When a cyberattack happens, the problem can take a number of distinct forms and affect a variety of players. It was a point emphasized in a session on cyber risk at the 2019 ASAE Annual Meeting & Exposition on Sunday, in which three of those players—an IT executive, an insurance official and a lawyer—laid out potential areas for impact.
“The thing about cybersecurity and incidents is, it’s equal opportunity,” said S. Keith Moulsdale, who co-chairs the cybersecurity, data management and privacy practice at Whiteford, Taylor & Preston, LLP.
It may affect everyone, but what matters more than anything is your organization’s reaction to and handling of such situations. While there are specific attack vectors to watch out for, much of the problem comes down to preparation and risk management.
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