The Latest on Cyber Oversight Needed at the Board Level and Trends in Cyberbreach-Related D&O Cases (Public and Private)

July 27, 2016 11:05am

Thomas H. Bentz
Partner D&O and Management Liability Insurance Team
Holland & Knight LLP

Eric C. Scheiner
Sedgwick LLP

Jacqueline A. Waters (Urban) Esq.
Managing Director & Practice Leader
Aon Risk Solutions, Financial Services Group

  • Handling cyber business interruption and cyber operational risks
  • Understanding at the board level what those operational risks are
  • Management procedures for preventing and addressing consequences when they do happen
  • Ensuring adequacy of a company’s cybersecurity measures
  • What is the board’s role in cybersecurity
  • Tracing the evolution of board oversight
  • Where are we today?
  • What does board preparedness mean for D&O underwriting and claims?
  • Predicting where the issues may arise and helping clients understand where the risks are
  • What types of cover are out there?
  • What are the limits of liability?
  • Which policy responds and how?
  • The potential for a significant wave of derivative and class action suits stemming out of cyber breaches
  • SEC’s focus on cybersecurity and cybersecurity disclosures