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Partner and insurance law expert Andrew Horne recently joined Public Trust for a webinar highlighting the importance of cyber resilience following the Crowdstrike outage. Andrew highlighted the implications and impacts of big outages, covering regulatory obligations, financial losses, insurance, contractual and legal issues. #cyberreslience #crowdstrike #helpingshapenewzealandsfuture
We know cyber threats keep many business leaders up at night. So what can we do to mitigate these risks? Our Corporate Trustee Services team hosted a webinar during Cyber Smart Week on cyber resilience and lessons learnt from the recent CrowdStrike outage. "Be comfortable being uncomfortable," recommended Hamish Krebs from CyberCX. Hamish spoke about navigating through a crisis and how to boost resilience. Having a business continuity plan was essential, as was being adaptable and agile, he said. Andrew Horne from MinterEllisonRuddWatts spoke of the implications and impacts of big outages, covering regulatory obligations, financial losses, insurance, contractual and legal issues. Cyber events could bring about a "complex web of losses and claims," he said, so it is important to be prepared. Hamish K. | Andrew Horne | David Callanan