Is Your Business Secure? Exploring Cyber Insurance
Is Cyber Insurance a Necessity in Today's Digital Landscape? Discover how it shapes cybersecurity strategy with Max Clark, founder of ITBroker.com, and Joseph Cook, a seasoned expert in Technology and Cyber Liability. They delve into the critical role of prevention and rapid response in mitigating cyber threats. Could cyber insurance be the key to minimizing damage from inevitable attacks? Join us in this insightful discussion and share your thoughts in the comments!
Time Stamp:
00:00 - Introduction: Insurance in Cybersecurity - Business Drivers and Business Impacts
01:00 - Cybersecurity Insurance Landscape
02:00 - Introducing Joseph Cook, Insurance Consultant, CYB, Technology, and Cyber Liability Practice Group Leader
07:15 - Insurance Protecting the Balance Sheet and Different Types of Insurance
12:03 - Three Main Products for Cyber Insurance
17:20 - Getting the Right Policy Design
19:34 - Samples of Cybersecurity Business Risks
26:42 - Misrepresentation in Insurance
37:00 - Risk Management and Controls
43:27 - How to Choose the Right Policy Design and Consideration Factors
57:13 - Interacting with Cyber Insurance When a Breach Happens
01:08:04 - Experiencing a Cyber Attack Before Companies Get Cyber Insurance
01:10:00 - Learning About Chubb Cyber Insurance Index for Benchmarking Data When Buying a Policy
01:15:10 - Final Closing Remarks from Joseph Cook
01:16:24 - Final Closing Remarks from Max Clark
Time Stamp:
00:00 - Introduction: Insurance in Cybersecurity - Business Drivers and Business Impacts
01:00 - Cybersecurity Insurance Landscape
02:00 - Introducing Joseph Cook, Insurance Consultant, CYB, Technology, and Cyber Liability Practice Group Leader
07:15 - Insurance Protecting the Balance Sheet and Different Types of Insurance
12:03 - Three Main Products for Cyber Insurance
17:20 - Getting the Right Policy Design
19:34 - Samples of Cybersecurity Business Risks
26:42 - Misrepresentation in Insurance
37:00 - Risk Management and Controls
43:27 - How to Choose the Right Policy Design and Consideration Factors
57:13 - Interacting with Cyber Insurance When a Breach Happens
01:08:04 - Experiencing a Cyber Attack Before Companies Get Cyber Insurance
01:10:00 - Learning About Chubb Cyber Insurance Index for Benchmarking Data When Buying a Policy
01:15:10 - Final Closing Remarks from Joseph Cook
01:16:24 - Final Closing Remarks from Max Clark
****
Are you having trouble integrating IT into your overall strategy or ensuring it works effectively with your other business departments?
Hack Your Stack explores these challenges and shares stories and insights from experts and business leaders who have successfully overcome them. Tune in to hear unconventional approaches that made a difference to companies, conversations between business leaders to bridge the gap, and lessons on how to move faster and win with IT!
***
P.S. Did you like the show? We will be releasing new episodes, so please subscribe and stay up-to-date!
***
Website: www.itbroker.com
Let's connect:
LinkedIn: Linkedin.com/in/maxclark
Twitter: twitter.com/maxclark
Business Page
LinkedIn: www.linkedin.com/company/itbrokerdotcom
Instagram: www.instagram.com/itbrokerdotcom
Facebook: www.facebook.com/ITBrokerdotcom
#insurance #cyberinsurance #cyberattack #cybercrime #cyberdefense #Cybersecurity #technology #tech #techindustry #techcommunity #informationtechnology #ceo #cfo #Businessgrowth #HackYourStack #Podcast
