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Can Cyber Insurance Stand in the Data Breach

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Presentation on theme: "Can Cyber Insurance Stand in the Data Breach"— Presentation transcript:

1 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

2 Disclaimer

3 Panel

4 Cyber Session Objectives

5 PART I: WHO’S VULNERABLE?

6 Identify the Exposure

7 Cyber Risk is Evolving Beyond PII

8 Cyber Risks – Qualification

9 Cyber Risks – Quantification - Data Breach Severity

10 2015 Global Cyber Impact Report

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

12 Companies value PP&E Higher than Information Assets

13 The PML value for PP&E and Information Assets

14 Impact of Business Disruption to Information Assets and PP&E

15 Financial Statement Impact

16

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18 Basis of Liability or Loss

19

20 Relevant Cyber Related Cases

21 WHY DATA SECURITY MATTERS SO MUCH TO REGULATORS

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

23 RISK MANAGEMENT IN ACTION

24 DEALING WITH A SECURITY BREACH.

25 Data Security Risk Management Checklist

26 PART III. INSURANCE POLICIES COVERING LOSS.

27 Analyze Coverage & Gaps Under Existing Policies

28

29 CYBER INSURANCE PURCHASE CONSIDERATIONS

30 Scope of Cyber Insurance Coverage

31 Cyber Policy – Major Exclusions

32 Market Update and Development

33

34 Cyber Insurance – Optimal Cyber Programme

35 Cyber Insurance Purchase Checklist

36 QUESTIONS?


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