Cyber Insurance Recovery Tips

ISSA NoVa Risk Management Framework Lifeboat
ISSA NoVa Risk Management Framework Lifeboat
Public group

Every 2 weeks on Saturday

Marymount University - Balston Center

1000 N Glebe Rd · Arlington, VA

How to find us

Metro: From the Ballston-MU Metro Station, head west on Fairfax DR toward N Stuart ST. Walk for 0.2 mile. Cross N Glebe RD to the entrance. Driving: At the intersection of N Glebe RD and Fairfax DR. Underground parking costs $5 pay with credit card.

Location image of event venue

Details

NOTE START TIME -- 30 Minutes Earlier Than Normal -- 9am-11am.

Cyber insurance recovery tips your carrier does not want you to know
1. Cyber Insurance Flaws
2. Insurance Coverage
3. 2 promises:
4. Is your claim covered?
5. Cyber Insurance Coverage
6. “scared to death” of a cyber event?
7. Worthless Cyber Insurance
8. Policy examples
9. Insurance loopholes – War Exclusion
10. Litigate or lose
11. Cyber Insurance Flaws
12. Insurance loopholes- Regulatory
13. Insurance loopholes- Security considerations
14. An Introduction to Intellectual Property
15. 10 cyber insurance recovery tips
16. Beware - Cyber insurance is becoming a profitable niche industry
17. Thank you – Questions?

Once the surprise wears off, a newly-served defendant in a cyber risk or intellectual property suit will start wondering how to pay for mounting defense costs and the exposure to loss, including the opposing party’s legal fees should the plaintiff prevail.

A company’s intellectual property and cyber risk should never left to chance and be protected by the best insurance policy available. But how do we know what exclusions will make our policy worthless?

Unfortunately, insurance defense coverage for claims arising from intellectual property assets and cyber risk is sometimes considered only after a lawsuit has been commenced, and counsel requests payment for legal bills.

It is crucial that we understand insurance brokers have no clue about IP or cyber risk and we must review with our corporate counsel all acquisitions, divestments and new business activities to ascertain that more than adequate insurance is in place for intellectual property and risk exposures to avoid being sued for infringement or be caught unaware from ransomware or other cyber loss.

We very fortunate to have Sondra J. Schneider, President, Security University, "Center for Qualified CyberSecurity Excellence & Mastery" agree to present. Sondra Schneider is a 30-year information security industry veteran. After selling her first information security practice (IFSec) in 1999 to Price Waterhouse Coopers, Sondra founded Security University (SU). Sondra is also a Senior Board member of Security University Testing (SUT) that owns the Q/ISP, Q/IAP, Q/WP, Q/SSE and Q/CND Qualified /Certificate Programs of Mastery.

You may view Sondra'a extensive biography at URL: https://drive.google.com/file/d/1pDYpTU5GU1xOgLm3ij8W9NCdvixp46jt/view?usp=sharing

NOTE THE LOCATION : Marymount University Ballston Center, 1000 N. Glebe Road, Arlington, Virginia. Here are instructions On How To find the location and our room there.

DRIVING: At the intersection of N Glebe RD and Fairfax DR. Underground parking costs $5 and must be paid using credit card. Turn off Fairfax Drive across from the Holiday Inn Arlington At Ballston. Almost immediately, turn right at the corner of their building at 1000 N. Glebe Road. There are Marymount University signs on the drive down parking entrances are on the right.

HOW TO FIND OUR ROOM: Go to lobby and take the elevator to 2nd Floor. Turn to your left to another elevator to third floor. Follow signs to the assigned room that will be determined by number of people who RSVP.

Besides earning Professional Development Units (PDUs) for participating our RMF LifeBoat ISSA Education Group meeting, we all receive the encouragement and help we need for our cyber security professional growth. The friendly interactive presentations by our members of the meetup always lead to lively respectful discussions. Members always take away information that they that can be applied on the job in the following weeks! In additional our LifeBoat group meetings provide opportunities for the all-important professional networking. If you have a vexing problem, share with like-minded security professionals. They may have already successfully developed a way forward to resolve it.