We had a packed house for our Cyber Time: Crash Course for
Directors and Officers event this week at the Bennett Jones Calgary
office. The half-day session covered current cyber threats facing
businesses today, litigation exposure from a cyber incident
involving personal information or confidential business
information, regulatory compliance obligations regarding the
protection of personal information, and insurance solutions to
mitigate certain risks associated with cyberattacks. Our panel of
experts included Ruth Promislow and Michael Whitt of Bennett Jones,
Jay Heidecker of Seekinto and Dan Lewis of Arthur J. Gallagher
Canada Limited.
The consistent theme in all of the presentations involved the
need to be proactive, rather than simply reactive. Being proactive
makes good business sense in that it can reduce costs incurred in
responding to an attack. It also can reduce litigation risk
exposure from an attack or the response to the breach.
Additionally, regulatory
