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Explore the critical aspects of cyber-insurance in this 52-minute RSA Conference panel discussion featuring industry experts. Gain insights into the coverage scope, limitations, and necessity of cyber-insurance in today's digital business landscape. Learn about exposure risks associated with third-party vendors, identify potential gaps in traditional insurance policies, and understand the complexities of policy language. Discover how to determine appropriate coverage limits, manage vendor risks, and navigate emerging challenges such as ransomware payments and GDPR compliance. Delve into topics including the life cycle of data breaches, risk allocation strategies, infrastructure exclusions, war exclusions, and the importance of employee training in mitigating cyber risks. Acquire valuable knowledge to make informed decisions about cyber-insurance for organizations of all sizes operating in an increasingly interconnected digital world.
Syllabus
Intro
Life Cycle of a Data Breach
What Coverages Are Offered
Paying Ransomware
Risk Allocation
How Much Limits Should You Buy
Limitations of Liability
Vendor Management
Infrastructure Exclusion
Not Pecha
War Exclusion
Coverages Triggered
Employee Training
GDPR
Directors Officers
Policy Language
Sources of Data
Taught by
RSA Conference