Can Cyber Insurance Stand in the Data Breach

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Presentation transcript:

Can Cyber Insurance Stand in the Data Breach Can Cyber Insurance Stand in the Data Breach? How to Maximize Coverage in a Buyer's Market

Disclaimer

Panel

Cyber Session Objectives

PART I: WHO’S VULNERABLE?

Identify the Exposure

Cyber Risk is Evolving Beyond PII

Cyber Risks – Qualification

Cyber Risks – Quantification - Data Breach Severity

2015 Global Cyber Impact Report

The percentage of PP&E and Information Assets Covered by Insurance

Companies value PP&E Higher than Information Assets

The PML value for PP&E and Information Assets

Impact of Business Disruption to Information Assets and PP&E

Financial Statement Impact

Basis of Liability or Loss

Relevant Cyber Related Cases

WHY DATA SECURITY MATTERS SO MUCH TO REGULATORS

LOOK BEYOND YOUR OWN ENTITY RISKS: THIRD-PARTY VENDOR RISKS

RISK MANAGEMENT IN ACTION

DEALING WITH A SECURITY BREACH.

Data Security Risk Management Checklist

PART III. INSURANCE POLICIES COVERING LOSS.

Analyze Coverage & Gaps Under Existing Policies

CYBER INSURANCE PURCHASE CONSIDERATIONS

Scope of Cyber Insurance Coverage

Cyber Policy – Major Exclusions

Market Update and Development

Cyber Insurance – Optimal Cyber Programme

Cyber Insurance Purchase Checklist

QUESTIONS?