Biometric Privacy – The Next Wave of Privacy Liability

The collection and potential loss or misuse of biometric information can expose organizations to privacy liability. This session at the NetDiligence® Cyber Risk Summit provided an introduction to biometric information collection and issues related to privacy laws when using biometric data. Speakers included: Ernest Koschineg, Partner, Cipriani & Werner Chris Dore, Partner, Edelson Julia Jacobson, […]

Improving Insurance Industry & Government Collaboration

This session at the 2018 NetDiligence® Cyber Risk Summit discussed the need for improving collaboration between the insurance industry and government and how that can lead to a common cyber good. Speakers included: Ronald Raether, Partner, Troutman Sanders Scott Kannry, Chief Executive Officer, Axio Global Wyatt Hoffman, Research Analyst, Carnegie Endowment for International Peace Fundamentally, […]

Gaps and Overlaps in Cyber Policies

Understanding how policies intersect around cyber coverage and claims can help guide proper placement. This panel discussion at the 2018 NetDiligence® Cyber Risk Summit provided opinions on where the gaps and overlaps in cyber policies lie so that coverage can be developed to match the business need. Speakers included: Meredith Schnur, Senior Vice President, USI […]

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Cyber Claims & Losses Update

Understanding current cyber claim trends can be extremely helpful in assessing the cyber risk of a potential policyholder. This session at the 2018 NetDiligence® Cyber Risk Summit explored results from the most recent NetDiligence® Cyber Claims Study and the Verizon Data Breach Incident Response Report. Speakers included: John Mullen, Partner, Mullen Coughlin Beth Diamond, Head […]

The State of the Cyber Risk Industry

The opening keynote session at the 2018 NetDiligence® Cyber Risk Summit highlighted the state of the cyber risk industry as we see it today. Speakers included: Josh Shapiro, Attorney General, Commonwealth of Pennsylvania Josh Ladeau, Senior Vice President, Head of U.S. Cyber, Aspen Insurance There has been some interesting commentary in the market regarding cyber […]

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A Journey from Breach to Settlement and Beyond

During a session at the 2018 RIMS annual conference Kimarie Stratos, Executive VP/General Counsel, Memorial Healthcare System and Lynn Sessions, Partner, Baker & Hostetler LLP covered one organization’s journey from insider cyber incident through breach notification, class action lawsuit, regulatory investigation and settlement negotiations. In 2011, an internal employee at Memorial Healthcare was accessing confidential […]

Cyber Extortion Risk

At the 2018 RIMS Annual Conference, Tom Srail with Willis Towers Watson discussed cyber extortion. Cyber extortion is a significant risk to your business operations. One common form of this is ransomware. Ransomware is malicious software that gets into your company’s computers and locks up the data, rendering it inaccessible until you pay the “ransom”. […]

Cyber as a Peril: Understanding How Multiple Insurance Policies Intersect with Cyber Risk

During a session at the RIMS 2018 Annual Conference, Shiraz Saeed, National Practice Leader – Cyber Risk, Starr Companies and Jean Nkamdon, CPA, CFE, RIMS-CRMP, Risk Management & Compliance Manager, The Washington Post lead a conversation about cyber risk dynamics. During the session he covered new risks presented by the Internet of Things and the […]

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How to Facilitate an Executive-Level Cyber Crisis Management Exercise

This session at the RIMS 2018 Annual Conference was led by Sean Murphy, Chief Executive Officer of Lootok, Ltd., and Ben Densham, CTO of Nettitude. According to research developed by Cybersecurity Ventures, cyber crises are estimated to cost $2 trillion by 2019 and $6 trillion annually by 2021. Cyber security spending on products and services […]

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Drones Taking Flight For Public Entities

The speakers in this PRIMA 2016 session were Ben Eggert, Esq., Wiley Rein, LLP; Gerard Finley, CPCU, Munich Reinsurance America, Inc.; Sarah Perry, Risk Manager, Columbia, MO and Richard Spiers, CPCU, ARM, Are, VP Claims, Genesis Management and Insurance Services. Drones are quickly becoming a technological innovation employed by public entities and businesses nationwide. While […]

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