Webinar:
Understanding Cyber Insurance & Quantifying Risk
Tuesday, July 13th, 2021 | 1:00 PM - 2:00 PM EDT
The cyber insurance industry is in turmoil as more and more businesses seek insurance protection against the onslaught of advanced threats, particularly ransomware, while both carriers and those seeking insurance lack the ability to automate risk and financial models to calculate security control improvements, improve response times and reduce exposure.
A deeper investigation into the forces behind the changes taking place in the cyber insurance market reveals three major challenges:
- Insurance underwriters rely on a highly manual, point-in-time approach to gathering data and assessing a company’s cyber risk exposure.
- Underwriters lack the ability to correlate loss data to vulnerabilities, deficient controls, misconfigured hardware or software, and the ability of an attacker to successfully compromise a critical application or system.
- Security assessments are conducted once before binding coverage and not revisited again until it’s time to renew the policy. In many cases, security assessments that are conducted on behalf of an underwriter are never shared with the company seeking insurance.
Join ThreatConnect and AHT Insurance for a live discussion about:
- Near-term and future trends in the cyber insurance market
- What companies can expect in terms of coverage, costs, and policy terms
- Why it is necessary and possible to scope the risk scenarios that matter most to your business from a financial and operational perspective
- How automated cyber risk quantification can reduce financial risk for underwriters, carriers, and the insured
Fill out the form to reserve your spot today!
Speaker Lineup
Moderator
Dan Verton, Director of Content Marketing, ThreatConnect
Dan Verton is an award-winning journalist and a former intelligence officer in the U.S. Marine Corps. He has authored several books on cybersecurity, including the 2003 groundbreaking work, Black Ice: The Invisible Threat of Cyber-Terrorism (McGraw-Hill) and The Hacker Diaries: Confessions of Teenage Hackers (McGraw-Hill). He has a Master of Arts in Journalism from American University in Washington, D.C.
Expert Panelist
Felicia Thorpe, Managing Advisor, AHT Insurance
Felicia Thorpe is a property and casualty risk advisor with a focus on insurance and strategic risk management for technology companies and government contractors. She has an extensive background in risk mitigation and collaborates with clients to find innovative ways to strengthen their business. Felicia specializes in international coverage, management liability and cyber liability. She is responsible for the evaluation of risk, exposures, and losses in order to design comprehensive insurance programs and implement risk management best practices.
Expert Panelist
Jerry Caponera, Vice President, Cyber Risk Strategy, ThreatConnect
Jerry Caponera is a cybersecurity executive with extensive experience in cyber risk management (and quantification), product management, and data analytics. He takes complex problems (risk quantification, threat identification/remediation, advanced analytics) and makes them easy to understand while also building out detailed plans for execution. Prior to ThreatConnect’s acquisition of Nehemiah Security, Jerry was responsible for driving Nehemiah’s product vision and strategy for the Risk Quantifier (RQ) product while also helping enterprises build out their cyber risk programs.