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Zarwin Baum Continued Its Breakfast Series with ‘How Exposed is Your Bottom Line? Digital Disruption of Business Operations’

April 17, 2018

     

On Thursday, April 12th Zarwin Baum continued its ongoing breakfast series with “How Exposed is Your Bottom Line? Digital Disruption of Business Operations” – a cyber seminar lead by a panel of data security and privacy professionals. The panel included: Shareholder, Ted Schaer CIPP/US, Beth Fitch CIPP/US, Jonathan Marks, CPA, CFE and Austin Morris Jr. M.S.

The esteemed panel led the audience through a hypothetical ransomware scenario and demonstrated the proper stages of cyber crisis management and how to properly prepare your business

The key takeaways from the panel discussion included:

  • Business operations disruption is one of the greatest risks from a cyber incident.
  • Proper cyber risk mitigation planning includes an assessment of financial risk should a customer or supplier suffer a cyber security incident.
  • Cyber Insurance is a critical part of any company’s risk transfer strategy to minimize the financial cost of a cyber incident.
  • To ensure full financial recovery from business operations disruptions, financial data should be backed up weekly and stored is a secure and easily accessible location.
  • Business interruption plan should be incorporated into every incident response/table top exercise.

Zarwin Baum will be continuing its breakfast series on Tuesday, June 19th.

To continue the conversation on mitigating your financial exposure from a cyber security incident, please contact Ted Schaer at tmschaer@zarwin.com.  

For additional information on the Zarwin Baum Cyber Breakfast Series please contact Rachel Charamella at rcharamella@zarwin.com.   

 


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