2011 Promises to Challenge Executives with Growing Risks in Network, Security and Privacy Concerns

SAN FRANCISCO, Feb. 24, 2011 /PRNewswire/ -- RiskCommunities added two important video interviews to their TechRisk Institute portfolio. In January 2011, RiskCommunities led the interview with Scott Godes, Counsel, Dickstein Shapiro LLP, to discuss the growing exposures in network, security and privacy risks.

Julie Davis, Founder of RiskCommunities, and Scott Godes, Counsel at Dickstein Shapiro LLP, reviewed first-party and third-party network and privacy risks and exposures and other sources of concern. The two professionals discussed potential coverage gaps under traditional insurance contracts, ambiguity in corporate insurance policy language and risk transfer methods. The two-part video interview concluded with an overview of compliance, breach notification, legislative changes and litigation summary.

RiskCommunities Two-Part Video Interview: The two-part video interview can be found at RiskCommunities, http://www.riskcommunities.com, or Interview, Part 1: http://www.youtube.com/watch?v=6lzxg56JGSw and Interview, Part 2: http://www.youtube.com/watch?v=s1E2y5BKs1I.

The interviews also touched on key topics including cloud computing, governance and social networking.

Whether you are a small or large firm; network, security and privacy risks will continue to top the list of concerns by many boards and investors. It is helpful for companies to develop, understand and set a proactive strategy for managing these exposures. Risk identification, mitigation, regulation compliance, policy language review, risk transfer and purchase of corporate insurance policies work together to create protection.

Julie Davis is the founder of non-profit RiskCommunities, http://www.riskcommunities.com, and is Vice President at Heffernan Insurance Brokers, http://www.heffins.com. She is co-author of the book e-Risks: Liabilities in a Wired World and recently joined Heffernan after a long tenure managing Aon's national strategy for emerging technology.

Scott Godes is Counsel at Dickstein Shapiro LLP, Washington D.C. Dickstein Shapiro was awarded Best Corporate Division by Law360 and Scott has a personal blog at http://corporateinsuranceblog.com.

Requests for additional information, or comments, about this press release or the videos can be sent to [email protected].

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SOURCE RiskCommunities