Cyber Insurance – Risks, Challenges And Costs

With escalating cyber activity and ransomware over the past several years, it is now harder to get cyber insurance. Insurance companies require certain minimum controls and processes are in place in order to issue or renew a policy.

In this panel discussion, we will explore how Insurance companies evaluate your security posture, what controls and processes are required and provide guidance to have these in place, as well as discuss how security posture of an acquired entity could impact your go forward strategy.

This will help you acquire and/or renew a cyber policy, as well as ensure you have the right coverage and are paying an amount commensurate to your risk.

Our panel will discuss:
— How to lower cyber insurance premiums by leveraging your investment in cyber security
— The steps you can you take to prove lower IT risk to an insurance underwriter
— Why “doing” and “proving” are very different aspects of cyber insurance
— How your M&A activity could be affected by cyber insurance

Moderator:
Steve Roesing, President/CEO, ASMGi

Panelists:
— Kenton Gottshall, Manager, Commercial Sales, SecurityScorecard
— Sharmeen Rehman, Broker, BlackFire Cyber Insurance
— Dan McMullen, Head of Cyber and Privacy, Calfee, Halter & Griswold, LLP

This panel will address the insurance requirements for a cyber incident. We’ll explain how all of these objectives are attainable despite the escalating risks that organizations face every day.

Please join ASMGi to discuss the complexity of these challenges and how to address them.