“the internet? we’re not interested.” - imc-seminars.com liability - graeme new… · “the...
TRANSCRIPT
Cyber Liability, Graeme Newman
“The Internet?
We’re not interested.”Bill Gates, Microsoft Founder, 1993
File storage through time…
The 1950s…
=1GB of information
The 1970s…
=2GB of information
Today…
=32GB of information
(or 2,500 filing cabinets)
1,000,000,000,000,000,000
Bytes
1 Exabyte =
10 Things the Internet Has Killed or Ruined…
7. Nigeria’s Reputation
PCWorld.com
Ronnie Biggs, The Great Train Robbery, 1963
Albert Gonzales, Heartland Hack, 2007
CYBER LIABILITY
PRIVACY LIABILITY
MEDIA LIABILITY
PRIVACY BREACH NOTIFICATION
SYSTEM DAMAGE & RESTORATION
SYSTEM BUSINESS INTERRUPTION
CYBER CRIME & CYBER TERRORISM
BRAND PROTECTION
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Third party liability
First party (own loss)
E-commerce
Social media
Gambling
Online publishers
Travel AgentsCinemas
High Street Retailers
Schools
Universities
HealthcareFinancial Services Hotels
Solicitors Accountants Surveyors Architects
Engineers Manufacturers Logistics
Utilities
Recruitment Agencies
Charities Consultancies Property Management
HIGH RISK
(EARLY ADOPTERS)
MEDIUM RISK
(NEW BUYERS)
LOW RISK
(MASS MARKET)
85 Gracechurch Street, London EC3V 0AA
www.cfcunderwriting.com
www.mediainsuranceblog.com
www.technologyinsuranceblog.com
+44 (0) 207 220 8500
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