Thomas Caswell to Present LMA Academy Session on Cyber Business Interruption
May 1, 2018Thomas Caswell, a partner in the Minneapolis office of Zelle, will present on “Cyber Business Interruption” to the Lloyd’s Market Association Academy. The presentation will take place on May 1, 2018 at the Old Library at Lloyd’s in London.
As part of the LMA Academy BI series this masterclass will examine the shift of cyber crime and malware tactics in recent years, from data breach to property damage.
Until recently, cyber crime tactics were primarily focused on extracting personally identifiable information, e.g. credit card data, and locking up home computers until a modest ransom was paid. This has now shifted to a new target: attacking the control systems of manufacturing and infrastructure, resulting in an increase in cyber-driven property damage and business interruption losses.
Attendees will gain an appreciation of the tactics in use, the types of losses which may result, and the coverage and measurement issues that may arise.
For more information, please visit the LMA Academy website.
