King & Spalding hosted its third annual Cybersecurity and Privacy Summit in its Atlanta office. About 120 people gathered for the daylong event, which featured six panels discussing the litigation, industry and regulatory trends shaping the cybersecurity landscape.

Third-party vendors and cyberinsurance emerged as sources of confusion and concern for attendees, and panels dedicated to the topics sought to quell the uneasiness each topic causes for companies hoping to keep data secure:

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Mitigating Risk From Third-Party Vendors

An early panel encouraged attendees to look beyond internal technology standards to a potentially bigger risk to their data: the third party vendors companies invite into their systems. King & Spalding partner Emma Maconick facilitated a discussion with financial services organization leaders Don Riddick, assistant general counsel for TSYS, and Justin Offen, principal at PwC, on the risks introduced by third-party vendors and how those risks can be mitigated.