Managing Cyber Exposure: 2020 and Beyond – Part 2

In Managing Cyber Exposure: 2020 and Beyond – Part 2, Host and Director of Faculty Development, Jay Williams, CIC, CRM, CRIS, MLIS, AIP, AAI, ACSR; interviews Paul Burkett, J.D., CIC, CRM, CPCU, ARM, ALCM, about risk management as it relates to clients. Listen as they discuss the risk management elements affecting business executives, presidents, and everyone else who manages a business. With increased regulatory pressure, insurance agents are being forced to understand a highly technical and rapidly changing cyber threat landscape. As the industry witnesses more and more unique security breaches, how should agents manage risks in the cyber world? Tune in to hear why it’s crucial to think like a cybercriminal, how there’s a whole lot more to confidential assets than we think, and what the C.I.A method can teach you about information security, and so much more. Don’t miss this insightful podcast!

Episode 52 of the Alliance NOW! Risk & Insurance Podcast Series podcast, hosted by The National Alliance for Insurance Education & Research, titled "Managing Cyber Exposure: 2020 and Beyond – Part 2" was published on December 18, 2020 and runs 41 minutes.

December 18, 2020 ·41m · Alliance NOW! Risk & Insurance Podcast Series

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Summary

Episode Description

Excerpt From Part 1:

Cyber extortion is growing. Risk Management professionals are dealing with the issues of unintentional disclosure of data, damaged and stolen data, data restoration, and malicious breaches. We are also witnessing more unauthorized data collections of intellectual property which cause significant losses that are typically not covered under cyber policies.

In addition, we are aware that devices are constantly fighting phishing, spoofing, farming, and smishing attempts. We must also account for vendor errors as well as the technology errors and omissions claims that come with them, not to mention losses caused by business interruption, extra expenses, and expediting expense exposures. As the world of cloud computing continues to explode and data remains at risk, what are we to do in response to these evolving exposures?

Focusing exclusively on risk management and insurance professional development, the Risk & Insurance Education Alliance provides a practical advantage at every career stage, positioning our participants and their clients for confidence and success.