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05/23/2024 - Are You and Your Clients Paying Enough Attention to Cyber-Risk?
Business Law Section
Credit(s):
1 Participatory MCLE Credits
1 Technology in The Practice of Law
Awareness Over Knowledge: Equip yourself to converse effectively with your clients about the intricacies of cyber risk. While deep technical knowledge might not be required to have a meaningful discussion with a client, having a heightened sense of awareness of the issues is indispensable.
Current Cybercrime Trends and Threats:Gain insights into the present landscape of cybercrime. Understand the specific challenges and threats your clients may be up against.
When Things Go South: A Dual Perspective:
From an IT Security Lens: Scott, our IT Security expert, will shed light on common vulnerabilities and overlooked loopholes in cyber protocols.
Through the Insurance Prism: Natalie and Yaniv will provide the insurance professionals' perspective to help you understand the insurer's viewpoint on risk assessment, claim processing, and the nuances of policy coverage and interpretation.
Cyber vs. Traditional Insurance: Delve into the distinctions and overlaps between cyber insurance and other non-cyber insurance policies such as general liability, property, and crime policies. Get a grasp of why and how they should be treated differently, and where the edges of coverage live and overlap.
TheEver-Changing Insurance Terrain:The cyber insurance industry is in a constant state of flux. Unpack the dynamics of this change, from evolving policy structures, fluctuating premiums, to the introduction of sub-limits. Recognize how these modifications can impact your clients and what you can do to stay informed and adaptive.
End your hour with us more enlightened, equipped, and ready to guide your clients through the murky waters of cyber risk and insurance. Ensure they, and you, aren't just protected, but prepared.