Infographic on why you need CARM when’a cyber breach take place.
Anatomy of a Sernior Living Cyber Breach Final 10-20-17€¦ · Anatomy of a Senior Living Cyber...
Transcript of Anatomy of a Sernior Living Cyber Breach Final 10-20-17€¦ · Anatomy of a Senior Living Cyber...
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Anatomy of a Senior Living Cyber Breach
Managing Cyber Security in Senior Living
October 25, 2017
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Introduction
Objectives and Overview1. Describe cyber-breaches that senior living companies have encountered.2. State ways to manage a cyber-breach in a senior living company or community.3. Discuss the impact of cyber-breach insurance coverage on your ability to manage this
type of risk.
ModeratorDan Twersky, WTW, Cyber Insurance and ClaimsAdvocates for coverage on behalf of his clients in connection with claims reported under Financial and Executive (“FINEX”) lines of insurance.
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Panelists
Melissa Ventrone, Partner, Thompson CoburnChair of cybersecurity practice. Leads teams of first responders, including lawyers and forensic investigators, in cyber crisis situations. Represents clients in cybersecurity litigation and proactively managing data privacy and security risks.
Chet Phillips, Chief Information Officer, EnlivantProvides strategic oversight for all aspects of technology at Enlivant and also serves as the Chairman of the Technology Roundtable at Argentum.
Jeremy R. Henley, Vice President of Breach Services, ID ExpertsHeads up the identity protection services and provides direct oversight of the Employee Benefits and Affinity programs ID Experts offers to employers and associations via their network of brokers. Works with Cyber Liability insurance carriers and has developed key relationships with the federal government .
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What is so unique about senior living when it comes to cyber risk?
Easier targetsNot as quick to detect fraudInformation includes personal and medicalMany potential uses for fraudulent purposes
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Examples of Privacy and Security Events in Senior Living
Lessons Learned
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Are demands and lawsuits more common with a senior population?
Regulatory Standpoint
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Breach Response Objective
Help those affected Protect the companyMitigate the potential for legal and regulatory risk
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Extra Steps for a Breach Affecting mostly Seniors
More call center operatorsOnsite information centersAdditional language in the notification letterDifferent monitoring protection options Additional sign-up methods
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How and when does insurance fit in here?
Coverages provided under Cyber InsuranceReporting requirementsVendor choices
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Best Practices
Pre- incident planningBreach response
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Questions
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