The Rising Cost of Cyber Risk Insurance

Cyber risk management has become a complex, constantly changing, noisy, daily battle.

They said risk would be easy to measure, but the proliferation of mobile devices, advent of cloud computing, IoT, robotic process automation, and the explosive growth of complex third party ecosystems, coupled with the velocity of change, has made staying ahead of cyber risk almost impossible.

With third party cyber breaches becoming an increasing threat to organizations, the cost of insurance protection against breaches is also on the rise. When high-profile targets increase security and close loopholes, threat actors shift their focus to vulnerable third parties.

Cybersecurity expert, Karim Hijazi, joins Adam to discuss this growing threat to businesses and how to mitigate and prevent attacks.

Discover:

• How businesses can turn their investment in cybersecurity risk management from a cost center into a profit center;
• What is wrong with the way most businesses approach cybersecurity today;
• How most organizations that have complex supply chains are currently managing cyber risk;
• Why it is so difficult to prevent breaches even in cases where businesses are spending millions of dollars to protect their networks;
• And so much more!

If you are an enterprise IT leader, do you know what is happening right now in your ecosystem? Find out in this episode.