Cyber Liability Insurance: A No-Brainer?

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Presented at RiskBasedSecurity 2016 by

Many believe that there are only two types of companies: those that have been hacked, and those that will be. Regardless of your viewpoint and no matter how many new shiny information security appliances are purchased, data breaches continue to happen at alarming rates. It doesn’t matter what industry or the size of an organization. No company seems to be immune. Yet, most information security professionals seem more willing to buy insurance for their latest tech gadget instead of purchasing Cyber Liability insurance to transfer a portion of their risk. If you knew your house was going to burn down or your car was going to be stolen, you would insure it. Do you have Cyber Liability insurance for your organizations's most important assets? This session will provide information on the data breach landscape and a behind the scenes look into Cyber Liability insurance. It will then discuss how this coverage can be integrated into a risk management plan and outline the risk transfer options that exist for organizations.