Cyber Risk Management Evolving Corporate Need and Risk Transfer Approaches

Exploring corporate needs in response to evolving cyber risks

The agenda for the International Cyber Risk Management Conference ICRMC in Bermuda will focus on cyber risk with an emphasis on reinsurance insurance and risk transfer solutions.

Cyber attacks can be immensely costly in terms of impact to business operations and your brand. If protecting your organisation or client from the impact of a cyber attack is your core responsibility the ICRMC in Bermuda is the place to be.

Cyber Risk Management Evolving Corporate Need and Risk Transfer Approaches
Register early for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

Register early for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

By registering early you will save $300. Register using code RISKTV to save an extra 10 percent.

Cyber Risk Management Evolving Corporate Need and Risk Transfer Approaches
Register early for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

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Understanding Cyber Risk Management Better

Guide To Cyber Risk Management

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Employing Artificial Intelligence AI in Cyber Risk Management

How can the insurance industry utilise AI to improve internal service needs and service to buyers of cyber insurance? 

Over the last few years the use of artificial intelligence AI in insurance has made important progress in traditional products allowing insurers to elevate customer engagement reach new levels of process automation and or gain new insights.

How important can AI be to the emerging field of cyber insurance? In this talk we will go through the key pillars of cyber security threat intelligence line of defense intrusion detection and incident response and discuss where how and to which extent AI can be of help for individual risk underwriting pricing and management.

At the portfolio level identifying the vectors of risk dependence and aggregation is of paramount importance. Whereas for traditional products geography defines aggregation and risk mitigation is ensured through geographical diversification the answer is less obvious when considering an eventual cyber CAT event. Finally what does the near somewhat predictable future hold in regard to AI supporting the development of a healthy cyber insurance market.

Employing Artificial Intelligence AI in Cyber Risk Management
Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

If you are wondering how AI is impacting on insurance providers and cyber insurance buyers register for this upcoming conference today.

  • Register by 30th September 2018 to save $300
  • Register with code RISKTV to save an extra 10 percent
  • Register for the latest cyber risk management news opinions and risk review

Register by clicking on button below

Employing Artificial Intelligence AI in Cyber Risk Management
Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

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Develop new cyber risk management approaches for understanding the likelihood and impact of cyber risk

Cyber Insurance Pricing Underwriting Risk Modelling and Reserving

This session will focus on differing approaches to pricing underwriting modelling and reserving of cyber risk. Hacking attempts occur daily at a rapid fire pace. The impact of cybercrime is expected to reach 6 trillion dollars by 2021 with current spending paling in comparison at approximately 96.3 billion dollars and the threat of systemic cyber risk like cloud service failure could cost society billions.

One government agency who was later breached said that they see greater than 10 million attempts per month.

Cyber attackers are becoming more sophisticated and new vulnerabilities continue to emerge. Insurance carriers must do the same and develop new approaches for understanding the likelihood and impact of cyber risk.

Develop new cyber risk management approaches for understanding the likelihood and impact of cyber risk
Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

If you are interested in transferring part of cyber risk to insurance provider or a provider of cyber risk transfer process you need to register for this conference.

  • Register by 30th September to save $300
  • Register using code RISKTV to save an extra 10 percent
  • Register today via the button below quickly and easily

Click on the button below to register for the International Cyber Risk Management Conference in Bermuda 6th to 7th December 2018

International Cyber Risk Management Conference
Register for the International Cyber Risk Management Conference in Bermuda on 6th to 7th December 2018

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CISO perspective on cyber security challenges facing enterprises

Tackling the latest approaches to governance risk mitigation talent management and views on risk financing

The buck stops with the CISO. So, listen up! This is your chance to join world renowned security leaders from Silicon Valley and Wall Street as they cover the myriad of cyber security challenges facing enterprises as they prepare to enter the third decade of the 21st century.

CISO perspective on cyber security challenges facing enterprises
Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

If you are interested or concerned about cyber risk management in your organisation you need to register today

  • Register by 30th September 2018 to save $300
  • Register using code RISKTV to save an extra 10 percent
  • Register to sharpen your cyber risk management knowledge skills

Click on the button below

CISO perspective on cyber security challenges facing enterprises
Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

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Cyber threats sharing and risk reduction development in global financial industry environment

Share cyber threats and solutions across the financial sector locally and globally

Cyber threats are creating the need for improved approaches to ensure a safe and reliable financial industry environment. Information sharing around common threats and risk areas between financial services organisations has long been a common practice.

However these arrangements tend to be amongst local geographic or vertical groups and rarely extend into the larger financial industry  community ie banks insurance investments and other financial industry participants who share with their local relationships but rarely exchange meaningful threat risk intelligence with other financial industry communities.

Cyber risks now transcend all geographic and industry sub groups and industries and the need for comprehensive high speed sharing and solution development around cyber attacks has never been greater.

Cyber threats sharing and risk reduction development in financial industry environment
Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

Why should the financial industry leverage information sharing as an effective risk reduction approach? What are the major concerns in this area? How can the financial industry collectively improve its threat protection? This session will explore these issues and more.

Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

Register today to save money

  • Register by 30th September to save $300
  • Register with code RISKTV to save an extra 10 percent
  • Register via button below today

If you work in the financial services industry and are concerned about cyber risks you need to register today. If you want to know more about latest cyber risk management solutions you need to register today to boost your knowledge about cyber risk and save money.

Sharing Cyber Risk Threats and Solutions across the Global Financial Industry
Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

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What do cyber insurance buyers really want

Evolution of Cyber Risk Management Products and Buyers Of Cyber Insurance Buyers

Cyber towers have historically been purchased by large data holders such as FIs Healthcare Retailers and the Hospitality Industry. Today the threat landscape has changed as has our global reliance on technology.

2017 saw large BI losses emanating from cyber events in non traditional cyber classes such as manufacturing transportation and logistics. We have also witnessed the impact of physical losses stemming from cyber and tech. Thus there has been a marked shift in the demographics of cyber purchasers no longer is this a niche product rather a more holistic product designed for a digitally integrated world.

Evolution Cyber Insurance Products
Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

Is the industry prepared to respond by moving silent cyber out of the shadows and explicitly embrace embedded cyber in traditional policies? This panel will discuss the evolution of the cyber product including the challenges of creating products that cross into traditional P&C lines it will look to the future as to what is next for this rapidly evolving insurance class and it will examine what insurance buyers are really looking for.

Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

Learn more about how cyber insurance is rapidly evolving and how to deploy cyber risk management products better. Find out why you need cyber insurance and what to expect from your purchase.

  • Register before 30th September 2018 to save $300.
  • Use code RISKTV when registering to save an extra 10 percent
  • Book online today via registration button

Register to attend International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

Evolution of cyber insurance products and buyers
Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

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Cyber Security Implications from Blockchain to Crypto Currencies

International Cyber Risk Management Conference Bermuda Review of Security Implications from Blockchain to Crypto Currencies

Blockchain promises a complete disruption of conventional data processing handling and storage processes. From a cybersecurity perspective it is being touted as a dream come true with powerful cryptographic algorithms and no intermediaries that could leak or compromise data. But like any new technology blockchain presents unknowns and fresh challenges.

Blockchain to Crypto Currencies Cyber Security Implications
Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

Governments and regulators including Bermuda are working fast to put in place appropriate legal structures to govern structures such as cyptocurrencies. This panel will explore the opportunities offered by blockchain and the challenges surrounding regulation and security in the cryptocurrency arena with particular reference to Bermuda which is also exploring blockchain platforms for eidentities and land registry.

Register to find out more about security implications at the International Cyber Risk Management Conference Bermuda December 2018

The 2 day conference aims to help you manage cyber risks better.

  • Book your seat today to sharpen the saw of your cyber risk management knowledge
  • Register before 30th September to save $300
  • Register using code RISKTV to secure a further 10% discount

If you are interested in cyber security you should be interested in this conference and should register today to save money.

International Cyber Risk Management Conference Bermuda 6th to 7th December 2018
Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018

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Understanding Cyber Risk Management Better

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Financial Services Jobs At Risk Of Automation

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Smart Risk Management What Are Regulators Focusing On

Explore cyber risk and global privacy concerns from a regulatory perspective

Join this illustrious panel as they explore cyber risk and global privacy concerns from a regulatory perspective. With the backdrop of GDPR state sponsored attacks and escalating class action D&O and regulatory penalty risk this is a session that captive owners risk managers CISOs and CLOs cannot afford to miss.

Smart Risk Management To Satisfy Financial Services Regulators
Smart Risk Management based on what are regulators focusing on at the International Cyber Risk Management Conference ICRMC Bermuda December 2018

Captive owners risk managers CISOs and CLOs cannot afford to miss

The International Cyber Risk Management Conference in Bermuda is on 6th to 7th December 2018. Book your seat before the 3oth September 2018 for a $300 discount.

When you register for the conference if you use code RISKTV you will receive an extra 10% discount. So book today to avoid paying more.

Register for International Cyber Risk Management Conference Bermuda December 2018
Register for International Cyber Risk Management Conference Bermuda December 2018

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BusinessRiskTV Explore cyber risk and global privacy concerns from a regulatory perspective

Cyber Risk Management Trends 2018

How is cyber risk impacting on your business objectives

Are you staying ahead of the game? Do you have the latest cyber risks under control? A little cyber risk awareness training might provide a little insight for you to build upon.

Cyber Security Trends 2018
Cyber Risk Management Trends Explored at the International Cyber Risk Management Conference ICRMC Bermuda December 2018

To some of the guesswork out of your cyber risk management planning

Tap into the current cyber risk trends. Find ways to protect your enterprise better against latest cyber risks. Get insight into harmful cyberattacks. Business leaders exploring the top emerging cybersecurity and risk management trends.

The conference will put the spotlight on cyber risk trends. Learn how to strengthen your defence against cyber risks.

British Airways is one of the latest big name organisations to suffer a loss of data following breach of cyber security systems. They are not alone and will not be the last.

Business leaders are increasingly conscious of the impact cybersecurity can have on finances reputation and business performance. It can be hard keeping on top of the current cyber risk trends. The International Cyber Risk Management Conference in Bermuda will explore the latest threats 6th to 7th December 2018.

Register before 30th September to save $300. BusinessRiskTV readers can get an extra 10 percent off when they book if you quote code RISKTV.

Cyber Risk Management Trends
International Cyber Risk Management Conference Bermuda December 2018

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Cyber Risk Management Conference Bermuda December 2018

International Cyber Risk Management Conference ICRMC

The International Cyber Risk Management Conference ICRMC in Bermuda is on the 6 to 7 December 2018 at the Hamilton Princess and Beach Club.

Luke Dembosky, former Senior DOJ Cyber Official to Keynote Bermuda International Cyber Risk Management Conference. Dembosky will share top cyber incident preparation and response strategies drawing on 16 years on the front lines of high profile cyber incidents, including while at the US Department of Justice.

Mr. Dembosky joins a set of world-class cyber leaders that will be speaking at the event including Silicon Valley and Wall Street CISOs global cyber leaders from insurance and industry along with regulators and technology trailblazers with an eye on cyber security.

Register now early bird deadline is September 30 2018. Book now to get a massive discount if you are interested in cyber risk management.

Risk Management Online members get an extra 10% OFF if you quote code RISKTV when booking.

Register for International Cyber Risk Management Conference ICRMC Bermuda December 2018
Register for International Cyber Risk Management Conference ICRMC Bermuda December 2018

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Riding best waves require you to be just in front. Being behind the wave means you miss out. Being ahead of wave risks your assets being wiped out! Getting timing just right requires training tips and advice.

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Explore the digital world more today. Stay informed about digital technology world. Do not just learn about technology. Use it in practical way to grow your business.

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Shape your future world of business. Jump aboard the digital revolution! Empower yourself and your employees. Engage your customers more. Win new customers more profitably. Make the most of your business physical assets with cyberspace. Integrate your bricks and mortar plans with ecommerce. Innovate in digital world with help from new partner network.

Invest in the digital education and promotion. Deliver what your customers and potential customers need faster.

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Tailored cyber risk management training for executives

Cyber risk experts will create bespoke cyber risk management training course for your executives or attend Cyber Risk BusinessRiskTV online courses.

Develop the cyber risk knowledge and risk management skills to assess the risk to your company or enterprise and decide on suitable cyber risk controls.

Develop your corporate cyber risk management capability to protect against financial loss and brand reputation damage.

Increase your awareness of the risks to your business after attending one of Cyber Risk BusinessRiskTV executive training courses.

International Cyber Risk Management Conference ICRMC Bermuda December 2018

Luke Dembosky, former Senior DOJ Cyber Official to Keynote Bermuda International Cyber Risk Management Conference. Dembosky will share top cyber incident preparation and response strategies drawing on 16 years on the front lines of high profile cyber incidents including while at the US Department of Justice.

International Cyber Risk Management Conference ICRMC Bermuda December 2018
Register for International Cyber Risk Management Conference in Bermuda in December 2018

Mr. Dembosky joins a set of world-class cyber leaders that will be speaking at the event including Silicon Valley and Wall Street CISOs global cyber leaders from insurance and industry along with regulators and technology trailblazers with an eye on cyber security.

Register now early bird deadline is September 30 2018. Book now to get a massive discount if you are interested in cyber risk management.

Risk Management Online members get an extra 10% OFF if you quote code RISKTV when booking.

Register International Cyber Risk Management Conference Bermuda December 2018
Register International Cyber Risk Management Conference Bermuda December 2018

Cyber Risk Management Trends 2018

Smart Risk Management What Are Regulators Focusing On

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What do cyber insurance buyers really want

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We work in collaboration with other business risk management experts around the world to help solve corporate risks and below is risk information to help you understand part of the solution for cyber risk management – cyber insurance.

Cyber Risk Risk Management Solutions Cyber Insurance

Neil Gurnhill CEO Node International Explores Cyber Insurance To Protect Businesses Better

Business Activity Risk Profiling VS Scaremongering Will Increase Your Cyber Insurance uptake

The key to engaging with a potential client to discuss and provide cyber-risk insurance is to approach the discussions from their real business activities’ needs rather than any generalised knowledge they have gleaned from recent cyber-security threats or events reported in the national broadcast and newspaper media.

For example, most retail brokers engage too early in conversations about ‘hacking’, ‘denial of service’, ‘phishing’ and ‘social engineering’ and such like. As important as these topics are, it can often lead to a conclusion that the potential client has not been directly affected by these matters to date, therefore, they don’t need cover. Don’t forget the basic premise of insurance – it provides security for the future!

Our extensive experience at Node International, particularly in the USA and Europe, clearly tells us that the correct, and more successful approach is to start with an evaluation of the potential clients business activities.

For examples each of these activities has a cyber-risk profile so even though the potential client has not dealt with (say) a denial of service attack, the fact that over 80% of their business depends upon an ecommerce website highlights the substantial cyber-risk. Or they are highly dependent on a supply chain and/or contractor, of which they know little about their cyber-risk policies, again highlighting their potential cyber risk through the failures of others.

Taking this business activities profiling approach is a very logical systematic approach that engages the potential client. It is also quite simple to conduct. Start with a conversation about ‘mapping’ the high priority business activities and start introducing the question, ‘’What happens if…’’ Think of it as an ‘heat map’ of the business. When viewed overall, the client then sees the totality of cyber-risk they face. Then, the most effective cover can be assessed and priced accordingly.

It’s important not to think of early conversations as ‘selling cyber-insurance’ but providing an expert and value-added service to the clients. It is likely that they know very little about cyber-security and cyber-risk so building up the ‘heat map’ though sensible discussion helps the client. Nowadays, ‘helping the client to buy’ is far more effective than ‘selling’.

This is where Node International scores highly. As a wholesale broker and underwriter at Lloyds of London you can tap into our expertise and assistance. For example, by talking to one of our brokers before you go and see a client could help you tremendously. Even if you have never used Node International before, our brokers and underwriters are here to help you build your business.

Finally, lets step back a little. In the last two decades there has been a huge increase in businesses that are now dependent upon their technologies and digital capability. And, of course, the constant threat scenarios they face each day. From our experience, literally 99% of modern businesses (from small to large across all sectors) face at least one cyber-risk in their ‘heat map’. In effect, every business call you make is a potential satisfied client providing you approach it correctly and have a ‘value-added service’ at the forefront of your mind. As mentioned before, we can assist you with this essential skill.

Contact Neil Gurnhill, CEO Node International for more help with Cyber Insurance

Email – neilg@nodeinternational.com
Direct line – 02033 208983
Tel – 07823 888413
Lloyds Chambers, 1 Portsoken Street, London, E1 8BT

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Protect your business better from cyber risks with help of BusinessRiskTV. What is happening in the world of cyber risks? What are the emerging cyber risks which could impact on your business in future? What is the threat from interconnectivity?

Businesses must prepare for cyber risks which are changing in nature and the resulting business disruption costs financial damages and reputational damages are rising. Senior managers and executives need to develop their skills and cyber risk knowledge to manage the risks better.

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International Cyber Risk Management Conference ICRMC Bermuda December 2018

Luke Dembosky, former Senior DOJ Cyber Official to Keynote Bermuda International Cyber Risk Management Conference. Dembosky will share top cyber incident preparation and response strategies drawing on 16 years on the front lines of high profile cyber incidents including while at the US Department of Justice.

International Cyber Risk Management Conference ICRMC Bermuda December 2018
Register for International Cyber Risk Management Conference in Bermuda in December 2018

Mr. Dembosky joins a set of world-class cyber leaders that will be speaking at the event including Silicon Valley and Wall Street CISOs global cyber leaders from insurance and industry along with regulators and technology trailblazers with an eye on cyber security.

Register now early bird deadline is September 30 2018. Book now to get a massive discount if you are interested in cyber risk management.

Risk Management Online members get an extra 10% OFF if you quote code RISKTV when booking.

Register for International Cyber Risk Management Conference Bermuda December 2018
Register for International Cyber Risk Management Conference Bermuda December 2018

Cyber Risk Management Trends 2018

Smart Risk Management What Are Regulators Focusing On

Cyber Security Implications from Blockchain to Crypto Currencies

What do cyber insurance buyers really want

Cyber Risks Forum

Understanding Cyber Risk Management Better

BusinessRiskTV Cyber Risk Management