Privacy and Security Issues Related in the Finance Industry Including Examining the Emerging Trend with Biometrics, NY’s Cybersecurity Regulation, and Data Breaches

July 25, 2017 12:10pm

Marcel C. Duhamel

Vorys, Sater, Seymour and Pease LLP

  • Trends associated with biometric litigation
    • fingerprint and retina scans in the place of PIN
  • What are banks doing in terms of investing in this type of research and development
  • Il Biometric Act
  • Assessing new and emerging cybersecurity and data privacy threats to the consumer financial services industry
  • How data breaches are impacting financial services companies
  • Assessing the importance of third-party risk management and oversight in light of cybersecurity and data privacy concerns
  • Best practices for outside counsel and law firms regarding how they manage personally identifiable information (PII)
  • Potential for law firms to face liability arising from data breaches and cyber attacks
  • Cyber insurance considerations for financial services companies and law firms
  • Status of coverage claims arising from cybersecurity flaws and data privacy breaches
  • Assessing the coverage gaps
  • NY’s First in the Nation Cybersecurity regulation