Cyber Liability Insurance Seminar Overview In today’s digital age, technology has become integral to the functioning of every enterprise, regardless of size. Many organizations believe their current security systems, firewalls and anti-virus programs will provide them sufficient protection against cyber exposures and liability risks. Unfortunately, hacker attacks are on the rise worldwide, with even the most secure enterprise systems being found vulnerable. As cyber criminals becoming increasingly sophisticated and global in nature, every organization at some point in time will face the financial loss and/or reputational damages associated with an IT security breach, business extortion, network interruption or leak of sensitive customer information. This Seminar aims to outline the key cyber exposures facing businesses regionally, including steps in risk mitigation and the insurance solution. Agenda •
Cyber Risks Background & Market Overview
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Claims Trends
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Legal Framework & Company Cyber Exposures
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Managing Cyber Risks
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Cyber Liability Insurance – The Insurance Solution
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Product Structure, Definitions and Coverages
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Key Underwriting and Pricing considerations
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Questions / Open Discussions
“There are only two types of companies: those that have been hacked, and those that will be...” Robert Mueller, FBI Director - 2012
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