Capital Ideas is a podcast series dedicated to looking at the world of digital transformation brought to you by the team at Capital Law. From cyber security to education, and everything in between, we will be looking at how the legal sector has had to rapidly digitalize to keep up with emerging trends, and as a response to COVID-19.
In this episode, our host, Sue Wardle, talks to IT director Rhys Davies, commercial lawyer Chris Coughlan, and insurance lawyer, Charlotte Gregory about some of the main topics surrounding cyber security within the digital transformation context.
We discuss the main risks and opportunities within cyber security since the outbreak of COVID-19 in 2020, the lessons learnt, the increasing prevalence of cyber-attacks, and how all of this is impacting the insurance space.
Please note, our discussion and the information given by our solicitors does not constitute legal advice. Advice subject to change.
Rhys Davies – IT director
Chris Coughlan – commercial lawyer
Charlotte Gregory – insurance lawyer
Sue Wardle – host, communications director
Information on the WannaCry attack: https://www.telegraph.co.uk/technology/2018/10/11/wannacry-cyber-attack-cost-nhs-92m-19000-appointments-cancelled/
Cyber Security Breaches Survey 2021 (UK Government): https://www.gov.uk/government/statistics/announcements/cyber-security-breaches-survey-2021
Further reading on insurance ransom payments: https://www.theguardian.com/technology/2021/jan/24/insurers-funding-organised-by-paying-ransomware-claims