A pre-recorded streaming video replay of the March 2019 webcast, What Attorneys Should Know About Cyber Risks: Ethical Duties to Prevent Them, and What a Good Cyber Insurance Policy Will Do to Cover Them.
Topics Covered
- Examine the different types of cyber risks and the latest legal trends affecting data privacy and security
- Understand the ethical requirements to protect client data
- Learn cybersecurity prevention strategies
- Find out how cyber liability insurance can help mitigate a law firm’s risks
Major cybersecurity attacks are increasingly common and sophisticated, affecting large and small firms alike. Law firms are particularly prized targets for cybercriminals. The potential impact of a coordinated attack on a firm, its brand, and its clients' trust is significant, regardless of whether an attack results in data breaches or data theft. Cybersecurity against today’s threats requires full attention and engagement across the firm, including its affiliates, suppliers/vendors, and professional companies, such as law firms, extending well beyond the realm of IT.
This seminar will address the key cyber risks from the perspective of an insurance attorney and an expert who specializes in this field. It will focus on an attorney’s duty of competency under Rule 1.1, duty of confidentiality under Rule 1.6, and duty to communicate under Rule 1.4, while discussing cybersecurity prevention strategies to help mitigate a law firm’s risks for inadvertent disclosure of confidential information, in addition to legal and ethical requirements and best practices to stay ahead of emerging threats. The program will also discuss cyber insurance and how it can help mitigate the risk and the potential gaps in coverage in the event there is a breach.