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P177 – 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 seminar 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

 

Participants’ Profile:

 

Indian:    

Life : Secretaries of Internal Audit / Inspection / IT / Vigilance Departments at Central Office and Zonal offices. Regional Managers (MS), Assistant Secretaries (IT) from Zonal Offices and selected Managers (IT) from Divisional Offices.

Non Life : Assistant Managers and Deputy Managers working in Miscellaneous / Audit / Inspection / Vigilance Departments at Head Office and Regional Offices of General Insurance Companies.                                                                                                     

Others: Officers from Audit Departments of Banks,   Chartered Accountants, Risk Managers of  industrial firms, Academicians, Insurance Regulators.

Overseas: Executives of Insurance Companies, Banks, risk managers from industrial firms interested and involved in IS Audit and preparing Business Continuity Plans / Disaster Recovery Plans for their organisations. Representatives from Insurance Regulatory Authorities from different countries.

 

Duration:      4  Days

 

Dates:            21.11.2007 to 24.11.2007

 

 

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