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Cyber Security and Cyber Insurance: What You Need to Know About the Looming Threats



Wednesday, December 12, 2012
Product Code - LGN78
Speaker(s): Collin J. Hite, Hirschler Fleischer, a Professional Corporation; Robert A. Parisi, Jr., Marsh, Inc.; Gary P. Schwartz, Rappahannock Electrical Cooperative; Marc Seay, Lockheed Martin
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Cyber security is a major risk to America’s businesses. Threats from thieves and foreign governments or terrorists are constant and ever-evolving. Every day there is a new data breach or threat. In already difficult economic times, managing this risk should be a paramount concern to companies as they strive to remain successful. One way to manage such risk is through insurance.

The faculty for this program will address the current cyber threats to the privacy and security of data as well as best practices that businesses are employing to address these threats. They will discuss what cyber insurance is available on the market, how it works in responding to losses, and how businesses are including such insurance in their overall risk management programs. As courts are currently grappling with insurance coverage for data and privacy losses, the faculty will discuss how courts are interpreting traditional and cyber insurance policies in the face of staggering losses.

Educational Objectives:

• Understand how companies face exposure for data and privacy losses.
• Learn the best practices being employed by corporations to protect themselves.
• Find out how cyber insurance works and is being used in corporate insurance programs.
• Understand insurance coverage issues for losses and how courts are interpreting “insurance” and “cyber insurance.”

Who would benefit from attending the program?

• In-house counsel and risk managers
• I.T. professionals
• Insurance brokers
• Outside private counsel

Program Level: Intermediate.

Credit Available: CLE. For more information, please click on the “CLE Credit” tab.

Collin J. Hite, Hirschler Fleischer, a Professional Corporation; Robert A. Parisi, Jr., Marsh, Inc.; Gary P. Schwartz, Rappahannock Electrical Cooperative; Marc Seay, Lockheed Martin

Collin J. Hite, Hirschler Fleischer, a Professional Corporation
Collin Hite is a partner with Hirschler Fleischer and serves as leader of the firm’s Insurance Recovery Group. He handles insurance recovery and coverage litigation nationally in the areas of business interruption, all risk, construction, business torts, products liability, directors' and officers' liability, employee dishonesty, intellectual property, environmental matters, and bad faith. He has written and spoken extensively on corporate insurance issues and is known as a Virginia “Super Lawyer.” Mr. Hite earned a B.A., cum laude, from Boston College and a J.D. from Southern Methodist University School of Law.

Gary P. Schwartz, Rappahannock Electric Cooperative
Gary Schwartz is the Director of Technology for Rappahannock Electric Cooperative, a Touchstone Energy Cooperative. He has 30 years’ experience working in the electric distribution utility field. Current responsibilities include management of information technology, telecommunications, and industrial control systems. Mr. Schwartz is actively involved with the U.S. Department of Energy’s (DOE’s) Smart Grid Investment Grant project, specifically with cyber security and grid communications.

Marc Seay, Lockheed Martin
Marc Seay is a program manager for Lockheed Martin. He has over 20 years’ experience in the regulated electric utility information technology field, delivering I.T. management, systems management, cyber security, and infrastructure management, as well as contract and project management. For more than 10 years, he has been responsible for delivering these services as part of a long term I.T. outsourcing agreement to one of the largest electric cooperatives in the United States. Mr. Seay earned a B.A. in Business Administration, magna cum laude, from Averett University and is an Oracle DBA Certified Professional.

Robert A. Parisi, Jr., Marsh, Inc.
Robert Parisi is a senior vice president and technology, network risk, and telecommunications specialist with Marsh. His current responsibilities include advising clients on issues related to technology, privacy, and cyber-related risks as well as negotiating with the carriers on terms and conditions. Prior to joining Marsh, Mr. Parisi was the senior vice president and chief underwriting officer (CUO) of eBusiness Risk Solutions at AIG. Mr. Parisi earned a B.A., cum laude, from Fordham College and a J.D. from Fordham University School of Law.

This program is CLE-credit eligible.

If you have further questions regarding a specific state or how to file for CLE credit, please contact Bloomberg BNA customer service at 800-372-1033 and ask to speak to the Legal and Business CLE Accreditation Coordinator.

Hardship Policy
Bloomberg BNA offers a hardship policy for attorneys earning less than $50,000 per year. If an attorney wishes to take advantage of this option, he or she must contact Bloomberg BNA directly. For attorneys who are unemployed or earning less than $35,000 per year, a full discount off the price of the program will be awarded upon written proof of hardship. Attorneys earning between $35,000 and $50,000 per year will receive a 50% discount off the price of the program. Any attorney working in the public service sector also qualifies for a special price. If you have further questions regarding the hardship policy or seek additional information, please contact Bloomberg BNA customer service at 800-372-1033 and ask to speak to Lindsey Pace, CLE Accreditations Coordinator, or email us at accreditations@bna.com.

Questions
For more information about Mandatory or Minimum Continuing Legal Education (MCLE) requirements, visit the American Bar Association website at http://www.abanet.org/cle/mandatory.html.