Facebook Twitter LinkedIn Google Plus RSS

Triple Play: Goldberg Segalla partner talks cyber-issues and how to handle them

Triple Play is a weekly NJBIZ feature that asks top executives in New Jersey to talk about three things related to their industry.

Darren Hanison is a partner with Goldberg Segalla, a law firm with offices in the United States and Europe, including Princeton. His work includes cutting-edge cyber, technology, media, intellectual property and entertainment issues. 

We asked Darren three questions about cyber-issues and how to handle them.

What is the biggest cyber-issue in business? The biggest cyber-issue is definitely data security breaches — where hackers get into a corporation’s server and get a hold of information held about individuals. However, one of the most difficult issues is how to protect against a disgruntled senior manager or high-level employee downloading information on a memory stick and walking out of the office with it.

How can insurers help? Insurance can be very useful for SME and mid-cap companies. I would be saying to them, ‘You need to be looking at a cyber liability insurance policy and possibly a stand-alone reputational risk policy on top of all the other standard insurances you would routinely purchase.’

How can lawyers help? Lawyers are very well-positioned to help educate the insurance brokers and their clients to understand what these specialist types of insurance can do and so are becoming a kind of quasi-salesman of the products. As an experienced insurance lawyer, you’re able to understand the policy wording and explain to a potential client how it will work if an event happens.

Leave a Comment


Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy


Subscribe to Our Newsletters!
Click Here to Subscribe for Free Now!