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Cyberinsurance: Necessary, Expensive and Confusing as Heck


Level: Advanced
Runtime: 62 minutes
Recorded Date: May 22, 2018
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Agenda


  • Cyberinsurance Overview
  • Notable Cyber Breaches
  • First and Third Party Coverages
  • Market Challenges
  • Potential Pitfalls
  • GDPR Coverage
  • Important Questions to Ask
  • Cyber risk in the Courts
  • Questions and Answers
Runtime: 1 hour
Recorded: May 22, 2018
For NY - Difficulty Level: Experienced attorneys only (non-transitional)

Description

It seems like a new data breach occurs every week. Although you already have insurance, don’t be fooled into thinking that your general liability coverage protects you from a cyber incident. Cyberinsurance can cover the destruction or theft of your confidential client information—but do you really need it?

Take this program to learn more about cyberinsurance from our esteemed faculty.

This program was recorded on May 22nd, 2018.

Provided By

American Bar Association
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Panelists

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Judy Selby

Partner
Kennedys Law LLP

Judith Selby is a partner in the firm’s New York office. Focused primarily on insurance coverage matters, Judy represents clients in all phases of large scale, complex first and third party insurance issues. She has extensive experience handling insurance coverage trials in the U.S. and international arbitrations in London.

Judy's practice concentrates on coverage for exposures arising out of emerging technology, digital, and compliance risks. She serves as coverage and monitoring counsel for cyber insurers and also counsels insurers on cyber insurance product development, policy wordings, and silent cyber issues.

Judy’s experience includes coverage opinions, all phases of coverage litigation through trial and appeal, and international arbitrations involving environmental, toxic tort, cyber/privacy, BIPA, TCPA, business interruption, bad faith, pharmaceutical products, and COVID-19 exposures. She also provides insurance due diligence advice in connection with mergers and acquisitions, run offs, and adverse development cover transactions.

Judy was named as a 2021 Insurance Trailblazer by the National Law Journal and won JD Supra 2021 Readers’ Choice Awards in Insurance (number 1) and Cybersecurity (top 10) and was a finalist for the 2015 CLM Outside Professional of the Year award. She has been an invited speaker at prominent industry conferences on privacy, cyber, and related insurance issues, and she is frequently featured in various publications, including the Wall Street Journal, Fortune, Forbes, and Law360. Judy also has also authored three eBooks: A Closer Look at Cyber Insurance, Demystifying Cyber Insurance, and Big Data for Business Leaders.

Judy has completed advanced courses at the Massachusetts Institute of Technology (MIT) and Harvard Business School in the areas of big data, crisis management/business continuity, cybersecurity, the Internet of Things (IoT), and finance, as well as courses in cloud computing and the Data Protection Officer (DPO) role under the GDPR.


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