New Ways Leaders Can Assess Their Risk Appetite

Cyber Crime Junkies

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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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