New Ways Leaders Can Assess Their Risk Appetite

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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:

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