Sidley Austin in conjunction with DataGuidance held a webinar on July 17 which examined the legal aspects of cyber security risk as a source of corporate liability. Topics covered included the recently announced UK Government “Cyber Essentials Scheme” which aims to encourage businesses to build cyber security into their operations, how to reduce cyber security risks through insurance and how to put in place governance structures and risk registers to evaluate and deal with cyber security as well as data protection compliance, information security reviews and vendor/supplier contract review programmes.