2Insclaims_Cyberrisks

Cyber risks

Cyber attacks are an ever present and increasing risk, and our global cyber team benefits from extensive experience across all lines of insurance business affected by cyber risk.

Cyber attacks are an ever present and increasing risk, and there is no absolute protection model that will keep pace with the evolution and sophistication of these attacks. Every organisation is at risk of financial loss, damage, disruption and reputational damage.

Cyber knows no jurisdictions, which is why our global offering is so important to our ability to provide rounded advice to our clients. We have cyber lawyers in our offices located across Europe, Asia Pacific, Latin America, the United States and Bermuda. This allows us to respond swiftly and seamlessly to a cyber event wherever it might be.

Our global cyber team benefits from extensive experience across all lines of insurance business affected by cyber risk. We advise insurers on:

  • Coverage issues and silent cyber risk exposures
  • Policy drafting and wording
  • Reducing exposure to new and unforeseen risks from new technologies.
  • Data breach and cyber incidents

In cyber claims, time is of the essence. We are able handle new instructions on a 24/7/365 basis. We can do this, either through your existing Cyber Breach Response service (via your hotline or email), or alternatively through Krisis, our multilingual incident response service. The service allows Kennedys to provide a co-ordinated team to respond effectively and in a timely manner, whilst also protecting your position.

Kennedys’ crisis management service – ‘Krisis’ – provides a real-time, international, emergency response solution around the clock.

Krisis is your one-call solution to your immediate crisis problem. Our multi-disciplined service starts with 24/7 access to experienced crisis and legal advice over the phone to help support and guide you through difficult situations. We provide:

  • Incident management – We can arrange for immediate attendance at the scene of an incident by specialists, including crisis investigators, medics, crash teams, translators, computer forensic experts etc. Lawyers can assist to ensure the preservation of vital evidence to help manage any potential claims.
  • Public relations and reputation management – It’s essential to control public messaging from the outset to minimise reputational damage and protect share price. We provide professional PR support from handling media calls, drafting holding statements or issuing press releases.
  • Intelligence services – Our intelligence team, equipped with geo-fencing technology, can help monitor mainstream and social media so you can adapt PR and strategic decisions accordingly. 
  • People support – Ensuring the emotional well being of people is met during an incident is key to the management of a crisis. We can arrange for onsite trauma counsellors to support customers or employees involved in major incident.
  • International coverage – As an international firm, we’re well positioned to manage crises across the world. Our international reach gives us access to a global network of experts, with the know-how and understanding of foreign jurisdictions and languages that make all the difference in an emergency.
  • Legal advice – With many years of experience and a significant track record of dealing with the types of crises companies face, and with defending the subsequent claims and regulatory bodies, Kennedys’ legal experts will guide you through step-by-step actions to minimise any impact and offer solutions that will protect your business and reputation. Not only can we help you manage any claims arising out of a crisis, but we can advise you on prosecutions and criminal defence issues. Our specialist health and safety teams are leaders in the field, with extensive experience in handling major claims and workrelated criminal investigations. They’re highly experienced in dealing with police, health and safety regulators and the relevant accident investigators – from the day of an incident right through to the court process.

Our global cyber corporate solutions team consisting of cyber, privacy, litigation and corporate specialists help companies navigate and manage the complex and constantly evolving challenges posed by cyber risk.

We work with companies to develop and review their policies and procedures to ensure regulatory compliance. We provide advice on vetting of suppliers, cyber contractual provisions and cyber risks and issues in the context of corporate due diligence, outsourcing and joint ventures. Our knowledge and expertise of cyber insurance programs allows us to advise on the adequacy of a company’s insurance program to cyber risk.

We also work with in-house teams to respond rapidly to an incident and can provide management of a cyber incident including breach notification and regulatory interaction.

Cyber Sounds

Listen to our informative and entertaining podcast series on all things cyber and more, featuring Ollie Dent and Tom Pelham.

Listen here
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Latest news, thought leadership and events

NetDiligence Cyber Risk Summit in Bermuda - November 2022

Global Update on Privacy Laws, Regulatory Considerations and Oversight

Watch below as partner George Chaisty, in discussion with the Bermudan Privacy Commissioner and two US lawyers at the NetDiligence Cyber Risk Summit in Bermuda, provide a global update on recent changes in the privacy and data regulatory landscape. During the session George focused on the UK and Europe, covering a proposed move away from the UK GDPR and recent trends with the ICO amongst other hot topics.

Global Update on Privacy Laws, Regulatory Considerations and Oversight