Today, most businesses know that cybersecurity threats are as much of a technical risk as they are a legal and regulatory one. The consequences of a cyber event are costly, and the proof is in the numbers. The United States, in particular, leads the world in incurring the highest average cost of data breaches, much of which is incurred through customer litigations and regulatory enforcement. In 2023, cybersecurity regulations across all sectors were plentiful, and some defining cyber-attacks, such as the MOVEit data breach, or cases such as Merck Co. Inc. et al. v. ACE American Insurance Co. et al., will have lasting effects on corporate cybersecurity. Looking to 2024 and beyond, knowledge of the past year’s cyber litigations and regulatory developments will enable lawyers to proactively assess risks, develop robust cybersecurity strategies, and navigate the complex landscape of cybersecurity litigation.
In this seminar, our expert panelists will begin by giving background about cybersecurity and the threat landscape in 2023. Audience members will get a better understanding of the different modes of attack that threat actors may use as well as context into one of the biggest breaches of the year so far. The experts then go on to outline the new and proposed SEC rules related to cybersecurity. They describe the new disclosure requirements as well as the proposed consumer protection rules. The panelists then focus on the defining cybersecurity litigations of 2023, sharing the key insights and lessons to retain from the past year’s events. They conclude by sharing what to expect and prepare for in the future of cybersecurity litigation.
This course is brought to you by the Global Cyber Institute and Thomson Reuters and is nationally accredited.