Cyber Insurance 101 for CISOs

Explore the fundamentals of cyber insurance tailored for Chief Information Security Officers (CISOs) in this 44-minute Black Hat conference talk. Gain insights into cyber policy basics, including market dynamics, coverage terms and conditions, and associated services. Discover the crucial role CISOs play in the cyber insurance procurement process and understand the interplay between security and insurance. Delve into topics such as efficacy, value proposition, security product warranty, and cyber insurance examples. Examine direct expenses, security privacy liability, and the cyber insurance timeline. Learn about claim costs, coverage limitations, and conditions. Analyze the current state of the cyber insurance market, including the distinction between crime and terrorism. Equip yourself with essential knowledge to navigate the complex landscape of cyber insurance as a CISO.

Intro
Welcome
Security vs Insurance
Nicknames
Email from Robert
Key takeaways
CISOs are scared
Efficacy
Value Proposition
What is it
Security Product Warranty
Cyber Insurance Example
Product Offering
Direct Expenses
Security Privacy Liability
Cyber Insurance Timeline
How much does a claim cost
Coverage limitations
Conditions
State of the market
Cyber insurance market
Crime vs terrorism
Black box