The Cyber Insurance Mirage: Why Cybersecurity MUST Come First
Cyber Insurance has its place, but it is not a suitable replacement for appropriate cybersecurity. After roughly a decade of working in the cyber insurance industry, I go through all the reasons why improving your security posture is still a worthwhile investment for your business.
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Who Am I to Say: 00:56
What I Tell All of My Cyber Insurance Clients: 01:37
Why Have Better Security: 04:28
Did You Read Your Policy?: 05:25
Did Your Agent Read Your Policy?: 06:45
Changes in Cyber Insurance Policies: 08:02
Insurers Demanding Increased Controls: 14:09
Regulators Demanding Increased Controls: 16:13
Cyber Class Actions Gaining Momentum: 19:14
You Might Run Out of Insurance: 22:29
Intra-Breach Stressors: 24:37
Post-Breach Stressors: 26:18
Rogue Employees & Supply Chain Attacks: 27:24
Synopsis: 28:39
Disclaimer: I'm not giving official insurance or legal advice. This video is for general information purposes only. Talk to an attorney licensed in your jurisdiction familiar with your own circumstances. Seriously! Trust nothing you see on the internet!