October 7, 2014 Setting expectations Victim Perpetrator
More informationMitigating and managing cyber risk: ten issues to consider
Mitigating and managing cyber risk: ten issues to consider The board of directors is responsible for managing and mitigating risk exposure. A recent study conducted by the Ponemon Institute 1 revealed
More informationCyber Risk Checklist: Compliance with Legal Obligations Grand Rapids Cyber Security Conference April 23, 2014
Cyber Risk Checklist: Compliance with Legal Obligations Grand Rapids Cyber Security Conference April 23, 2014 2014, Mika Meyers Beckett & Jones PLC All Rights Reserved Presented by: Jennifer A. Puplava
More informationIDENTIFYING AND RESPONDING TO DATA BREACHES
IDENTIFYING AND RESPONDING TO DATA BREACHES Michael P. Hindelang Honigman Miller Schwartz and Cohn LLP October 14, 2015 Merit Security Summit DATA SECURITY RISKS, THREATS & REAL WORLD EXAMPLES OVERVIEW
More informationPreventing And Dealing With Cyber Attacks And Data Breaches. Arnold & Porter LLP Lockheed Martin WMACCA February 12, 2014
Preventing And Dealing With Cyber Attacks And Data Breaches Arnold & Porter LLP Lockheed Martin WMACCA February 12, 2014 Charles A. Blanchard Arnold & Porter LLP Formerly General Counsel, U.S. Air Force
More informationCyber-Security Risk- IP Theft and Data Breaches Protecting your Crown Jewels Internally and with Your Key Third Parties
Cyber-Security Risk- IP Theft and Data Breaches Protecting your Crown Jewels Internally and with Your Key Third Parties Pamela Passman President and CEO Center for Responsible Enterprise And Trade (CREATe.org)
More informationIAPP Global Privacy Summit 2014 The SEC and Cybersecurity: What Every Publicly Traded Company Must Know
IAPP Global Privacy Summit 2014 The SEC and Cybersecurity: What Every Publicly Traded Company Must Know Moderator: Elaine Wolff, Partner Corporate Finance and Securities Practice, Jenner & Block Mary Ellen
More informationDelaware Cyber Security Workshop September 29, 2015. William R. Denny, Esquire Potter Anderson & Corroon LLP
Changing Legal Landscape in Cybersecurity: Implications for Business Delaware Cyber Security Workshop September 29, 2015 William R. Denny, Esquire Potter Anderson & Corroon LLP Agenda Growing Cyber Threats
More informationCyber Risks Connect With Directors and Officers
Cyber Risks Connect With Directors and Officers Implications of the New SEC Guidance on Cyber Security February 2012 Lockton Companies, LLC The Securities and Exchange Commission (SEC) has changed the
More information$194 per record lost* 3/15/2013. Global Economic Crime Survey. Data Breach Costs. David Childers, CEO Compli Vivek Krishnamurthy, Foley Hoag LLP
David Childers, CEO Compli Vivek Krishnamurthy, Foley Hoag LLP Global Economic Crime Survey Global Cyber Crime is the fastest growing economic crime Cyber Crime is more lucrative than trafficking drugs!
More informationCyber Risks Management. Nikos Georgopoulos, MBA, cyrm Cyber Risks Advisor
Cyber Risks Management Nikos Georgopoulos, MBA, cyrm Cyber Risks Advisor 1 Contents Corporate Assets Data Breach Costs Time from Earliest Evidence of Compromise to Discovery of Compromise The Data Protection
More informationCybersecurity: Protecting Your Business. March 11, 2015
Cybersecurity: Protecting Your Business March 11, 2015 Grant Thornton. All LLP. rights All reserved. rights reserved. Agenda Introductions Presenters Cybersecurity Cybersecurity Trends Cybersecurity Attacks
More informationCyber Risk: Global Warning? by Cinzia Altomare, Gen Re
Cyber Risk: Global Warning? by Cinzia Altomare, Gen Re Global Warning It is a matter of time before there is a major cyber attackon the global financial system and the public needs to invest heavily in
More informationThe Legal Pitfalls of Failing to Develop Secure Cloud Services
SESSION ID: CSV-R03 The Legal Pitfalls of Failing to Develop Secure Cloud Services Cristin Goodwin Senior Attorney, Trustworthy Computing & Regulatory Affairs Microsoft Corporation Edward McNicholas Global
More informationCyber Insurance Presentation
Cyber Insurance Presentation Presentation Outline Introduction General overview of Insurance About us Cyber loss statistics Cyber Insurance product coverage Loss examples Q & A About Us A- Rated reinsurance
More informationInsurance Considerations Related to Data Security and Breach in Outsourcing Agreements
Insurance Considerations Related to Data Security and Breach in Outsourcing Agreements Greater New York Chapter Association of Corporate Counsel November 19, 2015 Stephen D. Becker, Executive Vice President
More informationHacks, apps and espionage - how protected are you against cyber crime? Top 10 Legal Need-to-Knows
Hacks, apps and espionage - how protected are you against cyber crime? Top 10 Legal Need-to-Knows 24 February 2015 Callum Sinclair Faith Jayne Agenda Top 10 legal need-to-knows, including: What is cyber
More informationMANAGING Cybersecurity Risk AND DISCLOSURE OBLIGATIONS
MANAGING Cybersecurity Risk AND DISCLOSURE OBLIGATIONS RRD Donnelley SEC Hot Topics Institute May 21, 2014 1 MANAGING CYBERSECURITY RISK AND DISCLOSURE OBLIGATIONS Patrick J. Schultheis Partner Wilson
More informationHealth Care Data Breach Discovery Strategies for Immediate Response
Health Care Data Breach Discovery Strategies for Immediate Response March 27, 2014 Pillsbury Winthrop Shaw Pittman LLP Faculty Gerry Hinkley Partner Pillsbury Winthrop Shaw Pittman LLP Sarah Flanagan Partner
More informationRogers Insurance Client Presentation
Rogers Insurance Client Presentation Network Security and Privacy Breach Insurance Presented by Matthew Davies Director Professional, Media & Cyber Liability Chubb Insurance Company of Canada mdavies@chubb.com
More informationData Privacy & Security: Essential Questions Every Business Must Ask
Data Privacy & Security: Essential Questions Every Business Must Ask Presented by: Riddell Williams P.S. Riddell Williams P.S. May 6, 2015 #4841-4703-9779 Innocent? 2 Overview 3 basic questions every business
More informationHow To Protect Your Data From Hackers
Cyber Risk: What you need to know and what you can t afford to ignore! James Johnston Directors' and Officers' Insurance Underwriter Daniel Fletcher Cyber Insurance Underwriter Financial & Specialty Markets
More informationJOINT EXPLANATORY STATEMENT TO ACCOMPANY THE CYBERSECURITY ACT OF 2015
JOINT EXPLANATORY STATEMENT TO ACCOMPANY THE CYBERSECURITY ACT OF 2015 The following consists of the joint explanatory statement to accompany the Cybersecurity Act of 2015. This joint explanatory statement
More informationData Breaches and Trade Secrets: What to Do When Your Client Gets Hacked
Data Breaches and Trade Secrets: What to Do When Your Client Gets Hacked R. Mark Halligan, FisherBroyles, LLP Andreas Kaltsounis, Stroz Friedberg Amy L. Carlson, Stoel Rives LLP Moderated by David A. Bateman,
More informationTODAY S AGENDA. Trends/Victimology. Incident Response. Remediation. Disclosures
TODAY S AGENDA Trends/Victimology Incident Response Remediation Disclosures Trends/Victimology ADVERSARY CLASSIFICATIONS SOCIAL ENGINEERING DATA SOURCES COVERT INDICATORS - METADATA METADATA data providing
More informationCyber-insurance: Understanding Your Risks
Cyber-insurance: Understanding Your Risks Cyber-insurance represents a complete paradigm shift. The assessment of real risks becomes a critical part of the analysis. This article will seek to provide some
More informationCyber Security Risk Management
Cyber Security Risk Management For November 6, 2014 Jim Halpert Co-Chair Global Privacy & Security Practice jim.halpert@dlapiper.com Trends Point of Sale Attacks Malware Skimming Industrial Control Systems
More informationCybersecurity and Insurance Companies
Cybersecurity and Insurance Companies ACLI Forum 500 CEO Leadership Retreat Timothy J. Nagle Vice President & Chief Privacy Counsel Prudential Financial 1 May 13, 2015 What is cybersecurity? Protecting
More informationInsulate Your Company from a Cyber Breach: Proactive Steps to Minimize Breach Risks & Impact. February 10, 2015
Insulate Your Company from a Cyber Breach: Proactive Steps to Minimize Breach Risks & Impact February 10, 2015 Overview 1 The Legal Risks And Issues/The Role Of Legal Counsel: The Breach Coach The Slippery
More informationProfessional Solutions Insurance Company. Business Associate Agreement re HIPAA Rules
Professional Solutions Insurance Company Business Associate Agreement re HIPAA Rules I. Purpose of Agreement This Agreement reflects Professional Solutions Insurance Company s agreement to comply with
More informationDATA BREACH BREAK DOWN LESSONS LEARNED FROM TARGET
DATA BREACH BREAK DOWN LESSONS LEARNED FROM TARGET 2014 NSGA Management Conference John Webb Jr., CIC Emery & Webb, Inc. Inga Goddijn, CIPP/US Risk Based Security, Inc. Not just a big business problem
More informationLogging In: Auditing Cybersecurity in an Unsecure World
About This Course Logging In: Auditing Cybersecurity in an Unsecure World Course Description $5.4 million that s the average cost of a data breach to a U.S.-based company. It s no surprise, then, that
More informationPanel Title: Data Breaches: Industry and Law Enforcement Perspectives on Best Practices
Panel Title: Data Breaches: Industry and Law Enforcement Perspectives on Best Practices Over the course of this one hour presentation, panelists will cover the following subject areas, providing answers
More informationGALLAGHER CYBER LIABILITY PRACTICE. Tailored Solutions for Cyber Liability and Professional Liability
GALLAGHER CYBER LIABILITY PRACTICE Tailored Solutions for Cyber Liability and Professional Liability Are you exposed to cyber risk? Like nearly every other business, you have probably capitalized on the
More informationJoe A. Ramirez Catherine Crane
RIMS/RMAFP PRESENTATION Joe A. Ramirez Catherine Crane RISK TRANSFER VIA INSURANCE Most Common Method Involves Assessment of Risk and Loss Potential Risk of Loss Transferred For a Premium Insurance Contract
More informationWhite Paper on Financial Institution Vendor Management
White Paper on Financial Institution Vendor Management Virtually every organization in the modern economy relies to some extent on third-party vendors that facilitate business operations in a wide variety
More informationThe Evolution of Data Breaches
The Evolution of Data Breaches 2015 Data Privacy & Security Summit June 29, 2015 Mark Shelhart Incident Response & Forensics Retail Data Security recent victims The Largest Cyber Risks to your Organization
More informationSINGAPORE HEALTHCARE ENTERPRISE RISK MANAGEMENT CONGRESS 2014 - Data Breach : The Emerging Threat to Healthcare Industry
SINGAPORE HEALTHCARE ENTERPRISE RISK MANAGEMENT CONGRESS 2014 - Data Breach : The Emerging Threat to Healthcare Industry DATA BREACH A FICTIONAL CASE STUDY THE FIRST SIGNS OF TROUBLE Friday, 5.20 pm :
More informationWorking with the FBI
Working with the FBI WMACCA Data Privacy & Security Conference September 17, 2014 Individuals Organized Crime Syndicates Hacktivist Groups Nation States Nation-States Individuals Industry Law Enforcement
More informationHit ratios are still very low for Security & Privacy coverage: What are companies waiting for?
Hit ratios are still very low for Security & Privacy coverage: What are companies waiting for? Authored by Neeraj Sahni and Tim Stapleton Neeraj Sahni is Director, Insurance Channel at Kroll Cyber Investigations
More informationTHE DIGITAL AGE THE DEFINITIVE CYBERSECURITY GUIDE FOR DIRECTORS AND OFFICERS
THE DIGITAL AGE THE DEFINITIVE CYBERSECURITY GUIDE FOR DIRECTORS AND OFFICERS Download the entire guide and follow the conversation at SecurityRoundtable.org Investment in cyber insurance Lockton Companies
More informationPosted by David A. Katz, Wachtell, Lipton, Rosen & Katz, on Sunday December 16, 2012 at 10:20 am
1 of 7 5/8/2014 7:34 PM Posted by David A. Katz, Wachtell, Lipton, Rosen & Katz, on Sunday December 16, 2012 at 10:20 am Editor s Note: David A. Katz is a partner at Wachtell, Lipton, Rosen & Katz specializing
More informationRISKY BUSINESS SEMINAR CYBER LIABILITY DISCUSSION
RISKY BUSINESS SEMINAR CYBER LIABILITY DISCUSSION October 23, 2015 THREAT ENVIRONMENT Growing incentive for insiders to abuse access to sensitive data for financial gain Disgruntled current and former
More informationSMB Data Breach Risk Management Best Practices. By Mark Pribish February 19, 2015
SMB Data Breach Risk Management Best Practices By Mark Pribish February 19, 2015 Presentation Agenda About Mark Pribish Information Governance The Threat Landscape Data Breach Trends Legislative and Regulatory
More informationCyber Risk, Legal And Regulatory Issues, And Insurance Mitigation ISACA Pittsburgh Information Security Awareness Day
Lloyd s of London (Reuters) May 8, 2000 Cyber Risk, Legal And Regulatory Issues, And Insurance Mitigation ISACA Pittsburgh Information Security Awareness Day Rivers Casino, Pittsburgh November 17, 2014
More informationImplementing Electronic Medical Records (EMR): Mitigate Security Risks and Create Peace of Mind
Page1 Implementing Electronic Medical Records (EMR): Mitigate Security Risks and Create Peace of Mind The use of electronic medical records (EMRs) to maintain patient information is encouraged today and
More informationInhouse Masterclass: Data Developments - Cyber Security & the Right to be Forgotten. MHC.ie
Inhouse Masterclass: Data Developments - Cyber Security & the Right to be Forgotten MHC.ie Rewriting the Past Oisin Tobin otobin@mhc.ie Agenda 1. Background 2. Findings and impact: a) Jurisdiction b) A
More informationBy: Gerald Gagne. Community Bank Auditors Group Cybersecurity What you need to do now. June 9, 2015
Community Bank Auditors Group Cybersecurity What you need to do now June 9, 2015 By: Gerald Gagne MEMBER OF PKF NORTH AMERICA, AN ASSOCIATION OF LEGALLY INDEPENDENT FIRMS 2015 Wolf & Company, P.C. Cybersecurity
More informationPrepare for the Worst: Best Practices for Responding to Cybersecurity Breaches Trivalent Solutions Expo June 19, 2014
Prepare for the Worst: Best Practices for Responding to Cybersecurity Breaches Trivalent Solutions Expo June 19, 2014 2014, Mika Meyers Beckett & Jones PLC All Rights Reserved Presented by: Jennifer A.
More informationWhat Data? I m A Trucking Company!
What Data? I m A Trucking Company! Presented by: Marc C. Tucker 434 Fayetteville Street, Suite 2800 Raleigh, NC, 27601 919.755.8713 marc.tucker@smithmoorelaw.com Presented by: Rob D. Moseley, Jr. 2 West
More informationTHE CHANGING FACE OF CYBERCRIME AND WHAT IT MEANS FOR BANKS
THE CHANGING FACE OF CYBERCRIME AND WHAT IT MEANS FOR BANKS David Glockner, Managing Director strozfriedberg.com Overview The big picture: what does cybercrime look like today and how is it evolving? What
More informationDiscussion on Network Security & Privacy Liability Exposures and Insurance
Discussion on Network Security & Privacy Liability Exposures and Insurance Presented By: Kevin Violette Errors & Omissions Senior Broker, R.T. Specialty, LLC February, 25 2014 HFMA Washington-Alaska Chapter
More informationIIA/ISACA Bermuda 2014 Annual Conference Cyber Security. Legal Considerations of Cyber Security For Bermuda Based Organizations
IIA/ISACA Bermuda 2014 Annual Conference Cyber Security Legal Considerations of Cyber Security For Bermuda Based Organizations KPMG Bermuda Crown House Par-la-Ville Road Hamilton, Bermuda October 3 rd,
More informationBest Practices in Incident Response. SF ISACA April 1 st 2009. Kieran Norton, Senior Manager Deloitte & Touch LLP
Best Practices in Incident Response SF ISACA April 1 st 2009 Kieran Norton, Senior Manager Deloitte & Touch LLP Current Landscape What Large scale breaches and losses involving credit card data and PII
More informationTHE NEW REALITY OF RISK CYBER RISK: TRENDS AND SOLUTIONS
THE NEW REALITY OF RISK CYBER RISK: TRENDS AND SOLUTIONS Read the Marsh Risk Management Research Briefing: Cyber Risks Extend Beyond Data and Privacy Exposures To access the report, visit www.marsh.com.
More informationSharing Cybersecurity Threat Info With the Government -- Should You Be Afraid To Do So?
Sharing Cybersecurity Threat Info With the Government -- Should You Be Afraid To Do So? Bruce Heiman K&L Gates September 10, 2015 Bruce.Heiman@klgates.com (202) 661-3935 Why share information? Prevention
More informationDON T BE A VICTIM! IS YOUR ORGANIZATION PROTECTED FROM CYBERSECURITY THREATS?
HEALTH WEALTH CAREER DON T BE A VICTIM! IS YOUR ORGANIZATION PROTECTED FROM CYBERSECURITY THREATS? FREEMAN WOOD HEAD OF MERCER SENTINEL NORTH AMERICA GREGG SOMMER HEAD OF OPERATIONAL RISK ASSESSMENTS MERCER
More informationCYBERSECURITY: Is Your Business Ready?
CYBERSECURITY: Is Your Business Ready? Cybersecurity: Is your business ready? Cyber risk is just like any other corporate risk and it must be managed from the top. An organization will spend time monitoring
More informationAnatomy of a Hotel Breach
Page 1 of 6 Anatomy of a Hotel Breach Written by Sandy B. Garfinkel Monday, 09 June 2014 15:22 Like 0 Tweet 0 0 Data breach incidents have dominated the news in 2014, and they are only becoming more frequent
More informationSecurity & Compliance, Sikich LLP
Mark Shelhart, CFI, CISSP, QSA Security & Compliance, Sikich LLP 1. Credit card breaches 2. Disgruntled IT, bad leaver 3. Personal records breach 4. Vendor network connections (and contracts) 5. Everything
More informationDATA BREACH RESPONSE READINESS Is Your Organization Prepared?
March 30, 2015 DATA BREACH RESPONSE READINESS Is Your Organization Prepared? Peter Sloan Pete Enko Jeff Jensen Deborah Juhnke The data security imperatives of Prevention, Detection, and Response do not
More informationOctober 24, 2014. Mitigating Legal and Business Risks of Cyber Breaches
October 24, 2014 Mitigating Legal and Business Risks of Cyber Breaches AGENDA Introductions Cyber Threat Landscape Cyber Risk Mitigation Strategies 1 Introductions 2 Introductions To Be Confirmed Title
More informationPACB One-Day Cybersecurity Workshop
PACB One-Day Cybersecurity Workshop WHAT IS CYBERSECURITY? PRESENTED BY: JON WALDMAN, SBS CISA, CRISC 1 Contact Information Jon Waldman Partner, Senior IS Consultant CISA, CRISC Masters of Info Assurance
More information3/4/2015. Scope of Problem. Data Breaches A Daily Phenomenon. Cybersecurity: Minimizing Risk & Responding to Breaches. Anthem.
Cybersecurity: Minimizing Risk & Responding to Breaches March 5, 2015 Andy Chambers Michael Kelly Jimmie Pursell Scope of Problem Data Breaches A Daily Phenomenon Anthem JP Morgan / Chase Sony Home Depot
More informationComparison of Information Sharing, Monitoring and Countermeasures Provisions in the Cybersecurity Bills
April 4, 2012 Comparison of Information Sharing, Monitoring and Countermeasures Provisions in the Cybersecurity Bills The chart below compares on civil liberties grounds four bills that seek to promote
More informationBest Practices for a Healthcare Data Breach: What You Don t Know Will Cost You
Best Practices for a Healthcare Data Breach: What You Don t Know Will Cost You By: Emilio Cividanes, Venable LLP Partner and Co-Chair Regulatory Practice Group Paul Luehr, Stroz Friedberg Managing Director
More informationData Privacy and Cybersecurity Task Force
Data Privacy and Cybersecurity Task Force key contact Josephine Cicchetti Shareholder T: 202.965.8162 F: 202.965.8104 email We provide clients across industries with comprehensive counsel on complex, evolving,
More informationIssue #5 July 9, 2015
Issue #5 July 9, 2015 Breach Response Plans by Lyndsay A. Wasser, CIPP/C, Co-Chair Privacy Privacy breaches can occur despite an organization s best efforts to prevent them. When such incidents arise,
More informationCYBERSECURITY INVESTIGATIONS
CYBERSECURITY INVESTIGATIONS Planning & Best Practices May 4, 2016 Lanny Morrow, EnCE Managing Consultant lmorrow@bkd.com Cy Sturdivant, CISA Managing Consultant csturdivant@bkd.com Michal Ploskonka, CPA
More informationCybercrime: Protecting Your Digital Assets in Today's Threat Landscape
Cybercrime: Protecting Your Digital Assets in Today's Threat Landscape Presented by Rachel Ratcliff OM03 Saturday, 10/5/2013 9:30 AM - 10:45 AM Cybercrime: Protecting Your Digital Assets in Today s Threat
More informationWorking with the Federal Government on Cybersecurity
O B S I D I A N C Y B E R S E C U R I T Y O C C A S I O N A L P A P E R Working with the Federal Government on Cybersecurity Preparation is Key to Success December 5, 2013 Table of Contents CONSIDER THIS...
More informationHeather L. Hughes, J.D. HIPAA Privacy Officer U.S. Legal Support, Inc. hhughes@uslegalsupport.com www.uslegalsupport.com
Heather L. Hughes, J.D. HIPAA Privacy Officer U.S. Legal Support, Inc. hhughes@uslegalsupport.com www.uslegalsupport.com HIPAA Privacy Rule Sets standards for confidentiality and privacy of individually
More informationAnatomy of a Privacy and Data Breach
Anatomy of a Privacy and Data Breach Understanding the Risk and Managing a Crisis Adam Kardash: Partner, Heenan Blaikie LLP Robert Parisi: Senior Vice President, Marsh Leadership, Knowledge, Solutions
More informationCYBER BRIEF A SEMI-ANNUAL PUBLICATION FROM YOUR WNA FINEX CLAIM & LEGAL GROUP
www.willis.com CYBER BRIEF A SEMI-ANNUAL PUBLICATION FROM YOUR WNA FINEX CLAIM & LEGAL GROUP INSIDE THIS EDITION... CYBER CLAIMS LANDSCAPE A SAMPLING OF LARGE CYBER SETTLEMENTS LEGAL SPOTLIGHT, PRIVILEGE
More informationLessons Learned from Recent HIPAA and Big Data Breaches. Briar Andresen Katie Ilten Ann Ladd
Lessons Learned from Recent HIPAA and Big Data Breaches Briar Andresen Katie Ilten Ann Ladd Recent health care breaches Breach reports to OCR as of February 2015 1,144 breaches involving 500 or more individual
More informationIs Your Financial Institutions' Insurance Policy vulnerable to a cyber claim? Joan D Ambrosio, James Cooper and Kim West 22 January 2014
Is Your Financial Institutions' Insurance Policy vulnerable to a cyber claim? Joan D Ambrosio, James Cooper and Kim West 22 January 2014 Cyber Exposures Joan D Ambrosio Reported data breaches continue
More informationwww.pwc.com The data breach lifecycle: From prevention to response IAPP global privacy summit March 6, 2014 (4:30-5:30) Draft v8 2-25-14
www.pwc.com The data breach lifecycle: From prevention to response IAPP global privacy summit (4:30-5:30) Draft v8 2-25-14 Common Myths 1. You have not been hacked. 2. Cyber security is about keeping the
More informationwww.bonddickinson.com Cyber Risks October 2014 2
www.bonddickinson.com Cyber Risks October 2014 2 Why this emerging sector matters Justin Tivey Legal Director T: +44(0)845 415 8128 E: justin.tivey The government estimates that the current cost of cyber-crime
More informationCYBER SECURITY SPECIALREPORT
CYBER SECURITY SPECIALREPORT 32 The RMA Journal February 2015 Copyright 2015 by RMA INSURANCE IS AN IMPORTANT TOOL IN CYBER RISK MITIGATION Shutterstock, Inc. The time to prepare for a potential cyber
More informationWhat is Management Responsible For?
What is Management Responsible For? Matthew J. Putvinski, CPA, CISA, CISSP MEMBER OF PKF NORTH AMERICA, AN ASSOCIATION OF LEGALLY INDEPENDENT FIRMS 2011 Wolf & Company, P.C. About Wolf & Company, P.C Regional
More informationLaw Firm Cyber Security & Compliance Risks
ALA WEBINAR Law Firm Cyber Security & Compliance Risks James Harrison CEO, INVISUS Breach Risks & Trends 27.5% increase in breaches in 2014 (ITRC) Over 500 million personal records lost or stolen in 2014
More informationPresentation to ACC Charlotte. Data Security & Privacy. November 2, 2011. Presented by: William J. Cook C. Andrew Konia Mark J.
Presentation to ACC Charlotte Data Security & Privacy Presented by: November 2, 2011 William J. Cook C. Andrew Konia Mark J. Maier www.mcguirewoods.com Agenda Identifying the Issues/Concerns Current State/Impact
More informationBrief. The BakerHostetler Data Security Incident Response Report 2015
Brief The BakerHostetler Data Security Incident Response Report 2015 The rate of disclosures of security incidents in 2015 continues at a pace that caused many to call 2013 and then 2014 the year of the
More informationData Security Breach. How to Respond
Data Security Breach How to Respond About ERM About The Speaker Information Security Director at ERM CISSP, CISA, CRISC, PCIP, PCI-QSA Core Experience: Information Assurance Computer Forensics Penetration
More informationU. S. Attorney Office Northern District of Texas March 2013
U. S. Attorney Office Northern District of Texas March 2013 What Is Cybercrime? Hacking DDOS attacks Domain name hijacking Malware Other computer related offenses, i.e. computer and internet used to facilitate
More informationCybersecurity and Data Breach: Mitigating Risk and How Government Policymakers Approach These Critical Issues
Cybersecurity and Data Breach: Mitigating Risk and How Government Policymakers Approach These Critical Issues Todd Bertoson Daniel Gibb Erin Sheppard Principal Senior Managing Associate Counsel todd.bertoson@dentons.com
More informationISO? ISO? ISO? LTD ISO?
Property NetProtect 360 SM and NetProtect Essential SM Which one is right for your client? Do your clients Use e-mail? Rely on networks, computers and electronic data to conduct business? Browse the Internet
More informationHot Topics and Trends in Cyber Security and Privacy
Hot Topics and Trends in Cyber Security and Privacy M. Darren Traub March 13, 2015 Cyber Attacks Ranked Top 5 Most Likely Risks in 2015 - The World Economic Forum Recent Global Headlines Include: 1 Where
More informationInsurance for Data Breaches in the Hospitality Industry
The Academy of Hospitality Industry Attorneys The Pl Palmer House Hilton Chicago, IL April 25, 2014 Insurance for Data Breaches in the Hospitality Industry Presenters: David P. Bender, Jr. dbender@andersonkill.com
More informationThe Top Ten Cybersecurity Considerations To Take To Your Management
The Top Ten Cybersecurity Considerations To Take To Your Management Presented at the ISSA Mid-Atlantic Security Conference September 1, 2015 Presented by: Randy V. Sabett, J.D., CISSP Vice Chair, Privacy
More informationDATA SECURITY: A CRUCIAL TOPIC FOR CORPORATE COUNSEL AND MANAGEMENT
Advisor Article DATA SECURITY: A CRUCIAL TOPIC FOR CORPORATE COUNSEL AND MANAGEMENT By James R. Carroll, David S. Clancy and Christopher G. Clark* Skadden, Arps, Slate, Meagher & Flom Customer data security
More informationMiddle Class Economics: Cybersecurity Updated August 7, 2015
Middle Class Economics: Cybersecurity Updated August 7, 2015 The President's 2016 Budget is designed to bring middle class economics into the 21st Century. This Budget shows what we can do if we invest
More informationCyber Security Issues - Brief Business Report
Cyber Security: Are You Prepared? This briefing provides a high-level overview of the cyber security issues that businesses should be aware of. You should talk to a lawyer and an IT specialist for a complete
More information