Doing Business Abroad: Conflicting Security and Compliance Obligations in and Across Varying Jurisdictions, Trends in International Claims for Cyber Attacks and Breaches, and Market Conditions and Cyber Insurance Product Availability Outside of the U.S.

March 23, 2015 5:45pm

Robert A. Parisi Jr.
Managing Director
Marsh FINPRO

Norma M. Krayem
Principal Global Co-Chair, Data Protection and Cybersecurity
Squire Patton Boggs (US) LLP

Marcello Antonucci
Claims Manager
Beazley

Dawn Simmons
National Practice Leader for Cyber | Professional Risk Division
Crum & Forster

  • Globalization and implications for data privacy & security
  • Impact of the Snowden revelations abroad
  • Overview of privacy regulation in key foreign markets
  • Existing EU data protection regime
  • Draft EU Regulation – status
  • Expanded extraterritorial effect and increased fines
  • New privacy rights and damage claims
  • New data breach notification obligations
  • Anatomy of a data breach affecting multiple jurisdictions
  • Special concerns regarding compliance and liability for companies with overseas operations
  • Managing multinational data breach incident response
  • Geographic scope of cyber coverage for US-based companies
  • Availability of cyber insurance policies outside the US
  • Forecast for first & third-party cyber risk coverage abroad