Outsourcing Residual Risk
Original broadcast: September 23, 2010
Every organization assumes some level of risk—even those with the most rigorous compliance program in place. Traditionally, this risk has been accepted as part of normal business activities but now organizations can outsource the risk though an insurance policy. Once a limited option, privacy and security liability insurance is now available from a number of different providers as a means to minimize or close the risk gap. Learn how privacy liability coverage works, the various risk factors involved, and how to prepare for entering into a policy contract. Find out how to reduce premiums and lower your organization's risk profile by performing a pre-application assessment of your information management practices.
Eric Dieterich, CISA, CIPP, Director, Sunera LLC
Thomas Srail, Senior Vice President, Willis Executive Risks E&O/Information Risk Team