Clyde & Co Set Up Cyber Risks Team

Global law firm Clyde & Co has announced the launch of a new end-to-end international offering to help organisations manage and respond to cyber risk.

Named One, the Clyde & Co offering puts legal expertise at heart of the fight against cyber criminals and helps organisations respond to cyber threats and build their resilience. One provides a lawyer-led, one-stop-shop approach, which manages and calls upon a comprehensive global panel of pre-approved vendors across all disciplines according to client need. One has been established and has built on Clyde & Co’s existing offering in response to the growing range of cyber risks, their increased complexity and the significant impact cyber threats now have on business across sectors and geographies.

The One network is led by three Clyde & Co partners specialising in cyber risk, liability and litigation: Helen Bourne and Ian Birdsey based in the UK and John Moran based in Australia. They are supported by over 40 Clyde & Co partners around the world and their teams, who have combined experience in managing over 4,000 cyber events.

Clients will be able to reach the One network 24-hours-a-day, seven days a week via global telephone hotlines and email.

One is designed to support the full cyber lifecycle by helping clients boost their cyber resilience and provide a full package of support to organisations directly affected by cyber threats such as hacking and ransomware, both in terms of their immediate response and managing any resulting litigation or regulatory activity. It will work directly with corporates or via insurers, building on Clyde & Co’s market-leading reputation in the cyber insurance sector.

One will work with clients in three key areas:

  • improving organisational resilience and the ability to fend off cyber threats before they occur; (Readiness)
  • responding to live cyber events; (Response)
  • helping businesses recover from incidents, which may include the need for legal action. (Recover)

Examples of services provided under the One umbrella include:

  • Data and regulatory mapping, data risk register development, and digital risk auditBusiness continuity planning
  • Cyber incident response simulation exercises Full incident response management, team mobilisation and vendor coordination
  • Forensic review
  • Data breach assessment
  • Third party claims, litigation, class actions and regulatory investigations
  • Post-incident packages including review, repair and develop new systems and processes
  • Privacy compliance audit, policy review and privacy impact assessment
  • Response to regulatory queries
  • Recovery litigation against third parties
  • Regulatory investigation
  • Vulnerability, data risk assessment and root cause analysis post breach

The One network will operate from over 60 Clyde & Co offices across all regions of the globe providing local knowledge and language capabilities.

Clyde & Co’s global cyber team has managed over 4,000 cyber incidents. These range from small-scale hacking and ransomware incidents to advising clients on cryptocurrency risks, litigating data breach claims, retrieving stolen data and preventing the theft of personal financial information from trading websites., Clyde & Co works with commercial organisations directly, as well as drawing on its extensive experience and close relationships with the world’s leading insurance companies.

 

About alastair walker 10203 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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