New Ways Leaders Can Assess Their Risk Appetite

Cyber Crime Junkies

In this conversation, Dan Elliott, principal cybersecurity risk advisor at Zurich, discusses new ways leaders can assess their risk appetite.

KEY TOPICS:

• · how risk appetite effects your cyber security plans,
• · explaining risk appetite in cyber security to leadership,
• · how security planning involves risk appetite,
• · new ways leaders can assess their risk appetite,
• · how cyber insurance works,
• · how cyber insurance is only one part of risk management,
• · and risk management beyond cyber insurance.

Chapters

• · 00:00 Introduction and Role Explanation
• · 03:26 Transferring Risk and Risk Appetite
• · 06:01 The Complexity of Insurance and Risk Management
• · 07:41 Insurance as One Part of Risk
• · 08:10 The Impact of Breaches Beyond Insurance
• · 09:48 Career Journey: From Coding to Law Enforcement
• · 16:32 Concerns of Organizational Leaders
• · 20:22 Breakdown in Communication between Technology Leadership and the Board
• · 21:19 Explaining Risk Mitigation and Funding Needs
• · 22:46 Constantly Evolving Security Programs
• · 23:02 Challenges and Techniques in Fighting Breaches
• · 24:07 The Complexity of Cybersecurity Breaches
• · 25:13 The Priming Process and Research Involved in Breaches
• · 26:07 Measuring and Quantifying Risk in Cybersecurity
• · 27:03 Compliance vs. Cybersecurity
• · 28:03 The Importance of Cyber Risk Quantification
• · 29:11 The Role of Compliance and Security in the Financial Industry
• · 30:02 Preparing for a Data Breach: Incident Response Planning
• · 34:06 The Role of Law Enforcement in Incident Response
• · 36:22 The Difference Between Compliance and Security
• · 43:38 The Impact of Poor Preparation on Breach Response
• · 44:34 Preparing for a Data Breach: Incident Response Plan
• · 48:28 The Importance of Practice and Preparedness
• · 49:24 Upcoming Events and Focus on Helping Clients

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