Recent news of “Collection 1”, a cache of sensitive data now appearing for sale on the dark web and comprised of an astonishing 773 million records, is a grim reminder of the scope of cyber perils for most.  Last year’s staggering tally of serious data breaches and theft coupled with a spate of new legislation for companies gathering, hosting and selling consumer data means policyholders must rise to the challenge.  New state legislation compounds an already daunting federal and international regulatory landscape, and regulatory compliance will be a must to deal with the attendant fines, penalties and consumer claims that non-compliance can trigger.  New technology also continues to drive the evolving conversation about the legal relationships between parties transacting business electronically.  Risks range from anonymity that raises jurisdictional and collection issues to “immutable” record keeping that creates a permanent, public record of transactions.

These risks can be – and are being – addressed by insurance coverage.  The extent of coverage and success in pursuing claims can vary widely. Skillfully linking insurance coverage with technology risks is key to understanding whether an organization will have insurance protection should the unthinkable happen.  Presenters this year will review these risks, the technologies that companies need to think about, and the types of policy lines and terms that may be best suited to offer protection.  Please join us for an up-to-the-minute review of high-tech risks and insurance coverage.

CLE CREDITS:

NY CLE:  2.0 PP credits
NJ CLE:  2.2 general credits
PA CLE:  1.5 substantive credits
CA CLE:  1.5 general credits

This program is approved for both newly admitted and experienced attorneys