2017 Information Security and Cyber Risk Management Survey

Advisen and Zurich released a white paper that highlights the results of a survey conducted among risk professionals to get their view of corporate attitudes and strategies around cyber risk and cyber security in general. The 11-page white paper concluded that recent developments warrant a greater need for guidance in developing cyber risk management programs and improving cyber risk policies in general.

This story is an excerpt of the original. The content originally appeared in Advisen Media White Papers.

Zurich | Advisen Ltd. October 2017. 2017 Information Security and Cyber Risk Management Survey [White Paper].

Equifax Breach Renews Calls for National Data Breach Standards

A series of congressional hearings focused on the Equifax data breach came with a call for a national data breach notification from the head of the US House of Representatives Financial Services Committee.

“If you are hearing my voice, you are either the victim of the breach or you know someone who is. That`s how massive this breach was,” said Rep. Jeb Hensarling (R-TX). “The criminals got basically everything they need to steal your identity, open credit card accounts in your name and cause you untold frustration and financial calamity.

Erin Ayers, Equifax breach renews calls for national data breach standards (October 9, 2017), available with subscription at Advisen Cyber Front Page News.

US Relationship Status with GDPR: It’s Complicated

The time for US companies to get ready for the EU’s General Data Protection Regulation is now and it’s all hands on deck.

“Who shouldn’t?” answered Liz Walker when asked who within an organization should prepare for the directive, which will transform how businesses process and handle data. It is scheduled to go into effect May 25, 2018.

“This isn’t just a legal department or compliance issue, or a risk management issue,” said Walker, head of enterprise risk and global insurance at Groupon Inc., during a recent Advisen webinar sponsored by CyberScout. “This is going to touch every aspect of your business.”

Chad Hemenway, US relationship status with GDPR: It’s complicated (October 5, 2017), available with subscription at Advisen Cyber Front Page News.

Blockchain and Cyber Risk

Wednesday, October 18 at 11am ET

Imagine a world where every process, agreement, task and payment would have a digital code that could be identified, validated, stored and shared. That’s the gigantic potential of blockchain technology. According to Forbes, “everyone from Wall Street to Walmart is betting on it.” The important question in the insurance industry is how blockchain adoption will affect cybersecurity and cyber insurance.

For more info and registration of this upcoming webinar, visit: https://www.advisenltd.com/2017/10/18/blockchain-cyber-risk/

SVIA | Advisen Ltd. October 2017. Blockchain and Cyber Risk [Webinar].

The Importance of Speed in Cyber Underwriting

As cyber insurance underwriting evolves, speed is essential. Risks and organizations change rapidly and knowing the right questions to ask, along with the right threat data, can make the process run smoother for brokers, insurers, and their clients.

On Thursday, September 7, join Advisen’s Erin Ayers, Symantec’s Nikon Rasumov, and other panelists for an in-depth discussion of the best ways to present better risk profiles for your cyber clients and close deals more quickly.

This free, one-hour webinar is sponsored by Symantec.

For more info and registration of this webinar, visit https://www.advisenltd.com/2017/09/07/importance-speed-cyber-underwriting/

Advisen Ltd. September 2017. The Importance of Speed in Cyber Underwriting [Webinar].

The Importance of Speed in Cyber Underwriting

This free, one-hour webinar is sponsored by Symantec.

For more info and registration of this webinar, visit https://www.advisenltd.com/2017/09/07/importance-speed-cyber-underwriting/

Advisen Ltd. September 2017. The Importance of Speed in Cyber Underwriting [Webinar].

The Digital Ecosystem – How to Manage Cyber Effects on Your Supply Chain

Webinar Date: June 7, 2017 at 11:00 A.M. ET

Businesses are investing heavily in assessing and testing their own cyber security strategy. But what do you know about your partners, suppliers and service providers?

Although, you are less able to control their cybersecurity adequacy, you can certainly be better-equipped at influencing their level of protection and how much of a risk they pose to your business.

This webinar will address why and how a company’s digital ecosystem is vulnerable to cyberattack.

For more info and registration about this upcoming event, visit http://www.advisenltd.com/2017/06/07/digital-ecosystem-manage-cyber-effects-supply-chain/

Advisen Ltd. | TSC Advantage. (2017). The Digital Ecosystem – How to Manage Cyber Effects on Your Supply Chain [Webinar].

Cyber Liability Due Care Requirements: Prepare Your Organization to Address Them

January 2017

Night Lion Security has released a report that focuses on the concept of due care in the cyber risk industry. This 5-page paper features a discussion on how organizations can prepare cyber liability due care requirements.

Understanding the Concept of Due Care

What is due care in cyber liability policies? What are the guidelines for due care and how can they be met? What is the National Institute of Standards and Technology’s (NIST) Cyber Security Framework? These are some of the questions answered in this paper from Night Lion Security.

Learn more about the paper and download it here: http://www.advisenltd.com/2017/01/06/cyber-liability-due-care-requirements/

Advisen Ltd. (January 2017). Cyber Liability Due Care Requirements: Prepare Your Organization to Address Them [White Paper]. Retrieved from http://www.AdvisenLtd.com

Bundling Cybersecurity Protection and Risk Transfer Together: What are the Benefits?

November 17, 2016
11:00 am – 12:00 pm ET

Cyber crime costs organizations an estimated $400 billion every year, and this number is growing fast.

With an ever-increasing need for cybersecurity, insurers and cybersecurity vendors are exploring new ways to create innovative product offerings. Bundling a cybersecurity solution with an insurance offering for an organization to gain protection against cyber threats and also transfer cyber risk is one such novel approach. The joint solution offers tremendous benefits to customers and vendors.

Earlier this year, Symantec Cyber Insurance partnered with Chubb and CoverHound to offer a consolidated cyber insurance product tailored for SMBs.

On Thursday, November 17, join Symantec’s Dave Gillmore, Coverhound’s Anita Sathe, Aite Group’s Jay Sarzen, and Advisen’s Chad Hemenway as they provide a closer outlook of these emerging relationships. They will discuss the benefits of this new holistic approach to address cybersecurity challenges. They will also analyze its ability to mitigate insurance claims, enable customers with a strong security posture, access qualified prospects and differentiate insurance products.

This free, one-hour webinar is sponsored by Symantec.

For more info and registration for this webinar, visit http://www.advisenltd.com/events/webinars/2016/11/17/bundling-cybersecurity-protection-and-risk-transfer-together-what-are-the-benefits/

Advisen Ltd. (2016). Bundling Cybersecurity Protection and Risk Transfer Together: What are the Benefits? [Webinar].

2016 Survey of Cyber Insurance Market Trends

October 2016

Advisen and PartnerRe released a white paper featuring the results of a comprehensive survey of the evolution of the cyber insurance marketplace. The 2016 Survey of Cyber Insurance Market Trends is intended to give insurance providers and brokers additional insight into the factors and trends impacting that evolution, as well as the demand and growth potential for cyber insurance products in the US.

The free, 11-page paper is sponsored by PartnerRe.

Read and download the paper @ http://www.advisenltd.com/2016/10/25/2016-survey-of-cyber-insurance-market-trends/

Advisen Ltd. (October 2016). 2016 Survey of Cyber Insurance Market Trends [White Paper]. Retrieved from http://www.AdvisenLtd.com