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NetDiligence® 2011 Cyber Risk & Privacy Liability Forum
If you were unable to attend the second annual NetDiligence® Cyber Risk & Privacy Liability Forum, you missed valuable insight into the current state of cyber risk. Our all-star panelists—corporate executives, insurers and attorneys—discussed the latest trends and best-practices in cyber risk management.
Selected video highlights of our information-packed sessions!
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Greisiger on the NetDiligence® Cyber Liability & Data Breach Insurance Claims StudySmith on Underwriting a Cyber Risk Policy
Mark Greisiger, President of NetDiligence®, presented the results of a recent study in which his company surveyed insurance underwriters about data breaches and the claim losses they sustained in order to identify trends. Greisiger discussed the results during the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum, hosted by HB Litigation Conferences in Philadelphia on June 10, 2011.
Greisiger on the NetDiligence® Cyber Liability & Data Breach Insurance Claims StudySmith on Underwriting a Cyber Risk Policy
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Beazley's Wice on Website Tracking and Behavioral Marketing
How do marketing companies use tracking technologies in web browsers to collect information on consumer buying habits? How does the perception of this practice vary? Robert Wice, Underwriter, Specialty Lines/Technology, Media and Business Services, Beazley Group, discussed these emerging issues during the "Social Media Maze: Liability in Behavioral Advertising and Social Media" session at the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum, produced by HB Litigation Conferences in Philadelphia on June 9, 2011.
Beazley's Wice on Website Tracking and Behavioral Marketing
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Beazley's Wice on Expectation of Privacy and Behavioral Marketing
The "expectation of privacy" is becoming an important issue in the field of behavioral advertising with bills being proposed to allow consumers to "opt-out" of website tracking, said Robert Wice, Underwriter, Specialty Lines/Technology, Media and Business Services, Beazley Group. Wice spoke during the "Social Media Maze: Liability in Behavioral Advertising and Social Media" session during the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum, hosted by HB Litigation Conferences in Philadelphia on June 9, 2011.
Beazley's Wice on Expectation of Privacy and Behavioral Marketing
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Sills on Data Breach Preparedness
Many smaller companies make the mistake of not viewing data breaches as a "big deal" and don't have a plan in place in case one occurs, said Adam Sills, Vice President, E&O of Allied World Assurance Company, speaking at the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum, produced by HB Litigation Conferences in Philadelphia on June 9, 2011. Sills said that, as a result, many of these companies fail to comply with state and federal notification laws.
Sills on Data Breach Preparedness
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Lathrop's Bandlow on Liability from Social Media
Lincoln Bandlow, Esq., of Lathrop & Gage LLP spoke during the "Social Media Maze: Liability in Behavioral Advertising and Social Media" session during the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum, hosted by HB Litigation Conferences in Philadelphia on June 9, 2011. Bandlow described what kinds of liabilities can arise from postings on social media sites and blogs and what kinds of cases he's seeing in his practice.
Lathrop's Bandlow on Liability from Social Media
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Kroll's Prendergast on Data Breach Preparedness
Rick Prendergast of Kroll Fraud Solutions spoke at the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum, hosted by HB Litigation Conferences in Philadelphia on June 9, 2011 and explained why many companies are re-thinking their data breach preparedness. He also described the forensics process once a breach has occurred.
Kroll's Prendergast on Data Breach Preparedness
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JetBlue's Garvin on Cyber Risk Policies
How does a large corporation take on the daunting task of creating an appropriate level of coverage for cyber breaches? What kinds of things can insurance brokers do to help the underwriting process run more smoothly? Lee Garvin, Director of Risk Management with JetBlue Airways answered these questions and spoke about the role of a corporate Risk Manager in creating response policies for cyber breaches during the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum, hosted by HB Litigation Conferences in Philadelphia on June 9, 2011.
JetBlue's Garvin on Cyber Risk Policies
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Neiditz on HIPAA HITECH and Breach Notification
Jon Neiditz, an attorney with Nelson Mullins Riley & Scarborough explained how the breach notification rules under the Health Insurance Portability and Accountability Act (HIPAA) differ greatly the state breach notification rules during the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum, hosted by HB Litigation Conferences in Philadelphia on June 9, 2011. He also spoke about how the credit card companies' new system for estimating losses will affect the cyber-risk industry and more.
Neiditz on HIPAA HITECH and Breach Notification
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Assistant AG Nielsen On State Breach Notification Laws
Christine Nielsen, Assistant Attorney General for the State of Illinois brought the perspective of a state agency to a lively discussion of breach notification laws during the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum, produced by HB Litigation Conferences in Philadelphia on June 9, 2011. Nielsen talked about how breaches are investigated under her state's law and how many smaller companies are still unaware of their breach notification obligations.
Assistant AG Nielsen On State Breach Notification Laws
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Sotto on State and Federal Cyber Risk Law
What is happening at the state level regarding Cyber-Risk laws? "Everything," said Lisa Sotto of Hunton & Williams during the "Regulatory Session—State and Federal Laws" at the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum, produced by HB Litigation Conferences in Philadelphia on June 9, 2011. Sotto also said that federal enforcement has stepped up tremendously in recently years.
Sotto on State and Federal Cyber Risk Law
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Proskauer's Mathews on Liability Flowing from PCI
Kristen Mathews of Proskauer Rose, LLP spoke at the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum, produced by HB Litigation Conferences in Philadelphia on June 9, 2011, and explained who holds the responsibility for losses incurred by a data breach and what that party can do in the case of a data breach.
Proskauer's Mathews on Liability Flowing from PCI
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Proskauer's Mathews on the Duty to Notify and State Breach Laws
The recent Epsilon data breach presents an interesting case, as the company was not required to notify the public, but did so anyway. Kristen Mathews of Proskauer Rose, LLP explained why, and also provided commentary on state laws pertaining to data breaches, at the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum, hosted by HB Litigation Conferences in Philadelphia on June 9, 2011.
Proskauer's Mathews on the Duty to Notify and State Breach Laws
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ID Experts' Henley on Cyber-Breach Response Plans
Jeremy Henley, Executive Sales Manager of ID Experts explained at the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum, hosted by HB Litigation Conferences in Philadelphia on June 9, 2011, why companies should be sure to have a well-written and thorough response plan created in advance in case a cyber breach occurs. Henley also spoke about what kinds of questions and requests he is experiencing currently from his clients.
ID Experts' Henley on Cyber-Breach Response Plans
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Blue Cross Blue Shield's Yozzi On Cyber-Risk Policies
Renee Yozzi, Risk Manager for Blue Cross Blue Shield of NJ spoke at the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum, hosted by HB Litigation Conferences in Philadelphia on June 9, 2011. Yozzi talked about the process that her company went through when purchasing its cyber-risk policy and what other brokers and risk managers can learn from her experience.
Blue Cross Blue Shield's Yozzi On Cyber-Risk Policies
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