Cyber Insurance SIG Achievements and Plans

The Cyber Insurance SIG has achieved significant milestones in 2019/20, including the release of the Anti-Trust Statement Interface and hosting webinars connecting CERTs and Cyber (Re-)Insurers. Plans for 2020/21 include Michael Spreitzenbarth co-chairing the SIG, discussions on Cyber War Exclusions, and hosting a Cyber Insurance Ask-Me-Anything session. Explore the impact of cyber insurance and participate in upcoming events.

• Cyber Insurance
• SIG Achievements
• Webinars
• Cyber Risk Metrics
• Data Sources

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Uploaded on Sep 22, 2024 | 1 Views

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1. Cyber Insurance SIG

2. Achievements in 2019/20 Release of the Anti-Trust Statement Interface for CERTs and Cyber (Re-)Insurers to talk and exchange Organisation of Webinars to connect CERTs and Cyber (Re-)Insurers SIG in General Cyber Insurance Established a Cyber Insurance Coverage Working Group Created an initial Draft of the Cyber Insurance Coverage Matrix Our interest in data and metrics aligns us closely with Metrics-SIG Regular discussions of data sources for cyber risk Metrics

3. Webinars held so far Silent or non-affirmative cyber across traditional insurance policies - not so silent anymore Ransomware - The Quantitative way Eireann Leverett (Concinnity Risks) Kara C. Owens (Markel Corporation) December March May January April Cybercrime in the Sky - Travel Fraud Ecosystem Outside-In Risk Scoring and its use case for Cyber (Re-)Insurers Transparency Imperative or Security Nightmare? Cyber Resilience ESG Reporting Alice Hutchings (University of Cambridge) Michael Spreitzenbarth & Rupert Wimmer (Munich Re) Maya Bundt (Swiss Re) & Andrea Bonime-Blanc (GEC Risk Advisory)

4. Plans for 2020/2021 Michael Spreitzenbarth to co- chair the SIG together with Eireann Leverett next year Discuss the updated Cyber War Exclusions and draft/release an opinion paper on it Create and deliver an agreed version of the Cyber Insurance Coverage Matrix Host a Cyber Insurance Ask- Me-Anything

5. Have you ever worked an incident with a cyber insurance claim attached to it? 1. Yes 2. No

6. Has cyber insurance ever impacted your work? 1. It made it easier 2. It made it harder 3. Never encountered it

7. Would you like to attend a Cyber Insurance ask me anything within FIRST? 1. Yes 2. No 3. Can we skip to the Hello Kitty thing?

8. Thank You