Editorial Board   Guest Author

Mr. Farley

John Farley

Managing Director - Cyber Liability Practice, Gallagher

John Farley leads Gallagher's Cyber Practice developing and executing strategy for cyber insurance and related insurance coverage lines. He assists clients across all industries in navigating the dynamic cyber insurance markets as a means to cyber risk transfer while providing guidance on emerging regulatory risk, cyberattack techniques, cyber risk prevention and data breach cost mitigation strategies.

Mr. Farley is an industry-recognized subject matter expert in cyber risk management. He is also a frequent guest speaker and a published author with a 27 year track record in the insurance industry. Part of Gallagher since 2019, Mr. Farley gained valuable experience at other insurance brokerages including Marsh & McLennan, Wells Fargo Insurance Services and HUB International.

During his career Mr. Farley forged strategic relationships with cyber insurance underwriters, privacy attorneys, IT forensics investigators, and law enforcement. His extensive experience earned him a seat on an advisory board for the U.S. Treasury.

Mr. Farley served clients by facilitating cyber risk assessments to identify and remediate network vulnerabilities to portray clients in the most favorable light as they entered the insurance market. He also wrote detailed incident response plans and coordinated table top exercises that included live hacking demonstrations. He was also the main source of cyber risk education for clients by leading cyber risk education training programs.

Mr. Farley also was a lead data breach response resource for clients. He quarterbacked the response to over 400 cyberattacks involving social engineering schemes, ransomware infiltrations, Denial of Service attacks, vendor data breaches, employee negligence and rouge insiders. This experience drove Mr. Farley to recommend key changes to cyber insurance policy forms to broaden insurance coverage for clients in the face of ever-evolving and sophisticated cyberattacks.

Please visit http://www.ajg.com for more information.

Mr. Farley can be contacted at +1 212-349-6600 or john_farley@ajg.com

Coming up in December 2019...

Hotel Law: A Labor Crisis and Cyber Security

According to a recent study, the hospitality industry accounted for 2.9 trillion dollars in sales and in the U.S. alone, was responsible for 1 in 9 jobs. In an industry of that scope and dimension, legal issues touch every aspect of a hotel's operation, and legal services are required in order to conform to all prevailing laws and regulations. Though not all hotels face the same issues, there are some industry-wide subjects that are of concern more broadly. One of those matters is the issue of immigration and how it affects the ability of hotels to recruit qualified employees. The hotel industry is currently facing a labor crisis; the U.S. Labor Department estimates that there are 600,000 unfilled jobs in the industry. Part of the problem contributing to this labor shortage is the lack of H2B visas for low-skilled workers, combined with the difficulty in obtaining J-1 visas for temporary workers. Because comprehensive immigration reform is not being addressed politically, hotel managers expect things are going to get worse before they get better. Corporate cyber security is another major legal issue the industry must address. Hotels are under enormous pressure in this area given the large volume of customer financial transactions they handle daily. Recently, a federal court ruled that the Federal Trade Commission had the power to regulate corporate cyber security, so it is incumbent on hotels to establish data security programs in order to prevent data breaches. The lack of such programs could cause hotels to face legal threats from government agencies, class action lawsuits, and damage to their brand image if a data breach should occur. These are just two of the critical issues that the December issue of Hotel Business Review will examine in the area of hotel law.