Reports and survey data clearly indicate that cyber-attacks on businesses are pervasive and growing rapidly. According to Hogan Lovells attorney Harriet Pearson, internationally recognized corporate data privacy and cybersecurity pioneer, the question for companies today is not if something will happen, but what to plan for when it does. While incident response plans (IRPs) are vitally important to preparing for the inevitable, an annual survey of leading companies shows that nearly 70% of companies are not confident their plans are effective.
Check out this webcast on Tuesday September 20th at 10am EDT / 3pm BST co-hosted by Hogan Lovells’ European Head of Privacy and Cybersecurity Eduardo Ustaran, and led by Cybersecurity attorneys at Hogan Lovells and Anthony Ferrante, Director for Cybersecurity Policy & Cyber Incident Response Coordinator National Security Council, The White House, that will touch upon the following:
· A data breach is not always a disaster – mishandling it is: A burgeoning number of global regulators and standards bodies call for a documented and rehearsed IRP. Boards of directors and insurers increasingly are asking about the existence and effectiveness of such IRPs. Having and using an effective IRP mitigates the enterprise–wide consequences of a serious incident, helping to:1) Accelerate a return to normal operations 2) Protect a company’s reputation 3) Address legal requirements and risks across jurisdictions 4) Reduce the costs of handling a breach
· How recent and upcoming changes in the global regulatory landscape impact a company’s planning: The panel will address the key legal and regulatory developments that will inform what companies should incorporate in their IRPs both in the US and globally. What should company’s be aware of over the next 6 months? What are the top industries that should be paying attention?
· What goes into a truly actionable and practical cybersecurity incident response plan today, given the active landscape? The panel will discuss how a company should keep the following attributes in mind 1) Geography: the plan should vary by region (keeping in mind where your company does business/where global offices are based) and should also keep in mind global legal developments; 2) Various threats: the plan should be enterprise wide vs. one discipline ( be focused on how to respond to IP theft, product security vs. data. etc.)
· A new Hogan Lovells resource designed to help company’s evaluate and strengthen their response plan and to bring them up to speed on global legal developments: An overview of what it is and how companies can use it to enhance their cyber preparedness.
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