Important Cybersecurity and Insurance Issues Facing Law Firms, Large and Small, in 2016
1 PM GMT
Law firms are targets for cyber mischief. Criminals know law firms possess large troves of precisely the kind of data that they seek: protected personal data and sensitive corporate data – together with, at least potentially, relatively lax cyber security as compared with their clients. Cyber insurance can play a vital role in a law firm’s overall strategy to address, mitigate, and maximize protection against cyber risk. And understanding the legal, regulatory and ethical framework is key.
This panel of experts will address:
· What are the “cyber” related exposures and liabilities faced by law firms arising from the online retention and dissemination of sensitive client and employee information:
· What are the state, federal and ethical rules, laws and regulations surrounding law firm cybersecurity and network security risks, and date privacy-related issues?
· What types of insurance coverage should law firms purchase to address cyber liability and network security risks, and where are the potential coverage gaps?