Cyber Insurance , Governance & Risk Management

Cyber Insurance and Cyber Security

Presented by Arbor Networks 60 minutes

In this new era of the "data breach du jour," cyber insurance has quickly emerged as a must-have for organizations across all sizes and sectors. But how do you know what type of coverage is right for your organization - what's covered and what's not? - and what role will the insurer play in the event of a breach?

Essentials of choosing cyber insurance;
Checklist for reducing your organization's risk;
Key questions to ask prospective cyber insurers.

Background

On one hand, the cyber insurance market is maturing, cyber actuarial tables are developing; Policies, coverage and forms are gradually becoming clearer. On the other hand, the traditional static "prevention" approach to building a security solution is being turned on its head in favor of dynamic, proactive threat detection and response capabilities. These seemingly independent development paths actually intersect in some places such as where statistics gathered from DDoS monitoring tools can help quantify the scope, size and trajectory of attacks and therefore the potential financial losses. Similarly calculating potential financial liabilities for insurance coverage purposes, can help show where security dollars can be best spent.

Hear from:

Attorney Richard Bortnick, a cyber insurance expert, who will describe how the cyber insurance market is maturing;
Security thought-leader Sam Curry, who will detail the direct and mutually beneficial relationship between insurance and security.