08/24/2011 09:06:00 PM EST
Video: Sills On Data Breach Preparedness
Many smaller companies make the mistake of not viewing data breaches as a "big deal" and don't have a plan in place in case one occurs, said Adam Sills, Vice President, E&O of Allied World Assurance Company, speaking at the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum, produced by HB Litigation Conferences in Philadelphia on June 9, 2011. Sills said that, as a result, many of these companies fail to comply with state and federal notification laws.