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P177 PROGRAMME ON 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 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: 19.11.2008 - 22.11.2008
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