Bright Ideas Roundtable: Pulling Back the Veil and Demystifying Cyber Insurance

Tuesday, October 15, 2024

9:10am – 10:10am PT

Location: Pompeian I - II

CPE Credits 1

Facilitator(s)

Robert Lelewski, CISSP-ISSMP, GCIH, CIPM, CDPSE, CISA, CISM, CRISC

Vice President of Cyber Security Strategy
Zurich Insurance, United States

Panelist(s)

Emily L. Selck

Director of Strategy
Baldwin Risk Partners, United States
Brian T. Nesgoda

CIO/CISO
Black Swan Technologies, United States
Stephanie Banning

Head of North American Cyber Underwriting
BOXX Insurance, Canada

With the increased frequency, cost and scope of cyberattacks, cyber insurance has become a business necessity. Without insurance designed to address these risks, the financial impact of a cybersecurity incident and the corresponding recovery may be too much for an organization to absorb. The expansion of both state and federal privacy regulations adds further compliance responsibilities.

This discussion, with industry leading cyber insurance and risk management professionals, will explore the current status of the cyber insurance industry, as well as developments to come. The panelists will explain to both new and existing cyber insurance applicants how they can better understand and navigate the cyber insurance process. Topics will include common misperceptions about cyber insurance and how businesses can be better prepared for the application process.

Learning Objectives:

Understand what insurance brokers and underwriters are truly concerned about regarding your organization's risk posture in the cyber insurance application process.
Better prepare for the cyber insurance application process, enabling the organization to be better prepared *prior* to starting the process.
Understand that not all cyber insurance policies are the same. It is important to be able to assess and compare cyber insurance policies to ensure that a policy is selected that transfers the appropriate risks from the organization.