SDV Comments on Managing Cyber Risks

SDV partner Greg Podolak has been quoted again in a Law360 article. In “Data Breach Report Shows Cyberinsurance Not A Cure-All”, Greg, and other thought leaders in the industry, were asked about a recent report that covered challenges faced by many companies in managing cyber risks.

Greg commented on companies’ tendency to rely solely on their IT departments when responding to data breaches.

“The approach to dealing with these issues has to be multidisciplinary; it’s not just an IT problem,” Podolak said, adding that a company’s risk management and business development professionals should also be involved in data breach response.

Depending on the size of a company, the role an internal team is expected to have in a data breach response “can vary wildly,” Podolak added.

“Most companies don’t expect in-house resources to provide everything that’s needed to respond to a data breach, nor should they,” he said.

Click here to read the entire article (you will need a Law360 subscription).



Mar 17, 2016
Gregory D. Podolak

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