Cyber Risk and Cyber Insurance: The 5 Things Every In-House Counsel Needs to Know

(147 Ratings)

Produced on: August 10, 2017

Course Format On Demand Audio

Taught by

Categories:

Course Description

Time 60 minutes
Difficulty Intermediate

Since last summer, cybersecurity has sprung to the front and center of not only the news, but the boardroom as well. However, understanding cybersecurity defensive solutions and the cybersecurity risk has been described as “an enigma shrouded by a mystery.” With the recent settlement of a data breach litigation for $115 million, there can be no question that cybersecurity is a topic that can hurt even the largest company, especially if they do not purchase cyber insurance. This presentation, presented by Paul Ferrillo, will unwrap the mystery of cybersecurity in a plain-English fashion, and will discuss when and how to purchase cybersecurity insurance.


Learning Objectives:

  1. Understand why cyber risk matters and how it translates into insurance
  2. Review stand-alone cyber insurance, including what it covers and what it doesn’t
  3. Identify recent trends in the cyber world
  4. Discuss the underwriting process for cyber insurance
  5. Gain five key takeaways related to the purchase of cyber insurance

Faculty

Paul Ferrillo

Greenberg Traurig LLP

Paul Ferrillo focuses his practice on cybersecurity corporate governance issues, complex securities and business litigation, and internal investigations. He assists clients with governance, disclosure, and regulatory matters relating to their cybersecurity postures and the regulatory requirements which govern them.

Paul represents public companies and their directors and officers in shareholder class and derivative actions, as well as in internal investigations. In particular, he has coordinated numerous internal investigations on behalf of audit committees and special committees, and handled the defense of securities class actions alleging accounting irregularities and/or financial fraud.

Paul represents clients across a wide range of industries, including retail, apparel, financial services, investment banking, private equity, hedge funds, energy, oil and gas, and real estate.

Reviews

CT
Cliff T.

Excellent. Very timely too. True, practical, deep subject experience clearly displayed by the presenter. Thanks.

RM
Randi M.

Very good!

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