The Growing Global Maturity of Cyber InsuranceAttorney Mark Doepel on Key Questions Boards, C-Suites Need to Ask
When it comes to risk, attorney Mark Doepel sees what he describes as "high cyber awareness, but low cyber literacy" among senior business leaders. But as nations adopt new breach legislation, boards and C-suites need to develop a deeper, granular understanding of risk - and fast.
In an interview at the Sydney Fraud and Breach Prevention Summit, Doepel discusses:
- Why business leaders are overlooking cyber risk;
- The global maturity of the cyber insurance industry;
- Questions that boards and C-suites must ask as new breach legislation is enacted.
Doepel is a partner in the Australian law firm of Sparke Helmore, where he specializes in professional indemnity and directors' and officers' claims and has been involved in some of Australia's most notable PI and D&O claims. He also works on clinical negligence claims, reinsurance disputes and cyber issues. Doepel is the chairman and a director of Lloyd's Australia Limited.