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Financial institutions are a major target for cyberattacks. After all, criminals gravitate to where the money is.
Due to the highly regulated nature of the financial industry, the demand for cybersecurity insurance has grown substantially over the past few years to help manage and reduce risk in the event of a security incident. As attacks increase in sophistication and impact, there are unique considerations and circumstances business and security leaders at banks must understand in order to attain secure coverage.
In this webinar, we sit down with Ethan Harrington, Founder and Principal at 221b Consulting and former H&R Block Director of Enterprise Risk Management and Security Insurance, and Mary Roop, a 15-year insurance and risk management veteran, to explore everything financial institutions should know about cybersecurity insurance. They’ll answer all your burning questions, including:
- What is commonly covered in cybersecurity insurance for financial institutions?
- What do I need to do / track to earn my certificate of insurance?
- How do you see the cyber insurance landscape changing over the next few years?
[post_title] => Financial Services Cybersecurity Best Practices: Part 1 – Cyber Insurance
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Financial institutions are a major target for cyberattacks. After all, criminals gravitate to where the money is.
Due to the highly regulated nature of the financial industry, the demand for cybersecurity insurance has grown substantially over the past few years to help manage and reduce risk in the event of a security incident. As attacks increase in sophistication and impact, there are unique considerations and circumstances business and security leaders at banks must understand in order to attain secure coverage.
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- What is commonly covered in cybersecurity insurance for financial institutions?
- What do I need to do / track to earn my certificate of insurance?
- How do you see the cyber insurance landscape changing over the next few years?
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