Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  ·...

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1 Cyber Security: The Growing Liability of Handheld & Mobile Devices

Transcript of Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  ·...

Page 1: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

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Cyber Security: The Growing Liability of Handheld & Mobile Devices

Page 2: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

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About Advisen: Advisen Ltd. is a privately-owned, independent and unbiased provider

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Advisen’s mission is to deliver productivity and insight to

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insurance industry functions. Our customers leverage the Advisen

platform, adding power to their proprietary ability and bringing

value to their clients.

Please locate us on: www.advisen.com

Page 3: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

Many Thanks to our Sponsor!

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Cyber Security: The Growing Liability of Handheld & Mobile Devices

http://corner.advisen.com

• White Paper:

The Liability of Handheld & Mobile Devices

• Copy of these slides

• Recording of today’s webinar

Page 5: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

Today’s Moderator

David Bradford- President, Research &

Editorial Group, Advisen Ltd.

Page 6: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

Today’s Panelists

Larry Collins, Vice President, E-Solutions Risk

Engineering, Zurich NA

John Mullen, Parter, Nelson Levine de Luca &

Hamilton

Catherine Mulligan, Senior Vice President, Zurich NA

Page 7: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

Today’s Panelists Catherine Mulligan, Senior Vice President, Zurich NA

Catherine has specialized in the risk management and risk transfer issues around

technology, Errors & Omissions, Intellectual Property, and Security & Privacy for 15

years as both an underwriter and a broker.

Catherine is a Senior Vice President of Zurich North America, where she is the

national underwriting manager for Specialty E&O. The group handles Errors &

Omissions, Security & Privacy, and Employed Lawyers.

Prior to Zurich, Catherine was an AVP at The Chubb Group of Insurance companies

where she was a regional underwriting manager in the technology division, earning

her Underwriting Specialist designation with a focus on E&O. She later spent 3 years

as a broker at William Gallagher Associates in New York City, where she worked with

technology and life sciences companies.

Catherine is a frequent speaker at events relating to Security & Privacy and

Technology E&O issues. She contributes to articles and interviews for industry

publications. She graduated cum laude from The College of the Holy Cross in

Worcester, MA with a double major in English and Women's Studies.

Page 8: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich NA

Larry has more than 35 years of experience in Risk Engineering.. As the Vice President for E-

Solutions, he leads a team that provides electronic services to tens of thousands of on-line

customers. He’s appeared on TV on cyber security, has spoken on a number of panels and

has published several articles and white papers on Security and Privacy related risk issues.

He’s done many media interviews on that subject.

Larry’s team recently received the Arthur Quern Quality Awards from the Risk and Insurance

Managers Society (RIMS) for their Accident Review Tool. The Arthur Quern Quality Award

recognizes significant contributions within the field of risk management that raises the quality

of products, processes, programs, systems and services. The recipient of the Arthur Quern

Quality Award demonstrates innovation within the risk management industry and increased

quality in products, services and enterprise risk management within an organization.

Page 9: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

Today’s Panelists John Mullen, Parter, Nelson Levine de Luca & Hamilton

John Mullen leads the Privacy and Data Security Practice at Nelson Levine de Luca &

Hamilton. John focuses his practice on the defense of information security and

privacy matters, with particular emphasis on response to data loss events and suits.

He serves as legal Breach Counsel, advising clients on issues related to IT forensics,

customer and government notification and compliance, public relations, customer

remedies, litigation hold/e-discovery requirements, and class action/multi-district

litigation (MDL) issues. John frequently presents to insurers, insureds, risk managers

and brokers, and has authored articles on the subject that have appeared in various

publications including Best’s Review and Business Insurance.

Page 10: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

What is driving the rapid growth in the use of handheld devices for business

purposes? What are some of the common business uses for these devices?

John Mullen, Parter,

Nelson Levine de

Luca & Hamilton

Dave Bradford- Advisen Ltd.

Catherine Mulligan,

Senior Vice

President, Zurich NA

Larry Collins, Vice

President, E-Solutions Risk

Engineering, Zurich NA

Page 11: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

Is losing a device the most significant data security threat?

John Mullen, Parter,

Nelson Levine de

Luca & Hamilton

Dave Bradford- Advisen Ltd.

Catherine Mulligan,

Senior Vice

President, Zurich NA

Larry Collins, Vice

President, E-Solutions Risk

Engineering, Zurich NA

Page 12: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

Are these devices more vulnerable to data breaches than other types of

computing and communication devices?

John Mullen, Parter,

Nelson Levine de

Luca & Hamilton

Dave Bradford- Advisen Ltd.

Catherine Mulligan,

Senior Vice

President, Zurich NA

Larry Collins, Vice

President, E-Solutions Risk

Engineering, Zurich NA

Page 13: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

Can you explain what near field communication technology is, and the risks it

presents?

John Mullen, Parter,

Nelson Levine de

Luca & Hamilton

Dave Bradford- Advisen Ltd.

Catherine Mulligan,

Senior Vice

President, Zurich NA

Larry Collins, Vice

President, E-Solutions Risk

Engineering, Zurich NA

Page 14: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

How vulnerable are these devices vulnerable to malware?

John Mullen, Parter,

Nelson Levine de

Luca & Hamilton

Dave Bradford- Advisen Ltd.

Catherine Mulligan,

Senior Vice

President, Zurich NA

Larry Collins, Vice

President, E-Solutions Risk

Engineering, Zurich NA

Page 15: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

Do employees commonly use their personal devices for business purposes?

Does this lead to increased vulnerabilities?

John Mullen, Parter,

Nelson Levine de

Luca & Hamilton

Dave Bradford- Advisen Ltd.

Catherine Mulligan,

Senior Vice

President, Zurich NA

Larry Collins, Vice

President, E-Solutions Risk

Engineering, Zurich NA

Page 16: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

Do government regulators and organizations such as PCI regulate data

security and breach events that exist with the new mobility of data?

John Mullen, Parter,

Nelson Levine de

Luca & Hamilton

Dave Bradford- Advisen Ltd.

Catherine Mulligan,

Senior Vice

President, Zurich NA

Larry Collins, Vice

President, E-Solutions Risk

Engineering, Zurich NA

Page 17: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

Given the risks posed by these devises, why do companies permit their use?

John Mullen, Parter,

Nelson Levine de

Luca & Hamilton

Dave Bradford- Advisen Ltd.

Catherine Mulligan,

Senior Vice

President, Zurich NA

Larry Collins, Vice

President, E-Solutions Risk

Engineering, Zurich NA

Page 18: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

What has been the response of corporate IT departments and others

responsible for data security?

John Mullen, Parter,

Nelson Levine de

Luca & Hamilton

Dave Bradford- Advisen Ltd.

Catherine Mulligan,

Senior Vice

President, Zurich NA

Larry Collins, Vice

President, E-Solutions Risk

Engineering, Zurich NA

Page 19: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

What risk management actions can improve the security of handheld devices?

John Mullen, Parter,

Nelson Levine de

Luca & Hamilton

Dave Bradford- Advisen Ltd.

Catherine Mulligan,

Senior Vice

President, Zurich NA

Larry Collins, Vice

President, E-Solutions Risk

Engineering, Zurich NA

Page 20: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

What should be the focus of a company’s mobile device policy?

John Mullen, Parter,

Nelson Levine de

Luca & Hamilton

Dave Bradford- Advisen Ltd.

Catherine Mulligan,

Senior Vice

President, Zurich NA

Larry Collins, Vice

President, E-Solutions Risk

Engineering, Zurich NA

Page 21: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

What should be done if a handheld devise housing or accessing sensitive

information is lost?

John Mullen, Parter,

Nelson Levine de

Luca & Hamilton

Dave Bradford- Advisen Ltd.

Catherine Mulligan,

Senior Vice

President, Zurich NA

Larry Collins, Vice

President, E-Solutions Risk

Engineering, Zurich NA

Page 22: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

What insurance coverages are available for mobile device data breaches?

John Mullen, Parter,

Nelson Levine de

Luca & Hamilton

Dave Bradford- Advisen Ltd.

Catherine Mulligan,

Senior Vice

President, Zurich NA

Larry Collins, Vice

President, E-Solutions Risk

Engineering, Zurich NA

Page 23: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

Q&A

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White Paper: Available on Advisen’s Corner Store

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Upcoming Advisen Webinars

Visit http://corner.advisen.com/advisen_webinars.html for the 2012 Webinar Schedule

The Reputational Risk of a Data Breach

Tuesday, September 25, 2012 at 11am EDT

Business Interruption-Business Income & Supply

Chain Risks

Wednesday, September 26, 2012 at 11am EDT

Page 26: Cyber Security: The Growing Liability of Handheld & Mobile Devices€¦ · 18-09-2012  · Today’s Panelists Larry Collins, Vice President, E-Solutions Risk Engineering, Zurich

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Upcoming Advisen Conferences

Visit http://corner.advisen.com/advisen_conference.html for the 2012

Webinar Schedule

Management Liability Insights Conference

Date: Thursday Septmeber 20, 8:00 AM EDT

Location: McGraw Hill Conference Center, NYC

Cyber Liability Insights Conference

Date: Wednesday October 24, 8:00 AM EDT

Location: Bridgewaters, NYC

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How to reach us: Advisen Ltd.

1430 Broadway

8th Floor

New York, NY 10018

www.advisen.com

Voice: +1.212.897.4800

Fax: +1.212.972.3999

[email protected]