Video: Data Breach Liability Part 1

One of the panels presented during the HB NetDiligence® Cyber Risk and Privacy Liability Forum held June 7 to 8, 2010, in Philadelphia was titled "Data Breach Liability: An Unstable Legal Environment." In this clip, the first of two, you can hear an excerpt of the group's discussion...

Video: Foster Of Willis N.A. On Cyber Security Risk Management

Peter Foster, Senior Vice President at Willis North America, spoke at the HB NetDiligence® Cyber Risk and Privacy Liability Forum held June 7 to 8, 2010, in Philadelphia, on "Cyber Security and Privacy Liability Concerns: The Risk Managers Speak." For more information about the program...

Video: Willis N.A. And CBIZ Speakers Address Cyber Risks

Peter Foster, Senior Vice President at Willis North America, spoke at the HB NetDiligence® Cyber Risk and Privacy Liability Forum held June 7 to 8, 2010, in Philadelphia. He was joined on the panel by Art Boyle Sr., formerly with H&R Block and now with CBIZ Inc. Hear what they had to say during...

Video: NetDiligence Founder Mark Greisiger On Assessing Cyber Risks

Mark Greisiger is founder and president of NetDiligence® and led the HB NetDiligence® Cyber Risk and Privacy Liability Forum held June 7 to 8, 2010, in Philadelphia. His company is hired by insurers to assess policyholders' risks and vulnerabilities to cyber attacks and data losses. In addition...

Video: Chartis Security Director Sahni On Assessing Cyber Risks

Neeraj Sahni is Director of Security & Privacy at Chartis Inc. He spoke at the HB NetDiligence® Cyber Risk and Privacy Liability Forum held June 7 to 8, 2010, in Philadelphia. In this clip, he discussed assessing a company's risk, protecting its data, and the various ways a company's...

Video: Litigation Risks Presented By Data Breaches

How can companies protect themselves from litigation after a data breach? Jamie Sheller of Sheller P.C. in Philadelphia represents individuals allegedly harmed by the loss of private data. She is speaking at the second annual NetDiligence® Cyber Risk & Privacy Liability Forum, co-produced by...

Video: Immersion's Sakore On Post-Data Breach Challenges

Vinny T. Sakore of Immersion Ltd. is speaking at the Second Annual NetDiligence® Cyber Risk & Privacy Liability Forum June 9 to 10, 2011, in Philadelphia, co-produced by HB Litigation Conferences . Hear what Sakore had to say about the challenges companies face in the wake of a data breach. ...

Insurance Coverage for Denial-of-Service Attacks

By Scott Godes, Counsel, Dickstein Shapiro LLP It seems that 2011 has been the year of cyberattacks - denial of service attacks, data breaches, and more. Would your insurance policies cover those events? Beyond the denial of service attacks that made news headlines, a shocking "80 percent of...

CA: Possible Data Breach Reported and Contained for 300,000 Individual Records at Southern California Medical-Legal Consultants

Southern California Medical-Legal Consultants, Inc. (SCMLC) has announced that electronic files containing the names and social security numbers of approximately 300,000 individuals who have applied for California workers' compensation benefits have been exposed to unauthorized access. SCMLC is a...

Coverage for Cyber Risks

By Louis A. Chiafullo and Brett D. Kahn, Attorneys, McCarter & English, LLP In their article appearing in the May/June 2011 issue of Coverage , "Coverage for Cyber Risks," Louis Chiafullo and Brett Kahn first observe that the costs arising from data breaches are escalating exponentially...

Video: Illinois Assistant AG Nielsen On State Breach Notification Laws

Christine Nielsen, assistant attorney general for the State of Illinois, brought the perspective of a state agency to a lively discussion of breach notification laws during the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum , produced by HB Litigation Conferences in Philadelphia...

Video: Neiditz On HIPAA HITECH And Breach Notification

Jon Neiditz , an attorney with Nelson Mullins Riley & Scarborough , explained how the breach notification rules under the Health Insurance Portability and Accountability Act (HIPAA) differ greatly the state breach notification rules during the NetDiligence® 2nd Annual Cyber Risk & Privacy...

Video: JetBlue's Garvin On Cyber Risk Policies

How does a large corporation take on the daunting task of creating an appropriate level of coverage for cyber breaches? What kinds of things can insurance brokers do to help the underwriting process run more smoothly? Lee Garvin, Director of Risk Management with JetBlue Airways, answered these questions...

Video: Proskauer's Mathews On Liability Flowing From Data Breach Losses

Kristen Mathews of Proskauer Rose LLP spoke at the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum , produced by HB Litigation Conferences in Philadelphia on June 9, 2011, and explained who holds the responsibility for losses incurred by a data breach and what that party can do...

Video: Kroll's Prendergast On Data Breach Preparedness

Rick Prendergast of Kroll Fraud Solutions spoke at the NetDiligence® 2nd Annual Cyber Risk & Privacy Liability Forum , hosted by HB Litigation Conferences in Philadelphia on June 9, 2011 and explained why many companies are re-thinking their data breach preparedness. He also described the forensics...

Keller And Heckman LLP: Guide to Data Breach Preparedness and Response

Introduction The world of information technology has vastly expanded over the past few decades. Consumers can now shop online, pay bills, check bank accounts, and update information all with the click of a button. Information can be aggregated from different sources. Businesses manage global HR systems...

Data Security cyber liability USB Drive Locked

Measuring The Bull’s-Eye On Target’s Back: Lessons From The T.J. Maxx Data Breach Class Actions

“ Simply put, the class action vehicle is broken .” -- Judge William Young, Overseeing The T.J. Maxx Data Breach Litigation Once my wife believes something it is very difficult to change her mind. And if her mother agrees with her then look out. I could call in Socrates to speak with...

Target Directors and Officers Hit with Derivative Suits Based on Data Breach

I have frequently noted that among the many exposures a company experiencing a data breach could encounter is the possibility of a shareholder suit alleging that the company’s board breached their fiduciary duties by failing to take sufficient steps to protect the company from a breach and its...

The Target Data Breach: Some Preliminary Thoughts On Coverage; The Great Connecticut Coincidence; And The Real Insurance Impact

So far the focus of the Target data breach has been on its scope, how it may have happened, Target’s response and the various types of financial havoc that it could cause for the nation’s second largest retailer. But no doubt it won’t be long before insurance coverage becomes a front...

What This Country Needs Is a Good National Standard for Reporting Cyberattacks. At Least that’s What Attorney General Holder Says

In a video message, Attorney General Eric Holder called on Congress to create a strong, national standard for quickly alerting consumers whose information may be compromised by cyberattacks. Holder said that this legislation would strengthen the Justice Department’s ability to combat crime, ensure...

Just How Many Cyber Policies Are Floating Around Out There? (Not Nearly As Many As You Are Being Told)

Sometimes there are questions for which nobody knows the answer. And sometimes there are questions to which I know the answer but wish I didn’t – like how many Girl Scout Thin Mint cookies I ate last night. One question in the Tootsie Roll Tootsie Pop category is how wide-spread are cyber...

CGL And Data Breach: Taking A Different Approach Than – Is There Publication Of Material That Violates A Person’s Right Of Privacy?

Lately the coverage world has been abuzz over the New York trial court’s decision in Zurich American Ins. Co. v. Sony Corp. of America -- the first decision to address in earnest whether a commercial general liability policy provides coverage for the loss of a company’s customers’ personally...

Insurance Coverage for Data Breaches - What Every Business Needs to Know

By Michael R. Kelley . According to FBI Director Robert Mueller, "there are only two types of companies: those that have been hacked and those that will be…." Computer hackers stealing our personal information (social security numbers, bank accounts, addresses and phone numbers...

Vandeventer Black LLP: P:rimer On Virginia’s Data Breach Law: Part 1

By Christopher S. Colby Imagine that your laptop is stolen. Since you conduct all your business on it, you struggle to remember the last time you backed up your data, and agonize at the prospect of rebuilding weeks, months, and possibly years of files. As you contemplate the recovery of your business...