Written by Heidi Lawson, CPCU and Danny Harary “Cyber liability insurance” is often used to describe a range of insurance policies, in the same way that the word cyber is used to describe a broad range of information security related tools, processes and services. Everyone is talking about the need for “stand alone” cyber liability… Continue Reading
Tag Archives: Board of Directors
Calling All Boards of Directors: Four Recommendations from the SEC
Posted in Cyber Risks Boardroom Series, Cybersecurity, Privacy RegulationWritten by Adam Veness SEC Commissioner Luis Aguilar recently spoke at the New York Stock Exchange Conference “Cyber Risks and the Boardroom.” In his speech, Commissioner Aguilar emphasized the importance of cybersecurity and how fast the need for cybersecurity has grown in such a short time period, pointing out that U.S. companies experienced a 42%… Continue Reading
Cyber Risks for the Boardroom Part 2: Why Corporate Directors Should be Concerned About Data Security Breaches
Posted in Cyber Risks Boardroom Series, Cybersecurity, Data Breach, InsuranceAll this week, we are featuring a series “Cyber Risks – Director Liability and Potential Gaps in D&O Coverage” Part 2 of 5: Why Directors Should Be Concerned Written by Heidi Lawson and Danny Harary A data breach is not a unitary or self-contained event. The fallout from a breach could impact the directors as… Continue Reading
And on the 12th Day of Privacy, something for directors…..Mind the Gap!
Posted in Cybersecurity, Data BreachOn our last “day of Privacy”, we have a little extra (perhaps a lump of coal….) post: in 2014, cyber risk has been elevated to a board issue – read on and forward to your favorite company director! Written by Heidi Lawson, CPCU As we have discussed throughout this series, there is a whole universe… Continue Reading
BOSTON: Join Us for “Cybersecurity: It’s Not Just for IT Anymore”
Posted in Class Action Litigation, Cybersecurity, Data Breach, Data Compliance & Security, Privacy Litigation, Privacy Regulation, SecurityIf you are in the Boston area (or will be on September 26), please join us for an afternoon discussion on cybersecurity and the growing risk to corporate directors. It’s no longer just the purview of a company’s IT or compliance personnel. Cybersecurity needs to be elevated to boardroom discussion and this seminar will cover what… Continue Reading
Apple Shareholders Request Information From Board on Privacy/Security Risk
Posted in Data Breach, Data Breach Notification, Data Compliance & SecurityWritten by Amy Malone This week, Apple shareholders requested that its Board of Directors publish a report explaining how the board oversees privacy and data security risks. The proposal, which is available here, was prompted by concern that recent issues such as the unauthorized access to iPhone users’ address books and the release of one… Continue Reading