You’ve Been Hacked! Now Who’s Liable?

The Cyber Business Podcast

Nick Vento is an Associate Attorney at Schneider Smeltz Spieth Bell LLP, a full-service law firm specializing in business law, real estate, litigation, family law, taxation, and trusts and estates. Nick is the author of You've Been Hacked! Now Who's Liable?, an article published in the Cleveland Metropolitan Bar Journal. He’s been recognized with the Ohio Super Lawyers Rising Stars award and Best Lawyers: Ones to Watch in America™ honors for his commercial, trust, and estates litigation work. Before joining Schneider Smeltz Spieth Bell, Nick gained valuable experience in various civil litigation matters as an associate at different law firms.

In this episode…

Waking up to a security breach is any businesses worst nightmare. Not only could that cost thousands of dollars, but it also poses legal liability issues. What can companies do to prevent cyberattacks?

The first order of business will always be setting up a monitoring system to help identify threats. Prevention is the best cure, especially when your business is trusted to secure personal and financial information. However, even with all security measures enforced, cyber accidents still happen. In such cases, it’s difficult to understand the legal implications and liabilities of the parties involved due to the unique nature of cybersecurity attacks. Educating your staff on standard cybersecurity protocols can reduce liability issues and loss of capital.

In this episode of The Cyber Business Podcast, Matthew Connor is joined by Nick Vento, Associate Attorney at Schneider Smeltz Spieth Bell LLP, to discuss various topics from the legal side of cybersecurity attacks. They expand on party liability in business transaction incidents, the imposter rule and its role in litigation, the best cybersecurity breach prevention practices, and understanding cyber insurance coverage. Nick also shares his perspective on cyber liability and how to prevent security accidents.