Cyber Risk Management Strategies and Legal Insights for Today's Digital Landscape
In the last decade, the prevalence of data breaches and other cyber-attacks has consistently risen. As a result, a majority of businesses can expect to experience cyber events in their lifespan, whether they are targeted for their customer data, intellectual property, or for the purposes of business disruption. Like other types of professional liability protections, cyber insurance is a tool for businesses to protect themselves from the financial, legal, and regulatory risks that cyber threats cause. Yet business leaders today often still lack a comprehensive understanding of the nature of cyber risks, related necessities, or even what the coverage offered by these insurance policies actually provides. Attorneys advising businesses and assisting with risk management today must understand the process of cyber insurance and the key features that will ensure coverage in a time of need.
In this seminar, our expert panelists begin by reviewing the basics of cyber insurance and elaborating on the aspects covered by these policies. Our speakers then dive into the types of cyber insurance and highlight the key characteristics of different types of coverage. The discussion continues with an examination of the factors considered during the cyber underwriting process. Our experts then highlight the key challenges related to cyber insurance today and conclude the webinar by reviewing recent cyber insurance coverage cases.
Topics covered in this webinar:
Introduction to Cyber Insurance
Different Types of Cyber Insurance
Cyber Underwriting Risks and Considerations
Issues with Cyber Insurance Today
Recent Cases
Our Mission is to bridge the knowledge gap between law and technology professionals by educating attorneys on technology to attorneys and technology executives on its laws and regulations. Legal Cyber Academy provides a comprehensive tool and evolving knowledge base through exclusive insights from world class cybersecurity, privacy, web 3.0, forensic, and e-discovery legal and technical practitioners. Earn CLE, CPE, and CE credits. (Refunds are available if you do not receive credit) At Legal Cyber Academy We recognize that technology, the cybersecurity threats it faces, and relevant laws and regulation are rapidly evolving, presenting unique challenges and opportunities. Our platform is dedicated to empowering legal professionals with the skills and understanding necessary to navigate the complex landscape of technology in their field, enabling them to effectively advise clients, draft contracts, and navigate legal implications in a technology-driven world. Simultaneously, we strive to equip technology professionals with the legal knowledge they need to make informed decisions, ensure compliance with regulations, and limit liability. By fostering a deep understanding of legal frameworks, we hope to support technology professionals in creating innovative, compliant, and socially conscious technological advancements. Join us in our mission to reshape the way legal professionals and technology experts understand and interact with each other in a rapidly changing technical and legal landscape. Together, they will mitigate risk better, ensure compliance, and actively shape the future of technology and its accompanying laws.
LAW & FORENSICS LLC – FOUNDER; JAMS – NEUTRAL; HARVARD – ADJUNCT;
Danie Garrie, Esq., is the Co-Founder of Law & Forensics LLC, where he heads the Computer Forensics and digital discovery Cybersecurity teams. Daniel has been a dominant voice in the computer forensics and cybersecurity space for the past 20 years, as an attorney and technologist. He is an adjunct professor at Harvard for Computer Forensics, and prior to Law & Forensics, he successfully built and sold several technology start-up companies. Since co-founding Law & Forensics LLC in 2008, Daniel has built it into one of the leading boutique firms specializing in cybersecurity and forensic engineering. He is a mediator, arbitrator, and e-discovery special master for JAMS and is a partner and head of Cybersecurity practice at Zeichner, Ellman & Krause LLP. Daniel earned both a Bachelor’s and a Master’s degree in computer science from Brandeis University, as well as a J.D. from Rutgers Law School. Daniel has led cyber and forensic teams in some of the most visible and sensitive incidents in the United States. He and his team have worked globally for two of the top five banks and dozens of the largest private and public companies in the world. In addition, Daniel has been awarded several patents for advanced cybersecurity and forensic platforms he built with his team, including TableTop.AI, CustodyTrack.IO, and Forensic Scan. Daniel is also well-published in the cybersecurity space and has authored more than 200 articles and books. His work is cited by Black’s Law Dictionary 10th Ed. defining the terms 'software', 'internet', and 'algorithm'. Lastly, he has been recognized by several United States Supreme Court Justices for his legal scholarship and is a trusted source and thought leader for cybersecurity articles and opinions, cited over 500 times to date.
Kennedys Law - Partner
Judith Selby is a partner in the firm’s New York office. Focused primarily on insurance coverage matters, Judy represents clients in all phases of large-scale, complex first and third-party insurance issues. She has extensive experience handling insurance coverage trials in the US and international arbitrations in London. Judy's practice concentrates on coverage for exposures arising from emerging technology, digital, and compliance risks. She serves as coverage and monitoring counsel for cyber insurers and also counsels insurers on cyber insurance product development, policy wordings, and silent cyber issues. Judy’s experience includes providing coverage opinions, handling all phases of coverage litigation through trial and appeal, and participating in international arbitrations involving environmental, toxic tort, cyber/privacy, BIPA, TCPA, business interruption, bad faith, pharmaceutical products, and COVID-19 exposures. She also provides insurance due diligence advice in connection with mergers and acquisitions, run-offs, and adverse development cover transactions. Judy was named a 2021 Insurance Trailblazer by the National Law Journal and won JD Supra's 2021 Readers’ Choice Awards in Insurance (number 1) and Cybersecurity (top 10). She was also a finalist for the 2015 CLM Outside Professional of the Year award. Judy has been an invited speaker at prominent industry conferences on privacy, cyber, and related insurance issues, and she is frequently featured in various publications, including the Wall Street Journal, Fortune, Forbes, and Law360. Additionally, Judy has authored three eBooks: A Closer Look at Cyber Insurance, Demystifying Cyber Insurance, and Big Data for Business Leaders. She has completed advanced courses at the Massachusetts Institute of Technology (MIT) and Harvard Business School in the areas of big data, crisis management/business continuity, cybersecurity, the Internet of Things (IoT), and finance. She has also taken courses in cloud computing and the Data Protection Officer (DPO) role under the GDPR.
Mullen Coughlin - Partner
Carolyn Purwin Ryan is a partner at Mullen Coughlin and serves as a “Breach Coach” for organizations that have experienced a data privacy and security incident. She also provides third-party privacy regulatory defense legal services stemming from such incidents at both the state and federal levels. Additionally, she assists organizations in incident response planning, including providing tabletop exercises, developing risk assessment policies, analyzing vendor/third-party contracts and agreements, and implementing various data privacy and information security practices. Carolyn serves as breach counsel to organizations across various industry groups, including healthcare and life sciences, professional services, government, technology, financial services, and retail/e-commerce. In this role, she leads the response and investigation into the incident and provides guidance on mitigation and restoration services, law enforcement involvement, legal and regulatory obligations, and post-incident crisis management services. Prior to joining Mullen Coughlin, Carolyn was the Co-Chair of her previous firm’s Cybersecurity and Data Privacy department. She also served as national counsel for several state and federal mass tort litigations representing manufacturers and distributors of pharmaceuticals, medical publishers, morcellators, and various surgical devices. Previously, she clerked for the Honorable Joseph Rosa in the Superior Court of New Jersey and the Honorable Richard Berman in the United States District Court, Southern District of New York.
CrowdStrike – Senior Director
Tim is a Senior Director at CrowdStrike. He is an experienced director with a demonstrated history of working in the computer and network security industry and helping CISOs secure their organizations. Tim is also skilled in Computer Forensics, Incident Response, and Information Security Management.
CFC – Cyber Practice Leader
Michael Phillips is the Cyber Practice Leader, USA at CFC. He was previously the Chief Claims Officer of Resilience, the cyber insurance company, as well as the Head of Cyber, Media, and Technology Claims for North America at Allianz Global Corporate & Specialty, and a cyber claims leader at Beazley. Phillips was previously a cyber insurance lawyer in private practice at the global law firm of Clyde & Co, representing international insurers. He is also a writer. His essays on law and technology have been published by The New Yorker, Bloomberg, and BuzzFeed. He has also contributed work to the legal treatises Surveillance and to Commercial Litigation in New York State Courts. He is a graduate of NYU (B.A. with honors), King’s College London (M.A. with distinction, War Studies), and Emory University School of Law.
