Cyber Insurance - A Primer for Infosec

Explore the rapidly growing cyber insurance market in this informative conference talk from AppSecCali 2019. Gain insights into the commercial insurance industry, focusing on cyber insurance policies, coverages, limits, and exclusions. Learn about the underwriting process, pricing strategies, and datasets used by insurance carriers. Understand the challenges faced by the industry in accurately assessing and pricing cyber risks. Discover the historical context of insurance, from ancient Babylonian practices to modern-day cyber policies. Examine the roles of brokers, agents, and reinsurance in the cyber insurance ecosystem. Analyze common policy exclusions, such as property damage, bodily injury, and war or terrorism. Investigate how cyber insurance relates to application security and potential partnerships within the industry. Gain valuable knowledge to participate effectively in cyber insurance discussions and decisions within your organization.

Intro
Motivation
What is Insurance?
Cyber Insurance Evolving
History of Insurance: Hammurabi
History of Insurance: Guilds
Pascal's Tables
Insurance adapts to new tech & risk
Brokers & Agents
Reinsurance
Types of Insurance Companies
Property/Casualty Cyber Expansion
Cyber Insurance Products: language
Common Exclusions - Property damage
Common Exclusions - Bodily Injury
Common Exclusions - War & Terrorism
The Art of Underwriting
Underwriting Challenges: Unclear legal and regulatory rules.
How does this relate to AppSec?
Partnerships
Legal Tests