Defensive Diligence: The Proactive Management of Cyber Liability
Is your firm prepared to manage the legal and financial fallout of a cyber incident? With up to 90% of cyber incident costs arising from regulatory fines and compensatory awards to plaintiffs, organizations must adopt a proactive strategy to manage liability and protect stakeholder interests. By demonstrating effective and consistent risk management, your firm can better avoid the significant costs associated with findings of negligence.
Defensive diligence, or the proactive and sustained management of liability risk, is an imperative for a firm’s legal and operational functions.
In this session, we’ll review the key steps in developing a robust defensive diligence strategy.
You’ll gain insights into:
- What defensive diligence is and why it’s critical for managing liability
- How to quantify and contextualize cyber risk for your organization
- Understanding risks relative to peer organizations
- Strategies and best practices for working towards a posture of defensive diligence
