30 Oct Forward-thinking companies insure to mitigate cyber liability. Is it enough?
Cyber Liability – the Risk and Solutions
Last week, a teenager hacked the Director of the CIA John Brennan’s emails, as well as those of Homeland Security Secretary Jeh Johnson. The teen explained to Wired how he did it. Easy.
Retail and consumer services are just as vulnerable. The Anthem, Home Depot, JP Morgan Chase, Target, Ebay, and NASDAQ hacks all occurred just this year.
If you are a company that stores sensitive customer data, credit card numbers for example, you are a potential candidate for cyber insurance. As the magnitude and boldness of recent data breaches grow, cyber risk mitigation and transfer rises as a top priority for C-suite executives.
Cyber insurance is the leading solution today. In fact, cyber insurance is now being required by financial lenders and investors as well as supply chain partners. And with each new headline, cyber insurance rates climb.
If your CIO and CFO aren’t actively discussing these issues, it’s time to start – at Fusion.
See full agenda, speakers and register at www.fusionsummit.com
The Fusion Summit 2015 will provide you with expert insights about cyber liability and insurance from the experts who know:
- Moderator: Joan Schmit, Professor, Actuarial Science, Risk Management & Insurance, UW Madison
- Stephanie Dingman, Vice President, Aon Risk Solutions
- Mark Foley, Shareholder, von Briesen & Roper, s.c.
- Jay Isaacson, Vice President, Product Executive, CUNA Mutual Group
Here are some of the things you’ll learn:
- When should organizations be concerned about their cyber risk exposure?
- How do organizations transfer cyber risk?
- Why are standard insurance policies not enough?
- What is the scope of today’s cyber coverage?
- How do you identify and analyze exposures, risk, and potential insurance?
- How can you manage risk to lower premiums?
- What are the alternative solutions?
If your CIO and CFO aren’t actively discussing these issues, it’s time to start – at Fusion.
Check out the full agenda and all of the exciting information here