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Cyber Insurance and Corporate Governance: Facing New Threats

April 2, 2015 @ 5:00 am - 7:30 pm

The Center on Law and Security and the Sloan Cyber Security Lecture Series

Thursday, April 2, 2015 at 9:00am – 11:30am

Attend in person or watch online. Admission is free.

1 CLE New York credit awarded for onsite attendance. This transitional program is approved for both newly admitted and experienced attorneys in New York.

Cyber Insurance and Corporate Governance: Facing New Threats

Thursday, April 2nd, 2015, 9:00am – 11:30am
NYU Polytechnic School of Engineering, Pfizer Auditorium
5 MetroTech Center
Brooklyn, NY

Distinguished Lecturer:

  • Peter D. Hancock, President and CEO of AIG

Distinguished Panelists:

  • Joseph V. DeMarco, Partner, DeVore & DeMarco LLP NYC
  • Tim Finan, Senior Cybersecurity Strategist and Counsel, US Department of Homeland Security
  • Cameron F. Kerry, Ann R. and Andrew H. Tisch Distinguished Visiting Fellow, Brooking Institution
  • Randal S. Milch, Executive Vice President, Strategic Policy Advisor, Verizon

Introduction:

  • Zachary K. Goldman, Executive Director, Center on Law and Security, NYU School of Law

Opening Remarks:

  • Gus Coldebella, Partner, Fish & Richardson

Moderator:

  • Judith H. Germano, Senior Fellow, Center on Law and Security and Adjunct Professor of Law, NYU School of Law

While fears of “Cyber Pearl Harbors” dominate headlines, many of the most costly cyber attacks are better characterized as acts of theft, jeopardizing some of the most valuable assets US companies possess. With intrusions targeting vulnerable intellectual property and the personal information of millions, US corporations have struggled to build adequate corporate governance frameworks to manage risk in the face of cyber breaches. While insurance generally plays a critical role in corporate risk management, serious obstacles stand in the way of creating a robust cyber insurance market. Today, company executives confront many difficult questions: Should corporations collaborate closely with government to investigate cyber incidents? How should companies navigate inconsistent demands of proliferating cyber security regulators and civil litigants? How can we manage the rapidly expanding liability landscape successfully? In this sixth Sloan Cyber Security Lecture, Peter Hancock, President and CEO of AIG, together with a panel of cybersecurity experts, explore how we might improve our ability to protect against the mounting losses from breaches. Is there a role for the insurance market in helping companies create a sophisticated cybersecurity risk management framework? What are the most intractable obstacles in the development of robust cyber insurance options? And how might the insurance industry collaborate with other risk management options to form a comprehensive approach to cyber threats?

Learn more about this event at engineering.nyu.edu/sloanseries.

This event offers 1 CLE New York credit for onsite attendance. This transitional program will be approved for both newly admitted and experienced attorneys in New York.

Participate in the conversation using #ReducingCyberRisk. Follow @CyberLecture to keep up-to-date on this event.

We look forward to having you in the audience. Please feel free to share this event with others who may be interested in attending.

CLE material:

This event is being co-sponsored with the generous support of

AIG, Verizon, and DeVore & DeMarco LLP.

In Collaboration with:
NYU Polytechnic School of Engineering

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