Giving Diligence its Due: Timeless Strategies for Surviving Change - Shared screen with speaker view
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Jim Krehely (Maryland Department of Transportation)
Please chat us with your Qs!
please message to "everyone" so all can see
Someone messaged me directly: Can you discuss how cyber insurance works? What do I need to know before purchasing ?
Any more questions?
look at deductibles- dollars and time
look at sublimts, third party and first party claims, are your chosen professionals going to be paid for by the carrier
sorry, isn’t there a danger that cyber assurance gives a false sense of security to executives and they under-invest in cyber readiness and maturity? also, if a system cyber event occurs, there will be tremendous counter party risk from carriers who may not be appropriately reserved or even solvent at that time.
systemic cyber event I meant
How does D & O insurance factor into cyber security insurance?
Michael, I agree - cyber insurance is not a cyber preparedness plan
Jeffrey, we'll be happy to follow up with some info and to discuss your question afterward.
Thank you for your question!
Life's a breach!
Moore, Gary P.
Great conversation everyone Thank you!
Thank you everyone!!