Cyber Risk and Preserving Your Company’s Reputation

Posted by Ben Beeson and Jennifer Smith on August 27, 2012 under Cyber & Technology, Risk Management | Be the First to Comment

One of the critical issues for any company dealing with their privacy and technology risks is how do they protect their reputation when they are hit with a data breach or other damage. 

Jennifer Smith from our team recently spoke at the HB Litigation Conference on metrics for measuring reputational risk, admittedly an inexact science.

Jennifer does a good job here of helping risk managers and CFOs and attorneys get their arms around that topic. 

Lockton’s Smith on Preserving Reputation – YouTube 

As Jennifer explained later on the panel, it’s also important to manage your reputation after a data breach. Ensuring you notify promptly and correctly, and offering help to affected individuals such as credit monitoring will help minimize further reputation damage from a privacy regulatory action from a state attorney general, for example.

Co-Authors Spotlight

Ben Beeson

Executive Director
Global Technology and Privacy Practice

Ben is an Executive Director for the Technology Risks Practice at Lockton. He has spent the last 16 years in the insurance market and joined Lockton in October 2007.

Ben’s experience centers on liability risks to the technology industry and extends to security and privacy exposure across multiple industry segments.

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Jennifer Smith

Jennifer G. Smith, Esq., CIPP
Vice President
Global Technology & Privacy Practice

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