Bloomberg Law | Privacy, Cybersecurity & Contract Drafting: Maturing Approaches for 2022 and Beyond

As businesses attempt to solve for compliance and contracting issues triggered by new privacy and cybersecurity rules, attorneys must balance the increasingly precise demands of regulators with the unique business needs, operational limitations, and organizational risk cultures of their corporate clients—all while keeping up with the rapid pace of technological innovation.

While regulations are gradually impacting a wider range of industries and product markets, other factors such as ransomware and state-sponsored cyberattacks are also shaping contract drafting trends. During this webinar, our panel of expert practitioners will touch on a range of current issues, including:
 

• The adoption of more comprehensive data governance requirements for commercial entities and federal contractors, including for devices that comprise the Internet of Things (IoT);
• The increased role that related insurance markets are playing in contract drafting;
• The SEC’s scrutiny of data risk management and cyber incident disclosure practices; and
• Standards for privacy and cyber controls that could inform state enforcement decisions.

This panel, intended for Chief Legal Officers, Outside Counsel, and other professionals managing corporate privacy and cyber risk, will give a practical view into significant operational trends and provide guidance on navigating the complex implications for contract drafting and approval processes.

Learning objectives include:
 

• Gain practitioner insights on recent developments in privacy and cybersecurity laws and the types of contract provisions that regulators may scrutinize in enforcement actions
• Study practitioner techniques for identifying and contractually mitigating privacy and cybersecurity risks in transactions, including for cloud software and connected devices
• Learn about the significance of well-defined cyber insurance coverage in relation to negotiating, executing, and monitoring compliance with commercial contracts that involve data

Who would benefit most from attending this program?
 

• In-house and law firm counsel who draft, negotiate, and advise on commercial transactions that carry privacy and cybersecurity risks
• Privacy and information technology professionals who advise organizations on data use, cybersecurity, and incident response
• Compliance professionals who advise on, draft, or administer organizational privacy and data security policies and procedures

 

Speakers:

 

• Reena Bajowala, Partner, Chair – Data Security & Privacy Practice, Ice Miller LLP
• William Denny, Partner, Potter Anderson & Corroon LLP
• David Derigiotis, Corporate Senior Vice President, Burns & Wilcox
• Peter Karalis, Legal Analyst, Corporate Transactions, Bloomberg Law