Cyber Liability Archives

20 03, 2023

The Crazy World of Crypto
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The Crazy World of Crypto

@PLUS, Cyber, Webinars

The Crazy World of Crypto

By PLUS|2023-03-20T08:20:16-05:00March 20, 2023|@PLUS, Cyber, Webinars|0 Comments

The Crazy World of Crypto: The FTX Debacle, (Lack of) U.S. Regulatory Oversight of Crypto Markets, “Silent Crypto” Insurance Exposure With the emerging risk of crypto, it is important for the insurance market to better understand this risk. This webinar will provide background on Bitcoin and Blockchain and the fall of FTX3 and an overview of the regulatory landscape for crypto markets and the insurance risks that can affect a variety of professional liability policies including directors and officers, accountants, cyber and commercial crime policies. Attendees will gain a better understanding of crypto technology and the potential risk exposures under [...]

2023 PLUS Symposium Series Break Attendance Records

By PLUS|2023-03-03T13:54:00-06:00March 1, 2023|@PLUS, Cyber Liability Symposium, D&O, D&O Symposium, EPL Symposium, Transactional Risk, Transactional Risk Symposium|0 Comments

The Professional Liability Underwriting Society recently held its Symposium Series in New York at the Marriott Marquis Times Square. This annual event this year consisted of four educational events over the course of 3 days focusing on D&O, Cyber, Employment Practices Liability, and Transactional Risk. This year’s Symposium Series was the largest PLUS event ever with over 2,100 PLUS members in attendance across the 4 events. Attendees came from 38 states and more than 14 countries. With almost 1,100 in attendance, this year’s D&O Symposium was the largest since 2016. The Cyber Symposium sold out the week before the event [...]

The Importance of Cybersecurity Due Diligence in M&A Transactions

By PLUS|2022-12-14T09:27:51-06:00December 19, 2022|@PLUS, Cyber, M&A, Transactional Risk|0 Comments

Mergers and acquisitions give organizations the potential to increase capabilities, diversify offerings and expand market share, but they also present considerable risks. And while companies usually review financial, strategic, legal and operational details before completing an M&A transaction, another important concern is often overlooked: cybersecurity. When organizations don’t complete a detailed cyber evaluation of target companies before a merger or acquisition, it creates an unnecessary risk – one that can result in significant financial and legal challenges. A data breach could not only threaten a company’s business assets and functions, but also could lower its profits, market value and brand [...]