Cyberinsurance presents a challenge (and an opportunity) to major insurers as well as companies living under the specter of ransomware. Global insurers grapple with how best to manage risk given the possibility of nation-state attacks. Security leaders meanwhile need to prove that their security makes their companies insurable, spending hours answering questionnaires without any certainty of a decent premium. There are solutions to these challenges, however, and you can join three of the world’s leading thinkers on cyberinsurance as they address macro-level policy issues as well as real solutions for easing the insurance burden. Participants will gain a novel understanding of how to negotiate lower insurance premiums and a better plan for ransomware as well as nation-state level cyberattacks.
Session Resources:
- Cyberinsurance Policy: Rethinking Risk in an Age of Ransomware, Computer Fraud, Data Breaches, and Cyberattacks by Josephine Wolff, available from MIT Press
- “Insurers must rethink handling of cyberattacks on states.” by Josephine Wolff, Financial Times
- “A Brief History of Cyberinsurance.” by Josephine Wolff, Slate