Understanding Cybersecurity Risk Management and Due Diligence
Seminar Code: SBL161213
CLE Credit: 1.0 Hours
About the Program:
Recovering from a data breach or other cyber attack can result in financial hardship to any business. According to a 2014 National Small Business Association survey, the number of small businesses respondents who suffered a cyber attack grew to 50% and associated losses more than doubled to $20,752. This figure is now closer to $50,000, with attacks becoming more sophisticated and targeted. Cyber-related attacks have become an expensive reality and, unfortunately, are not going away anytime soon. It is, therefore, imperative that small and middle market businesses take the necessary steps to mitigate these risks and conduct appropriate due diligence to be obtain reasonable comfort that their business partners, vendors and customers are also following appropriate cyber practices. The implementation of best practices, sound risk management and due diligence practices and cyber insurance are ways that small and mid-sized businesses can defend against and temper the effects of a data breach. The presentation will explore this subject and provide insight as to how a business lawyer can add value for clients.
The panelists will be W. Bruce Murray of Peoples United Insurance Agency, Kevin Violette of RT ProExec, a specialty insurance wholesaler with a focus on cyber liability insurance, James Kennedy of The Network Support Company, which designs, builds, maintains, and secures computer networks, Joseph Arcata, Esq. of Halloran & Sage’s cyber practice group, and Henry Beck, Esq. of Halloran & Sage
Cost: $38.00 (includes dinner and 1.0 Hours of CLE Credit*)
*This meeting offers 1.0 hours of New York and Connecticut CLE Credit. Attendees must sign in and out with the time to get CLE credit and for the credit to be automatically logged to your Professional Development Journal.
Download Registration Form
Download Meeting Notice