IBA Annual Conference Paris 2023
29 Oct - 3 Nov 2023
Room 242 A, Level 2
Session information
Aftermath of a cyberattack - who picks up the tab?
Monday 30 October (1115 - 1230)
Committee(s)
Technology Law Committee
(Lead)
Description
Every day companies become a victim of cyberattacks. Mitigating and neutralising the operational impact is typically the first priority. Once the dust settles, the question of redress and remediation arises. Cyber-insurance policies play an important role here, but this will invariably entail a number of conditions to be met and steps to be taken. How should companies ensure they get the best out of their – often steep – insurance premiums paid? What process should they follow and what information should they provide? What are typical pitfalls in the insurance policies and whom should they involve to overcome them? This discussion will involve industry experts, testimonials from companies having lived the situation and lawyers providing specialised assistance in the field. The session will aim to provide practical insights and tips on how to act.
Session / Workshop Chair(s)
Joost Schmaal | Kennedy Van der Laan, Amsterdam, Netherlands; Vice Chair, Outsourcing and Managed Services Subcommittee |
Søren Skibsted | Kromann Reumert, Copenhagen, Denmark; Member, Technology Law Committee Advisory Board |
Erik Valgaeren | Stibbe, Brussels, Belgium |
Speakers
Nynke Brouwer | Radboud University Nijmegen, Nijmegen, Netherlands |
Yasin Chalabi | Hiscox, Utrecht, Netherlands |
Aparna Gaur |