Joshua Gold is a shareholder in Anderson Kill’s New York office. He has represented numerous corporate and non-profit policyholders in various industries, with recoveries for his clients well in excess of $1 billion. Gold is co-chair of Anderson Kill’s Financial Services Industry Group and a member of the firm’s Hospitality Industry Group.
Gold’s practice involves matters ranging from international arbitration, data security, directors’ and officers’ insurance, business income/property insurance, commercial crime insurance, and insurance captives. He has been lead trial counsel in multi-party bench and jury trials, and has negotiated and crafted scores of settlement agreements including coverage-in-place agreements.
All manner of business ethics ranging from honest and fair disclosures in the case of public companies to FCPA compliance. I would put cyber security risk as a very close second area of greatest concern for executives in just about every industry.
Cyber/information security.
Yes, although I don’t think you need any single one of those threats to impel executive concern. Business survival is enough of a motivator to keep executives focused. Just look at how profound the Sony Pictures breach was.
From a policyholder perspective, I think the insurance industry could be a lot more policyholder friendly in offering a simpler-to-understand insurance product for a serious set of risks that most policyholders confront.
What keeps you awake at night?
Those businesses that have not gotten around to devising a cyber catastrophe plan and assembling the team necessary to implement the plan. Time is precious in the context of a data breach.