SDV Insights

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.

If you are a risk manager of a multi-national company, and you haven't heard of Article 29 Working Party (WP29), it's time you become acquainted. It is an independent European advisory body on data protection and privacy.

US businesses have been concerned about protecting the data of EU subjects transmitted to the US because in October, the European Court of Justice declared the US Safe Harbor regime invalid.

Gregory D. Podolak, a partner at SDV, will be presenting at the New Jersey CISO Executive Summit on Tuesday, December 1. He will be speaking on: Cyber Liability Insurance - Are You Truly Covered?

Cyber attacks were once on the periphery of American business consciousness. That mindset changed over the past two years. A series of devastating events, including the 2014 cyber attack against Sony, catapulted cyber liability concerns from an IT department issue to a major priority for boardrooms across America. As U.S. government officials concluded that North Korea was behind the attack, many C-suite executives suddenly found themselves asking questions. Is this the start of a cyber war?

In the United States, a week rarely goes by without a new cyber security breach. Slowly but surely, the European Union is catching up in raising awareness of cyber security and demanding that companies protect the personal data of EU individuals who fall under the definition of "data subjects."

Last Friday, SDV's Stella Szantova Giordano was quoted in Law360's article, "A Cyberattack Survival Guide For Policyholders.

An expert panel will explore the current state of cyber risk and its impact on the construction industry. Discussion will include typical risks such as business interruption losses due to network downtime and state mandated penalties for allowing personal/confidential information to be compromised.

Greg Podolak (SDV's head of Cyber Risk) was quoted this week in two new LAW360 articles: In "Four Insurance Takeaways From Lloyd's Cyberattack Report", Greg was quoted on his thoughts about the challenges policyholders can face with their cyber insurance policies...

Gregory Podolak recently published a brief article for the Insurance Coverage Litigation Section of the American Bar Association website.