Webinar Description
When handled poorly, a security breach or a loss of confidential
data can expose a company to many risks including class actions,
directors and officers (D&O) securities claims, fines for
violating state notification requirements, harm to market
capitalization, and damage to the brand. Trying to develop a
response plan on the fly while in crisis mode is a sure way to
mishandle these delicate situations. Thus, developing a
comprehensive response plan to manage data breaches as soon as
possible upon learning about them has become a mandatory risk
management step for most organizations.
This webinar will explore the risk management and loss control
techniques that a response plan should encompass. The costs
associated with responding to data breaches will be discussed and
the elements of a plan to address disclosure, communication, and
remediation will be outlined. After attending this webinar, you
will be much better positioned to assist your organization or your
clients in minimizing the damages resulting from a data breach and
controlling the costs of the loss mitigation steps the organization
employs.