EP 5 Beyond the Brokerage: Cyber Insurance – What you don’t know CAN hurt you.

Welcome back to One Step Beyond Cyber! In this illuminating episode, your host Scott Kreisberg is joined by two industry experts, Tim Derrickson, and Joseph Cook. Tim is our resident Certified Information Systems Security Professional (CISSP), and Joseph is a seasoned cyber risk manager with over 10 years of insurance expertise at The Arizona Group.🛡️ Are you safeguarding your business effectively against cyber threats? 🌐 Discover why businesses need both IT services and cyber liability insurance for complete protection. We'll highlight the incredible advantages of merging cybersecurity measures with insurance coverage. Don't miss this eye-opening discussion!📜 Think cyber liability insurance (CLI) is all you need? 🤨 We'll debunk the myth that policy terms and conditions are irrelevant. Tim and Joseph dive into the importance of understanding your coverage in this sarcastically informative segment.🤝 How often should you consult with your insurance advisor? 🗓️ Tim and Joseph share their insights, discussing QBRs, scanning, and the annual check-ins that can make all the difference.📊 Is there a one-size-fits-all cyber insurance plan? 🤝 Discover why you should think of your brokers and consultants as trusted consultants, not just vendors. We'll break down the importance of understanding your compliance requirements and adapting to the dynamic needs of your business.💼 Self-insuring your business against cyber risks? 🤯 Learn about the biggest misconception surrounding self-insurance and its limitations. Tim shares stories of businesses attempting IT/IS with underqualified family members, highlighting the risks involved.🔚 In our outro, we'll summarize the key takeaways, leaving you with a clear understanding of why a proactive approach to cyber insurance and risk management is vital for your business's safety.🚀 Don't forget to hit that like button, subscribe, and share this episode with fellow business owners. Together, let's navigate the complex world of cyber insurance and take our businesses One Step Beyond Cyber! Podcast Video One Step Secure IT - YouTubeLearn about our services  https://www.onestepsecureit.com/Host by:  Scott Kreisberg - CEO & Founder of One StepProduced by One Step Secure IT----LinkedIn: https://www.linkedin.com/company/onestepsecureit/mycompany/Facebook:https://www.facebook.com/OneStepSecureITTwitter:https://twitter.com/onestepsecureit