CYBER LIABILITY (COMBINED)

Background:
Online transactions have become more common with the increasing popularity of Internet. The growth in e-commerce transaction brings in additional risk. The risk may be unique (like a virus or denial of service attack) or could be rather an existing one (for example fraud) which is accelerated by the easy-access characteristic of the web. These risks are both an opportunity and a threat for insurance providers. With increasing e-commerce, cyber liability claims will be prevalent in every industry. They are devastating and can wipe out a company. With more than 300+ viruses unleashed every month, exposure to cyber liability risks increases daily. The programme has been designed to address these significant risks.

Objectives:
After completion of this programme, participants will be able to:

• Identify the potential cyber risks and liability

• Address the need of better security building for cyber business

• Estimate the full extent of liabilities presented by e-commerce

• Realize the need and role of Security Experts, Information Systems (IS) Auditors in mitigating cyber risks and underwriting cyber liability

• Underwrite cyber risks

Contents:
• Risk assessment and security audits

• E-mail risks

• Copyright: Brand, Patent and Reputation Losses

• Legal issues: multi-jurisdictions

• Regulatory Issues

• Cyber Laws

• Cyber risk underwriting

• Cyber claims