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Cybersecurity Risks and the Apportionment of Liability: What Your Firm Should Be Aware Of in 2017

Privacy Law CLE

Cybersecurity Risks and the Apportionment of Liability: What Your Firm Should Be Aware Of in 2017

Live Webcast Date: Tuesday, March 28, 2017 at 3:00 pm - 4:00 pm (ET)
Privacy LawRecording

The proliferation of internet-based technology, along with other significant advancements, has remarkably increased the security risks and threats faced by many companies and users in various industries. In order to avoid such risks, companies need to strictly monitor and develop advanced analysis of the transmission and transactions of data and establish a robust cyber defense strategy.

In this Webcast a seasoned panel of thought leaders and cybersecurity professionals brought together by The Knowledge Group will provide the audience with an in-depth discussion of all the important issues in Cybersecurity Risks and Apportionment of Liability. Speakers will go beyond the basics and present practical tips and strategies in order to avoid risks, legal challenges and unwanted costs. 

Key topics include:

  • Cybersecurity Risks in the 2017 Landscape
  • Cybersecurity Insurance
  • Apportionment of Liability
  • Violations, Costs, and Legal Challenges
  • Cybersecurity Regulations and Risk Mitigation Strategies
  • Recent Trends and Developments

Who Should Attend

  • IT Lawyers
  • Privacy and Data Security Lawyers
  • Compliance and Risk Professionals
  • Chief Information Officers
  • Chief Security Officers
  • IT Security Officers
  • Cyber Security Professionals
  • Privacy and Data Security Professionals
  • Public, Private, and Multinational Corporate Officers
  • Consultants and Other Interested Professionals

Faculty

Matt Sorensen

Matt Sorensen
Attorney
Holland & Hart LLP

Romaine Marshall

Romaine Marshall
Partner
Holland & Hart LLP

Click Here to Read Additional Material

Matt Sorensen, Attorney
Holland & Hart LLP

Romaine Marshall, Partner
Holland & Hart LLP
  • Set the Stage
    • How Hacks Happen
      • The Human Factor
        • Phishing
          • Ransomware
          • Malware Installation
          • Stolen Credentials
          • Keyloggers
          • Backdoors
        • Storing Data Where They Shouldn’t
          • Public Settings on Google Docs
          • GitHub code with credentials and encryption keys
        • Social Engineering
        • Losing Data Storage Devices & Laptops
      • Old Unpatched Systems
        • Exploit code
      • Coding Mistakes
      • Configuration Mistakes
  • Who bears what risk?
    • Scenarios:
      • Company is hacked, losing sensitive data of consumers, patients, customers, etc.
      • A third-party service provider is hacked, losing data belonging to the consumers, patients, customers, etc. of a B2B customer.
      • Not covering: A government entity is hacked, losing sensitive data of citizens.
    • Risks:
      • Outsourced services, SAAS, Data Processing
        • Look at the contract
          • Indemnity
          • SLA
          • Notification Periods
          • You can’t contract away notification duties
            • Vendor notifies you, you notify your customers
      • Cyber Insurance
        • First Party coverage vs. Third Party coverage
        • Coverage limits, retention amounts
      • Cost of incident response, incident investigation and containment, eradication, and restoration of services
        • can transfer via insurance subject to limits, retention, exclusions, etc.
      • Cost of notification
        • Data owner, the entity collecting the data in the first place, even if your third-party provider was breached, not you
        • Can transfer this cost through insurance
      • Cost of responding to legal challenges
        • Both the breached entity AND a B2B customer of that breached entity bears the cost of defending itself against:
          • Types of Civil Claims:
            • Negligence
            • Failure
          • Regulatory Actions
            • Civil Investigation Under Regulatory Powers
            • Civil Investigative Demands
              • Discovery very similar to civil lawsuit: document and email review and production
            • Consent Agreements
        • A customer of a breached entity may also bear the cost of defending
      • Cost of reputation, brand value
        • The
        • market cap, deal value
      • Cost of post-incident changes, improvements

Matt Sorensen

Matt SorensenAttorneyHolland & Hart LLP

Matt is a Certified Information Systems Security Professional (CISSP) and Certified Information Privacy Professional in both the United States and Europe (CIPP/US and CIPP/E), focusing his practice on domestic and international data privacy and cybersecurity law.

Matt uses his fifteen years of experience as an information security professional to advise companies across industries on data breach prevention, cyber-attack preparedness, information governance, regulatory compliance, and incident management. In addition to his CISSP, CIPP/US and CIPP/E certifications, he holds fifteen professional certifications in data security and privacy.

Clients benefit from Matt’s combined legal experience and strong technical background. He has held various information risk management and audit roles, advising businesses in the financial, technology, health care, non-profit, and legal industries.

Romaine Marshall

Romaine MarshallPartnerHolland & Hart LLP

Romaine is a litigation and trial attorney. He represents and counsels clients on how to avoid the business expense and disruption of litigation and trial through settlement, pretrial dispositive relief, and other dispute resolution options. He helps clients refine complex technical and legal issues into comprehensive strategies to protect sensitive information. He ensures that clients comply with federal, state, and international regulations and helps them develop robust cyber incident response plans. In the event of a data breach, he represents clients in litigation and regulatory investigations.

Romaine also helps clients navigate data and technology-driven business environments, and develop solutions to business continuity challenges. He serves a variety of client types, from the well-established to the startup, from the locally-owned and operated to the multinational with a determination to solve complex problems effectively and efficiently.

Course Level:
   Intermediate

Advance Preparation:
   Print and review course materials

Method Of Presentation:
   On-demand Webcast

Prerequisite:
   NONE

Course Code:
   145982

NASBA Field of Study:
   Information Technology - Technical

NY Category of CLE Credit:
   Areas of Professional Practice

Total Credit:
   1.0 CLE

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About the Knowledge Group

The Knowledge Group

The Knowledge Group has been a leading global provider of Continuing Education (CLE, CPE) for over 13 Years. We produce over 450 LIVE webcasts annually and have a catalog of over 4,000 on-demand courses.

About the Knowledge Group

The Knowledge Group

The Knowledge Group has been a leading global provider of Continuing Education (CLE, CPE) for over 13 Years. We produce over 450 LIVE webcasts annually and have a catalog of over 4,000 on-demand courses.

LogRhythm, a leader in security intelligence and analytics, empowers organizations around the globe to rapidly detect, respond to and neutralize damaging cyber threats. The company’s award-winning platform unifies next-generation SIEM, log management, network and endpoint forensics and advanced security analytics. In addition to protecting customers from the risks associated with cyber threats, LogRhythm provides innovative compliance automation and assurance, and enhanced IT intelligence.

Website: LogRhythm

With over 500 attorneys located in 16 offices, we stand prepared to assist clients on a wide range of matters. Clients hire Holland & Hart because we have the resources, knowledge, and hands-on experience to advise them on both day-to-day business matters and unique legal circumstances in the most efficient and responsive manner. We offer a client-driven culture with service that is personalized, responsive, and innovative. 

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Website: https://www.hollandhart.com/

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