The Cyber Insurance Imperative

DON'T BUY CYBER INSURANCE (until you have a fully funded cybersecurity budget!). As the global economy is slowing down, businesses are looking for ways to control costs. But skimping on network security is penny wise and pound foolish. In this episode, David introduces a new loss modeling tool that can help businesses get the most ROI for their risk management dollar.

A federal appeals court has recognized current and former employees of a company victimized by a ransomware event as having standing to sue over the breach of their personal information. What should businesses be doing to protect themselves, and how does cyber insurance come into play?

COMING TO AMERICA? The European Commission is proposing new legislation to safeguard the Internet of Things. As we have seen with the regulation of data privacy and social media, what happens in Europe eventually finds its way to the U.S.. What will the law require of businesses, and how will Cyber Insurance respond?

Add the Federal trade commission to the growing list of regulators looking into the data privacy practices of American businesses. What should your organization be doing to prepare for this latest round of enforcement? In this episode, David looks at legal and coverage considerations.

SEPHORA, SO GOOD! The California Attorney General is crowing about its first settlement of an enforcement action under the CCPA. But apart from the action taken against this beauty retailer, many other businesses are finding themselves in the regulators' crosshairs. What should businesses be doing to protect themselves?

London Bridge is not falling down! The new market bulletin from Lloyd's addressing state sponsored Cyber attacks has caused a bit of panic in the cyber insurance community. But what Is the real scope and impact here? In this episode, David breaks down what it is, what it does, and what it isn't.

What do the great theologian Martin Luther and the Federal Trade Commission have in common? The FTC is launching a new push into the areas of cybersecurity and data privacy. Reformation, regulation, and what it means for American businesses.

Underwriters of cyber insurance are beginning to scrutinize the representations that policyholders make during the application process. How can businesses ensure that their security controls are accurately reflected in the application so their claims don't end up being denied at a later date? In this episode, In this episode, David explains the importance of providing fulsome answers, and the role of the broker in the underwriting submission process.

A quantum leap forward? Washington is already taking steps to safeguard our nation against the threat to traditional encryption methods posed by quantum computing, but what can businesses do today to better manage risk in the area of data protection?

RETAILER'S LAWSUIT RUNS OUT OF GAS! Underwriters of Cyber insurance should be breathing a sigh of relief now that a federal court has dismissed a potential class action lawsuit against a gas pipeline in connection with a business interruption it suffered last year due to a ransomware event. But where does that leave downstream business partners when supply chains are disrupted? David discusses how the right policy wording can make a difference.