Are cybersecurity concerns keeping you up at night? Join Paige Boshell and Amy Leopard who lead our Privacy and Information Security Team for a discussion on developing and updating your cybersecurity plan, incorporating industry standards and regulatory guidance from the Financial Institution and Healthcare industries.
Government Technology & Services Coalition & InfraGard NCR's Program: Cyber Security: Securing the Federal Cyber Domain by Strengthening Public-Private Partnership
Presentation: Cybersecurity for Government Contractors
Presenter: Robert Nichols, Partner, Covington & Burling LLP
New York Department of Financial Services Cybersecurity RegulationsShawn Tuma
Getting in Shape – NYDFS Cyber Security Regulations Webinar
Presenters: Shawn Tuma, Cybersecurity & Data Protection Attorney, Scheef & Stone LLP | Bill Belcher, VP Americas, Boldon James In an initiative to protect New York’s financial services industry, a new State regulation has been introduced to protect consumers and financial institutions from cyber-attacks. Effective March 1, 2017, this risk-driven regulation requires all financial services institutions regulated by the Department of Financial Services (DFS) to establish and maintain a cyber security program that will protect both customers’ private data and the technology that supports this. The impact stretches down through the supply chain, as any organization that conducts business with the NYC financial services sector has to adopt the same level of data protection.
Watch this webcast to learn:
The key requirements of the NYC Cyber security regulation
How compliance is about process first, then people and technology
What organizations need to be doing to ensure they comply
How data classification can help ensure compliance
NYDFS Cybersecurity Regulations (23 NYCRR 500) New York is one of the biggest financial hubs in the world; as you can imagine where there is sensitive financial information, there are people who want to get their hands on it. It is for this reason major financial firms operating in New York will face stiff cyber security obligations under the new New York Department of Financial Services Cybersecurity Regulations (23 NYCRR 500). This regulation will apply to firms holding a banking, insurance or financial services licence to operate in New York. 23 NYCRR 500 has been effective as of March 1st 2017, although firms have 180 days from this introduction date to change internal systems in order to meet new compliance and regulation standards. This fact sheet outlines:
23 NYCRR 500 overview
Key dates for covered entities
Key tasks for compliance
How Boldon James can help
Please complete the adjoining form to request it.
Presentation: The New NYDFS Cybersecurity Regulations: What They Require. What They Mean for Your Company and Your Vendor Supply Chain (To Be Updated Based
This presentation examines to what extent that cyber-insurance can be a useful tool to manage the risks and harms caused by massive cyber-attacks from the national as opposed to enterprise standpoint,
This document discusses trends in government suspension and debarment actions. It notes that while federal procurement spending has declined in recent years, government enforcement actions like False Claims Act recoveries have increased. Suspension and debarment actions by the federal government have also sharply risen over the past few years, with a 260% increase in actions between 2009-2013 according to one report. The document examines factors driving this rise, like increased congressional and agency attention on suspension and debarment programs. It also profiles improvements to the suspension and debarment program at the Department of Homeland Security as one example.
Business Security Check Reducing Risks Your Computer Systems- Mark - Fullbright
All product and company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
Government Technology & Services Coalition & InfraGard NCR's Program: Cyber Security: Securing the Federal Cyber Domain by Strengthening Public-Private Partnership
Presentation: Cybersecurity for Government Contractors
Presenter: Robert Nichols, Partner, Covington & Burling LLP
New York Department of Financial Services Cybersecurity RegulationsShawn Tuma
Getting in Shape – NYDFS Cyber Security Regulations Webinar
Presenters: Shawn Tuma, Cybersecurity & Data Protection Attorney, Scheef & Stone LLP | Bill Belcher, VP Americas, Boldon James In an initiative to protect New York’s financial services industry, a new State regulation has been introduced to protect consumers and financial institutions from cyber-attacks. Effective March 1, 2017, this risk-driven regulation requires all financial services institutions regulated by the Department of Financial Services (DFS) to establish and maintain a cyber security program that will protect both customers’ private data and the technology that supports this. The impact stretches down through the supply chain, as any organization that conducts business with the NYC financial services sector has to adopt the same level of data protection.
Watch this webcast to learn:
The key requirements of the NYC Cyber security regulation
How compliance is about process first, then people and technology
What organizations need to be doing to ensure they comply
How data classification can help ensure compliance
NYDFS Cybersecurity Regulations (23 NYCRR 500) New York is one of the biggest financial hubs in the world; as you can imagine where there is sensitive financial information, there are people who want to get their hands on it. It is for this reason major financial firms operating in New York will face stiff cyber security obligations under the new New York Department of Financial Services Cybersecurity Regulations (23 NYCRR 500). This regulation will apply to firms holding a banking, insurance or financial services licence to operate in New York. 23 NYCRR 500 has been effective as of March 1st 2017, although firms have 180 days from this introduction date to change internal systems in order to meet new compliance and regulation standards. This fact sheet outlines:
23 NYCRR 500 overview
Key dates for covered entities
Key tasks for compliance
How Boldon James can help
Please complete the adjoining form to request it.
Presentation: The New NYDFS Cybersecurity Regulations: What They Require. What They Mean for Your Company and Your Vendor Supply Chain (To Be Updated Based
This presentation examines to what extent that cyber-insurance can be a useful tool to manage the risks and harms caused by massive cyber-attacks from the national as opposed to enterprise standpoint,
This document discusses trends in government suspension and debarment actions. It notes that while federal procurement spending has declined in recent years, government enforcement actions like False Claims Act recoveries have increased. Suspension and debarment actions by the federal government have also sharply risen over the past few years, with a 260% increase in actions between 2009-2013 according to one report. The document examines factors driving this rise, like increased congressional and agency attention on suspension and debarment programs. It also profiles improvements to the suspension and debarment program at the Department of Homeland Security as one example.
Business Security Check Reducing Risks Your Computer Systems- Mark - Fullbright
All product and company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
The Science and Art of Cyber Incident Response (with Case Studies)Kroll
In this joint presentation for the ISSA-LA Summit X in Los Angeles, Jennifer Rathburn, a cybersecurity and data privacy law expert at Foley & Lardner LLP and William Dixon, Associate Managing Director in Kroll's Cyber Risk practice, highlight three incident response scenarios and tips on breach preparation and response.
To learn more, contact Jennifer or William at:
Jennifer Rathburn, Foley & Lardner LLP
jrathburn@foley.com; 414-297-5864
William Dixon, Kroll, a Division of Duff & Phelps
william.dixon@kroll.com; 213-247-3973
Data Confidentiality, Security and Recent Changes to the ABA Model Rulessaurnou
Continuing legal education (CLE) presentation regarding data confidentiality, information security, computer forensics and legal ethics in light of technology-related changes made to the American Bar Association's Model Rules of Professional Conduct.
This document discusses cyber risks and cyber liability insurance. It summarizes that many major companies have experienced data breaches in recent years. It outlines common cyber risks like computer intrusions, loss of physical devices, and social media issues. It recommends basic loss control techniques and identifies what cyber liability insurance can cover, such as first and third party losses from network security breaches, privacy breaches, and internet media liability. Coverage limits start at $100,000 with premiums as low as $250.
This document summarizes a presentation on cybersecurity risk governance. It discusses the high degree of risk boards face from cyber attacks, noting a large increase in ransomware attacks and payments in 2020. The ransomware threat is very high. Public sectors are primary targets due to weaker defenses from budget pressures. Cyber attacks can cause privacy failures, reputational problems, high response costs, and civil liability. The presentation then provides an overview of key cybersecurity concepts for boards like asset management, defense in depth, and the NIST Cybersecurity Framework. It examines how boards can provide oversight in each framework area such as identifying critical data and access controls for protecting information.
How to Approach the NYDFS Proposed Cybersecurity RequirementsKyle Brown
The New York Department of Financial Services (NYDFS) is expected to pass a proposed cybersecurity regulation in January 2017, called "Cybersecurity Requirements for Financial Services Companies".
In the light of the imminent regulatory update, most financial institutions, and insurance providers are preparing to comply with the fundamental requirements that the NYDFS will likely adopt.
In this webinar, we covered:
- Explanations of the regulation’s key legal requirements;
- How the regulation interacts with other data security laws;
- Industry best practices for securing data;
- The value of online compliance training.
Cyber Security Planning: Preparing for a Data BreachFletcher Media
Presented by Clark Insurance in Portland, Maine, this two hour seminar featured lead panelists in the privacy security business.
This presentation reviews all aspects of a data breach from preparation, discovery, plan implementation, cyber insurance, crisis communication and PR policies and protocols.
Malware infiltration, spear phishing, data breaches...these are terrifying words with even more frightening implications. These threats are hitting the technology world hard and fast and can no longer be ignored.
This document discusses privacy and security risks in the digital age and strategies for managing those risks. It outlines increasing regulation at the federal, state, and international levels related to data breaches and privacy. This has led organizations to undertake multiple, siloed compliance efforts. The document proposes a unified approach to information security compliance that addresses all legal requirements and uses popular standards. It also discusses how risk transfer through insurance can help organizations manage security and privacy risks.
New York DFS proposed cybersecurity regulationsBrunswick Group
The proposed cybersecurity regulations from the New York Department of Financial Services would impose significant new compliance responsibilities on over 4,000 financial institutions in New York. The regulations set the most prescriptive standards among any state or federal agency and would require companies to establish comprehensive cybersecurity programs, designate cybersecurity personnel, and report any cyber incidents within 72 hours. The regulations have major implications for communications professionals in developing robust cybersecurity response plans, preparing for potential leaks, and ensuring effective employee training on cybersecurity awareness.
Discussing Cyber Risk Coverage With Your Commercial Clients by Steve Robinson...Don Grauel
Steve Robinson of RPS Technology & Cyber presented "Discussing Cyber Risk Coverage With Your Commercial Clients" to the 68th Annual F. Addison Fowler Fall Seminar on October 17, 2014.
1) The document discusses cyber security laws, regulations, and trends related to critical infrastructure protection. It covers Presidential Executive Orders on cyber security of critical infrastructure, key federal cyber security laws, and Department of Defense guidance documents.
2) It also discusses system cyber defense resilience architectures, including the National Institute of Standards and Technology cybersecurity framework and risk management process.
3) Finally, it addresses lifecycle systems cyber resiliency architecting, including principles, techniques, attack mechanisms, and metrics for measuring cyber resilience.
The document discusses information lifecycle security management (ILSM) and outlines the key steps in the process. It begins with an overview of the Minnesota Department of Human Services (DHS) and its mission to help citizens meet basic needs. It then describes the DHS enterprise security strategy and emphasizes building security into systems from the beginning. Finally, it details the ILSM process which incorporates security activities at each stage of the system development lifecycle from concept through disposal.
Cyber Essentials Requirements for UK GovernmentDavid Sweigert
The document outlines requirements for basic technical cyber protection against common cyber attacks. It details controls in five areas: 1) boundary firewalls and internet gateways, 2) secure configuration, 3) user access control, 4) malware protection, and 5) patch management. Implementing these controls will help organizations defend against the most frequent internet-based attacks using widely available tools. The document provides high-level guidance for technical cybersecurity basics, though not a comprehensive solution against all threats.
What Financial Institution Cyber Regs Tell the Infrastructure SectorCBIZ, Inc.
Information security is a threat for every business, but it’s particularly disruptive to the nation’s infrastructure systems. Infrastructure companies should monitor how mandatory rules play out for financial institutions. If the regulatory efforts are successful in reducing the number of financial institution cyber incidents, state and federal regulators may turn their attention to other industries.
The document discusses preparing for and responding to cybersecurity incidents and data breaches. It provides an overview of Breach Education Alliance, an integrated team approach for responding to breaches. It then discusses best practices for security investigations, including establishing goals and understanding common causes of incidents. Potential mistakes in investigations and security are outlined. The document emphasizes training employees, understanding your environment and business risks, and having the proper resources in place before, during and after a security incident.
Managing and insuring cyber risk - coverage of insurance policiesIISPEastMids
This document provides an overview of typical cyber insurance policy coverage, including available first party losses coverage for breach costs, business interruption, hacker damage, and cyber extortion. It also discusses third party liability coverage for privacy claims, investigations, and media liability. Common pitfalls are outlined, such as precautions against loss, employee dishonesty exclusions, issues with third party suppliers, and jurisdictional limits. The summary emphasizes that cyber policies can vary and understanding the specific risks to your business and the details of coverage is important, advising the reader to seek advice when purchasing a policy.
The document provides an overview of cyber insurance and how it can help small to mid-sized businesses manage the risks and costs associated with a data breach or cyber attack. It discusses the common costs of a breach, the need to assess risks and define an incident response plan, and how cyber insurance can help cover expenses, provide expert guidance and services, and help businesses stay operational after a breach.
Cyber insurance provides coverage for losses from cyber incidents and security breaches. It helps manage cyber risks through risk sharing. However, the cyber insurance market is still immature with global losses from cyber incidents exceeding the total cyber insurance market. Key challenges include asymmetric information between insurers and clients, interdependent and correlated cyber risks, and limited reinsurance capacity due to lack of claims data and potential for simultaneous global attacks.
The document discusses cybersecurity challenges facing modern businesses. It notes a gap between perceived security and realities of modern threats. While companies invest in security systems and staff, attackers still frequently succeed due to human errors like poor training. The document examines case studies like the Target breach to show how lack of ongoing training for both security professionals and end users undermine defenses. It discusses pros and cons of outsourcing security versus training internal staff. The presenter argues all organizations must make ongoing training and awareness programs a priority to close security gaps.
Secrets to managing your Duty of Care in an ever- changing world.
How well do you know your risks?
Are you keeping up with your responsibilities to provide Duty of Care?
How well are you prioritising Cybersecurity initiatives?
Liability for Cybersecurity attacks sits with Executives and Board members who may not have the right level of technical security knowledge. This session will outline what practical steps executives can take to implement a Cybersecurity Roadmap that is aligned with its strategic objectives.
Led by Krist Davood, who has spent over 28 years implementing secure mission critical systems for executives. Krist is an expert in protecting the interconnectedness of technology, intellectual property and information systems, as evidenced through his roles at The Good Guys, Court Services Victoria and Schiavello.
The seminar will cover:
• Fiduciary responsibility
• How to efficiently deal with personal liability and the threat of court action
• The role of a Cybersecurity Executive Dashboard and its ability to simplify risk and amplify informed decision making
• How to identify and bridge the gap between your Cybersecurity Compliance Rating and the threat of court action
The Science and Art of Cyber Incident Response (with Case Studies)Kroll
In this joint presentation for the ISSA-LA Summit X in Los Angeles, Jennifer Rathburn, a cybersecurity and data privacy law expert at Foley & Lardner LLP and William Dixon, Associate Managing Director in Kroll's Cyber Risk practice, highlight three incident response scenarios and tips on breach preparation and response.
To learn more, contact Jennifer or William at:
Jennifer Rathburn, Foley & Lardner LLP
jrathburn@foley.com; 414-297-5864
William Dixon, Kroll, a Division of Duff & Phelps
william.dixon@kroll.com; 213-247-3973
Data Confidentiality, Security and Recent Changes to the ABA Model Rulessaurnou
Continuing legal education (CLE) presentation regarding data confidentiality, information security, computer forensics and legal ethics in light of technology-related changes made to the American Bar Association's Model Rules of Professional Conduct.
This document discusses cyber risks and cyber liability insurance. It summarizes that many major companies have experienced data breaches in recent years. It outlines common cyber risks like computer intrusions, loss of physical devices, and social media issues. It recommends basic loss control techniques and identifies what cyber liability insurance can cover, such as first and third party losses from network security breaches, privacy breaches, and internet media liability. Coverage limits start at $100,000 with premiums as low as $250.
This document summarizes a presentation on cybersecurity risk governance. It discusses the high degree of risk boards face from cyber attacks, noting a large increase in ransomware attacks and payments in 2020. The ransomware threat is very high. Public sectors are primary targets due to weaker defenses from budget pressures. Cyber attacks can cause privacy failures, reputational problems, high response costs, and civil liability. The presentation then provides an overview of key cybersecurity concepts for boards like asset management, defense in depth, and the NIST Cybersecurity Framework. It examines how boards can provide oversight in each framework area such as identifying critical data and access controls for protecting information.
How to Approach the NYDFS Proposed Cybersecurity RequirementsKyle Brown
The New York Department of Financial Services (NYDFS) is expected to pass a proposed cybersecurity regulation in January 2017, called "Cybersecurity Requirements for Financial Services Companies".
In the light of the imminent regulatory update, most financial institutions, and insurance providers are preparing to comply with the fundamental requirements that the NYDFS will likely adopt.
In this webinar, we covered:
- Explanations of the regulation’s key legal requirements;
- How the regulation interacts with other data security laws;
- Industry best practices for securing data;
- The value of online compliance training.
Cyber Security Planning: Preparing for a Data BreachFletcher Media
Presented by Clark Insurance in Portland, Maine, this two hour seminar featured lead panelists in the privacy security business.
This presentation reviews all aspects of a data breach from preparation, discovery, plan implementation, cyber insurance, crisis communication and PR policies and protocols.
Malware infiltration, spear phishing, data breaches...these are terrifying words with even more frightening implications. These threats are hitting the technology world hard and fast and can no longer be ignored.
This document discusses privacy and security risks in the digital age and strategies for managing those risks. It outlines increasing regulation at the federal, state, and international levels related to data breaches and privacy. This has led organizations to undertake multiple, siloed compliance efforts. The document proposes a unified approach to information security compliance that addresses all legal requirements and uses popular standards. It also discusses how risk transfer through insurance can help organizations manage security and privacy risks.
New York DFS proposed cybersecurity regulationsBrunswick Group
The proposed cybersecurity regulations from the New York Department of Financial Services would impose significant new compliance responsibilities on over 4,000 financial institutions in New York. The regulations set the most prescriptive standards among any state or federal agency and would require companies to establish comprehensive cybersecurity programs, designate cybersecurity personnel, and report any cyber incidents within 72 hours. The regulations have major implications for communications professionals in developing robust cybersecurity response plans, preparing for potential leaks, and ensuring effective employee training on cybersecurity awareness.
Discussing Cyber Risk Coverage With Your Commercial Clients by Steve Robinson...Don Grauel
Steve Robinson of RPS Technology & Cyber presented "Discussing Cyber Risk Coverage With Your Commercial Clients" to the 68th Annual F. Addison Fowler Fall Seminar on October 17, 2014.
1) The document discusses cyber security laws, regulations, and trends related to critical infrastructure protection. It covers Presidential Executive Orders on cyber security of critical infrastructure, key federal cyber security laws, and Department of Defense guidance documents.
2) It also discusses system cyber defense resilience architectures, including the National Institute of Standards and Technology cybersecurity framework and risk management process.
3) Finally, it addresses lifecycle systems cyber resiliency architecting, including principles, techniques, attack mechanisms, and metrics for measuring cyber resilience.
The document discusses information lifecycle security management (ILSM) and outlines the key steps in the process. It begins with an overview of the Minnesota Department of Human Services (DHS) and its mission to help citizens meet basic needs. It then describes the DHS enterprise security strategy and emphasizes building security into systems from the beginning. Finally, it details the ILSM process which incorporates security activities at each stage of the system development lifecycle from concept through disposal.
Cyber Essentials Requirements for UK GovernmentDavid Sweigert
The document outlines requirements for basic technical cyber protection against common cyber attacks. It details controls in five areas: 1) boundary firewalls and internet gateways, 2) secure configuration, 3) user access control, 4) malware protection, and 5) patch management. Implementing these controls will help organizations defend against the most frequent internet-based attacks using widely available tools. The document provides high-level guidance for technical cybersecurity basics, though not a comprehensive solution against all threats.
What Financial Institution Cyber Regs Tell the Infrastructure SectorCBIZ, Inc.
Information security is a threat for every business, but it’s particularly disruptive to the nation’s infrastructure systems. Infrastructure companies should monitor how mandatory rules play out for financial institutions. If the regulatory efforts are successful in reducing the number of financial institution cyber incidents, state and federal regulators may turn their attention to other industries.
The document discusses preparing for and responding to cybersecurity incidents and data breaches. It provides an overview of Breach Education Alliance, an integrated team approach for responding to breaches. It then discusses best practices for security investigations, including establishing goals and understanding common causes of incidents. Potential mistakes in investigations and security are outlined. The document emphasizes training employees, understanding your environment and business risks, and having the proper resources in place before, during and after a security incident.
Managing and insuring cyber risk - coverage of insurance policiesIISPEastMids
This document provides an overview of typical cyber insurance policy coverage, including available first party losses coverage for breach costs, business interruption, hacker damage, and cyber extortion. It also discusses third party liability coverage for privacy claims, investigations, and media liability. Common pitfalls are outlined, such as precautions against loss, employee dishonesty exclusions, issues with third party suppliers, and jurisdictional limits. The summary emphasizes that cyber policies can vary and understanding the specific risks to your business and the details of coverage is important, advising the reader to seek advice when purchasing a policy.
The document provides an overview of cyber insurance and how it can help small to mid-sized businesses manage the risks and costs associated with a data breach or cyber attack. It discusses the common costs of a breach, the need to assess risks and define an incident response plan, and how cyber insurance can help cover expenses, provide expert guidance and services, and help businesses stay operational after a breach.
Cyber insurance provides coverage for losses from cyber incidents and security breaches. It helps manage cyber risks through risk sharing. However, the cyber insurance market is still immature with global losses from cyber incidents exceeding the total cyber insurance market. Key challenges include asymmetric information between insurers and clients, interdependent and correlated cyber risks, and limited reinsurance capacity due to lack of claims data and potential for simultaneous global attacks.
The document discusses cybersecurity challenges facing modern businesses. It notes a gap between perceived security and realities of modern threats. While companies invest in security systems and staff, attackers still frequently succeed due to human errors like poor training. The document examines case studies like the Target breach to show how lack of ongoing training for both security professionals and end users undermine defenses. It discusses pros and cons of outsourcing security versus training internal staff. The presenter argues all organizations must make ongoing training and awareness programs a priority to close security gaps.
Secrets to managing your Duty of Care in an ever- changing world.
How well do you know your risks?
Are you keeping up with your responsibilities to provide Duty of Care?
How well are you prioritising Cybersecurity initiatives?
Liability for Cybersecurity attacks sits with Executives and Board members who may not have the right level of technical security knowledge. This session will outline what practical steps executives can take to implement a Cybersecurity Roadmap that is aligned with its strategic objectives.
Led by Krist Davood, who has spent over 28 years implementing secure mission critical systems for executives. Krist is an expert in protecting the interconnectedness of technology, intellectual property and information systems, as evidenced through his roles at The Good Guys, Court Services Victoria and Schiavello.
The seminar will cover:
• Fiduciary responsibility
• How to efficiently deal with personal liability and the threat of court action
• The role of a Cybersecurity Executive Dashboard and its ability to simplify risk and amplify informed decision making
• How to identify and bridge the gap between your Cybersecurity Compliance Rating and the threat of court action
7th ERM - S2 - Cyber security, Cyber Risk and Data Privacy - Kalpesh Doshi (1...TraintechTde
Cyber security risks are increasing and pose serious threats. The document discusses several alarming cyber attack statistics experienced by India and globally in recent years. It also outlines specific risks to the financial sector, including theft of funds, legal/regulatory issues, and loss of customer trust from cyber attacks. Effective cyber security requires organizations to be vigilant, adaptable, and have robust risk management practices in place.
Cybersecurity Risk Management for Financial InstitutionsSarah Cirelli
The New York State Department of Financial Services has been closely monitoring this ever-growing threat and has proposed regulations that would require financial services companies to adopt a cybersecurity program to protect their customers, employees, data and operations. Its proposed changes are expected to take effect on March 1, 2017. Financial services companies would have until Feb. 15, 2018, to submit a certificate of compliance with the program. Components of New York's proposed cybersecurity program are outlined in this article.
New Ohio Cybersecurity Law RequirementsSkoda Minotti
Skoda Minotti’s Risk Advisory Services Group and Insurance Services Group are working closely with insurance industry licensees to meet the considerable requirements under the Ohio cybersecurity law. This presentation provides more detailed information about the law, and assists you with your understanding and implementation of the requirements.
This document summarizes a presentation given by the City of Atlanta's Chief Information Security Officer Taiye Lambo. The presentation discusses Atlanta's vision for cybersecurity, which includes ensuring the reliability, security, and availability of the city's IT infrastructure and information. It also outlines Atlanta's goals for achieving operational excellence, information security, and continual improvement of its cybersecurity program over the next few years. The presentation provides an overview of Atlanta's current IT assets, cybersecurity landscape and threats, as well as a proposed strategic roadmap to address gaps and strengthen controls across key security domains through 2017.
This presentation focuses to the rising prominence of insurance considerations—and more particularly—to legal aspects of insurance as it relates to cybersecurity and privacy.
The presentation defines "Cyber and Privacy Insurance” and organizes such insurance into four main types of cyber insurance coverage: data breach and privacy management coverage, multimedia liability coverage, extortion liability coverage, and network security liability coverage. With these definitions, the presentation then gives snapshot of how the Cyber Insurance Market Is Maturing, its participants, costs, and related attributes.
Consideration is given to the importance of defined terms, before launching into difficulties that providers and users have relative to measuring, modeling, and pricing cyber insurance risk. Particular attention is given to the language of “claims” and how to navigate through associated risk/cost analyses and cost structures.
Additionally, general considerations, pre-conditions, cost of compliance, business interruption, governing board oversight and related issues are brought together is a cohesive manner.
This document provides guidance for small businesses on cyber security risks and recommendations for managing those risks. It discusses how common cyber attacks target business information and systems. The document recommends a three-step approach to managing cyber security risks: 1) planning, which involves identifying critical assets and risks; 2) implementation, such as installing antivirus software and passwords; and 3) review, like periodically testing controls and monitoring for attacks. Basic security practices are advised to protect a business without needing expert knowledge or significant costs.
The document provides an agenda for maturing an information security (IS) program using the NIST Cybersecurity Framework and FFIEC Cybersecurity Maturity Assessment. It discusses reasons to mature cybersecurity posture such as data breaches and their impact on the economy. It then outlines the NIST Cybersecurity Framework including its functions, categories, and subcategories. It also describes the FFIEC Maturity Assessment Tool and its domains for evaluating an organization's cybersecurity maturity. The document shares details about how one organization used these frameworks to improve their cybersecurity program over time from an initial assessment to continuous improvement.
This document discusses CSB IT Security's modular approach to building an effective information security program. It covers compliance requirements but emphasizes the importance of security. Key aspects include risk assessment, governance, policies and procedures, awareness training with social engineering tests, contingency planning, and addressing vulnerabilities. Penetration testing and threat detection services help identify issues similar to how hackers operate. The goal is helping organizations progress along a maturity model to achieve compliance and security.
This document provides an overview of cyber risks management and cyber insurance. It discusses key topics like the costs of data breaches, regulations like GDPR, prevention strategies, how insurers evaluate cyber risk, and available insurance covers. Appendices provide more details on the historical development of cyber insurance and common types of first-party and third-party insurance covers. Resources are also listed for getting cyber insurance quotes in Greece and learning more about privacy and cybersecurity risk advising.
MeHI Privacy & Security Webinar 3.18.15MassEHealth
Top Reason Why Providers Fail Meaningful Use Audits: Inadequate Security Risk Analysis
Providers are losing incentive dollars by not meeting the Meaningful Use Privacy & Security Measure.
Get on track with your Security Risk Assessment and attest to Meaningful Use with MeHI’s support & solutions:
• Assess your practice’s privacy and security status
• Develop remediation plans to resolve gaps
• Communicate resolution steps to the providers involved
• Track progress in addressing outstanding issues
Let us help you conduct a security risk analysis and address deficiencies and potential threats and ensure that your practice is compliant and that patient data is safe-guarded.
Securing Fintech: Threats, Challenges & Best PracticesUlf Mattsson
Cyber attacks have increased in frequency and severity, and financial institutions are particularly interesting targets to cyber criminals. Join this presentation to learn the latest cybersecurity threats and challenges plaguing the financial industry, and the policies and solutions your organization needs to have in place to protect against them.
Viewers will learn:
• Current trends in Cyber attacks
• FFIEC Cyber Assessment Toolkit
• NIST Cybersecurity Framework principles
• Security Metrics
• Oversight of third parties
• How to measure cybersecurity preparedness
• Automated approaches to integrate Security into DevOps
About the Presenter:
Ulf Mattsson is the Chief Technology Officer of Security Solutions at Atlantic BT, and earlier at Compliance Engineering. Ulf was the Chief Technology Officer and a founder of Protegrity, He invented the Protegrity Vaultless Tokenization, Data Type Preservation (DTP2) and created the initial architecture of Protegrity's database security technology. Prior to Protegrity, Ulf worked 20 years at IBM in software development and in IBM's Research organization, in the areas of IT Architecture and Security, and received a US Green Card of class ‘EB 11 – Individual of Extraordinary Ability’ after endorsement by IBM. Ulf is the inventor of more than 45 patents in the areas of Encryption, Policy Driven Data Encryption, Internal Threat Protection, Data Usage Control and Intrusion Prevention
Bradley's panel reacts to and addresses a hypothetical cyber incident involving a widespread compromise of consumer healthcare and financial information. Amy Leopard (Healthcare), Mike Pennington (Litigation), John Goodman (Litigation), Elena Lovoy (Financial Services), and moderator Paige Boshell (Intellectual Property, Financial Services) will offer legal and practical strategies to proactively respond to and resolve a specified data breach. Highlights will include customer notice strategies, attorney-client privilege and litigation avoidance strategies, and coordination with third parties, including external PR and forensic investigators, vendors, regulators, and law enforcement.
For Public_ Cybersecurity_ Frameworks, Fundamentals, and Foundations 2023.pdfJustinBrown267905
The document provides an overview of cybersecurity frameworks, fundamentals, and foundations. It discusses common cybersecurity terms like frameworks, controls, and standards. It also examines drivers for cybersecurity like laws, compliance, audits and data privacy. Key areas covered include asset inventory, risk assessment, threat modeling, security controls, frameworks like NIST CSF, and the importance of people/human factors. The document aims to help organizations strengthen their cybersecurity posture and navigation the complex landscape of improving security.
The document discusses upcoming FFIEC cybersecurity assessments for financial institutions and provides guidance. It notes that cybersecurity is essentially the same as information security, focusing on protecting digital data and infrastructure. It advises that institutions with a robust information security program in place addressing risk assessment and management will likely pass the cybersecurity assessments after some minor enhancements. The document provides an overview of frameworks like NIST's Cybersecurity Framework that can help institutions refine their programs to prepare.
This document contains a presentation on cybersecurity risks in the Middle East given by Abdullah Mutawi, a partner at the law firm Baker Botts. The presentation covers several topics:
- An overview of common cyber threats like data breaches, ransomware, and state-sponsored attacks. It also discusses the costs of cyber attacks for businesses.
- A case study on the Shamoon malware attacks against organizations in Saudi Arabia in 2016-2017.
- The legal responsibilities and obligations organizations have to protect data, systems, and infrastructure from cyber risks. This includes the duties of directors and officers.
- Compliance with privacy, data protection, and cybercrime laws, and how the new GDPR regulation
PROTECTING YOUR BUSINESS AND CLIENT INFORMATION IN A DIGITAL WORLD - Mitch Ta...IFG Network marcus evans
Presentation delivered by Mitch Tanenbaum, Principal, INFORMATION RISK STRATEGY CONSULTING at the IFG Wealth Management Forum Spring 2016 held in Scottsdale AZ.
Get Ready for Syncsort's New Best-of-Breed Security SolutionPrecisely
Since Syncsort's acquisition of security products from Cilasoft, Enforcive, Townsend Security and Trader's - we've been working hard to blend best-of-breed technology and create a powerful, integrated solution. We're happy to announce that the wait is almost over!
In just a few short weeks, Syncsort will announce the first release of this new security solution. We want partners like you on-board with all the latest information on how this great new product will meet your customers' needs to:
• Identify security vulnerabilities
• Pass audits for industry, state or governmental security regulations
• Detect and report on compliance deviations and security incidents
• Lock down access to systems and databases
• Ensure the privacy of sensitive data - both at rest and in motion
How to Establish a Cyber Security Readiness ProgramMatt Moneypenny
On August 23rd, Etactics, ABA Insurance Services, and Risk Compliance Group teamed up to host a free webinar – “How to Establish a Cyber Security Readiness Program”.
Each day, more users store confidential data in the cloud. According to Gartner, Inc., the world’s leading research and advisory company, the world will store 50 times the amount of confidential data in 2020 than they do now. This increase in usage has lead to an increase in cybercrime, that’s expected to cost $6 trillion in damages by 2021. But how do you stop all of this?
The three companies provided the insight necessary to those who attended to begin establishing a cyber security readiness program of their own.
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Paige Boshell, Partner and Team Leader for the firm's Privacy and Information Security Team, and Erik Rasmussen, Associate Managing Director for Kroll Cyber Security, a global industry leader in forensics investigations and response, will discuss recent data breach trends and how businesses may mitigate the risks posed by these threats.
From acts of subcontractors, to acts of nature, construction projects face a panoply of risks. Fortunately, insurance covers many of these risks. Unfortunately, construction contracts often omit critical insurance terms or contain outdated insurance terms, causing the parties to pay for insurance that does not cover their construction risks. As uncertain as the future of a project can be, understanding your construction contract and your insurance coverage and recognizing pitfalls can prevent or mitigate future losses. Join us, and learn how to structure your coverage before breaking ground.
Katherine Henry and Machua Millett discuss the interplay between directors & officers and professional liability insurance policies in the context of recent corporate crises. We will address the scope of coverage under both types of policies and the potential coverage gaps that can occur even when both policies are purchased. The webinar concludes with an overview of favorable terms that companies should seek when purchasing these coverages.
In the last several years, substantial data breaches or hacker attacks in the U.S. have shown no signs of abating. Neither have the class actions that typically follow in their wake. Bradley Arant discusses litigation trends in data breach class actions. The video will touch on evolving issues in these cases, including recent loosening of consumer standing requirements (in cases after the Supreme Court’s Clapper decision), class certification and other issues raised in the Target litigation. We will also provide an overview of recent settlements of data breach class actions and what they might mean for later cases. The webinar will address several issues pending before the Supreme Court this term that could have significant impact, including whether a statutory violation without other injury confers Article III standing, and the extent to which statistical evidence can be used to justify class certification.
This document discusses the differences between occurrence and claims-made insurance policies, focusing on commercial general liability and professional liability. Occurrence policies trigger coverage based on when bodily injury or property damage occurs, while claims-made policies trigger coverage based on when a claim is made. The document provides examples of how different policies would respond to claims in various scenarios. It also discusses challenges that can arise when switching between occurrence and claims-made policies or carriers, and the importance of extending reporting periods or tail coverage to avoid gaps in coverage.
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Is “your work” covered under your general liability policy? Although damage to “your work” may be excluded from coverage under the standard general liability form, there is an important exception to that exclusion for work that is performed by your subcontractors. Join us to learn more about this important exception and how you can maximize insurance coverage for claims regarding “your work.”
Is your company at risk of being told that your independent contractors are actually employees? If the Department of Labor breaks this news to you, what are the labor implications? What are the tax obligations? What are your legal obligations to a third party? Join our labor and employment and tax gurus for answers to these and other questions during this informative and practical webinar on avoiding worker misclassification and the repercussions if you do not.
Part of Bradley Arant’s Policyholder Insurance Coverage Team’s six-part Maximize Your Company's Insurance Coverage Webinar Series, the “Understanding CIPs, Builder’s Risk, and Inland Marine Insurance Policies” webinar, led by Katherine Henry, addressed three types of insurance policies -- Wrap-ups (OCIPS and CCIPS), Builder’s Risk and Inland Marine -- that insure risks arising out of construction projects. Speakers addressed policy components, similarities and differences, scope, and potential coverage gaps. The one-hour webinar is ideal for personnel not currently familiar with these types of coverage and for those seeking a refresher on the basics of insurance coverage for construction projects.
This document summarizes a presentation about allocating risk between parties through commercial contracts and insurance. It discusses identifying risks, designating which party is responsible for each risk, and documenting risk allocation in contracts. It provides examples of successful and unsuccessful risk allocation. Specifically, it examines a case where a general contractor was left responsible for millions after a subcontractor's insurance lapsed, highlighting the importance of confirming required insurance is maintained. The presentation stresses carefully considering each risk, placing it with the responsible party, and specifying coverage details in contracts to avoid litigation over unintended liabilities.
This document discusses emerging issues in title insurance. It provides an overview of title insurance, including how title insurance policies are obtained, the role of closing protection letters, common gaps in coverage, and considerations after a closing such as claims submission deadlines and the impact of full credit bids. Key points include how title risks are allocated between parties in a loan transaction, the purpose of closing protection letters in shifting risks of closing errors or fraud to the title insurer, and recent court decisions regarding the applicability of the full credit bid rule.
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In today’s litigation and regulatory climate, class actions alleging statutory violations can pose some of the most persistent and troublesome threats to lenders...
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"Lifting the Corporate Veil" is a legal concept that refers to the judicial act of disregarding the separate legal personality of a corporation or limited liability company (LLC). Normally, a corporation is considered a legal entity separate from its shareholders or members, meaning that the personal assets of shareholders or members are protected from the liabilities of the corporation. However, there are certain situations where courts may decide to "pierce" or "lift" the corporate veil, holding shareholders or members personally liable for the debts or actions of the corporation.
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Fraud or Illegality: If shareholders or members use the corporate structure to perpetrate fraud, evade legal obligations, or engage in illegal activities, courts may disregard the corporate entity and hold those individuals personally liable.
Undercapitalization: If a corporation is formed with insufficient capital to conduct its intended business and meet its foreseeable liabilities, and this lack of capitalization results in harm to creditors or other parties, courts may lift the corporate veil to hold shareholders or members liable.
Failure to Observe Corporate Formalities: Corporations and LLCs are required to observe certain formalities, such as holding regular meetings, maintaining separate financial records, and avoiding commingling of personal and corporate assets. If these formalities are not observed and the corporate structure is used as a mere façade, courts may disregard the corporate entity.
Alter Ego: If there is such a unity of interest and ownership between the corporation and its shareholders or members that the separate personalities of the corporation and the individuals no longer exist, courts may treat the corporation as the alter ego of its owners and hold them personally liable.
Group Enterprises: In some cases, where multiple corporations are closely related or form part of a single economic unit, courts may pierce the corporate veil to achieve equity, particularly if one corporation's actions harm creditors or other stakeholders and the corporate structure is being used to shield culpable parties from liability.
Guide on the use of Artificial Intelligence-based tools by lawyers and law fi...Massimo Talia
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Business law for the students of undergraduate level. The presentation contains the summary of all the chapters under the syllabus of State University, Contract Act, Sale of Goods Act, Negotiable Instrument Act, Partnership Act, Limited Liability Act, Consumer Protection Act.
Receivership and liquidation Accounts
Being a Paper Presented at Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) on Friday, August 18, 2023.
From Promise to Practice. Implementing AI in Legal Environments
Data breach-response-planning-laying-the-right-foundation
1. babc.com ALABAMA I DISTRICT OF COLUMBIA I FLORIDA I MISSISSIPPI I NORTH CAROLINA I TENNESSEE
Data Breach Response Planning:
Laying the Right Foundation
September 16, 2015
Presented by
Paige M. Boshell
and
Amy S. Leopard