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Show Website: https://mspbusinessschool.com/ Welcome to another engaging episode of MSP Business School, where your host Brian Doyle dives into the pressing issue of cyber insurance claims, which shockingly sees over 40% rejected, posing significant threats to businesses. In this fireside chat, Brian navigates through the core challenges MSPs face when dealing with cyber programs for their customers, urging them to build robust security and governance frameworks to minimize risks and ensure their claims are payable during security incidents. In this episode, the transcript illuminates how MSPs can enhance their cybersecurity offerings by focusing on accurate application processes, comprehensive policies, and improved risk management strategies. By implementing frameworks like NIST CSF or CIS, MSPs can better serve clients, ensuring that gaps are identified, and risks mitigated effectively. Brian stresses the value of multifaceted cybersecurity programs, from human capital considerations to architecture, tools, and advisory services, offering insightful strategies to build resilient client partnerships and establish themselves as trusted advisors in the C-suite. Key Takeaways: Cyber insurance claims see a 40% rejection rate, often due to inaccuracies in insurance applications. Creating a culture of cybersecurity through detailed policies, user training, and risk assessment is crucial for businesses. MSPs are encouraged to adopt a governance layer, leveraging frameworks like NIST CSF, to facilitate comprehensive risk management profiles. Emphasizing the role of VCISO, MSPs should assist clients in developing strategic cyber programs addressing architecture, tools, training, and compliance. Ensuring robust incident management and cybersecurity defense programs can safeguard against both immediate threats and long-term reputational damage. Host Brian Doyle: https://www.linkedin.com/in/briandoylevciotoolbox/ Sponsor vCIOToolbox: https://vciotoolbox.com
As cyber threats evolve, the insurance industry struggles to keep pace, leading to shifting policies, increasing exclusions, and unexpected coverage gaps. Watch this highlight from the latest Cyber … Read More » The post Cyber Insurance: Navigating the Ever-Changing Risk Landscape appeared first on Insurance Journal TV.
As cyber threats evolve, the insurance industry struggles to keep pace, leading to shifting policies, increasing exclusions, and unexpected coverage gaps. Watch this highlight from the latest Cyber … Read More » The post Cyber Insurance: Navigating the Ever-Changing Risk Landscape appeared first on Insurance Journal TV.
As cyber threats evolve, the insurance industry struggles to keep pace, leading to shifting policies, increasing exclusions, and unexpected coverage gaps. Watch this highlight from the latest Cyber … Read More » The post Cyber Insurance: Navigating the Ever-Changing Risk Landscape appeared first on Insurance Journal TV.
Send us a textIn this episode, host Joe sits down with Ricoh Danielson, a former Special Forces operator turned cybersecurity expert and CISO. Ricoh shares his incredible journey—from nine combat rotations overseas to law school, and eventually a career pivot into IT and digital forensics. Discover how military discipline, resilience, and adaptability shaped his path to leadership in incident response and ransomware negotiation. Packed with insights on cybersecurity careers, leadership mentality, and the future of satellite warfare, this conversation is a must-listen for aspiring security professionals and military transitioners. Connect with Ricoh at firstresponder.us or on Instagram @rico_danielson_. Subscribe for more inspiring stories!00:00 - Introduction to Ricoh Danielson02:17 - Military Background and Special Forces Transition06:40 - Career Pivot to IT and Cybersecurity16:58 - Leadership Lessons in Cyber35:40 - Digital Forensics and Ransomware Insights47:56 - How to Connect with RicohSupport the showFollow the Podcast on Social Media! Tesla Referral Code: https://ts.la/joseph675128 YouTube: https://www.youtube.com/@securityunfilteredpodcast Instagram: https://www.instagram.com/secunfpodcast/Twitter: https://twitter.com/SecUnfPodcast
In this episode, I speak about: Overview of the rising importance of cyber insurance in managing organizational risks due to cyber threats. The focus of the episode: what cyber insurance covers and how it benefits businesses. Key Segments: What is Cyber Insurance? Definition and purpose: Mitigating risk from cyber incidents (e.g., data breaches, ransomware). Common coverage areas: data recovery, legal fees, notification costs, business interruptions. Importance of Cyber Insurance: Growing cost of data breaches and their financial implications for businesses. Safety net for quicker recovery post-attack. Choosing a Policy: Key factors: coverage limits, types of incidents covered, deductibles, claims processes, and risk assessments. Real-World Examples: Companies benefiting from cyber insurance during ransomware attacks and data breaches. Beyond Financial Coverage: Risk management resources, incident response, and reputation management. Building trust with clients and stakeholders. Debunking Misconceptions: Clarifying myths such as “cyber insurance replaces cybersecurity” and “only large organizations need it.” Future Trends: Predictive analytics, collaboration in the security ecosystem, and new regulatory guidelines shaping cyber insurance policies. Conclusion: Cyber insurance is essential alongside robust security measures. Tailoring policies to individual needs and updating them regularly. Final remarks and a call to action: Stay secure, subscribe, and share insights Join me for an insightful discussion on protecting your organisation from sophisticated cyber threats. Enjoy! You can listen on: At Intex IT Website: https://intexit.co.uk/podcast/ ITUNES: https://podcasts.apple.com/gb/podcast/cyber-security-happy-hour/id1515379723/ Do not forget to subscribe to the podcast so you never miss an episode. #podcast #CyberSecurity #InfoSec #DataProtection #PrivacyMatters #ThreatIntelligence #ZeroTrust #SecureTheFuture #CyberAware #RiskManagement #DigitalDefense #SecurityAwareness #Encryption #ITSecurity #CloudSecurity #HackerDefense #NetworkSecurity #PhishingPrevention #IdentityProtection #SecurityEducation #IncidentResponse #MalwareDefense #IoTSecurity #CyberResilience #SecureSoftware #PatchManagement #CISOInsights CyberHygiene #CyberThreats #SecureInfrastructure #ThreatDetection #SecurityConsulting #IncidentResponse #DigitalSecurity #SecureSoftware #CloudSecurity #CyberSafe
Thomas Reagan is the Global Head of Cyber at Marsh. In this episode, he joins host Paul John Spaulding and Kris Lovejoy, Global Security and Resilience Practice Leader at Kyndryl, to discuss how cybercrime is affecting the cyber insurance market, including the financial impact, and policies across global infrastructure. As the global leader in IT infrastructure services, Kyndryl advances the mission-critical technology systems the world depends on every day. Collaborating with a vast network of partners and thousands of customers worldwide, Kyndryl's team of highly skilled experts develops innovative solutions that empower enterprises to achieve their digital transformation goals. Learn more about our sponsor at https://kyndryl.com.
Cyber insurers can't just assess risk—they need to actively protect businesses from evolving threats.In this episode, host Anthony Hess welcomes Daniel Woods, Principal Security Researcher at Coalition, to explore how cyber insurers can move beyond risk transfer and take an active role in cybersecurity. Daniel explains how Coalition's mission-driven approach sets it apart, and why active insurance has an edge in an era of escalating threats.You'll learn:1. Why cyber insurers must go beyond risk assessment and actively protect policyholders2. How web privacy litigation from the plaintiffs' bar mirrors cybercriminal tactics3. The biggest blind spots in systemic cyber risk, and why a privacy casualty catastrophe is worth thinking about4. How insurers can build real-time risk mitigation into their coverage models5. The future of cyber insurance: Where the industry is headed and how insurers can stay ahead___________Get in touch with Daniel Woods on LinkedIn: https://www.linkedin.com/in/daniel-woods-82555199/___________About the host Anthony Hess:Anthony is passionate about cyber insurance. He is the CEO of Asceris, which supports clients to respond to cyber incidents quickly and effectively. Originally from the US, Anthony now lives in Europe with his wife and two children.Get in touch with Anthony on LinkedIn: https://www.linkedin.com/in/anthonyhess/ or email: ahess@asceris.com.___________Thanks to our friends at SAWOO for producing this episode with us!
In this episode of Command Control Power, the hosts welcome back Justin Esgar of ACEs Conference. The discussion kicks off with light-hearted banter about colds and convincing Jerry to buy a ticket for the upcoming ACEs Conference. Justin shares behind-the-scenes insights into his daily routine and the value of attending ACEs, highlighting its focus on business growth for consultants, the expansion of the conference to include special training sessions at the 'big fruit company' campus, and how it helps attendees improve client relations and efficiencies. The conversation also covers the unique supportive nature of the Apple community and the upcoming Edward Esgar ACES Scholarship in honor of Justin's father. The episode wraps up with an insightful discussion about the ACES Mastermind program, emphasizing the importance of continuous learning and community support in the tech industry. 00:00 Introduction and Welcoming Justin Esgar 01:01 Daily Routine and Behind the Scenes 01:56 ACEs Conference Overview 02:50 Special Training and Business Focus 04:43 Consulting and Sales Strategies 16:24 Importance of Cyber Insurance 19:13 Bringing Employees to ACEs 26:28 Tim Pearson's Chat and Wedding Insights 26:55 Honoring My Dad: The Edward Esgar ACES Scholarship 28:35 Funny Story: The Car Mix-Up 29:59 All Things MSP and Podcasting 31:22 The Sandwich Compliment and Fearless Feedback 36:57 Mastermind Program and Business Coaching 42:06 The Unique Apple Community 47:44 Wrapping Up and Final Thoughts
Send us a textNavigating Cybersecurity and Insurance: Insights from Industry Experts Craig Sekowski and Ralph Pasquariello Join host Chris Whitaker on this episode of The Wireless Way, where he converses with seasoned IT executives Craig Sekowski and Ralph Pasquariello . Discover their extensive backgrounds in IT, insurance, and fintech, and get insights on the intersection of cybersecurity and insurance. Learn about their innovative CARE program (Cyber Insurance Assessment and Risk Evaluation) and how it helps businesses measure and manage risk effectively. They delve into the complexities of cybersecurity, the importance of adequate insurance, and the ever-evolving landscape of cyber threats. Featuring a discussion on the significance of multi-level security approaches and real-world examples, this episode is a crucial listen for tech enthusiasts and business owners alike.00:00 Introduction and Host's Welcome00:32 Guest Introductions: Craig Sekowski and Ralph Pasquariello 03:04 Craig's Career Journey03:55 Ralph's Career Journey07:29 The Origin of the CARE Report12:13 Small Business Cyber Insurance Needs19:30 Cybersecurity Trends and Challenges27:16 Client Security Assessment28:03 Analyzing Client Risk28:19 Deep Dive into Threat Titles28:38 External Network Data and Simulations31:36 Industry-Specific Risks33:37 Benchmarking and Remediation35:39 Importance of Mobile Device Management37:16 Final Thoughts and Recommendations39:03 Conclusion and Contact Information39:59 Introduction to Pure Talk41:32 Cybersecurity and Insurance Insights44:38 MDM and Corporate-Owned Devices46:03 Partnering for Cybersecurity Solutions49:23 Final Words and New Video SeriesLearn more about The Tech CollectiveOur Sponsor, PuretalkSupport the showCheck out my website https://thewirelessway.net/ use the contact button to send request and feedback.
Can your cyber insurance policy really deliver when it counts? Find out what separates a winning policy from a risky gamble.In this episode, host Anthony Hess welcomes David Anderson, Vice President of Cyber at Woodruff Sawyer, to explore the evolving cyber insurance landscape. David dives into the current trends shaping the market, sharing insights into what 2025 holds for privacy underwriting, ransomware risks, and premium stabilization. He reveals the common missteps that leave organizations vulnerable and offers actionable strategies to ensure your cyber insurance policy performs effectively in the event of a claim.You'll learn:1. Why privacy underwriting is the focal point of 2025 renewals2. How policy misalignment can lead to disastrous claims outcomes3. The must-have policy elements for manufacturing and tech firms4. Strategies to improve collaboration between CISOs and financial buyers5. Why underwriter scrutiny is shifting from quantity to efficacy of tools___________Get in touch with David Anderson on LinkedIn: https://www.linkedin.com/in/dava988/___________About the host Anthony Hess:Anthony is passionate about cyber insurance. He is the CEO of Asceris, which supports clients to respond to cyber incidents quickly and effectively. Originally from the US, Anthony now lives in Europe with his wife and two children.Get in touch with Anthony on LinkedIn: https://www.linkedin.com/in/anthonyhess/ or email: ahess@asceris.com.___________Thanks to our friends at SAWOO for producing this episode with us!
Cowbell's Founder and CEO, Jack Kudale, shares his inspiring journey from growing up on a small farm to leading a cybersecurity insurance revolution, transforming risk management for small … Read More » The post From Farm to Cybersecurity: How Cowbell is Innovating Cyber Insurance appeared first on Insurance Journal TV.
Cowbell's Founder and CEO, Jack Kudale, shares his inspiring journey from growing up on a small farm to leading a cybersecurity insurance revolution, transforming risk management for small … Read More » The post From Farm to Cybersecurity: How Cowbell is Innovating Cyber Insurance appeared first on Insurance Journal TV.
Cowbell's Founder and CEO, Jack Kudale, shares his inspiring journey from growing up on a small farm to leading a cybersecurity insurance revolution, transforming risk management for small … Read More » The post From Farm to Cybersecurity: How Cowbell is Innovating Cyber Insurance appeared first on Insurance Journal TV.
Fan Mail: Got a challenge digitizing your intake? Share it with us, and we'll unpack solutions from our experience at Cytora.In this episode of Making Risk Flow, host Juan de Castro welcomes Jonathan Spry, CEO and co-founder of Envelop Risk, for an insightful discussion on how AI and advanced analytics are transforming cyber insurance. They explore Envelop Risk's “data flywheel” strategy, emphasising the power of data-driven decision-making in risk assessment. Jonathan shares how AI-driven underwriting has evolved over the past eight years, shifting from industry scepticism to widespread adoption. They also discuss "augmented underwriting," where AI enhances—rather than replaces—human expertise, especially in speciality insurance. The conversation extends to emerging risks, such as quantum computing's impact on cybersecurity and how AI reshapes risk management across industries. To receive a custom demo from Cytora, click here and use the code 'Making Risk Flow'.Our previous guests include: Bronek Masojada of PPL, Craig Knightly of Inigo, Andrew Horton of QBE Insurance, Simon McGinn of Allianz, Stephane Flaquet of Hiscox, Matthew Grant of InsTech, Paul Brand of Convex, Paolo Cuomo of Gallagher Re, and Thierry Daucourt of AXA.Check out the three most downloaded episodes: The Five Pillars of Data Analytics Strategy in Insurance | Craig Knightly, Inigo 20 Years as CEO of Hiscox: Personal Reflections and the Evolution of PPL | Bronek Masojada Implementing ESG in the Insurance and Underwriting Space | Simon Tighe, Chaucer, and Paul McCarney, Moody's
How can insurers, brokers, and clients all win through proactive risk management? Discover the strategies reshaping the cyber insurance ecosystem.In this episode, host Anthony Hess sits down with Sidd Gavirneni, Global Product Owner, Digital Risk Management at HSB. With a background spanning cybersecurity, entrepreneurship, and InsurTech innovation, Sidd shares his insights into transforming the cyber insurance landscape. He highlights how pre-breach services benefit insurers, brokers, and clients. This episode also explores personal cyber insurance, AI's dual role in cybersecurity, and the value of partnerships in the cyber insurance ecosystem.You'll learn:1. Why pre-breach solutions are key to reducing claims and enhancing client trust2. How the insurance industry can unlock the potential of personal cyber coverage3. The challenges of data utilization in underwriting and ways to overcome them4. The role of AI as both a cybersecurity asset and a growing threat5. How closer collaboration between insurers and cybersecurity vendors drives innovation___________Get in touch with Sidd Gavirneni on LinkedIn: https://www.linkedin.com/in/siddgavirneni/___________About the host Anthony Hess:Anthony is passionate about cyber insurance. He is the CEO of Asceris, which supports clients to respond to cyber incidents quickly and effectively. Originally from the US, Anthony now lives in Europe with his wife and two children.Get in touch with Anthony on LinkedIn: https://www.linkedin.com/in/anthonyhess/ or email: ahess@asceris.com.___________Thanks to our friends at SAWOO for producing this episode with us!
Host(s): Abram Nanney, Shane Chism, and Sabir Abdul-Haqq (www.yourebs.biz)Topic: On this episode, we sit down and interview Trent Lyght, Fractional Sales Executive at Cleverce LLC, about the services some of the companies he represents provide like Cyber Insurance and IT Security.Concierge Cyber video link: https://www.youtube.com/watch?v=5_dLzkEOTsY Open Source Intelligence video link: https://www.youtube.com/watch?v=1_LQl0XaPz8Email your tech questions and opinions to: everydaytech@mpbonline.org Hosted on Acast. See acast.com/privacy for more information.
Learn more about navigating cyber threats and insurance with insights from Hunter Maskell, a Director with the CRC / INSUREtrust Cyber Practice Group and Professional Lines Broker Chris Zepeda. Ransomware attacks are making a sophisticated resurgence, matching the concerning levels of 2020 and 2021. Despite strides in incident response, the financial strain from business interruptions and legal battles lingers. While current market conditions may seem buyer-friendly, the looming specter of increasing claims warns of impending premium adjustments. Listen as we dissect the delicate balance between competitive pricing and sustainable risk management, ensuring you're prepared for the challenges ahead. The landscape of cyber insurance is ever-shifting, and understanding coverage nuances with the help of specialists is crucial. This episode is your guide to staying ahead in an era where cyber risks and solutions constantly evolve. Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace. Do you want to take your career to the next level? Join #TeamCRC to get access to best-in-class tools, data, exclusive programs, and more! Send your resume to resumes@crcgroup.com today!
Emily Perry Short is currently the National Director of Cyber Product at The Baldwin Group regularly consulting on cyber risk management and insurance solutions across a variety of industries with a particular focus on technology, venture capital, and private equity risks. Emily has been in insurance in a variety of forms since 2014, originally as a lawyer focusing on professional liability insurance defense. Her experience as both a defense attorney and a cyber and technology broker gives her a unique perspective when it comes to analyzing cyber risks for clients. In addition to her Juris Doctor, Emily holds the Certified Information Privacy Professional (CIPP/US) designation, Cyber COPE designation from Carnegie Mellon, and the Registered Professional Liability Underwriter (RPLU) designation. In January, after a number of years on the Executive Committee, Emily stepped into the role of Chairwoman for TechAssure, an international association of insurance brokers specializing in technology-related risks. She regularly speaks on panels as a subject matter expert on cyber and technology risks. She is licensed to practice law in Kansas and Missouri.In this episode, Eric and Emily Short discuss:Four basic principles of risk management Working with a broker that can give appropriate coverage The risk of cyberattack incidents Cybersecurity is the responsibility of the whole organizationKey Takeaways:Cyber risk management, like any risk management, involves 4 main concepts - accept the risk, avoid the risk altogether, transfer the risk, and mitigate the risk. Organizations should utilize a combination of these strategies.Cyber insurance policies are not standardized, so it's important to work with a broker who understands the nuances between different carrier policies and can help analyze the appropriate coverage.Cyber incidents can have significant financial and reputational impacts on organizations, so having an incident response plan that is regularly tested is crucial for being able to respond effectively.Cybersecurity is everyone's responsibility within an organization, not just the IT department's. Educating and training employees on cyber risks and best practices is essential for prevention.“Humans are the weak link. Here we are the ones who click on the phishing email. We reuse passwords when we shouldn't.” - Emily ShortConnect with Emily Short:Website: https://baldwin.com/ LinkedIn: https://www.linkedin.com/in/emilyperryshort/ Connect with Eric Dyson: Website: https://90northllc.com/Phone: 940-248-4800Email: contact@90northllc.com LinkedIn: https://www.linkedin.com/in/401kguy/ The information and content of this podcast is general in nature and is provided solely for educational and informational purposes. It is believed to be accurate and reliable as of the posting date but may be subject to changeIt is not intended to provide a specific recommendation for any type of product or service discussed in this presentation or to provide any warranties, investment advice, financial advice, tax, plan design or legal advice (unless otherwise specifically indicated). Please consult your own independent advisor as to any investment, tax, or legal statements made.The specific facts and circumstances of all qualified plans can vary and the information contained in this podcast may or may not apply to your individual circumstances or to your plan or client plan-specific circumstances.
In a market defined by uncertainty, is it possible to ever be ‘good' at cyber insurance? Daniel Kasper thinks not—at least for now.In this episode, Daniel Kasper, CEO of QualRisk Cyber Insurance Center, joins host Anthony Hess to explore why the cyber insurance market is still in its infancy. Drawing from examples like the ransomware epidemic of 2019-2022, Daniel explains how the lack of historical systemic event data, a fast-evolving threat landscape, and inherent unpredictability make cyber insurance uniquely challenging.You'll learn:1. Why a standardized framework for cyber events could revolutionize the industry2. How to balance data-driven decisions with expert judgment in an imperfect market3. What makes cyber insurance uniquely difficult to master in today's evolving landscape4. The consolidation wave reshaping the MGA sector and what it means for market players5. Why mastering cybersecurity fundamentals is essential for insurance professionals___________Get in touch with Daniel Kasper on LinkedIn: https://www.linkedin.com/in/daniel-kasper-cyber/___________About the host Anthony Hess:Anthony is passionate about cyber insurance. He is the CEO of Asceris, which supports clients to respond to cyber incidents quickly and effectively. Originally from the US, Anthony now lives in Europe with his wife and two children.Get in touch with Anthony on LinkedIn: https://www.linkedin.com/in/anthonyhess/ or email: ahess@asceris.com.___________Thanks to our friends at SAWOO for producing this episode with us!
Welcome back to Season 4! In this episode of Cyber Sip, Kevin Szczepanski and Kelly Geary, managing principal of Epic Insurance Brokers & Consultants and national practice leader of Professional, Executive & Cyber Solutions, discuss the current state of the cyber insurance market, the impact of AI on cybersecurity, and the challenges organizations face in implementing effective cybersecurity measures. They explore the rise of social engineering fraud, particularly through deepfake technology, and emphasize the importance of regular training and tabletop exercises to prepare organizations for potential cyber threats. The conversation highlights the need for a proactive approach to cybersecurity and the evolving landscape of insurance coverage in the face of new technologies.
In this episode of Insurance Town, Mayor Heath Shearon sits down with his good friend and insurance powerhouse, Ariel Rivera, the newly appointed President of PIA National. Ariel shares his journey, the responsibilities of his new role, and how he's embracing the challenges of leadership in the independent insurance world.Episode Highlights:✅ Ariel's Journey to Leadership – From starting in the industry to becoming the youngest-ever PIA National President, Ariel reflects on his path and what drives his passion for the independent agency space.✅ What PIA Does for Agents – Ariel breaks down the advocacy, education, and networking opportunities PIA provides, and why agents need to be engaged to reap the full benefits.✅ Hard Market Realities – Ariel and Heath discuss the ongoing hard market, its impact on independent agents, and what agents can do to navigate these challenging times.✅ Advocacy Matters – Hear Ariel's firsthand experience testifying before Congress about flood insurance reform, and why agents need to be aware of legislative issues affecting the industry.✅ Cyber Insurance & RGS – Ariel shares his work with RGS, helping agencies provide cyber coverage solutions in a rapidly evolving digital landscape.✅ Stronger Together – The importance of unity and collaboration in the insurance space, and how the PIA is growing stronger through collective action and support.Heath and Ariel bring the energy, passion, and love for the industry in this episode—one you don't want to miss!Sponsors:A big thank you to our sponsors for making this episode possible!
This special episode of Legally Bond is a part of Bond's 2025 Countdown to Data Privacy Day. Bond's cybersecurity and data privacy practice group co-chair, Jessica Copeland, speaks with Christine Wiktor, Area Vice President for Gallagher. Christine discusses how cyber insurance is crucial for organizations in today's digital landscape and provides best practices for responding to cyber incidents and engaging with insurance carriers.
Join Carrier Management Deputy Editor and host of The Insuring Cyber Podcast, Elizabeth Blosfield, Wells Media Content Editor Allen Laman, and Insurance Journal’s Midwest and South Central Editor … Read More » The post EP. 99: 2024’s Top Cyber Insurance Insights Wrapped appeared first on Insurance Journal TV.
Join Carrier Management Deputy Editor and host of The Insuring Cyber Podcast, Elizabeth Blosfield, Wells Media Content Editor Allen Laman, and Insurance Journal’s Midwest and South Central Editor … Read More » The post EP. 99: 2024’s Top Cyber Insurance Insights Wrapped appeared first on Insurance Journal TV.
Join Carrier Management Deputy Editor and host of The Insuring Cyber Podcast, Elizabeth Blosfield, Wells Media Content Editor Allen Laman, and Insurance Journal’s Midwest and South Central Editor … Read More » The post EP. 99: 2024’s Top Cyber Insurance Insights Wrapped appeared first on Insurance Journal TV.
Agency Nation Radio - Insurance Marketing, Sales and Technology
Insurance has been a part of Jay Fribourg's life from the very beginning. His insurance career began when he interned at his family's agency filing and scanning documents. After graduating from college, Fribourg joined the family agency but eventually broke off and started his own agency, Bentley Insurance, named after his 130-pound Great Dane. In 2012, Bentley Insurance was acquired by Pinnacle Insurance Group. However, his experience working in a cybersecurity distributor startup firm led Fribourg to partner with former coworkers and create BlueZone Cyber Solutions, combining expertise in both insurance and cybersecurity. At BlueZone, we have this goal to bring enterprise-level security down to the small business owner. That's what we've been really focused on,” Fribourg says. “Nowadays, the targets are these small businesses that don't have the protection in place and they could really use a good outsource team. “We put a package together for them and for their insurance agencies,” he adds. “It's that easy button that they can push.” Agency Nation Radio is where insurance professionals turn on the mic and share unscripted stories about leadership, technology, marketing, success, and failure—stories that helped make them the professionals they are today. From Main Street USA to the pages of Independent Agent magazine—we've got the stories you want to hear. For more, catch Agency Nation Radio on your favorite streaming platform or visit iamagazine.com/podcasts. Fribourg was also featured in the January issue of Independent Agent. Check out his interview in the link below or read the full issue online. https://www.iamagazine.com/magazine/issues/2025/january/declaration-of-independents-jay-fribourg ------------ Jay Fribourg https://www.linkedin.com/in/jayfribourg/
Matt Webb, head of cyber clients and strategy at Howden Re, joins Double Take to discuss the evolution and current state of cyber insurance, focusing on the impacts of ransomware, reputational harm and business interruption.
Discover how the evolving cyber insurance market is unlocking growth opportunities and shaping the future of risk management.In this episode, host Anthony Hess welcomes Gillian Anderson, Global Line Head for Cyber & Technology at SCOR. Gillian shares her expert insights on the market's rapid evolution, emphasizing the importance of collaboration, data-driven innovation, and the untapped potential in SMEs and emerging markets. She also highlights the critical role of talent and relationships in driving the industry's success.You'll learn:1. How collaboration and data innovation address systemic risks2. Where the industry sees growth potential in SMEs and new markets3. Why talent acquisition and education are vital for sustainability4. How relationship-driven dynamics fuel long-term success in cyber insurance___________Get in touch with Gillian Anderson on LinkedIn: https://www.linkedin.com/in/gillian-anderson-15998321/___________Details about SCOR:Website: https://www.scor.comIndustry: InsuranceCompany size: 1,001-5,000 employeesFounded: 1970___________About the host Anthony Hess:Anthony is passionate about cyber insurance. He is the CEO of Asceris, which supports clients to respond to cyber incidents quickly and effectively. Originally from the US, Anthony now lives in Europe with his wife and two children.Get in touch with Anthony on LinkedIn: https://www.linkedin.com/in/anthonyhess/ or email: ahess@asceris.com.___________Thanks to our friends at SAWOO for producing this episode with us!
Dive deep into the intricate world of cyber insurance with our Cyber Insurance Academy webinar. Designed for insurance professionals, this session will unravel the complexities of cyber policies, helping you understand key policy components, how to identify and address common coverage gaps. Best practices for tailoring policies to meet client needs. Insights into emerging cyber threats and how insurance can respond. Whether you're new to cyber insurance or looking to sharpen your expertise, this webinar will equip you with the knowledge and tools to confidently navigate the growing demand for cyber liability solutions. Don't miss this opportunity to strengthen your skillset and stay ahead in a rapidly evolving market! Contact Tuscano Like and Follow us on Facebook and Instagram RSVP for our NEW webinars today! Email us at marketing@tuscano.com Thanks for listening!
In this episode of the Outside of the Firewall podcast, the hosts discuss the increasing threat of AI-driven cybercrime and its implications for cybersecurity insurance, particularly for small businesses. They explore the challenges these businesses face in obtaining adequate insurance coverage and the false sense of security many have regarding their vulnerability to cyber attacks. The conversation also touches on the potential future regulations surrounding cybersecurity insurance and the importance of awareness and compliance with cybersecurity measures. Article: AI-Driven Cybercrime Driving Cybersecurity Insurance Needs https://www.wwlp.com/business/press-releases/ein-presswire/772064744/ai-driven-cybercrime-driving-cybersecurity-insurance-needs/?fbclid=IwZXh0bgNhZW0CMTAAAR0nSAZNFpCYfDxiVZWjkh7-Be65sSaU6Vw6pZapDv2J0_khnaOxNYF4oIg_aem_mYM0VaPoZMV9CJezev6CNw Please LISTEN
In this Brand Story episode, Sean Martin and Marco Ciappelli explore how Guardz is transforming cybersecurity for Managed Service Providers (MSPs) and small to medium-sized businesses (SMBs). The discussion features insights from Sarah Lampert, Customer Success Manager, and William Barr, Account Executive at Guardz, who shed light on the company's innovative approach to simplifying and optimizing cybersecurity solutions.Bridging the Gap for SMBsSmall to medium-sized businesses often lack dedicated IT or security teams, leaving them vulnerable to cyber threats. William Barr emphasizes how Guardz fills this gap by providing MSPs with tools tailored for SMBs. These tools simplify security management, offering MSPs a unified platform that addresses complex needs without requiring a patchwork of expensive, disparate solutions.Ease of Use and FlexibilityGuardz stands out by offering a user-friendly, AI-powered platform that integrates seamlessly into MSPs' existing workflows. Sarah Lampert highlights the platform's simplicity, enabling even small MSPs to onboard quickly and manage cybersecurity effectively. The product's flexibility allows MSPs to scale their offerings, catering to clients with varying security needs while keeping costs manageable.Key features include:Unified detection and response capabilities.Customizable security controls for different client environments.User-based pricing models that eliminate device-based cost complexities.Support Beyond TechnologyGuardz doesn't stop at providing a robust platform—it empowers MSPs through comprehensive support. Sarah Lampert explains how the Customer Success team aids MSPs with onboarding, marketing materials, and strategic advice, ensuring they position Guardz as a core component of their service stack. The company also facilitates continued learning through webinars, hands-on trials, and direct communication channels.Innovative AI IntegrationAI plays a pivotal role in Guardz's ability to streamline cybersecurity. By analyzing patterns and predicting risks, the platform helps MSPs preempt threats and respond efficiently. William Barr underscores AI's potential to reduce manual effort while enhancing security accuracy, making advanced protection accessible to smaller organizations.Cyber Insurance: A Competitive EdgeGuardz takes its commitment a step further by integrating cyber insurance into its offerings. Qualified clients can access affordable coverage directly through Guardz, ensuring SMBs meet evolving security and compliance standards. This feature not only protects businesses but also equips MSPs with a unique selling point.The Future of GuardzAs Guardz continues to evolve, its focus remains on simplifying cybersecurity for MSPs while providing scalable, cost-effective solutions for SMBs. The team's proactive approach, coupled with constant feedback integration, ensures the platform stays relevant in a dynamic cybersecurity landscape.MSPs looking to streamline their operations and enhance client security are encouraged to explore how Guardz can help achieve these goals. For more information, connect with the Guardz team or visit their platform for a trial.Learn more about Guardz: https://itspm.ag/guardzrgigNote: This story contains promotional content. Learn more.Guests:Sarah Lampert, Customer Success Manager, Guardz [@GuardzCyber]On LinkedIn | https://www.linkedin.com/in/sarlampert/William Barr, Account Executive, Guardz [@GuardzCyber]On LinkedIn | https://www.linkedin.com/in/william-barr-a447541ab/ResourcesLearn more and catch more stories from Guardz: https://www.itspmagazine.com/directory/guardzFor a free 14 day trial of Guardz's platform please visit https://itspm.ag/guardzgvu3 .Learn more about ITSPmagazine Brand Story Podcasts: https://www.itspmagazine.com/purchase-programsNewsletter Archive: https://www.linkedin.com/newsletters/tune-into-the-latest-podcasts-7109347022809309184/Business Newsletter Signup: https://www.itspmagazine.com/itspmagazine-business-updates-sign-upAre you interested in telling your story?https://www.itspmagazine.com/telling-your-story
Cyber Security Today: Navigating Novel Phishing Campaigns and Ransomware Tactics Join host Jim Love and the Cyber Security Today panel featuring Terry Cutler of Cyology Labs, David Shipley of Beauceron Security, and cybersecurity executive John Pinard. In this episode, they delve into pressing cybersecurity challenges such as novel phishing tactics using corrupted Word documents, the importance of robust offboarding processes in light of breaches at major companies like Disney, and the ramifications of a major ransomware attack on the City of Hamilton. Topics also include the recurring issue of session cookie theft, the implications of third-party cybersecurity risk as seen in the Blue Yonder ransomware attack impacting Starbucks, and the rise of hacktivism. Tune in for valuable insights and discussions aimed at improving cybersecurity measures in an ever-evolving threat landscape. 00:00 Introduction and Panelist Introductions 00:40 David Shipley's Cyber Risk Talk 02:39 Novel Phishing Campaign Discussion 06:08 Fileless Malware and Human Error 10:44 Offboarding and Internal Audits 19:48 Vendor Responsibility and Ransomware 27:06 City of Hamilton Cyber Attack 28:19 Keynote Talks and Cybersecurity Challenges 29:30 The Reality of Cyber Attacks 29:46 Ransomware and Business Email Compromise 31:21 Cyber Insurance and Its Pitfalls 32:44 Andrew Tate Hack and Hacktivism 36:04 Chinese State-Sponsored Hacks 41:26 Canadian Cybersecurity Issues 44:53 Session Cookies and Two-Factor Authentication 49:45 AI in Software Development 56:42 Concluding Thoughts and Final Remarks
The HITRUST CyberInsurance Webinar unveiled an innovative approach to acquiring cyber insurance, highlighting a streamlined process designed to benefit organizations of all sizes and sectors. Gathering insights from industry leaders including Sean Martin, Josh Ladeau, Sidney Prasse, Robert Booker, and Blake Sutherland, the discussion centered around the HITRUST Shared Risk Facility and its value proposition for organizations seeking robust cyber insurance coverage.Josh Ladeau, CEO of Trium, emphasized the importance of reducing volatility in the insurance market. He pointed out the challenges organizations face with traditional insurance processes, including cumbersome questionnaires and inconsistent underwriting requirements. By leveraging HITRUST certifications, the Shared Risk Facility offers a consistent, transparent, and efficient pathway for obtaining coverage, ensuring organizations can focus more on their core operations rather than administrative burdens.Sidney Prasse, a cyber specialist at McGill and Partners, highlighted the comprehensive nature of HITRUST certifications, which provide a high level of assurance and a robust framework for organizations. Prasse elaborated on the return on investment (ROI) that organizations gain from this streamlined approach, not only in terms of competitive premiums but also through time and resource efficiencies.Robert Booker, Chief Strategy Officer at HITRUST, elaborated on the rigorous processes involved in HITRUST certifications. He explained that these certifications require organizations to demonstrate their security maturity comprehensively, which in turn provides insurers with verified, reliable data. This reliability and transparency in security posture are critical, as they enhance the trust between insurers and insureds, making the underwriting process smoother and more accurate.Blake Sutherland, EVP of Market Engagement at HITRUST, emphasized the importance of proactive engagement between IT security teams and finance or risk management teams within organizations. He noted that the HITRUST approach helps bridge gaps between these departments, ensuring a unified and effective strategy towards obtaining and maintaining cyber insurance coverage.The webinar underscored that the HITRUST Shared Risk Facility is not just about easier and more efficient insurance processes; it also represents a strategic advantage in the market. Organizations that are HITRUST certified can differentiate themselves, demonstrating a high level of security and compliance that can be pivotal in securing business contracts. This differentiation is particularly crucial as businesses increasingly rely on third-party attestation to verify their security measures.Ultimately, the HITRUST CyberInsurance Webinar showcased how strategic partnerships and innovative approaches can transform the traditional cyber insurance landscape, providing organizations with the tools they need to effectively manage risk and achieve better overall security.Learn more about HITRUST: https://itspm.ag/itsphitwebNote: This story contains promotional content. Learn more.Guests: Blake Sutherland, EVP Market Adoption, HITRUST [@HITRUST]On LinkedIn | https://www.linkedin.com/in/blake-sutherland-38854a/Robert Booker, Chief Strategy Officer, HITRUST [@HITRUST]On LinkedIn | https://www.linkedin.com/in/robertbooker/Sidney Prasse, Partner, McGill & PartnersOn LinkedIn | https://www.linkedin.com/in/sidney-prasse-297894aa/Josh Ladeau, CEO, Trium CyberResourcesEnhancing Cyber Insurance with HITRUST: Streamlining Coverage through Strategic Partnerships (Session): Learn more and catch more stories from HITRUST: https://www.itspmagazine.com/directory/hitrustView all of our HITRUST Collaborate 2024 coverage: https://www.itspmagazine.com/hitrust-collaborate-2024-information-risk-management-and-compliance-event-coverage-frisco-texasAre you interested in telling your story?https://www.itspmagazine.com/telling-your-story
During the latest Brand Story episode recorded as part of the On Location series at HITRUST Collaborate 2024, host Sean Martin speaks with Ryan Griffin from McGill Partners about the intricacies of cyber insurance.Ryan Griffin, who plays a key role at the cyber insurance brokerage firm McGill Partners, shares insights into the importance of cyber insurance for large and complex organizations. Griffin outlines how the company helps clients understand and quantify their cyber risks before negotiating with over 100 cyber insurers to secure coverage. This rigorous approach is crucial given the volatile nature of cyber risks.One of the significant challenges in the field, Griffin notes, is the counterparty risk involved in contractual relationships between large organizations. He emphasizes the necessity for businesses to carry adequate insurance coverage, akin to traditional liability insurance. Griffin reflects on the market evolution where organizations now see the value in cyber insurance, which should ideally cover rare but high-impact events.The episode also highlights the pivotal role of data in understanding and pricing cyber risks. Sean Martin brings attention to the collaboration between McGill Partners and HITRUST. HITRUST's extensive data on cybersecurity and privacy maturity provides Griffins' team with a strong foundation for tailored cyber insurance solutions. Griffin praises HITRUST's reliable framework that has been in place since 2007-2008, saying it's a key differentiator in the cyber insurance space.Sean Martin also notes the ongoing evolution in how organizations approach cyber insurance. Historically, the market's response to cybersecurity certifications has been lukewarm, but there is a shift towards utilizing credible, respected frameworks in insurance solutions. HITRUST certifications, such as the R2 certification, now play a crucial role in demonstrating an organization's efforts to mitigate risk and are instrumental in securing favorable insurance terms.Griffin further discusses the multifaceted stakeholders involved in procuring cyber insurance within organizations. He talks about the need for simplifying cyber risk management for different organizational roles, particularly the non-technical insurance buyers. Griffin emphasizes making the insurance process less intimidating by leveraging compliance and cybersecurity measures already in place.Ryan Griffin underscores McGill Partners' mission to create a mature and sustainable risk pool, making cyber insurance predictable and reliable for their clients. The collaboration with HITRUST showcases a tangible effort towards improving trust and efficiency in the cyber insurance market. With accurate, trustworthy data, McGill Partners is dedicated to reducing insurance barriers and ensuring organizations are well-prepared to meet their cyber risk management needs.Learn more about McGill and Partners: https://itspm.ag/mcgill-and-partners-o89wNote: This story contains promotional content. Learn more.Guest: Ryan Griffin, Partner, McGill and PartnersOn LinkedIn | https://www.linkedin.com/in/ryanpgriffin/ResourcesLearn more and catch more stories from McGill and Partners: https://www.itspmagazine.com/directory/mcgill-and-partnersVideo Podcast: Introduction to HITRUST's Cyber Insurance Facility: https://itspm.ag/hitrusp5x6Learn more and catch more stories from HITRUST: https://www.itspmagazine.com/directory/hitrustLearn more about 7 Minutes on ITSPmagazine Short Brand Story Podcasts: https://www.itspmagazine.com/purchase-programsNewsletter Archive: https://www.linkedin.com/newsletters/tune-into-the-latest-podcasts-7109347022809309184/Business Newsletter Signup: https://www.itspmagazine.com/itspmagazine-business-updates-sign-upAre you interested in telling your story?https://www.itspmagazine.com/telling-your-story
Welcome to the ENT! Cyber security expert, Matt Quammen, joins Jeff, Karl and Nate to discuss the best ways small business owners can protect themselves from cyber fraud, theft, id theft, social engineering and more. Learn about some free tools as well as practical ideas. 1. Create a cyber plan 2. Use the plan to inform what you do daily and 3. Purchase cyber insurance, just in case. Matt shows us how to do more with less, perform a rapid security audit, and get the best bang for the buck. As a quick reminder, the Expert Network Team provides free consultations. We would love the opportunity to be of service to you or someone you care about. Just scroll the liner notes to contact one of our experts or today's guest. And please share this podcast with anyone who you think might find it interesting. As always, it is good to have an expert on your side. — Today's guest: Matt Quammen Optimize Cyber Expert Network team provides free consultations. Just mention that you listened to the podcast. Nathan Merrill, attorney Working with affluent families and entrepreneurs in implementing tax-efficient strategies and wealth preservation Goodspeed, Merrill (720) 473-7644 nmerrill@goodspeedmerrill.com www.goodspeedmerrill.com Jeff Krommendyk, Insurance Expert Working with business owners and successful families in transferring risk One Digital Insurance Agency (303) 730-2327 jeff.krommendyk@onedigital.com Karl Frank Financial planner helping a small number of successful families grow and protect their wealth and choose how they want to be taxed CERTIFIED FINANCIAL PLANNER™ A&I Wealth Management (303) 690.5070 karl@assetsandincome.com Webcasts, Podcasts, Streaming Video, Streaming Audio A&I webcasts, podcasts, streaming video, or streaming audios are provided free of charge solely for use by individuals for personal, noncommercial uses, and may be downloaded for such uses only, provided that the content is not edited or modified in any way and provided that all copyright and other notices are not erased or deleted. All webcasts, podcasts, streaming video, or streaming audios are subject to and protected by U.S. and international copyright laws and may not be sold, edited, modified, used to create new works, redistributed or used for the purpose of promoting, advertising, endorsing or implying a connection with A&I. A&I reserves the right, at any time and for any reason, to stop offering webcasts, podcasts, streaming video, or streaming audios and to stop access to or use of webcasts, podcasts, streaming video, or streaming audio and any content contained therein A&I shall not be liable for any loss or damage suffered as a result of, or connected with, the downloading or use of the webcasts, podcasts, streaming video, or streaming audios. - A&I Wealth Management is a registered investment adviser that only conducts business in jurisdictions where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment adviser is not an endorsement of the firm by securities regulators and does not mean the adviser has achieved a specific level of skill or ability. The firm is not engaged in the practice of law or accounting. - The information presented is believed to be current. It should not be viewed as personalized investment advice. All expressions of opinion reflect the judgment of the presenter on the date of the podcast and are subject to change. The information presented is not an offer to buy or sell, or a solicitation of any offer to buy or sell, any of the securities discussed. You should consult with a professional adviser before implementing any of the strategies discussed. Any legal or tax information provided in this podcast is general in nature. Always consult an attorney or tax professional regarding your specific legal or tax situation.
Guest: Ivano Bongiovanni, General Manager / Sr Lecturer, AusCERT / UQOn LinkedIn | https://www.linkedin.com/in/ivano-bongiovanni-cybersecurity-management/At AU Cyber Con | https://melbourne2024.cyberconference.com.au/speakers/ivano-bongiovanni-ibtppHosts: Sean Martin, Co-Founder at ITSPmagazine [@ITSPmagazine] and Host of Redefining CyberSecurity Podcast [@RedefiningCyber]On ITSPmagazine | https://www.itspmagazine.com/sean-martinMarco Ciappelli, Co-Founder at ITSPmagazine [@ITSPmagazine] and Host of Redefining Society Podcast & Audio Signals PodcastOn ITSPmagazine | https://www.itspmagazine.com/itspmagazine-podcast-radio-hosts/marco-ciappelli____________________________Episode NotesThis AISA Cyber Con 2024 On Location podcast episode recorded in Melbourne spotlights critical discussions led by Ivano Bongiovanni, General Manager for AUSCERT and Senior Lecturer in Cybersecurity at the University of Queensland. The dialogue centers on pivotal issues shaping organizational approaches to cybersecurity, from decision-making factors to data governance and regulatory influences.Bongiovanni discusses his research on decision-making in cybersecurity, conducted across six large organizations. By interviewing professionals at operational, tactical, and strategic levels, the study examines the multifaceted factors driving decisions, such as configuring security systems or choosing cyber insurance. The research identifies four primary influence levels: industry, organizational, team, and individual. Key drivers include regulations at the industry level, organizational culture, and access to collaborative professional forums. These insights aim to provide decision-makers with a reflective framework to ensure comprehensive and informed choices.Another prominent focus is data governance. Bongiovanni emphasizes its role as both a foundation for robust cybersecurity and a potential avenue for organizational value creation. He highlights the challenges organizations face in mapping, managing, and securing their data. While traditionally viewed through a lens of loss prevention, he argues that effective data governance can unlock operational efficiencies and new business opportunities. This aligns with a broader industry shift to link cybersecurity investments to strategic value creation, rather than purely protective measures.The episode also touches on evolving regulatory landscapes. Bongiovanni outlines the increasing scrutiny on board members and CISOs (Chief Information Security Officers) regarding cybersecurity accountability. While Australia is still catching up with global trends, parallels are drawn to the U.S., where regulations like the SEC's proposed cyber disclosures link leadership liability to organizational cybersecurity practices. In Australia, existing duties of care under the Corporations Act are becoming focal points for regulatory expectations.Information-sharing frameworks, such as ISACs (Information Sharing and Analysis Centers), also feature in the discussion. Bongiovanni underscores their importance in fostering collaboration, particularly in sectors like higher education and healthcare. He notes the ongoing cultural shift encouraging organizations to share threat intelligence securely, which is essential for collective resilience.Through Bongiovanni's contributions, this episode highlights both the challenges and opportunities in cybersecurity decision-making, emphasizing a nuanced understanding of regulatory, cultural, and technical dynamics.____________________________This Episode's SponsorsThreatlocker: https://itspm.ag/threatlocker-r974____________________________ResourcesFuture is now: Cautious reflections and bold predictions on cyber security in the years to come (Session): https://melbourne2024.cyberconference.com.au/sessions/session-FsEVnuge9uHow do we make decisions in cybersecurity? Operational, tactical, and strategic decision-making in the age of AI (Session): https://melbourne2024.cyberconference.com.au/sessions/session-BdOGZjahUeThe executive playbook: Elevate your cyber security through data governance (Workshop): https://melbourne2024.cyberconference.com.au/workshops/workshop-rxAAQPTLUJLearn more and catch more stories from Australian Cyber Conference 2024 coverage: https://www.itspmagazine.com/australian-cyber-conference-melbourne-2024-cybersecurity-event-coverage-in-australiaBe sure to share and subscribe!____________________________Catch all of our event coverage: https://www.itspmagazine.com/technology-cybersecurity-society-humanity-conference-and-event-coverageTo see and hear more Redefining CyberSecurity content on ITSPmagazine, visit: https://www.itspmagazine.com/redefining-cybersecurity-podcastTo see and hear more Redefining Society stories on ITSPmagazine, visit:https://www.itspmagazine.com/redefining-society-podcastWant to tell your Brand Story Briefing as part of our event coverage?Learn More
Send us a textIn this episode, Joey Pinz talks with Cole Knuth about the evolving cyber insurance landscape and its implications for Managed Service Providers (MSPs). Cole, who transitioned from the electrical industry to Pax8, discusses his journey in the tech sector and Pax8's strategic direction. The conversation emphasizes the challenges and opportunities for MSPs in the rapidly expanding cyber insurance market, projected to grow from $16 billion to $120 billion by 2032.
Cyber insurance provides compensation if a company suffers financial loss due to a security incident such as a ransonware payment, costs of data recovery, legal expenses or fines, or damage to a company’s reputation. Today on the Packet Protector podcast, we discuss the ins and outs of cyber insurance with a policy holder. Joe Stern... Read more »
Eric Green, Founder of Tax Rep Network talks with Rob Ferrini of McGowan Pro, a cybersecurity insurance company specializing in mitigating accounting firm cyber risks. Since 1998, McGowan Pro has specialized in providing professional liability-related insurance products to accountants, investment advisors, attorneys, and other professionals. Their personal service is unmatched by any other national broker. It's crucial to have your WISP—your Written Information Security Plan—in place, along with all your data security measures, and to know what to do in case of a breach, ensuring you also have cyber insurance. The pressing question is, who do you call, and what do you need? Cyber insurance has experienced its ups and downs, and unlike other types of insurance that have been around for decades, it is evolving rapidly given the threat landscape for accounting firms. In this episode, Eric Green and Rob Ferrini break down exactly what accounting firms need to do to ensure they protect themselves in the case of a data breach, data theft, or financial loss that is incurred through cyber crimes directed at accounting firms and their clients. Want to contact Rob? Email him at rferrini@mcgowanprofessional.com.
Eric Green, Founder of Tax Rep Network talks with Rob Ferrini of McGowan Pro, a cybersecurity insurance company specializing in mitigating accounting firm cyber risks. Since 1998, McGowan Pro has specialized in providing professional liability-related insurance products to accountants, investment advisors, attorneys, and other professionals. Their personal service is unmatched by any other national broker. It's crucial to have your WISP—your Written Information Security Plan—in place, along with all your data security measures, and to know what to do in case of a breach, ensuring you also have cyber insurance. The pressing question is, who do you call, and what do you need? Cyber insurance has experienced its ups and downs, and unlike other types of insurance that have been around for decades, it is evolving rapidly given the threat landscape for accounting firms. In this episode, Eric Green and Rob Ferrini break down exactly what accounting firms need to do to ensure they protect themselves in the case of a data breach, data theft, or financial loss that is incurred through cyber crimes directed at accounting firms and their clients. Want to contact Rob? Email him at rferrini@mcgowanprofessional.com.
Cyber insurance provides compensation if a company suffers financial loss due to a security incident such as a ransonware payment, costs of data recovery, legal expenses or fines, or damage to a company’s reputation. Today on the Packet Protector podcast, we discuss the ins and outs of cyber insurance with a policy holder. Joe Stern... Read more »
In this Brand Story episode, recorded live at the HITRUST Collaborate Conference 2024, host Sean Martin sits down with Monica Shokrai, Head of Risk and Insurance for Google Cloud. The topic of conversation centers around cyber insurance, a crucial area impacting organizations across sectors.Monica Shokrai leads the charge in managing risk and procuring insurance for Google Cloud, a role that integrates closely with both the finance and security teams. She highlights the unique dual approach of her team, which not only secures coverage for Google but also strategizes on how to leverage insurance to assist Google Cloud customers in mitigating risks.A key point discussed is the interdisciplinary nature of cyber insurance. Traditionally managed by the finance or legal departments, Shokrai emphasizes its growing collaboration with cybersecurity teams. She notes that the standard organizational structure often sees a communication divide between finance and security departments. However, the evolving cyber insurance market is pushing these groups closer together, fostering a more integrated risk management strategy.Shokrai also shares insights on how Google approaches risk exposure and posture. By modeling risk in-house and leveraging an actuarial team, Google can quantify risks accurately and work closely with security teams. This model not only helps in securing better insurance terms but also aids in understanding and integrating security measures within the organization.Another significant point is Google's innovative approach to automating the cyber insurance process. Through their Risk Protection Program, Google allows security metrics to be shared with insurance partners like Allianz in Munich. This method simplifies the underwriting process and promotes a data-driven approach to evaluating cybersecurity risks, aligning insurers and security teams toward a common goal.Overall, the discussion underscores the importance of a cohesive strategy that bridges finance and cybersecurity through innovative risk management and insurance practices. With leaders like Monica Shokrai at the helm, Google Cloud is at the forefront of integrating these critical functions, ultimately benefiting both the company and its customers.Learn more about HITRUST: https://itspm.ag/hitrusi2itNote: This story contains promotional content. Learn more.Guest: Monica Shokrai, Head of Risk and Insurance, Google Cloud [@lifeatgoogle]On LinkedIn | https://www.linkedin.com/in/monicashokrai/ResourcesSimplified Cyber Insurance for Organizations with a HITRUST Certification: https://itspm.ag/hitrusp5x6Learn more and catch more stories from HITRUST: https://www.itspmagazine.com/directory/hitrustLearn more about 7 Minutes on ITSPmagazine Short Brand Story Podcasts: https://www.itspmagazine.com/purchase-programsNewsletter Archive: https://www.linkedin.com/newsletters/tune-into-the-latest-podcasts-7109347022809309184/Business Newsletter Signup: https://www.itspmagazine.com/itspmagazine-business-updates-sign-upAre you interested in telling your story?https://www.itspmagazine.com/telling-your-story
High-tech tools alone can't manage today's evolving cyber threats—human insight remains essential.In this episode, host Anthony Hess welcomes Ann Irvine, Chief Data and Analytics Officer at Resilience, who shares why cyber risk management requires more than just the latest tech. Ann explains how Resilience combines technology with hands-on expertise to address complex cyber threats. She emphasizes the value of continuous client partnerships and highlights why a high-touch approach is crucial for mitigating cyber risk in an environment where attackers constantly adapt.You'll learn:1. Why human insight is essential to effective cyber risk management, beyond what tech can offer2. How data hygiene and diligence in data collection empower informed risk assessments3. Why ongoing partnerships create resilience against cyber threats4. How cyber insurance policies can drive best practices, ensuring organizations meet critical cybersecurity standards5. Why a collective approach to cybersecurity could reduce systemic risks across the industry___________Get in touch with Ann Irvine on LinkedIn: https://www.linkedin.com/in/ann-irvine-b5b39677/___________Details about Resilience:Website: https://www.cyberresilience.comIndustry: Computer and Network SecurityCompany size: 201-500 employeesFounded: 2016___________About the host Anthony Hess:Anthony is passionate about cyber insurance. He is the CEO of Asceris, which supports clients to respond to cyber incidents quickly and effectively. Originally from the US, Anthony now lives in Europe with his wife and two children.Get in touch with Anthony on LinkedIn: https://www.linkedin.com/in/anthonyhess/ or email: ahess@asceris.com.___________Thanks to our friends at SAWOO for producing this episode with us!
In this episode of Short Brand Story recorded during the HITRUST Collaborate 2024 conference, Sean Martin sits down with Josh LaDeau, a prominent figure in the world of cyber insurance. Josh, who represents Trium Cyber, illuminates the crucial aspects of cyber insurance, from data integrity to market challenges. Trium Cyber is known for its specialty in providing cyber property, E&O, and miscellaneous coverages.Josh emphasizes the importance of data in the insurance industry, explaining how accurate, structured data provided by HITRUST aids in underwriting processes. The partnership with HITRUST brings a unique advantage by ensuring data consistency and structure. This elevates the underwriting process by reducing ambiguities in policy applications and promoting data security. Josh highlights that this collaboration allows clients to present their data in a more uniform manner, making it easier for insurers to assess and underwrite policies accurately.Moreover, the HITRUST R2 framework is particularly beneficial for clients, offering a higher quality of data that leads to better coverage options and advantageous premium pricing. Josh points out that a third-party attestation by HITRUST not only assures data integrity but also qualifies clients for a dedicated credit, further enhancing their position in the market.The episode underscores the value Trium Cyber brings to its clients, focusing on technological acumen and a keen understanding of the cyber insurance landscape. This partnership is poised to make a significant impact in making cyber insurance more accessible and reliable for businesses.Learn more about Trium Cyber: https://itspm.ag/hitrusi2itNote: This story contains promotional content. Learn more.Guest: Josh LaDeau, CEO, Trium CyberResourcesLearn more and catch more stories from Trium Cyber: https://www.itspmagazine.com/directory/hitrustLearn more about HITRUST: https://itspm.ag/itsphitwebLearn more about 7 Minutes on ITSPmagazine Short Brand Story Podcasts: https://www.itspmagazine.com/purchase-programsNewsletter Archive: https://www.linkedin.com/newsletters/tune-into-the-latest-podcasts-7109347022809309184/Business Newsletter Signup: https://www.itspmagazine.com/itspmagazine-business-updates-sign-upAre you interested in telling your story?https://www.itspmagazine.com/telling-your-story
In this episode of Out of the Woods: The Threat Hunting Podcast, Scott Poley catches up with Violet Sullivan, cyber services lead for insurance carrier Crum and Forester, at the Information Security Summit in Cleveland. Violet dives into the evolving world of cyber insurance, shedding light on the often-overlooked layers of coverage that go beyond cyber events, including system outages and privacy litigation. She explains the shifting focus from ransomware to privacy issues, and how the rising importance of privacy is impacting both insurance policies and legal frameworks. They discuss the nuanced world of privacy litigation and emerging technologies like privacy scans, which scrutinize website data collection practices. Violet also addresses the current debate on AI training data, ownership, and privacy, offering insights into the challenges and implications for companies and individuals alike. If you're interested in the intersection of cyber insurance, privacy, and AI, this episode offers a compelling look at how these fields are rapidly converging. *Connect with Violet Sullivan: https://www.linkedin.com/in/txcyberlawyer/ ---- Stay in Touch! Twitter: https://twitter.com/Intel471Inc LinkedIn: https://www.linkedin.com/company/intel-471/ YouTube: https://www.youtube.com/channel/UCIL4ElcM6oLd3n36hM4_wkg Discord: https://discord.gg/DR4mcW4zBr Facebook: https://www.facebook.com/Intel471Inc/
In this Brand Story episode, Sean Martin brings together the team from HITRUST, Robert Booker and Blake Sutherland, to discuss the topic of cyber insurance and its current state in the industry. Both guests bring a wealth of experience and insight, with Robert Booker overseeing strategy, research, and innovation at HITRUST, and Blake Sutherland serving as the EVP of Market Engagement.A significant portion of the discussion centers around the role of cyber insurance in today's business environment. Cyber insurance is not just a safety net but a critical aspect of a complete risk management strategy. As Robert Booker points out, it's an essential service, historically used to cover residual risk after companies have applied their own security measures. However, the market has changed considerably, with new capabilities and approaches evolving over the past several years, making it a dynamic area.Blake Sutherland further elaborates on the issues that organizations face in acquiring cyber insurance today. The process is often cumbersome, involving extensive questionnaires and varied requirements from different underwriters. This can be particularly challenging for mid-market companies that may lack the internal resources to manage these complexities.The episode highlights that HITRUST is addressing these challenges with their R2 certification, which provides an objective, quantifiable measure of an organization's cybersecurity posture. This certification helps companies not only in fortifying their own security but also in streamlining the insurance acquisition process by offering a standardized measure that underwriters can rely on. According to Robert Booker, this quantified approach can make a significant difference, offering confidence to both the insured and the insurer.Another important aspect discussed is the role of brokerage in this process. Brokers traditionally guide companies through the insurance process, and an R2 certification from HITRUST can greatly assist them in securing better terms and conditions, as it is recognized as a testament to a company's robust security posture. This can also translate into potentially lower premiums and more reliable coverage, addressing one of the largest pain points in securing cyber insurance.The HITRUST Shared Risk Facility is made available exclusively through licensed brokers and can be accessed by any company holding an R2 certification, with plans to extend to I1 and E1 levels in the future. This facility aims to simplify the process, reduce the administrative burden on companies, and provide greater reliability in the insurance coverage.The episode wraps up with an invitation for organizations, brokers, and underwriters to engage with HITRUST to explore these innovative solutions. It's a call to improve the overall confidence in the insurance landscape through verified, independent measures of cybersecurity maturity, ultimately benefiting all parties involved in the cyber insurance ecosystem.Explore how HITRUST's R2 certification can enhance your organization's cybersecurity posture and streamline your cyber insurance process.Learn more about HITRUST: https://itspm.ag/itsphitwebNote: This story contains promotional content. Learn more.Guests: Blake Sutherland, EVP Market Adoption, HITRUST [@HITRUST]On LinkedIn | https://www.linkedin.com/in/blake-sutherland-38854a/Robert Booker, Chief Strategy Officer, HITRUST [@HITRUST]On LinkedIn | https://www.linkedin.com/in/robertbooker/ResourcesHITRUST 2024 Trust Report: https://itspm.ag/hitrusi2itLearn more and catch more stories from HITRUST: https://www.itspmagazine.com/directory/hitrustView all of our HITRUST Collaborate 2024 coverage: https://www.itspmagazine.com/hitrust-collaborate-2024-information-risk-management-and-compliance-event-coverage-frisco-texasAre you interested in telling your story?https://www.itspmagazine.com/telling-your-story
Guests: Ryan T. Patrick, Vice President of Adoption, HITRUSTOn LinkedIn | https://www.linkedin.com/in/ryan-patrick-3699117a/____________________________Hosts: Sean Martin, Co-Founder at ITSPmagazine [@ITSPmagazine] and Host of Redefining CyberSecurity Podcast [@RedefiningCyber]On ITSPmagazine | https://www.itspmagazine.com/sean-martin____________________________Episode NotesIn On Location Podcast episode, Sean Martin had a recap conversation with Ryan T. Patrick, engaging about the pivotal topics surrounding HITRUST and its Collaborate Conference. Ryan Patrick, Director of Corporate Audit and Compliance Operations at HITRUST, provided insightful commentary on HITRUST's mission and its recent initiatives to strengthen cybersecurity and compliance across various sectors. Throughout the episode, Ryan emphasized the significance of HITRUST's annual event, Collaborate. The conference serves as a central hub for customers, assessors, partners, auditors, security, and privacy professionals to share insights and build relationships.One key discussion topic was the evolving concept of continuous assurance. Ryan highlighted how HITRUST is striving to transform annual assessments into a continuous process, enabling organizations to better manage and understand their security posture throughout the year. This shift aims to make security and compliance efforts more proactive and less burdensome.Sean and Ryan also touched on the important role of HITRUST's Results Distribution System (RDS). This innovative system allows organizations to receive structured assessment results, which can be integrated seamlessly into GRC platforms like ServiceNow. By utilizing RDS, companies can more effectively compare vendor assessments and manage risk in a streamlined manner.Another significant highlight from the conference was the announcement of HITRUST's first AI security certification. Set to launch in December, this certification will provide a comprehensive framework for securing AI technologies. Ryan explained that this initiative addresses the rising concerns around AI security by focusing on the controls needed to safeguard AI deployments. In addition, the certification will ensure that the underlying infrastructure supporting AI meets high-security standards.Cyber insurance was another critical topic discussed. HITRUST's partnership with leading insurers has led to the creation of a cyber insurance product tailored for HITRUST-certified organizations. This product offers a 25% premium reduction for those who achieve HITRUST certification, potentially leading to lower premiums and higher coverage limits. Ryan noted that the product is designed to reward organizations that have demonstrated robust cybersecurity practices through their HITRUST certification.The conversation wrapped up with a mention of HITRUST's impressive Trust Report statistics. According to Ryan, less than 1% of HITRUST-certified organizations experienced a security breach in the past two years, compared to over 50% of non-certified entities. This stark difference underscores the effectiveness of HITRUST's rigorous assessment and certification process in enhancing organizational security. Ryan's insights during this episode illuminate the critical role HITRUST plays in advancing cybersecurity and compliance.The initiatives discussed not only demonstrate HITRUST's commitment to innovation but also highlight practical steps organizations can take to fortify their security posture and achieve greater assurance in an increasingly interconnected world. This collaborative spirit and dedication to continuous improvement continue to set HITRUST apart as a leader in the field.____________________________This Episode's SponsorsHITRUST: https://itspm.ag/itsphitweb____________________________Follow our HITRUST Collaborate 2024 coverage: https://www.itspmagazine.com/hitrust-collaborate-2024-information-risk-management-and-compliance-event-coverage-frisco-texasBe sure to share and subscribe!____________________________ResourcesLearn more about HITRUST Collaborate 2024 and register for the conference: https://itspm.ag/hitrusmxayLearn more about and hear more stories from HITRUST: https://www.itspmagazine.com/directory/hitrust____________________________Catch all of our event coverage: https://www.itspmagazine.com/technology-cybersecurity-society-humanity-conference-and-event-coverageTo see and hear more Redefining CyberSecurity content on ITSPmagazine, visit: https://www.itspmagazine.com/redefining-cybersecurity-podcastTo see and hear more Redefining Society stories on ITSPmagazine, visit:https://www.itspmagazine.com/redefining-society-podcastWant to tell your Brand Story as part of our event coverage?Learn More
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